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CONDENSED STATEMENT OF CASH FLOWS
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 6,319,210
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on investments held in Trust Account (8,319)
Unrealized gain on change in fair value of warrants (7,166,800)
Transaction costs 655,046
Changes in operating assets and liabilities  
Prepaid assets (696,830)
Franchise tax payable 50,000
Accounts payable and accrued expenses 293,175
Net cash used in operating activities (554,518)
Cash flows from investing activities:  
Principal invested into Trust account (276,000,000)
Net cash used in investing activities (276,000,000)
Cash flows from financing activities:  
Due to related party 3,817
Proceeds from sale of Units, net of underwriter fee 270,480,000
Offering costs (369,212)
Proceeds from issuance of Private Placement Warrants 7,820,000
Borrowing from Promissory Note 35,192
Repayment of promissory note (73,780)
Proceeds from working capital loans 100,000
Net cash provided by financing activities 277,996,017
Net Change in Cash 1,441,499
Cash, beginning of the period 0
Cash, end of period 1,441,499
Supplemental Disclosure of Non-cash Financing Activities:  
Initial classification of Class A common stock subject to possible redemption 276,000,000
Initial Classification Of Common Stock Subject To Possible Redemption [Abstract]  
Class A ordinary shares subject to possible redemption 276,000,000
Deferred underwriters' discount payable charged to additional paid in capital 9,660,000
Initial Warrant liability $ 18,028,933