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Restatement Of Previously Issued Financial Statements
1 Months Ended
Jun. 30, 2021
Restatement Of Previously Issued Financial Statements [Abstract]  
Restatement Of Previously Issued Financial Statements Note 2 – Restatement of Previously Issued Financial Statements

Subsequent to the issuance of the condensed financial statements as of and for the three months ended September 30, 2021 and for the period from May 27, 2021 (inception) to September 30, 2021, the Company identified an error in its calculation of basic and diluted net loss per share and concluded that the Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 filed with the Securities and Exchange Commission (the “SEC”) on November 9, 2021 should be restated. As discussed in Note 6, on September 10, 2021, the Company amended certain terms of the Class L ordinary shares (the “Class L Shares”) held by the Sponsor. As a result of the amendment, the Class L Shares no longer met the requirement to be classified in equity and was recorded as a liability. The Company did not consider the Class L Shares in its EPS calculation as of September 30, 2021 and therefore did not present EPS. Management re-evaluated this conclusion and determined that basic and diluted net loss per share should be calculated by attributing net loss for the period to the Class L Shares, which represent the Sponsor’s existing equity interest in the Company and the only class of shares outstanding for the period.

Impact of the Restatement on Net Loss Per Share of Ordinary Shares

Three Months
Ended September 30, 2021

Inception-to-Date
September 30, 2021

As reported as previously 10-Q

Adjustment

As Restated

As reported as previously 10-Q

Adjustment

As Restated

Basic and diluted net loss per share:

Numerator:

Net loss

$

$

(55,850,310)

$

(55,850,310)

$

$

(55,860,934)

$

(55,860,934)

Denominator:

Weighted-average shares outstanding

12,739,286

12,739,286

12,739,286

12,739,286

Basic and diluted net loss per share

$

$

(4.38)

$

(4.38)

$

$

(4.38)

$

(4.38)