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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Summary of Significant Accounting Policies  
Reconciliation of the net earnings (loss) per common share

    

Three months 

Six months 

ended 

ended 

June 30, 

June 30, 

2021

2021

Net earnings (loss)

$

24,948,298

(32,308,780)

Adjustment to Redeemable Series A Common Stock

(14,338)

(50,672,720)

Net earnings (loss) attributable to shareholders

$

24,933,960

(82,981,500)

Redeemable Series A Common Stock

Numerator: Earnings (loss) allocable to Redeemable Series A Common Stock

$

19,947,168

(64,585,168)

Denominator: Basic and diluted weighted average shares outstanding

57,500,000

49,558,011

Basic and diluted net earnings (loss) per share, Redeemable Series A Common Stock

$

0.35

(1.30)

Non-Redeemable Series F Common Stock

Numerator: Earnings (loss) allocable to Non-Redeemable Class F Common Stock

$

4,986,792

(18,396,332)

Denominator: Basic and diluted weighted average shares outstanding

14,375,000

14,116,022

Basic and diluted net earnings (loss) per share, Non-Redeemable Series F Common Stock

$

0.35

(1.30)

Summary of assets and liabilities measured at fair value on a recurring basis

    

    

June 30, 

Description

Level

 

2021

Marketable securities held in Trust Account

1

$

575,024,421

Public Warrants

1

$

25,204,550

Forward Purchase Agreement

2

$

15,676,675

Private Placement Warrants

 

2

$

22,754,000

Conversion feature of Working Capital Loan

2

$

258,480

Schedule of fair value assumptions

Estimated dividend yield

0.00%

Expected volatility

28%

Risk-free interest rate

1.41%

Expected term (years)

5