SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of Class A common stock subject to possible redemption

Gross proceeds	$	690,000,000
Less:
Proceeds allocated to Public Warrants		(19,182,000)
Class A common stock issuance costs		(34,565,259)
Plus:
Accretion of carrying value to redemption value		53,747,259
Value of Class A common stock subject to possible redemption at December 31, 2021		690,000,000
Plus:
Accretion of carrying value to redemption value		2,908,596
Value of Class A common stock subject to possible redemption at September 30, 2022	$	692,908,596

Schedule of basic and diluted net income (loss) per share of common stock

	Three Months Ended
	September 30,
	2022				2021
	Class A		Class B		Class A		Class B
Basic and diluted net income per common stock
Numerator:
Allocation of net income, as adjusted	$	2,248,818	$	562,205	$	4,505,719	$	1,126,430
Denominator:
Basic and diluted weighted average stock outstanding		69,000,000		17,250,000		69,000,000		17,250,000
Basic and diluted net income per common stock	$	0.03	$	0.03	$	0.07	$	0.07

	Nine Months Ended
	September 30,
	2022				2021
	Class A		Class B		Class A		Class B
Basic and diluted net income (loss) per common stock
Numerator:
Allocation of net income (loss), as adjusted	$	12,361,046	$	3,090,262	$	(1,784,018)	$	(610,477)
Denominator:
Basic and diluted weighted average stock outstanding		69,000,000		17,250,000		48,452,602		16,579,963
Basic and diluted net income (loss) per common stock	$	0.18	$	0.18	$	(0.04)	$	(0.04)