Registration of securities issued in business combination transactions

CONDENSED BALANCE SHEETS

v3.22.2.2
CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 03, 2020
Current assets:              
Cash $ 11,309   $ 399,935     $ 6,410  
Prepaid expenses 232,193   326,283     17,000  
Total current assets 243,502   726,218     23,410  
Deferred offering costs           439,752  
Investments held in Trust Account 414,645,708   414,023,891        
Total Assets 414,889,210   414,750,109     463,162  
Current liabilities:              
Accounts payable 283,487   176,063     116,374  
Accounts payable - related party 255,000   165,000        
Accrued expenses 1,502,616   988,825     194,520  
Note payable - related party           139,949  
Total current liabilities 2,041,103   1,329,888     450,843  
Derivative warrant liabilities 5,266,600   17,348,800        
Deferred underwriting commissions 14,490,000   14,490,000        
Total liabilities 21,797,703   33,168,688     450,843  
Commitments and Contingencies        
Class A ordinary shares subject to possible redemption, $0.0001 par value; 41,400,000 shares at $10.01 and $10.00 per share as of June 30, 2022 and December 31, 2021, respectively 414,545,708   414,000,000        
Shareholders' Deficit:              
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding        
Additional paid-in capital       23,965  
Accumulated deficit (21,455,236)   (32,419,614)     (12,681)  
Total shareholders' deficit (21,454,201) $ (23,195,799) (32,418,579) $ (40,879,186) $ (38,201,005) 12,319 $ 0
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 414,889,210   414,750,109     463,162  
Class B Common Stock              
Shareholders' Deficit:              
Ordinary shares $ 1,035   $ 1,035 [1]     $ 1,035 [1]  
[1] The December 31, 2020, amount included up to 1,350,000 Class B ordinary shares subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. On February 9, 2021, the full amount of the over-allotment was exercised resulting in no forfeiture of shares.