Registration of securities issued in business combination transactions

Condensed Consolidated Statements of Changes in Shareholders' Equity

v3.21.2
Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Total
Class B Ordinary Shares [Member]
Common Stock
Class A Ordinary Shares [Member]
Common Stock
Class B Ordinary Shares [Member]
Additional Paid-in Capital
Retained Earnings
Beginning Balance at Jan. 07, 2021 $ 0   $ 0 $ 0 $ 0 $ 0
Beginning Balance (Shares) at Jan. 07, 2021     0 0    
Issuance of Class B ordinary shares to Sponsor [1],[2] 25,000     $ 690 24,310  
Issuance of Class B ordinary shares to Sponsor (Shares) [1],[2]       6,900,000    
Class B ordinary shares forfeited (Shares)   900,000        
Net income (loss) (10,484)         (10,484)
Ending Balance at Jan. 18, 2021 14,516   $ 0 $ 690 24,310 (10,484)
Ending Balance (Shares) at Jan. 18, 2021     0 6,900,000    
Beginning Balance at Jan. 07, 2021 0   $ 0 $ 0 0 0
Beginning Balance (Shares) at Jan. 07, 2021     0 0    
Issuance of Class B ordinary shares to Sponsor 25,000     $ 690 24,310  
Issuance of Class B ordinary shares to Sponsor (Shares)       6,900,000    
Sale of units in initial public offering, less fair value of warrant liabilities for public warrants 270,380,000   $ 2,750   270,377,250  
Sale of units in initial public offering, less fair value of warrant liabilities for public warrants (Shares)     27,500,000      
Offering costs (15,504,954)       (15,504,954)  
Excess cash received over the fair value of the private warrants 3,466,667       3,466,667  
Class A ordinary shares subject to possible redemption (254,364,800)   $ (2,544)   (254,362,256)  
Class A ordinary shares subject to possible redemption (Shares)     (25,436,480)      
Net income (loss) 998,092         998,092
Ending Balance at Mar. 31, 2021 5,000,005   $ 206 $ 690 4,001,017 998,092
Ending Balance (Shares) at Mar. 31, 2021     2,063,520 6,900,000    
Beginning Balance at Jan. 07, 2021 0   $ 0 $ 0 0 0
Beginning Balance (Shares) at Jan. 07, 2021     0 0    
Net income (loss) (4,306,111) $ (4,306,111)        
Ending Balance at Jun. 30, 2021 5,000,002   $ 259 $ 688 9,305,166 (4,306,111)
Ending Balance (Shares) at Jun. 30, 2021     2,593,940 6,875,000    
Beginning Balance at Mar. 31, 2021 5,000,005   $ 206 $ 690 4,001,017 998,092
Beginning Balance (Shares) at Mar. 31, 2021     2,063,520 6,900,000    
Class A ordinary shares subject to possible redemption 5,304,200   $ 53   5,304,147  
Class A ordinary shares subject to possible redemption (Shares)     530,420      
Class B ordinary shares forfeited       $ (2) 2  
Class B ordinary shares forfeited (Shares)       (25,000)    
Net income (loss) (5,304,203) $ (5,304,203)       (5,304,203)
Ending Balance at Jun. 30, 2021 $ 5,000,002   $ 259 $ 688 $ 9,305,166 $ (4,306,111)
Ending Balance (Shares) at Jun. 30, 2021     2,593,940 6,875,000    
[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.