Initial Public Offering |
3 Months Ended | |
|---|---|---|
Mar. 31, 2021 | ||
| Public Offering [Abstract] | ||
| Initial Public Offering |
Note 3—Initial Public Offering On September 21, 2020, the Company consummated its Initial Public Offering of 69,000,000 Units, including 9,000,000 Over-Allotment Units, at $10.00 per Unit, generating gross proceeds of $690.0 million, and incurring offering costs of approximately $38.8 million, inclusive of approximately $24.2 million in deferred underwriting commissions. Each Unit consists of one Class A ordinary share and
one-quarter of one redeemable warrant (“Public Warrant”). Each whole Public Warrant will entitle the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to adjustment (see Note 6). |