Condensed Statement of Changes in Shareholders' Equity - 3 months ended Mar. 31, 2021 - USD ($) |
Total |
Additional Paid-in Capital |
Accumulated Deficit |
Class A Ordinary Shares |
Class B Ordinary Shares |
---|---|---|---|---|---|
Beginning balance at Dec. 31, 2020 | $ 6,380 | $ 22,556 | $ (18,620) | $ 0 | $ 2,444 |
Beginning balance (in shares) at Dec. 31, 2020 | 0 | 24,437,500 | |||
Sale of units in initial public offering, gross | 957,730,890 | 957,721,115 | $ 9,775 | ||
Sale of units in initial public offering, gross (in shares) | 97,750,000 | ||||
Offering costs | (53,390,327) | (53,390,327) | |||
Sale of private placement warrants to Sponsor in private placement | 6,858,410 | 6,858,410 | |||
Shares subject to possible redemption | (903,981,360) | (903,972,320) | $ (9,040) | ||
Shares subject to possible redemption (in shares) | (90,398,136) | ||||
Net loss | (2,223,991) | (2,223,991) | |||
Ending balance at Mar. 31, 2021 | $ 5,000,002 | $ 7,239,434 | $ (2,242,611) | $ 735 | $ 2,444 |
Ending balance (in shares) at Mar. 31, 2021 | 7,351,864 | 24,437,500 |
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- Definition Sale of private placement warrants to sponsor in private placement. No definition available.
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- Definition Shares subject to possible redemption shares. No definition available.
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- Definition Shares subject to possible redemption Value. No definition available.
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- Definition Amount of decrease in additional paid in capital (APIC) resulting from direct costs associated with issuing stock. Includes, but is not limited to, legal and accounting fees and direct costs associated with stock issues under a shelf registration. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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