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CONDENSED STATEMENT OF CASH FLOWS
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (11,644,456)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (51)
Initial classification of FPA liability 9,902,957
Transaction costs allocated to warrant liabilities 1,001,129
Changes in operating assets and liabilities:  
Prepaid expenses (614,569)
Accounts payable and accrued expenses 30,450
Net cash used in operating activities (645,317)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (690,000,000)
Net cash used in investing activities (690,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 677,300,000
Proceeds from sale of Private Placements Warrants 14,700,000
Proceeds from promissory note - related party 300,000
Repayment of promissory note - related party (300,000)
Payment of offering costs (608,938)
Net cash provided by financing activities 691,391,062
Net Change in Cash 745,745
Cash - Beginning of period 24,981
Cash - End of period 770,726
Non-Cash Investing and Financing Activities:  
Offering costs included in accrued offering costs 32,450
Initial classification of Class A common stock subject to possible redemption 690,000,000
Change in value of Class A common stock subject to possible redemption (5,450)
Deferred underwriting fee payable 22,225,000
Warrants [Member]  
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of derivative liabilities 530,000
FPA [Member]  
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of derivative liabilities $ 149,223