Quarterly Financial Information (Tables)
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6 Months Ended |
Dec. 31, 2020 |
Quarterly Financial Information Disclosure [Abstract] |
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Schedule of Balance Sheet |
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As of September 30, 2020 |
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As Previously Reported |
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Restatement Adjustment |
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As Restated |
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Unaudited Condensed Balance Sheet |
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$ |
693,957,206 |
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$ |
— |
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$ |
693,957,206 |
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Liabilities and shareholders’ equity |
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Total current liabilities |
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$ |
1,052,132 |
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$ |
— |
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$ |
1,052,132 |
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239,161 |
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Deferred underwriting commissions |
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24,150,000 |
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— |
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24,150,000 |
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Derivative warrant liabilities |
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— |
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56,334,070 |
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56,334,070 |
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25,441,293 |
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56,334,070 |
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81,536,202 |
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Class A ordinary shares, $0.0001 par value; shares subject to possible redemption |
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663,276,660 |
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(56,334,070 |
) |
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606,942,590 |
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Preference shares - $0.0001 par value |
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— |
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— |
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— |
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Class A ordinary shares - $0.0001 par value |
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267 |
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564 |
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831 |
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Class B ordinary shares - $0.0001 par value |
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1,725 |
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— |
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1,725 |
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Additional paid-in-capital |
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5,204,860 |
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19,364,816 |
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24,569,676 |
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(206,850 |
) |
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(19,365,380 |
) |
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(19,572,230 |
) |
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Total shareholders’ equity |
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5,000,002 |
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— |
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5,000,002 |
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Total liabilities and shareholders’ equity |
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$ |
693,717,955 |
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$ |
— |
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$ |
693,478,794 |
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Schedule Of Income Statement |
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Period From July 3, 2020 (Inception)
Through September 30, 2020
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As Previously Reported |
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Restatement Adjustment |
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As Restated |
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Unaudited Condensed Statement of Operations |
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$ |
(164,056 |
) |
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$ |
— |
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$ |
(164,056 |
) |
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Change in fair value of warrant liabilities |
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— |
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(18,076,180 |
) |
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(18,076,180 |
) |
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— |
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(1,289,200 |
) |
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(1,289,200 |
) |
Unrealized loss on investments held in Trust Account |
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(42,794 |
) |
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— |
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(42,794 |
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Total other (expense) income |
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(42,794 |
) |
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(19,365,380 |
) |
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(19,408,174 |
) |
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$ |
(206,850 |
) |
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$ |
(19,365,380 |
) |
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$ |
(19,572,230 |
) |
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Basic and Diluted weighted-average Class A common shares outstanding |
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69,000,000 |
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— |
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69,000,000 |
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Basic and Diluted net loss per Class A share |
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$ |
(0.00 |
) |
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— |
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$ |
(0.00 |
) |
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Basic and Diluted weighted-average Class B common shares outstanding |
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17,250,000 |
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— |
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17,250,000 |
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Basic and Diluted net loss per Class B share |
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$ |
— |
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— |
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$ |
(1.13 |
) |
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Schedule Of Cash flows |
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Period From July 3, 2020 (Inception)
Through September 30, 2020
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As Previously Reported |
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Restatement Adjustment |
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As Restated |
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Unaudited Condensed Statement of Cash Flows |
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$ |
(206,850 |
) |
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$ |
(19,365,380 |
) |
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$ |
(19,572,230 |
) |
Adjustment to reconcile net loss to net cash used in operating activities |
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67,794 |
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19,365,380 |
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19,433,174 |
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Net cash used in operating activities |
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(515,550 |
) |
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— |
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(515,550 |
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Net cash used in investing activities |
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(690,000,000 |
) |
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— |
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(690,000,000 |
) |
Net cash provided by financing activities |
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693,295,138 |
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— |
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693,295,138 |
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$ |
2,779,588 |
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$ |
— |
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$ |
2,779,588 |
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