Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 1,505,453 $ 1,661,085
Prepaid expenses 490,063 578,413
Total Current Assets 1,995,516 2,239,498
Cash and marketable securities held in Trust Account 400,174,166 400,085,104
TOTAL ASSETS 402,169,682 402,324,602
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current liabilities—accrued expenses 169,379 118,353
Warrant liability 27,450,000 46,970,000
Deferred underwriting fee payable 13,125,000 13,125,000
Total Liabilities 40,744,379 60,213,353
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 35,642,530 and 33,711,124 shares at $10.00 per share at March 31, 2021 and December 31, 2020, respectively 356,425,300 337,111,240
Shareholders' Equity    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 5,745,622 25,059,489
Accumulated deficit (747,055) (20,061,109)
Total Shareholders' Equity 5,000,003 5,000,009
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 402,169,682 402,324,602
Common Class A [Member]    
Shareholders' Equity    
Common stock value 436 629
Total Shareholders' Equity 436 629
Common Class B [Member]    
Shareholders' Equity    
Common stock value 1,000 1,000
Total Shareholders' Equity $ 1,000 $ 1,000