Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 1,090,787 $ 1,661,085
Prepaid expenses 341,250 578,413
Total Current Assets 1,432,037 2,239,498
Cash and marketable securities held in Trust Account 400,214,519 400,085,104
TOTAL ASSETS 401,646,556 402,324,602
LIABILITIES AND SHAREHOLDERS' DEFICIT    
Current liabilities—accounts payable and accrued expenses 3,149,381 118,353
Warrant liability 19,825,000 46,970,000
Deferred underwriting fee payable 13,125,000 13,125,000
Total Liabilities 36,099,381 60,213,353
Commitments and Contingencies
Shareholders' Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Accumulated deficit (34,453,825) (57,889,751)
Total Shareholders' Deficit (34,452,825) (57,888,751)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT 401,646,556 402,324,602
Common Class A [Member]    
LIABILITIES AND SHAREHOLDERS' DEFICIT    
Class A ordinary shares subject to possible redemption, 40,000,000 shares at $10.00 per share at September 30, 2021 and December 31, 2020 400,000,000 400,000,000
Common Class B [Member]    
Shareholders' Deficit    
Common stock value 1,000 1,000
Total Shareholders' Deficit $ 1,000 $ 1,000