Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 700,248  
Prepaid expenses 585,171 $ 9,298
Total current assets 1,285,419 9,298
Investments held in Trust Account 316,256,601  
Deferred offering costs associated with the initial public offering   120,000
Total Assets 317,542,020 129,298
Current liabilities:    
Accounts payable 55,968  
Accrued expenses 485,965 120,000
Accrued expenses - related party 50,000  
Total current liabilities 591,933 120,000
Deferred underwriting commissions 11,068,750  
Derivative warrant liabilities 14,899,250  
Total liabilities 26,559,933 120,000
Commitments and Contingencies
Class A ordinary shares, $0.0001 par value; 28,598,208 and -0- shares subject to possible redemption at $10.00 per share as of June 30, 2021 and December 31, 2020, respectively 285,982,080  
Shareholders' Equity:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of June 30, 2021 and December 31, 2020  
Additional paid-in capital   24,209
Retained earnings (accumulated deficit) 4,998,913 (15,702)
Total shareholders' equity 5,000,007 9,298
Total Liabilities and Shareholders' Equity 317,542,020 129,298
Class A ordinary shares [Member]    
Shareholders' Equity:    
Common Stock 303  
Total shareholders' equity 303 0
Class B ordinary shares [Member]    
Shareholders' Equity:    
Common Stock 791 791
Total shareholders' equity $ 791 $ 791