XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 125,377 $ 6,563
Prepaid expenses 563,601 663,130
Total Current Assets 688,978 669,693
Investments held in Trust Account 690,350,022 690,148,899
TOTAL ASSETS 691,039,000 690,818,592
Current liabilities    
Accounts payable and accrued expenses 2,072,884 2,235,219
Income taxes payable 63,771 0
Convertible note, net - related party 2,219,545 1,934,656
Total Current Liabilities 4,356,200 4,169,875
Derivative liabilities 15,812,179 20,060,000
Deferred underwriting fee payable 22,225,000 22,225,000
Total Liabilities 42,393,379 46,454,875
Commitments and Contingencies
Class A common stock subject to possible redemption 69,000,000 shares at $10.00 per share at March 31, 2022 and December 31, 2021 690,000,000 690,000,000
Stockholders' Deficit    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 0 0
Accumulated deficit (41,356,104) (45,638,008)
Total Stockholders' Deficit (41,354,379) (45,636,283)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 691,039,000 690,818,592
Class A Common Stock    
Stockholders' Deficit    
Common stock 0 0
Class B Common Stock    
Stockholders' Deficit    
Common stock $ 1,725 $ 1,725