Registration of securities issued in business combination transactions


1 Months Ended 9 Months Ended
Dec. 31, 2020
USD ($)
Sep. 30, 2021
USD ($)
Cash flows from operating activities    
Net income (loss) $ (5,000) $ 755,552
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Payment of formation and operating costs through issuance of Class B ordinary shares 5,000  
Interest income on investments held in the Trust Account   (11,697)
Transaction costs allocated to the Warrants   755,071
Change in fair value of warrant liability   (3,190,546)
Changes in operating assets and liabilities    
Prepaid expenses   (744,813)
Accrued expenses   259,896
Net cash used in operating activities 0 (2,176,537)
Cash flows from investing activities    
Investment of cash in the Trust Account   (345,000,000)
Net cash used in investing activities   (345,000,000)
Cash flows from financing activities    
Proceeds from sale of the Units, net of underwriting discounts paid   338,100,000
Proceeds from sale of the Private Placement Warrants   9,900,000
Repayment of the Promissory Note — related party   (94,890)
Payment of offering costs   (397,461)
Net cash provided by financing activities   347,507,649
Net change in cash   331,112
Cash — beginning of period 0 0
Cash — end of period 0 331,112
Non-cash investing and financing activities    
Offering costs included in accrued offering costs 50,000 3,607
Offering costs paid through the Promissory Note 5,000 89,890
Deferred underwriting fee payable 0 $ 12,075,000
Deferred offering costs paid by Sponsor in exchange for the issuance of Class B ordinary shares $ 20,000