Registration of securities issued in business combination transactions

Condensed Statements Of Operations

v3.21.4
Condensed Statements Of Operations - USD ($)
 3 Months Ended 9 Months Ended
Jan. 26, 2021
Sep. 30, 2021
Sep. 30, 2021
Formation costs $ 5,000    
Formation and operating costs   $ 1,208,967 $ 1,485,953
Loss from operations   (1,208,967) (1,485,953)
Other income (expense):      
Interest income earned on investments held in trust account   5,179 20,541
Offering costs allocated to warrants   0 (570,496)
Change in fair value of warrant liabilities   6,658,475 6,496,009
Total other income   6,663,654 5,946,054
Net income (loss) $ (5,000) $ 5,454,687 $ 4,460,101
Basic and diluted weighted average shares outstanding [1] 8,750,000    
Basic and diluted net income (loss) per ordinary share $ 0.00 $ 0.11 $ 0.12
Common Class A      
Other income (expense):      
Basic and diluted weighted average shares outstanding   40,250,000 28,918,582
Basic and diluted net income (loss) per ordinary share   $ 0.11 $ 0.12
Common Class B      
Other income (expense):      
Net income (loss)   $ (1,090,937) $ (1,115,120)
Basic and diluted weighted average shares outstanding   10,062,500 9,640,625
Basic and diluted net income (loss) per ordinary share   $ 0.11 $ 0.12
[1] Excludes an aggregate of up to 1,312,500 Class B ordinary shares that are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 4). On February 12, 2021, the Company effected a 33-for-25 share split with respect to the founder shares, resulting in an aggregate of 9,487,500 founder shares issued and outstanding. On March 22, 2021, the Company effected a 35-for-33 share split with respect to the founder shares, resulting in an aggregate of 10,062,500 founder shares issued and outstanding. All share and per-share amounts have been retroactively restated to reflect the share capitalizations (see Note 4).