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Condensed Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (107,659)
Adjustments to reconcile net loss to net cash used in operating activities:  
Formation cost paid by Sponsor in exchange for issuance of founder shares 5,000
Interest earned on marketable securities held in Trust Account (4,687)
Changes in operating assets and liabilities:  
Prepaid expenses (586,893)
Accrued expenses 56,197
Net cash used in operating activities (638,042)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (450,000,000)
Net cash used in investing activities (450,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 441,000,000
Proceeds from sale of Private Placement Shares 11,000,000
Proceeds from promissory note – related party 300,000
Repayment of promissory note – related party (300,000)
Payment of offering costs (627,963)
Net cash provided by financing activities 451,372,037
Net Change in Cash 733,995
Cash – Beginning of period
Cash – End of period 733,995
Non-Cash investing and financing activities:  
Offering costs paid by Sponsor in exchange for issuance of founder shares 20,000
Initial classification of Class A ordinary shares subject to possible redemption 430,622,030
Change in value of Class A ordinary shares subject to possible redemption (102,660)
Deferred underwriting fee payable $ 15,750,000