Description of Organization, Business Operations and Basis of Presentation (Details) - USD ($) |
1 Months Ended | 3 Months Ended |
---|---|---|
Sep. 21, 2020 |
Sep. 30, 2020 |
|
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Offering costs | $ (38,841,488) | |
Proceeds from public offering | $ 690,000,000 | |
Public offering price per unit (in Dollars per share) | $ 10.00 | |
Assets held in the trust account, percentage | 80.00% | |
Voting percentage | 50.00% | |
Redeeming share percent | 15.00% | |
Business combination redeem price percentage | 100.00% | |
Trust Account Per share (in Dollars per share) | $ 10.00 | |
Trust account, description | (i) $10.00 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). | |
Amount held at bank | $ 689,957,206 | |
Loan amount | 194,000 | |
Liquidity [Member] | ||
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Amount held at bank | 2,800,000 | |
Working capital amount | 2,700,000 | |
Proceeds from capital contribution | $ 25,000 | |
Trust Account [Member] | ||
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Share price (in Dollars per share) | $ 10.00 | |
Net tangible assets | $ 5,000,001 | |
IPO [Member] | ||
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Issuance of initial public offering units (in Shares) | 69,000,000 | |
Deferred underwriting commissions | $ 24,200,000 | |
Business combination, description | If the Company is unable to complete a Business Combination within 24 months from the closing of the Initial Public Offering, or 27 months from the closing of the Initial Public Offering if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial Business Combination within 24 months from the closing of the Initial Public Offering (the “Combination Period”), the Company will (i) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than 10 business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to fund its working capital requirements, subject to an annual limit of $500,000, and/or to pay our taxes (less up to $100,000 of interest to pay dissolution expenses and which interest shall be net of taxes payable), divided by the number of then issued and outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any); and (3) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the board of directors, liquidate and dissolve, subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. | |
Over-Allotment Option [Member] | ||
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Issuance of initial public offering units (in Shares) | 9,000,000 | |
Share issued price per unit (in Dollars per share) | $ 10.00 | |
Gross proceeds | $ 690,000,000 | |
Offering costs | 38,800,000 | |
Deferred underwriting commissions | $ 24,200,000 | |
Private Placement [Member] | ||
Description of Organization, Business Operations and Basis of Presentation (Details) [Line Items] | ||
Gross proceeds | $ 17,300,000 | |
Warrants issued (in Shares) | 11,533,333 | |
Price per warrant (in Dollars per share) | $ 1.50 |