Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 873,032 $ 1,694,679
Prepaid expenses 426,105 507,465
Total current assets 1,299,137 2,202,144
Cash and investments held in Trust Account 690,021,213 690,171,366
Total Assets 691,320,350 692,373,510
Current liabilities:    
Accounts payable 162,796 15,775
Accrued expenses 373,101 361,100
Due to related party 44,587 44,697
Total current liabilities 580,484 421,572
Deferred legal fees 239,161 239,161
Deferred underwriting commissions 24,150,000 24,150,000
Derivative warrant liability 58,119,490 99,938,040
Total liabilities 83,089,135 124,748,773
Commitments and Contingencies  
Class A ordinary shares; 60,323,121 and 59,262,473 shares subject to possible redemption at $10.00 per share at March 31, 2021 and December 31, 2020, respectively 603,231,210 562,624,730
Shareholders' Equity:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 28,293,519 68,899,593
Accumulated deficit (23,296,107) (63,902,585)
Total shareholders' equity 5,000,005 5,000,007
Total Liabilities and Shareholders' Equity 691,320,350 692,373,510
Class A Ordinary Shares    
Shareholders' Equity:    
Common stock, value 868 1,274
Total shareholders' equity 868 1,274
Class B Ordinary Shares    
Shareholders' Equity:    
Common stock, value 1,725 1,725
Total shareholders' equity $ 1,725 $ 1,725