Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 479,196 $ 1,694,679
Prepaid expenses 353,274 507,465
Total current assets 832,470 2,202,144
Cash and investments held in Trust Account 690,045,877 690,171,366
Total Assets 690,878,347 692,373,510
Current liabilities:    
Accounts payable 240,888 15,775
Accrued expenses 383,066 361,100
Due to related party 492,533 44,697
Total current liabilities 1,116,487 421,572
Deferred legal fees 239,161 239,161
Deferred underwriting commissions 24,150,000 24,150,000
Derivative warrant liability 56,314,870 99,938,040
Total liabilities 81,820,518 124,748,773
Commitments and Contingencies  
Class A ordinary shares; 60,405,782 and 56,262,473 shares subject to possible redemption at $10.00 per share at June 30, 2021 and December 31, 2020, respectively 604,057,820 562,624,730
Shareholders' Equity:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 27,466,918 68,899,593
Accumulated deficit (22,469,493) (63,902,585)
Total shareholders' equity 5,000,009 5,000,007
Total Liabilities and Shareholders' Equity 690,878,347 692,373,510
Class A Ordinary Shares    
Shareholders' Equity:    
Common stock, value 859 1,274
Total shareholders' equity 859 1,274
Class B Ordinary Shares    
Shareholders' Equity:    
Common stock, value 1,725 1,725
Total shareholders' equity $ 1,725 $ 1,725