SVF Investment (SVFA) 10-Q9 Nov 212021 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2021	Nov. 09, 2021
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Registrant Name	SVF INVESTMENT CORP.
Entity File Number	001-39862
Entity Tax Identification Number	98-1561624
Entity Central Index Key	0001828478
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Entity Interactive Data Current	Yes
City Area Code	650
Local Phone Number	562-8100
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Address, Address Line One	1 Circle Star Way
Entity Shell Company	true
Entity Address, State or Province	CA
Entity Address, City or Town	San Carlos
Entity Address, Postal Zip Code	94070
Entity Incorporation, State or Country Code	E9
Common Class A [Member]
Document Information [Line Items]
Trading Symbol	SVFA
Title of 12(b) Security	Class A Ordinary Shares included as part of the units
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		60,375,000
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		15,093,750
Capital Units [Member]
Document Information [Line Items]
Trading Symbol	SVFAU
Title of 12(b) Security	Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fifth of one redeemable warrant
Security Exchange Name	NASDAQ
Warrant [Member]
Document Information [Line Items]
Trading Symbol	SVFAW
Title of 12(b) Security	Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50
Security Exchange Name	NASDAQ

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 1,328,104	$ 0
Due from related party	5,452
Prepaid expenses	1,486,355	12,945
Total current assets	2,819,911	12,945
Investments held in Trust Account	603,776,317
Deferred offering costs associated with the initial public offering		605,335
Total Assets	606,596,228	618,280
Current liabilities:
Accounts payable	203,058	353,332
Accrued expenses	419,382	197,236
Due to related party	479,334
Working capital loan—related party	2,268,810
Note payable—related party		172,732
Total current liabilities	3,370,584	723,300
Deferred underwriting commissions	21,131,250
Derivative liabilities	31,374,920
Total liabilities	55,876,754	723,300
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 60,375,000 and -0- shares at $10.00 per share as of September 30, 2021 and December 31, 2020, respectively	603,750,000
Shareholders' Deficit:
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	0
Additional paid-in capital		23,491
Accumulated deficit	(53,032,035)	(130,020)
Total shareholders' deficit	(53,030,526)	(105,020)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit	606,596,228	618,280
Common Class B [Member]
Shareholders' Deficit:
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 15,093,750 shares issued and outstanding as of September 30, 2021 and December 31, 2020	$ 1,509	$ 1,509

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Preferred stock par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Class A [Member]
Temporary equity, shares subject to possible redemption, par value	$ 0.0001	$ 0.0001
Temporary Equity, Shares Issued	60,375,000	0
Temporary Equity, Shares Outstanding	60,375,000	0
Temporary equity, redemption price per share	$ 10	$ 10
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	200,000,000	200,000,000
Common Class B [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	15,093,750	15,093,750
Common stock, shares outstanding	15,093,750	15,093,750

Condensed Statements of Operati

Condensed Statements of Operations - USD ($)	3 Months Ended	9 Months Ended
Condensed Statements of Operations - USD ($)	Sep. 30, 2021	Sep. 30, 2021
General and administrative expenses	$ 415,942	$ 1,980,061
General and administrative expenses—related party	30,000	28,136,170
Loss from operations	(445,942)	(30,116,231)
Other income (expense)
Offering costs associated with derivative warrant liabilities		(2,567,170)
Loss on the forward purchase agreement		(97,422,680)
Loss on working capital loan	0	(2,256,980)
Change in fair value of derivative liabilities	14,314,780	153,097,930
Change in fair value of working capital loan	974,170	1,988,170
Income from investments held in Trust Account	9,277	26,317
Net income	14,852,285	22,749,356
Common Class A [Member]
Other income (expense)
Net income	$ 11,881,828	$ 18,067,561
Basic and diluted weighted average shares outstanding	60,375,000	57,942,308
Basic and diluted net income per ordinary share	$ 0.20	$ 0.31
Common Class B [Member]
Other income (expense)
Net income	$ 2,970,457	$ 4,681,795
Basic and diluted weighted average shares outstanding	15,093,750	15,014,423
Basic and diluted net income per ordinary share	$ 0.20	$ 0.31

Condensed Statements of Changes

Condensed Statements of Changes in Shareholders' Deficit - USD ($)	Total	Common Class A [Member]	Common Class B [Member]	Ordinary Shares [Member]Common Class A [Member]	Ordinary Shares [Member]Common Class B [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2020	$ (105,020)			$ 0	$ 1,509	$ 23,491	$ (130,020)
Beginning balance (Shares) at Dec. 31, 2020				0	15,093,750
Accretion of Class A ordinary shares subject to redemption amount	(75,674,862)			$ 0	$ 0	(23,491)	75,651,371
Accretion of Class A ordinary shares subject to redemption amount (shares)				0	0
Net (loss) income	(12,590,722)						(12,590,722)
Ending balance at Mar. 31, 2021	(88,370,604)			$ 0	$ 1,509	0	(88,372,113)
Ending balance (Shares) at Mar. 31, 2021				0	15,093,750
Beginning balance at Dec. 31, 2020	(105,020)			$ 0	$ 1,509	23,491	(130,020)
Beginning balance (Shares) at Dec. 31, 2020				0	15,093,750
Accretion of Class A ordinary shares subject to redemption amount	(75,674,862)
Net (loss) income	22,749,356	$ 18,067,561	$ 4,681,795
Ending balance at Sep. 30, 2021	(53,030,526)			$ 0	$ 1,509	0	(53,032,035)
Ending balance (Shares) at Sep. 30, 2021				0	15,093,750
Beginning balance at Mar. 31, 2021	(88,370,604)			$ 0	$ 1,509	0	(88,372,113)
Beginning balance (Shares) at Mar. 31, 2021				0	15,093,750
Net (loss) income	20,487,793						20,487,793
Ending balance at Jun. 30, 2021	(67,882,811)			$ 0	$ 1,509	0	(67,884,320)
Ending balance (Shares) at Jun. 30, 2021				0	15,093,750
Net (loss) income	14,852,285	$ 11,881,828	$ 2,970,457				14,852,285
Ending balance at Sep. 30, 2021	$ (53,030,526)			$ 0	$ 1,509	$ 0	$ (53,032,035)
Ending balance (Shares) at Sep. 30, 2021				0	15,093,750

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows	9 Months Ended
Condensed Statement of Cash Flows	Sep. 30, 2021USD ($)
Cash Flows from Operating Activities:
Net income	$ 22,749,356
Adjustments to reconcile net income to net cash used in operating activities:
General and administrative expenses paid by related party under promissory note	60,201
Non-cash compensation to Sponsor	28,056,170
Offering costs associated with derivative warrant liabilities	2,567,170
Loss on the forward purchase agreement	97,422,680
Loss on working capital loan	2,256,980
Change in fair value of derivative liabilities	(153,097,930)
Change in fair value of working capital loan	(1,988,170)
Income from investments held in Trust Account	(26,317)
Changes in operating assets and liabilities:
Due from related party	(5,452)
Prepaid expenses	(1,473,410)
Accounts payable	(167,579)
Accrued expenses	298,318
Due to related party	479,334
Net cash used in operating activities	(2,868,649)
Cash Flows from Investing Activities:
Cash deposited in Trust Account	(603,750,000)
Net cash used in investing activities	(603,750,000)
Cash Flows from Financing Activities:
Proceeds received from working capital loan to related party	2,000,000
Repayment of note payable to related party	(295,732)
Proceeds received from initial public offering, gross	603,750,000
Proceeds received from private placement	14,075,000
Offering costs paid	(11,582,515)
Net cash provided by financing activities	607,946,753
Net increase in cash	1,328,104
Cash—beginning of the period	0
Cash—end of the period	1,328,104
Supplemental disclosure of noncash investing and financing activities:
Offering costs included in accounts payable	17,305
Offering costs included in accrued expenses	75,000
Offering costs paid by related party under promissory note	62,800
Reversal of accrued expenses	(151,172)
Deferred underwriting commissions	$ 21,131,250

Description of Organization and

Description of Organization and Business Operations	9 Months Ended
Description of Organization and Business Operations	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Organization and Business Operations	Note 1 — Description of Organization and Business Operations SVF Investment Corp., formerly known as Gazelle Opportunities I (Cayman), (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on October 5, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses that the Company has not yet identified (“Business Combination”). As of September 30, 2021, the Company had not yet commenced operations. All activity for the period from October 5, 2020 (inception) through September 30, 2021 relates to the Company’s formation and the initial public offering (the “Initial Public Offering”), described below, and, subsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating The Company’s sponsor is SVF Sponsor LLC, a Delaware limited liability company (the “Sponsor”). The registration statement for the Company’s Initial Public Offering was declared effective on January 7, 2021. On January 12, 2021, the Company consummated its Initial Public Offering of 60,375,000 units (the “Units” and, with respect to the Class A ordinary shares included in the Units being offered, the “Public Shares”), including 7,875,000 additional Units to cover over-allotments (the “Over-Allotment Units”), at $10.00 per Unit, generating gross proceeds of approximately $603.8 million, and incurring offering costs of approximately $33.9 million, of which approximately $21.1 million was deferred underwriting commissions (Note 6). On April 22, 2021, the underwriters made a payment to the Company in an amount of $600,000 to reimburse certain of the expenses in connection with its Initial Public Offering. Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 9,383,333 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”), at a price of $1.50 per Private Placement Warrant with the Sponsor, generating gross proceeds of approximately $14.1 million (Note 4). Upon the closing of the Initial Public Offering and the Private Placement, approximately $603.8 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement were placed in a trust account (“Trust Account”) with Continental Stock Transfer & Trust Company acting as trustee and invested in United States “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 The Company’s management has broad discretion with respect to the specific application of the net proceeds of its Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The Company’s initial Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the Trust Account (excluding the deferred underwriting commissions and taxes payable on the interest earned on the Trust Account) at the time the Company signs a definitive agreement in connection with the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. The Company will provide its holders of the Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). The per-share completion of the Initial Public Offering, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity,” (ASC 480”). In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 upon such consummation of a Business Combination and a majority of the shares voted are voted in favor of the Business Combination. If a shareholder vote is not required by law and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to the amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”), conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (the “SEC”), and file tender offer documents with the SEC prior to completing a Business Combination. If, however, a shareholder approval of the transactions is required by law, or the Company decides to obtain shareholder approval for business or legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. Additionally, each Public Shareholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction. If the Company seeks shareholder approval in connection with a Business Combination, the holders of the Founder Shares prior to this Initial Public Offering (the “Initial Shareholders”) agreed to vote their Founder Shares (as defined in Note 5) and any Public Shares purchased during or after the Initial Public Offering in favor of a Business Combination. In addition, the Initial Shareholders agreed to waive their redemption rights with respect to their Founder Shares and Public Shares in connection with the completion of a Business Combination. In addition, the Company agreed not to enter into a definitive agreement regarding an initial Business Combination without the prior consent of the Sponsor. Notwithstanding the foregoing, the Company’s Amended and Restated Memorandum and Articles of Association will provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Class A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company. The Company’s Sponsor, executive officers, directors and director nominees agreed not to propose an amendment to the Company’s Amended and Restated Memorandum and Articles of Association that would affect the substance or timing of the Company’s obligation to provide for the redemption of its Public Shares in connection with a Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination, unless the Company provides the Public Shareholders with the opportunity to redeem their Class A ordinary shares in conjunction with any such amendment. If the Company is unable to complete a Business Combination within 24 months from the closing of the Initial Public Offering, or January 12, 2023, (the “Combination Period”), the Company will (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public Shares, at a per-share In connection with the redemption of 100% of the Company’s outstanding Public Shares for a portion of the funds held in the Trust Account, each holder will receive a full pro rata portion of the amount then in the Trust Account, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company’s taxes payable (less up to $100,000 of interest to pay dissolution expenses). The Initial Shareholders agreed to waive their liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Initial Shareholders should acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete a Business Combination within the Combination Period. The underwriters agreed to waive their rights to their deferred underwriting commission (see Note 6) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Company’s Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per Public Share and (ii) the actual amount per Public Share held in the trust account as of the date of the liquidation of the Trust Account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have vendors, service providers (except the Company’s independent registered public accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Liquidity and capital resources As of September 30, 2021, the Company had approximately $1.3 million in its operating bank account, and working capital deficit of approximately $551,000. The Company’s liquidity needs to date have been satisfied through a contribution of $25,000 from Sponsor to cover certain expenses in exchange for the issuance of the Founder Shares, a loan of up to approximately $300,000 from the Sponsor pursuant to the Note (as defined in Note 5), of which approximately $173,000 was outstanding as of December 31, 2020 and approximately $296,000 in total prior to the Initial Public Offering, and subsequent to the Initial Public Offering, the proceeds of $2.0 million from the consummation of the Private Placement not held in the Trust Account. The Company repaid the Note in full on January 13, 2021. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor provided the Company a Working Capital Loan (see Note 5). As of September 30, 2021, $2.0 million was drawn under the Working Capital Loan. In August, 2021, the Company entered a Loan Agreement (the “Agreement”) with the Sponsor, pursuant to which the Company may borrow up to $1,000,000 from the Sponsor for ongoing expenses reasonably related to the business of the Company and the consummation of the Business Combination. There will be no interest accrued under the Agreement. All unpaid principal under the Agreement will be due and payable in full on the effective date of the Business Combination. Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity from the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors to meet its needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, the Company will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination. Risks and uncertainties Management continues to evaluate the impact of the COVID-19

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Note 2 — Basis of Presentation and Summary of Significant Accounting Policies Basis of presentation The accompanying unaudited condensed financial statements are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for financial information and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include normal recurring adjustments, necessary for the fair statement of the balances and results for the periods presented. Operating results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results that may be expected through December 31, 2021 or any future period. The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Annual Report on Form 10-K Revision to Previously Reported Financial Statements As a result of recent guidance to Special Purpose Acquisition Companies by the SEC regarding redeemable equity instruments and earnings per share disclosure requirements, the Company revisited its application of ASC 480-10-S99 in relation to valuation of Class A Ordinary Shares Subject to Possible Redemption and adopted the disclosure requirements of FASB ASC Topic 260, “Earnings Per Share” as discussed in Note 2. In accordance with SEC Staff Accounting Bulletin No. 99, “Materiality,” and SEC Staff Accounting Bulletin No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements”; the Company evaluated the errors and has determined that the related impacts were not material to the previously issued financial statements included as an exhibit to the Company’s Form 8-K filed with the SEC on January 20, 2021, and Form 10-Qs, but that correcting the cumulative impact of such errors would be significant to the Company’s unaudited condensed statements of operations for the three and nine months ended September 30, 2021 and the unaudited condensed statements of changes in shareholders’ deficit for the three and nine months ended September 30, 2021. Further, Note 2 - Net Income (Loss) per Ordinary Shares and Note 8 - Class A Ordinary Shares Subject to Possible Redemption have been updated to reflect the revision. The Company will also correct previously reported financial information for such immaterial errors in future filings, as applicable. The change in the carrying value of the redeemable Class A ordinary shares at the Initial Public Offering date resulted in a decrease of approximately $133.1 million in additional paid-in capital and an increase of approximately $76.3 million to accumulated deficit, as well as a reclassification of 20,939,939 shares of Class A ordinary shares from permanent equity to temporary equity. Emerging growth company As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging This may make comparison of the Company’s unaudited condensed financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Use of Estimates The preparation of unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal Depository Insurance Corporation coverage limit of $250,000 and investments held in the Trust Account. As of September 30, 2021 and December 31, 2020, the Company had not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had no cash equivalents as of September 30, 2021 and December 31, 2020. Investments Held in Trust Account The Company’s portfolio of investments is comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of U.S. government securities, the investments are classified as trading securities. When the Company’s investments held in the Trust Account are comprised of money market funds, the investments are recognized at fair value. Trading securities and investments in money market funds are presented on the balance sheets at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in income from investments held in Trust Account in the accompanying unaudited condensed statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under the FASB ASC Topic 820, “Fair Value Measurements,” approximates the carrying amounts represented in the condensed balance sheets. Fair Value Measurements Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers consist of: • Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement. Working Capital Loan – Related Party The Company has elected the fair value option to account for its working capital loan – related party with its Sponsor as defined and more fully described in Note 5. As a result of applying the fair value option, the Company records each draw at fair value with a gain or loss recognized at issuance, and subsequent changes in fair value are recorded as change in the fair value of working capital loan – related party on the condensed statement of operations. The fair value is based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s and, if applicable, an independent third-party valuation firm’s own assumption about the assumptions a market participant would use in pricing the asset or liability. Derivative Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. re-assessed The 12,075,000 warrants issued in connection with the Initial Public Offering (the “Public Warrants”), the 9,383,333 Private Placement Warrants, the 5,000,000 committed forward purchase warrants and the 1,000,000 additional forward purchase warrants are recognized as derivative liabilities in accordance with ASC 815-40. the difference between the fair value and the book value recognized as a loss. The Company adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s unaudited condensed statements of operations. The fair value of the Public Warrants issued in connection with the Public Offering, Private Placement Warrants and forward purchase agreement were initially measured at fair value using a Monte Carlo simulation model and subsequently, the fair value of the Private Placement Warrants and forward purchase warrants have been estimated using a Monte Carlo simulation model at each measurement date. The fair value of Public Warrants issued in connection with the Initial Public Offering have subsequently been measured based on the listed market price of such warrants. Offering Costs Associated with the Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs incurred through the Initial Public Offering that were directly related to the Initial Public Offering. Offering costs are allocated to the separable financial instruments issued in the Initial Public Offering based on a relative fair value basis, compared to total proceeds received. Offering costs associated with derivative liabilities are expensed as incurred, presented as non-operating non-current Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC 480. Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of September 30, 2021, 60,375,000 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s unaudited condensed balance sheet. Effective with the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption amount value. The change in the carrying value of redeemable shares of Class A ordinary shares resulted in charges against additional paid-in Income Taxes The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes” (“ASC 740”) which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman federal income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statement. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. Net Income (Loss) per Ordinary Shares The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income and losses are shared pro rata between the two classes of shares. Net income (loss) per ordinary share is calculated by dividing the net income (loss) by the weighted-average number of ordinary shares outstanding for the respective period. The calculation of diluted net income (loss) per ordinary share does not consider the effect of the warrants issued in connection with the Initial Public Offering and the Private Placement to purchase an aggregate of 21,458,333 ordinary shares since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the three and nine months ended September 30, 2021. Accretion associated with the redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net loss per share for each class of ordinary shares: For the Three Months Ended For the Nine Months Ended Class A Class B Class A Class B Basic and diluted net income per ordinary share: Numerator: Allocation of net income $ 11,881,828 $ 2,970,457 $ 18,067,561 $ 4,681,795 Denominator: Basic and diluted weighted average ordinary share outstanding 60,375,000 15,093,750 57,942,308 15,014,423 Basic and diluted net income per ordinary share $ 0.20 $ 0.20 $ 0.31 $ 0.31 Non-cash The Company records non-cash Recent Accounting Pronouncements In August 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-06, “Debt—Debt 470-20) 815-40): 2020-06”), simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.

Initial Public Offering

Initial Public Offering	9 Months Ended
Initial Public Offering	Sep. 30, 2021
Equity [Abstract]
Initial Public Offering	Note 3 — Initial Public Offering On January 12, 2021, the Company consummated its Initial Public Offering of 60,375,000 Units, including 7,875,000 Over-Allotment Units, at $10.00 per Unit, generating gross proceeds of approximately $603.8 million, and incurring offering costs of approximately $33.9 million, of which approximately $21.1 million was deferred underwriting commissions. On April 22, 2021, the underwriters made a payment to the Company in an amount of $600,000 to reimburse certain of the expenses in connection with its Initial Public Offering. Of the 60,375,000 Units sold, an aggregate of 2,527,000 Units were purchased by certain of the Company’s directors and officers. Each Unit consists of one Class A ordinary share and one-fifth per share, subject to adjustment (see Note 8).

Private Placement

Private Placement	9 Months Ended
Private Placement	Sep. 30, 2021
Private Placement [Abstract]
Private Placement	Note 4 — Private Placement Simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of 9,383,333 Private Placement Warrants, at a price of $1.50 per Private Placement Warrant with the Sponsor, generating gross proceeds of approximately $14.1 million. Each whole Private Placement Warrant is exercisable for one whole share of Class A ordinary shares at a price of $11.50 per share. A portion of the proceeds from the sale of the Private Placement Warrants to the Sponsor was added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 5 — Related Party Transactions Founder Shares On October 10, 2020, the Company issued 11,500,000 Class B ordinary shares to the Sponsor (the “Founder Shares”) in exchange for the payment of $25,000 from the Sponsor to cover for certain expenses on behalf of the Company. On November 13, 2020, the Company effected a share dividend with respect to Class B ordinary shares, resulting in an aggregate of 15,093,750 Class B ordinary shares outstanding. All shares and associated amounts have been retroactively restated to reflect the share dividend as of October 5, 2020 (inception). Subsequent to October 10, 2020, the Sponsor transferred an aggregate of 150,000 Founder Shares to the Company’s independent directors. The holders of the Founder Shares agreed to forfeit up to an aggregate of 1,968,750 Founder Shares, on a pro rata basis, to the extent that the option to purchase additional units was not exercised in full by the underwriters, so that the Founder Shares would represent 20% of the Company’s issued and outstanding shares after the Initial Public Offering (excluding the number of Class A ordinary shares to be sold pursuant to the Forward Purchase Agreement). On January 12, 2021, the underwriters fully exercised the over-allotment option; thus, these 1,968,750 Founder Shares are no longer subject to forfeiture. The Initial Shareholders agreed not to transfer, assign or sell any of their Founder Shares and the Forward Purchase Investor agreed not to transfer, assign or sell any of its Forward purchase units until the earlier to occur of (A) one year after the completion of the initial Business Combination and (B) subsequent to the initial Business Combination, (x) if the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading Sale of Units to Related Party Certain of the Company’s directors and officers have purchased up to 3,000,000 units in the aggregate offered in the Initial Public Offering. These individuals were granted resale registration rights in connection with such purchases. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Related Party Loans On October 7, 2020, the Sponsor agreed to loan the Company up to $300,000 pursuant to a promissory note (the “Note”), which was later amended on December 21, 2020. The Note was non-interest In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor, members of the Company’s founding team or any of their affiliates may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lenders’ discretion, up to $2.0 million of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants. As of September 30, 2021, $2.0 million was drawn on the working capital loan – related party, presented at its fair value of approximately $2.3 million on the accompanying unaudited condensed balance sheets. As of December 31, 2020, the Company had no borrowings under the Working Capital Loans. In August 2021, the Company entered a Loan Agreement (the “Agreement”) with the Sponsor, pursuant to which the Company may borrow up to $1,000,000 from the Sponsor for ongoing expenses reasonably related to the business of the Company and the consummation of the Business Combination. There will be no interest accrued under the Agreement. All unpaid principal under the Agreement will be due and payable in full on the effective date of the Business Combination. Due from Related Party Due from related party consist of amounts due from the Sponsor or an affiliate of the Sponsor. As of September 30, 2021 and December 31, 2020, the Company recorded approximately $5,000 and $0 on the condensed balance sheets, respectively. Administrative Services Agreement Commencing on the date that the Company’s securities were first listed on the NASDAQ through the earlier of consummation of the initial Business Combination and the liquidation, the Company agreed to pay the Sponsor $10,000 per month for office space, secretarial and administrative services provided to the Company by an affiliate of the Sponsor. The Company incurred $30,000 and $80,000 in such fees included as general and administrative expenses to related party on the accompanying unaudited condensed statements of operations for the three and nine months ended September 30, 2021, respectively. As of September 30, 2021, $80,000 is due to the Sponsor and is included in due to related party on the accompanying condensed balance sheets. There was no balance due to related party at December 31, 2020. In addition, the Sponsor, officers and directors, or their respective affiliates will be reimbursed for any out-of-pocket As of September 30, 2021, $399,000 is due to the Sponsor’s affiliates and is included in due to related party on the accompanying condensed balance sheets. There was no balance due to related party as of December 31, 2020.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 6 — Commitments and Contingencies Registration and Shareholder Rights The holders of the Founder Shares, Private Placement Warrants, and warrants that may be issued upon conversion of Working Capital Loans (and any Class A ordinary shares issuable upon the exercise of the Private Placement Warrants and warrants that may be issued upon conversion of Working Capital Loans) were entitled to registration rights pursuant to a registration and shareholder rights agreement. The holders of these securities were entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Company granted the underwriters a 45-day The underwriters were entitled to an underwriting discount of $0.20 per unit, or approximately $12.1 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $21.1 million in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. On April 22, 2021, the underwriters made a payment to the Company in an amount of $600,000 to reimburse certain of the expenses in connection with its Initial Public Offering. Forward Purchase Agreement On January 7, 2021, the Company entered into a forward purchase agreement (a “Forward Purchase Agreement”) with certain investors (the “Forward Purchase Investor”), which provides for the purchase of $250,000,000 of forward purchase units (the “Forward Purchase Units”), with each unit consisting of one Class A ordinary share (a “Forward Purchase Share”) and one-fifth one-fifth

Derivative Liabilities

Derivative Liabilities	9 Months Ended
Derivative Liabilities	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liabilities	Note 7 — Derivative Liabilities As of September 30, 2021, the Company had 12,075,000 Public Warrants and 9,383,333 Private Warrants outstanding. There were no warrants outstanding as of December 31, 2020. Public Warrants may only be exercised for a whole number of shares. No fractional Public Warrants will be issued upon separation of the Units and only whole Public Warrants will trade. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the Initial Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the Public Warrants and a current prospectus relating to them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder (or the Company permit holders to exercise their warrants on a cashless basis under certain circumstances). The Company agreed that as soon as practicable, but in no event later than 20 business days after the closing of the initial Business Combination, the Company will use commercially reasonable efforts to file with the SEC and have an effective registration statement covering the Class A ordinary shares issuable upon exercise of the warrants and to maintain a current prospectus relating to those Class A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the 60th day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, it will use commercially reasonable efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. The warrants have an exercise price of $11.50 per share, subject to adjustments, and will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination (excluding any forward purchase securities) at an issue price or effective issue price of less than $9.20 per ordinary share (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, the $18.00 per share redemption trigger price described under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00” and “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price. The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A ordinary shares issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00: Once the warrants become exercisable, the Company may redeem the outstanding warrants (except as described herein with respect to the Private Placement Warrants and the Forward Purchase Warrants): • in whole and not in part; • at a price of $0.01 per warrant; • upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and • if, and only if, the last reported sale price (the “closing price”) of Class A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading The Company will not redeem the warrants as described above unless a registration statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the warrants is then effective and a current prospectus relating to those Class A ordinary shares is available throughout the 30-day Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00: Once the warrants become exercisable, the Company may redeem the outstanding warrants (except as described herein with respect to the Private Placement Warrants and the Forward Purchase Warrants): • in whole and not in part; • at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of Class A ordinary shares to be determined by reference to an agreed table based on the redemption date and the “fair market value” of Class A ordinary shares; and • if, and only if, the closing price of Class A ordinary shares equals or exceeds $10.00 per Public Share (as adjusted) for any 20 trading days within the 30-trading • if the closing price of the Class A ordinary shares for any 20 trading days within a 30-trading The “fair market value” of Class A ordinary shares for the above purpose shall mean the volume weighted average price of Class A ordinary shares during the 10 trading days immediately following the date on which the notice of redemption is sent to the holders of warrants. In no event will the warrants be exercisable in connection with this redemption feature for more than 0.361 Class A ordinary shares per warrant (subject to adjustment). In no event will the Company be required to net cash settle any warrant. If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.

Class A Ordinary Share Subject

Class A Ordinary Share Subject to Possible Redemption	9 Months Ended
Class A Ordinary Share Subject to Possible Redemption	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Class A Ordinary Share Subject to Possible Redemption	Note 8 — Class A Ordinary Shares Subject to Possible Redemption The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. The Company is authorized to issue 200,000,000 Class A ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of September 30, 2021, there were 60,375,000 As of September 30, 2021, Class A ordinary shares reflected on the unaudited condensed balance sheet are reconciled in the following table: As of Gross proceeds $ 603,750,000 Less: Proceeds allocated to public warrants (44,919,000 ) Class A ordinary shares issuance costs (30,755,862 ) Plus: Accretion of carrying value to redemption value 75,674,862 Class A ordinary shares subject to possible redemption $ 603,750,000

Shareholders' Deficit

Shareholders' Deficit	9 Months Ended
Shareholders' Deficit	Sep. 30, 2021
Stockholders' Equity Note [Abstract]
Shareholders' Deficit	Note 9 — Shareholders’ Deficit Preference Shares Class A Ordinary Shares Class B Ordinary Shares Ordinary shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders. Holders of Class A ordinary shares and holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of our shareholders except as required by law. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the initial Business Combination or earlier at the option of the holders thereof at a ratio such that the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, on an as-converted one-to-one.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10 — Fair Value Measurements The following table presents information about the Company’s financial assets and liabilities that are measured at fair value. Fair Value Measured as of September 30, 2021 Level 1 Level 2 Level 3 Total Assets: Investments held in Trust Account $ 603,776,317 $ — $ — $ 603,776,317 Liabilities: Working capital loan—related party $ — $ — $ 2,268,810 $ 2,268,810 Derivative liabilities—public warrants $ 12,075,000 $ — $ — $ 12,075,000 Derivative liabilities—private warrants $ — $ — $ 11,729,170 $ 11,729,170 Derivative liabilities—forward purchase warrants $ — $ — $ 7,570,750 $ 7,570,750 Transfers to/from Levels 1, 2, and 3 are recognized at the beginning of the reporting period. The estimated fair value of the Public Warrants transferred from an initial Level 3 measurement to a Level 1 fair value measurement as the Public Warrants were separately listed and traded in January 2021. Level 1 assets include investments in money market funds that invest solely in U.S. Treasury securities. The Company uses inputs such as actual trade data, quoted market prices from dealers or brokers, and other similar sources to determine the fair value of its investments. Level 3 instruments are comprised of derivative liabilities measured at fair value using a Monte Carlo simulation model. The estimated fair value of the Private Placement Warrants, Working Capital Loan and forward purchase warrants is determined using Level 3 inputs. Inherent in a Monte Carlo simulation model are assumptions related to expected stock-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its common stock warrants based on implied volatility from the Company’s traded warrants and from historical volatility of select peer company’s common stock that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon The following table provides quantitative information regarding Level 3 fair value measurements inputs as their measurement dates: As of As of Option term (in years) 1.4 - 5 0.7 - 5 Volatility 20.00 % 5.00 % Risk-free interest rate 0.73 % 1.10 % Expected dividends 0.00 % 0.00 % The change in the fair value of the derivative liabilities measured utilizing Level 3 measurements for the period for the three and nine months ended September 30, 2021 is summarized as follows: Derivative liabilities beginning of the period $ — Issuance of derivative liabilities 184,472,850 Transfer of Public Warrants to a Level 1 measurement (44,919,000 ) Change in fair value of derivative liabilities—Level 3 measurement (1) (96,310,400 ) Derivative liabilities at March 31, 2021—Level 3 measurement 43,243,450 Change in fair value of derivative liabilities—Level 3 measurement (2) (16,149,250 ) Derivative liabilities at June 30, 2021—Level 3 measurement 27,094,200 Change in fair value of derivative liabilities—Level 3 measurement (3) (7,794,280 ) Derivative liabilities at September 30, 2021—Level 3 measurement $ 19,299,920 (1) includes a $76.5 million gain from the change in fair value from the forward purchase agreement (2) includes a $10.2 million gain from the change in fair value from the forward purchase agreement (3) includes a $3.1 million gain from the change in fair value from the forward purchase agreement The change in the fair value of the working capital loan – related party measured with Level 3 inputs for the period for the nine months ended September 30, 2021 is summarized as follows: Fair Value at January 1, 2021 $ — Initial fair value of working capital loan — 4,256,980 Change in fair value of working capital loan — (1,014,000 ) Fair value of working capital loan — 3,242,980 Change in fair value of working capital loan — (974,170 ) Fair value of working capital loan — $ 2,268,810

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 11 — Subsequent Events The Company evaluated subsequent events and transactions that occurred up to the date unaudited condensed financial statements were issued. Based upon this review, the Company determined that, there have been no events that have occurred that would require adjustments to the disclosures in the unaudited condensed financial statements.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation The accompanying unaudited condensed financial statements are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for financial information and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include normal recurring adjustments, necessary for the fair statement of the balances and results for the periods presented. Operating results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results that may be expected through December 31, 2021 or any future period. The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Annual Report on Form 10-K
Revision to Previously Reported Financial Statements	Revision to Previously Reported Financial Statements As a result of recent guidance to Special Purpose Acquisition Companies by the SEC regarding redeemable equity instruments and earnings per share disclosure requirements, the Company revisited its application of ASC 480-10-S99 in relation to valuation of Class A Ordinary Shares Subject to Possible Redemption and adopted the disclosure requirements of FASB ASC Topic 260, “Earnings Per Share” as discussed in Note 2. In accordance with SEC Staff Accounting Bulletin No. 99, “Materiality,” and SEC Staff Accounting Bulletin No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements”; the Company evaluated the errors and has determined that the related impacts were not material to the previously issued financial statements included as an exhibit to the Company’s Form 8-K filed with the SEC on January 20, 2021, and Form 10-Qs, but that correcting the cumulative impact of such errors would be significant to the Company’s unaudited condensed statements of operations for the three and nine months ended September 30, 2021 and the unaudited condensed statements of changes in shareholders’ deficit for the three and nine months ended September 30, 2021. Further, Note 2 - Net Income (Loss) per Ordinary Shares and Note 8 - Class A Ordinary Shares Subject to Possible Redemption have been updated to reflect the revision. The Company will also correct previously reported financial information for such immaterial errors in future filings, as applicable. The change in the carrying value of the redeemable Class A ordinary shares at the Initial Public Offering date resulted in a decrease of approximately $133.1 million in additional paid-in capital and an increase of approximately $76.3 million to accumulated deficit, as well as a reclassification of 20,939,939 shares of Class A ordinary shares from permanent equity to temporary equity.
Emerging Growth Company	Emerging growth company As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging This may make comparison of the Company’s unaudited condensed financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.
Use of Estimates	Use of Estimates The preparation of unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal Depository Insurance Corporation coverage limit of $250,000 and investments held in the Trust Account. As of September 30, 2021 and December 31, 2020, the Company had not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had no cash equivalents as of September 30, 2021 and December 31, 2020.
Investments Held in Trust Account	Investments Held in Trust Account The Company’s portfolio of investments is comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of U.S. government securities, the investments are classified as trading securities. When the Company’s investments held in the Trust Account are comprised of money market funds, the investments are recognized at fair value. Trading securities and investments in money market funds are presented on the balance sheets at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in income from investments held in Trust Account in the accompanying unaudited condensed statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under the FASB ASC Topic 820, “Fair Value Measurements,” approximates the carrying amounts represented in the condensed balance sheets.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers consist of: • Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.
Working Capital Loan – Related Party	Working Capital Loan – Related Party The Company has elected the fair value option to account for its working capital loan – related party with its Sponsor as defined and more fully described in Note 5. As a result of applying the fair value option, the Company records each draw at fair value with a gain or loss recognized at issuance, and subsequent changes in fair value are recorded as change in the fair value of working capital loan – related party on the condensed statement of operations. The fair value is based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s and, if applicable, an independent third-party valuation firm’s own assumption about the assumptions a market participant would use in pricing the asset or liability.
Derivative Liabilities	Derivative Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. re-assessed The 12,075,000 warrants issued in connection with the Initial Public Offering (the “Public Warrants”), the 9,383,333 Private Placement Warrants, the 5,000,000 committed forward purchase warrants and the 1,000,000 additional forward purchase warrants are recognized as derivative liabilities in accordance with ASC 815-40. the difference between the fair value and the book value recognized as a loss. The Company adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s unaudited condensed statements of operations. The fair value of the Public Warrants issued in connection with the Public Offering, Private Placement Warrants and forward purchase agreement were initially measured at fair value using a Monte Carlo simulation model and subsequently, the fair value of the Private Placement Warrants and forward purchase warrants have been estimated using a Monte Carlo simulation model at each measurement date. The fair value of Public Warrants issued in connection with the Initial Public Offering have subsequently been measured based on the listed market price of such warrants.
Offering Costs Associated with the Initial Public Offering	Offering Costs Associated with the Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs incurred through the Initial Public Offering that were directly related to the Initial Public Offering. Offering costs are allocated to the separable financial instruments issued in the Initial Public Offering based on a relative fair value basis, compared to total proceeds received. Offering costs associated with derivative liabilities are expensed as incurred, presented as non-operating non-current
Class A Ordinary Shares Subject to Possible Redemption	Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC 480. Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of September 30, 2021, 60,375,000 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s unaudited condensed balance sheet. Effective with the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption amount value. The change in the carrying value of redeemable shares of Class A ordinary shares resulted in charges against additional paid-in
Income Taxes	Income Taxes The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes” (“ASC 740”) which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman federal income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statement. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.
Net Income (Loss) per Ordinary Shares	Net Income (Loss) per Ordinary Shares The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income and losses are shared pro rata between the two classes of shares. Net income (loss) per ordinary share is calculated by dividing the net income (loss) by the weighted-average number of ordinary shares outstanding for the respective period. The calculation of diluted net income (loss) per ordinary share does not consider the effect of the warrants issued in connection with the Initial Public Offering and the Private Placement to purchase an aggregate of 21,458,333 ordinary shares since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the three and nine months ended September 30, 2021. Accretion associated with the redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net loss per share for each class of ordinary shares: For the Three Months Ended For the Nine Months Ended Class A Class B Class A Class B Basic and diluted net income per ordinary share: Numerator: Allocation of net income $ 11,881,828 $ 2,970,457 $ 18,067,561 $ 4,681,795 Denominator: Basic and diluted weighted average ordinary share outstanding 60,375,000 15,093,750 57,942,308 15,014,423 Basic and diluted net income per ordinary share $ 0.20 $ 0.20 $ 0.31 $ 0.31
Non-cash compensation to Sponsor	Non-cash The Company records non-cash
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-06, “Debt—Debt 470-20) 815-40): 2020-06”), simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share	The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net loss per share for each class of ordinary shares: For the Three Months Ended For the Nine Months Ended Class A Class B Class A Class B Basic and diluted net income per ordinary share: Numerator: Allocation of net income $ 11,881,828 $ 2,970,457 $ 18,067,561 $ 4,681,795 Denominator: Basic and diluted weighted average ordinary share outstanding 60,375,000 15,093,750 57,942,308 15,014,423 Basic and diluted net income per ordinary share $ 0.20 $ 0.20 $ 0.31 $ 0.31

Class A Ordinary Share Subjec_2

Class A Ordinary Share Subject to Possible Redemption (Tables)	9 Months Ended
	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Summary of Class A Ordinary Shares Reflected on the Unaudited Condensed Balance Sheet	As of September 30, 2021, Class A ordinary shares reflected on the unaudited condensed balance sheet are reconciled in the following table: As of Gross proceeds $ 603,750,000 Less: Proceeds allocated to public warrants (44,919,000 ) Class A ordinary shares issuance costs (30,755,862 ) Plus: Accretion of carrying value to redemption value 75,674,862 Class A ordinary shares subject to possible redemption $ 603,750,000

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Summary of Company's Financial Assets And Liabilities	The following table presents information about the Company’s financial assets and liabilities that are measured at fair value. Fair Value Measured as of September 30, 2021 Level 1 Level 2 Level 3 Total Assets: Investments held in Trust Account $ 603,776,317 $ — $ — $ 603,776,317 Liabilities: Working capital loan—related party $ — $ — $ 2,268,810 $ 2,268,810 Derivative liabilities—public warrants $ 12,075,000 $ — $ — $ 12,075,000 Derivative liabilities—private warrants $ — $ — $ 11,729,170 $ 11,729,170 Derivative liabilities—forward purchase warrants $ — $ — $ 7,570,750 $ 7,570,750
Summary of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs As Their Measurement Dates	The following table provides quantitative information regarding Level 3 fair value measurements inputs as their measurement dates: As of As of Option term (in years) 1.4 - 5 0.7 - 5 Volatility 20.00 % 5.00 % Risk-free interest rate 0.73 % 1.10 % Expected dividends 0.00 % 0.00 %
Summary of Change In The Fair Value Of The Derivative Warrant Liabilities	The change in the fair value of the derivative liabilities measured utilizing Level 3 measurements for the period for the three and nine months ended September 30, 2021 is summarized as follows: Derivative liabilities beginning of the period $ — Issuance of derivative liabilities 184,472,850 Transfer of Public Warrants to a Level 1 measurement (44,919,000 ) Change in fair value of derivative liabilities—Level 3 measurement (1) (96,310,400 ) Derivative liabilities at March 31, 2021—Level 3 measurement 43,243,450 Change in fair value of derivative liabilities—Level 3 measurement (2) (16,149,250 ) Derivative liabilities at June 30, 2021—Level 3 measurement 27,094,200 Change in fair value of derivative liabilities—Level 3 measurement (3) (7,794,280 ) Derivative liabilities at September 30, 2021—Level 3 measurement $ 19,299,920 (1) includes a $76.5 million gain from the change in fair value from the forward purchase agreement (2) includes a $10.2 million gain from the change in fair value from the forward purchase agreement (3) includes a $3.1 million gain from the change in fair value from the forward purchase agreement
Summary of Fair Value Of Working Capital Loan Related Party	The change in the fair value of the working capital loan – related party measured with Level 3 inputs for the period for the nine months ended September 30, 2021 is summarized as follows: Fair Value at January 1, 2021 $ — Initial fair value of working capital loan — 4,256,980 Change in fair value of working capital loan — (1,014,000 ) Fair value of working capital loan — 3,242,980 Change in fair value of working capital loan — (974,170 ) Fair value of working capital loan — $ 2,268,810

Description of Organization a_2

Description of Organization and Business Operations - Additional Information (Detail) - USD ($)	Apr. 22, 2021	Jan. 12, 2021	Sep. 30, 2021	Dec. 31, 2020	Aug. 01, 2021
Proceeds from initial public offer			$ 603,750,000	$ 296,000
Deferred underwriting commissions		$ 21,100,000	21,131,250
Cash			1,300,000
Working Capital Deficit			551,000
Proceeds from Issuance of Private Placement			14,075,000
Payment to acquire restricted investments			$ 603,750,000
Restricted Investments Term		185 days	185 days
Percentage Of Public Shares To Be Redeemed On Non Completion Of Business Combination			100.00%
Lock In Period For Redemption Of Public Shares After Closing Of IPO			24 months
Dissolution Expense			$ 100,000
Percentage of redeemable outstanding Public Shares held in the Trust Account			100.00%
Minimum share price of the residual assets remaining available for distribution			$ 10
Proceeds from Issuance of Common Stock				2,000,000
Working Capital Loan				173,000
Due to Related Parties Current			$ 479,334
Private Placement Warrants [Member]
Class of warrants and rights issued during the period		9,383,333
Class of warrants and rights issued, price per warrant		$ 1.50
Proceeds from Issuance of Private Placement		$ 14,100,000
Exercise Price of Warrants or Rights		$ 10
Sponsor [Member]
Minimum Public Share price due to reductions in the value of the trust assets less taxes payable			$ 10
Proceeds from unsecured and non-interest bearing promissory note			$ 300,000
Due to Related Parties Current			80,000	$ 0
Line of Credit Facility, Remaining Borrowing Capacity					$ 1,000,000
Sponsor [Member] \| Founder Shares [Member]
Proceeds from Issuance of Common Stock			25,000
Working Capital Loans [Member]
Due to Related Parties Current			$ 2,000,000
Public Shares [Member]
Share Price			$ 10
Maximum [Member]
Share Price			$ 10
Minimum [Member]
Percentage Of Fair Market Value Of Target Business To Asset Held In Trust Account			80.00%
Net Tangible Assets Required For Consummation Of Business Combination			$ 5,000,001
Percentage of redeeming shares of public shares without the company's prior written consent			15.00%
Minimum [Member] \| Definitive Agreement of Initial Business Combination [Member]
Percentage of Voting Interests Acquired			50.00%
Over-Allotment Option [Member]
Stock shares issued during the period		7,875,000
IPO [Member]
Stock shares issued during the period		60,375,000
Proceeds from initial public offer		$ 603,800,000
Offering costs		33,900,000
Deferred underwriting commissions		$ 21,100,000
Reimbursement of underwriting expenses	$ 600,000
Share Price		$ 10
Payment to acquire restricted investments		$ 603,800,000

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share (Detail) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2021
Numerator:
Allocation of net income	$ 14,852,285	$ 20,487,793	$ (12,590,722)	$ 22,749,356
Common Class A [Member]
Numerator:
Allocation of net income	$ 11,881,828			$ 18,067,561
Denominator:
Basic and diluted weighted average ordinary share outstanding	60,375,000			57,942,308
Basic and diluted net income per ordinary share	$ 0.20			$ 0.31
Common Class B [Member]
Numerator:
Allocation of net income	$ 2,970,457			$ 4,681,795
Denominator:
Basic and diluted weighted average ordinary share outstanding	15,093,750			15,014,423
Basic and diluted net income per ordinary share	$ 0.20			$ 0.31

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	Jan. 12, 2021	Sep. 30, 2021	Dec. 31, 2020
Cash equivalents		$ 0	$ 0
FDIC Insured Amount		250,000
Unrecognised tax benefits		0
Unrecognised tax benefits,accrued interest and penalties		$ 0
Restricted Investments Term	185 days	185 days
Number of warrants or rights outstanding			0
Change in the carrying value of the redeemable Class A ordinary shares		$ 133,100,000
Accumulated deficit		$ (53,032,035)	$ (130,020)
Number of shares reclassified from permanent equity to temporary equity		20,939,939
Reclassification [Member]
Accumulated deficit		$ 76,300,000
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		21,458,333
Common Class A [Member]
Temporary equity shares outstanding		60,375,000	0
Financing Cost of Derivative Warrant Liabilities [Member]
Offering Cost		$ 2,600,000
Public Warrants [Member]
Number of warrants or rights outstanding		12,075,000
Private Placement Warrants [Member]
Number of warrants or rights outstanding		9,383,333
Forward purchase warrants [Member]
Number of warrants or rights outstanding		5,000,000
Derivative liabilities [Member]
Number of warrants or rights outstanding		1,000,000

Initial Public Offering - Addit

Initial Public Offering - Additional Information (Detail) - USD ($)	Apr. 22, 2021	Jan. 12, 2021	Sep. 30, 2021	Dec. 31, 2020
Initial Public Offering [Line Items]
Proceeds from initial public offer			$ 603,750,000	$ 296,000
Payments for Underwriting Expense		$ 12,100,000
Common Class A [Member]
Initial Public Offering [Line Items]
Stock Conversion Basis			one-fifth of one redeemable warrant
Common Class A [Member] \| Public Warrants [Member]
Initial Public Offering [Line Items]
Shares issuable per warrant			1
Exercise price of warrant			$ 11.50
IPO [Member]
Initial Public Offering [Line Items]
Proceeds from initial public offer		603,800,000
Offering Cost		$ 33,900,000
Stock issued during period shares new shares		60,375,000
Stock repurchased during period, shares		2,527,000
Share Price		$ 10
Deferred underwriting commissions		$ 21,100,000
Payments for Underwriting Expense	$ 600,000
Over-Allotment Option [Member]
Initial Public Offering [Line Items]
Stock issued during period shares new shares		7,875,000
Over-Allotment Option [Member] \| Common Class A [Member]
Initial Public Offering [Line Items]
Stock issued during period shares new shares		7,875,000

Private Placement - Additional

Private Placement - Additional Information (Detail) - USD ($)	Jan. 12, 2021	Sep. 30, 2021
Private Placement [Line Items]
Proceeds received from private placement		$ 14,075,000
Minimum lock In period for transfer, assign or sell warrants after completion of IPO		30 days
Private Placement Warrants [Member]
Private Placement [Line Items]
Class of warrants and rights issued during the period	9,383,333
Class of warrants and rights issued, price per warrant	$ 1.50
Proceeds received from private placement	$ 14,100,000
Exercise price of warrant	$ 10
Private Placement Warrants [Member] \| Common Class A [Member]
Private Placement [Line Items]
Shares issuable per warrant		1
Exercise price of warrant		$ 11.50

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Jan. 12, 2021	Oct. 10, 2020	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020	Aug. 01, 2021	Nov. 13, 2020	Oct. 07, 2020
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Due to related parties current			$ 479,334	$ 479,334
Proceeds from related party				2,000,000
Proceeds from initial public offer				$ 603,750,000	$ 296,000
IPO [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Stock Issued During Period, Shares, New Issues	60,375,000
Stock repurchased during period, shares	2,527,000
Proceeds from initial public offer	$ 603,800,000
IPO [Member] \| Maximum [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Stock repurchased during period, shares				3,000,000
Founder Shares [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Temporary equity shares outstanding	1,968,750
Founder Shares [Member] \| IPO [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Common stock, threshold percentage on conversion of shares		20.00%
Sponsor [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Due to related parties current			80,000	$ 80,000	0
Related party transaction amount of transaction			30,000
Due from Related Parties			5,000	5,000	0
Due to Sponsor Affiliate, Current			399,000	399,000	0
Line of Credit Facility, Remaining Borrowing Capacity						$ 1,000,000
Sponsor [Member] \| Office Space Administrative And Support Services [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Related party transaction amount of transaction				10,000
Sponsor [Member] \| General and Administrative Expense [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Related party transaction amount of transaction				80,000
Sponsor [Member] \| Promissory Note [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Debt Instrument, Face Amount								$ 300,000
Proceeds from related party					173,000
Proceeds from initial public offer					$ 296,000
Sponsor [Member] \| Founder Shares [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited		1,968,750
Sponsor [Member] \| Founder Shares [Member] \| Independent Directors [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Stock Issued During Period, Shares, New Issues		150,000
Working Capital Loans [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Due to related parties current			2,000,000	2,000,000
Debt Instrument Convertible Into Warrants								$ 2,000,000
Debt Instrument Conversion Price								$ 1.50
Working Capital Loan—Related Party [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Due to related parties current			$ 2,300,000	$ 2,300,000
Common Class B [Member] \| Founder Shares [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Temporary equity shares outstanding							15,093,750
Common Class B [Member] \| Sponsor [Member] \| Founder Shares [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Stock Issued During Period, Shares, New Issues		11,500,000
Stock Issued During Period, Value, Issued for Services		$ 25,000
Common Class A [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Temporary equity shares outstanding			60,375,000	60,375,000	0
Common Class A [Member] \| Sponsor [Member] \| Share Price More Than Or Equals To USD Twelve [Member]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited
Share transfer, trigger price price per share.			$ 12	$ 12
Number of consecutive trading days for determining share price				20 days
Number Of Trading Days For Determining Share Price				30 days
Threshold Number Of Trading Days For Determining Share PriceFrom Date Of Business Combination				150 days

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Apr. 22, 2021	Jan. 12, 2021	Jan. 07, 2021	Sep. 30, 2021
Loss Contingencies [Line Items]
Underwriting discount per unit		$ 0.20
Deferred underwriting commissions per unit		$ 0.35
Deferred Underwriting Commissions		$ 21,100,000		$ 21,131,250
Payments for Underwriting Expense		$ 12,100,000
Forward Purchase Agreement [Member] \| Forward Purchase Investor [Member] \| Forward Purchase units [Member]
Loss Contingencies [Line Items]
Option to purchase additional shares			5,000,000
Forward Purchase Agreement [Member] \| Forward Purchase Investor [Member] \| Forward Purchase units [Member] \| Share Price Range One [Member]
Loss Contingencies [Line Items]
Stock shares issued during the period			250,000,000
Stock issued during period shares new shares			250,000,000
Share Price			$ 11.50
Sale of stock issue price per share			$ 10
Option to purchase additional shares value			$ 50,000,000
Forward Purchase Agreement [Member] \| Forward Purchase Investor [Member] \| Forward Purchase units [Member] \| Share Price Range Two [Member]
Loss Contingencies [Line Items]
Share Price			$ 10
Over-Allotment Option [Member]
Loss Contingencies [Line Items]
Stock shares issued during the period		7,875,000
Stock issued during period shares new shares		7,875,000
Over-Allotment Option [Member] \| Common Class A [Member]
Loss Contingencies [Line Items]
Overallotment Option Vesting Period		45 days
Stock shares issued during the period		7,875,000
Stock issued during period shares new shares		7,875,000
IPO [Member]
Loss Contingencies [Line Items]
Deferred Underwriting Commissions		$ 21,100,000
Stock shares issued during the period		60,375,000
Payments for Underwriting Expense	$ 600,000
Stock issued during period shares new shares		60,375,000
Share Price		$ 10

Derivative Liabilities - Additi

Derivative Liabilities - Additional Information (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2021	Jan. 12, 2021	Dec. 31, 2020
Warrants oustanding			0
Number of days from which warrants and Ordinary shares will not become Transferable or Salable	30 days
Weighted Average Price Of Common Stock As Reported Duirng Trading Days To Meet Fair Market Value Criteria	10 days
Thresold Price For Warrants will not exerciseble During Redempton Period Price per Warrant	$ 0.361
Share Price Equals Or Exceeds 10 Usd [Member]
Share Price	10
Class of warrants or rights redemption per share	$ 0.10
Warrant minimum days' for prior written notice of redemption	30 days
Number of consecutive trading days to determine call of warrant redemption	20 days
Number of trading days to determine call of warrant redemption	30 days
Event Triggering Warrant Redemption [Member]
Volume weighted average price per share	$ 9.20
Public Warrants [Member]
Warrants oustanding	12,075,000
Number of days from which warrants become exercisale after the completion of Business Combination	30 days
Number of Months from which warrants become exercisale after the completion of Business Combination	12 months
Number of Business Days After The Closing of Business Combination Made Efforts For SEC Registration Statement	20 days
Period within which registration statement shall be effective after closure of business combination	60 days
Public Warrants [Member] \| Event Triggering Warrant Redemption [Member]
Class of warrant or rights exercise price	$ 11.50
Warrant expiration	5 years
Share Price	$ 9.20
Proceeds from equity proceeds from business combination as a percentage of total equity proceeds	60.00%
Number of trading days	20 days
Public Warrants [Member] \| Event Triggering Warrant Redemption [Member] \| Trigger Price One [Member]
Redemption trigger price as a percentage of the newly issued price	115.00%
Class of warrants or right redemption trigger price	$ 18
Public Warrants [Member] \| Event Triggering Warrant Redemption [Member] \| Trigger Price Two [Member]
Redemption trigger price as a percentage of the newly issued price	180.00%
Class of warrants or right redemption trigger price	$ 10
Private Placement Warrants [Member]
Warrants oustanding	9,383,333
Class of warrant or rights exercise price		$ 10
Private Placement Warrants [Member] \| Share Price Equals Or Exceeds 18 Usd [Member]
Share Price	$ 18
Class of warrants or rights redemption per share	$ 0.01
Warrant minimum days' for prior written notice of redemption	30 days
Number of consecutive trading days to determine call of warrant redemption	20 days
Number of trading days to determine call of warrant redemption	30 days
Threshold Period Common Stock Available During The Redemption Period	30 days

Class A Ordinary Share Subjec_3

Class A Ordinary Share Subject to Possible Redemption - Summary of Class A Ordinary Shares Reflected on the Unaudited Condensed Balance Sheet (Detail) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Temporary Equity [Line Items]
Gross proceeds		$ 603,750,000	$ 296,000
Proceeds allocated to public warrants		(44,919,000)
Initial carrying value of the Class A ordinary shares subject to redemption at March 31, 2021		(30,755,862)
Accretion of carrying value to redemption value	$ 75,674,862	75,674,862
Class A ordinary shares subject to possible redemption		$ 603,750,000

Class A Ordinary Share Subjec_4

Class A Ordinary Share Subject to Possible Redemption - Additional Information (Detail) - Common Class A [Member] - $ / shares	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Common stock, shares authorized	200,000,000	200,000,000
Common stock, no par value	$ 0.0001
Temporary Equity, Shares Issued	60,375,000	0
Temporary equity shares outstanding	60,375,000	0
Common stock, voting rights	one
Shares Subject to redemption [Member]
Temporary equity shares outstanding	60,375,000

Shareholders' Deficit - Additio

Shareholders' Deficit - Additional Information (Detail) - USD ($)	Jan. 12, 2021	Nov. 13, 2020	Oct. 10, 2020	Sep. 30, 2021	Dec. 31, 2020
Preferred stock, shares authorized				1,000,000	1,000,000
Preferred stock, no par value				$ 0.0001	$ 0.0001
Preferred stock, shares issued				0	0
Preferred stock, shares outstanding				0	0
Common stock, conversion ratio, percent				20.00%
Director [Member]
Number of shares transferred			150,000
Over-Allotment Option [Member]
Number of shares transferred	7,875,000
Common Class A [Member]
Common stock, shares authorized				200,000,000	200,000,000
Common stock, no par value				$ 0.0001
Common stock, voting rights				one
Temporary equity, shares subject to possible redemption				60,375,000	0
Common Class A [Member] \| Over-Allotment Option [Member]
Number of shares transferred	7,875,000
Common Class B [Member]
Common stock, shares authorized				20,000,000	20,000,000
Common stock, no par value				$ 0.0001
Common stock, voting rights				one vote
Common stock, shares, issued			11,500,000	15,093,750	15,093,750
Ordinary shares were subject to forfeiture					1,968,750
Common Class B [Member] \| Sponsor [Member]
Common stock subject to repurchase, shares		15,093,750
Common Class B [Member] \| Over-Allotment Option [Member]
Common stock subject to repurchase				$ 0
Ordinary shares were subject to forfeiture				1,968,750
Percentage of increase in ordinary shares issued				20.00%
Percentage of increase in ordinary shares outstanding				20.00%

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Company's Financial Assets And Liabilities (Detail)	Sep. 30, 2021USD ($)
Investments held in Trust Account	$ 603,776,317
Working Capital Loan—Related Party [Member]
Derivative liabilities	2,268,810
Working capital loan - related party	2,268,810
Derivative Liabilities—Public Warrants [Member]
Derivative liabilities	12,075,000
Working capital loan - related party	12,075,000
Derivative Liabilities—Private Warrants [Member]
Derivative liabilities	11,729,170
Working capital loan - related party	11,729,170
Derivative Liabilities—Forward Purchase Warrants [Member]
Derivative liabilities	7,570,750
Working capital loan - related party	7,570,750
Level 1 [Member]
Investments held in Trust Account	603,776,317
Level 1 [Member] \| Derivative Liabilities—Public Warrants [Member]
Derivative liabilities	12,075,000
Working capital loan - related party	12,075,000
Level 2 [Member]
Investments held in Trust Account	0
Level 3 [Member]
Investments held in Trust Account	0
Level 3 [Member] \| Working Capital Loan—Related Party [Member]
Derivative liabilities	2,268,810
Working capital loan - related party	2,268,810
Level 3 [Member] \| Derivative Liabilities—Private Warrants [Member]
Derivative liabilities	11,729,170
Working capital loan - related party	11,729,170
Level 3 [Member] \| Derivative Liabilities—Forward Purchase Warrants [Member]
Derivative liabilities	7,570,750
Working capital loan - related party	$ 7,570,750

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs As Their Measurement Dates (Detail)	Jan. 12, 2021	Sep. 30, 2021
Option Term (in years) [Member] \| Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Option term (in years)	5 years	5 years
Option Term (in years) [Member] \| Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Option term (in years)	1 year 4 months 24 days	8 months 12 days
Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Volatility	20.00%	5.00%
Risk-Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Risk-free interest rate	0.73%	1.10%
Expected Dividends [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected dividends	0.00%	0.00%

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Change In The Fair Value Of The Derivative Warrant Liabilities (Detail) - USD ($)	3 Months Ended			6 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities beginning of the period	$ 27,094,200	$ 43,243,450	$ 0	$ 0
Issuance of derivative liabilities			184,472,850
Transfer of Public Warrants to a Level 1 measurement			(44,919,000)
Change in fair value of derivative liabilities	(7,794,280)	(16,149,250)	(96,310,400)
Derivative liabilities ending of the period	$ 19,299,920	$ 27,094,200	$ 43,243,450	$ 27,094,200

Fair Value Measurements - Sum_4

Fair Value Measurements - Summary of Change In The Fair Value Of The Derivative Warrant Liabilities (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Forward Purchase Agreement [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Gain from the change in fair value	$ 3.1	$ 10.2	$ 76.5

Fair Value Measurements - Work

Fair Value Measurements - Working Capital Loan Related Party (Detail) - USD ($)	3 Months Ended			6 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities beginning of the period	$ 27,094,200	$ 43,243,450	$ 0	$ 0
Initial fair value of working capital loan—related party			184,472,850
Change in fair value of working capital loan—related party	(7,794,280)	(16,149,250)	(96,310,400)
Derivative liabilities ending of the period	19,299,920	27,094,200	43,243,450	27,094,200
Working Capital Loan—Related Party [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liabilities beginning of the period	3,242,980		$ 0	0
Initial fair value of working capital loan—related party				4,256,980
Change in fair value of working capital loan—related party	(974,170)			(1,014,000)
Derivative liabilities ending of the period	$ 2,268,810	$ 3,242,980		$ 3,242,980