Registration of securities issued in business combination transactions

Condensed Consolidated Balance Sheet

v3.21.2
Condensed Consolidated Balance Sheet - USD ($)
Jun. 30, 2021
Jan. 18, 2021
Current assets:    
Cash $ 460,232  
Prepaid expenses 919,083 $ 14,516
Total current assets 1,379,315 14,516
Investments held in Trust Account 275,006,781  
Deferred offering costs associated with proposed public offering   35,000
Total Assets 276,386,096 49,516
Current liabilities:    
Accounts payable 11,500  
Accrued expenses 122,328 35,000
Total current liabilities 133,828 35,000
Deferred underwriting commissions 9,625,000  
Warrant liabilities 12,566,666  
Total liabilities 22,325,494  
Commitments and Contingencies (Note 6)
Shareholders' Equity:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 9,305,166 24,310
Accumulated deficit (4,306,111) (10,484)
Total shareholders' equity 5,000,002 14,516
Total Liabilities and Shareholders' Equity 276,386,096 49,516
Class A Ordinary Shares [Member]    
Current liabilities:    
Class A ordinary shares, $0.0001 par value; 24,906,060 shares subject to possible redemption at $10.00 per share 249,060,600  
Shareholders' Equity:    
Ordinary shares 259
Class B Ordinary Shares [Member]    
Shareholders' Equity:    
Ordinary shares $ 688 $ 690 [1],[2]
[1] On February 25, 2021, the Company effected a share capitalization, resulting in an aggregate of 6,900,000 Class B ordinary shares outstanding. All shares and associated amounts have been retroactively restated to reflect the share capitalization (see Note 4).
[2] This number includes up to 900,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter.