Summary of Significant Accounting Policies (Tables)
 7 Months Ended 9 Months Ended
Dec. 31, 2020
Sep. 30, 2021
Accounting Policies [Abstract]    
Schedule of Impact of the Revision on the Audited Balance Sheet
As of August 17, 2020
  
As Reported As Previously
Restated in

10-K/A

Amendment

No. 1
 
  
Adjustment
 
  
As Restated
 
 
  
 
 
  
 
 
  
 
 
Class A ordinary shares subject to possible redemption
  
$
508,843,200
 
  
$
66,156,800
 
  
$
575,000,000
 
Class A ordinary shares
  
$
662
 
  
$
(662
) 
  
$
—  
 
Class B ordinary shares
  
$
1,438
 
  
$
—  
 
  
$
1,438
 
Additional paid-in capital
  
$
6,699,125
 
  
$
(6,699,125
) 
  
$
—  
 
Accumulated deficit
  
$
(1,701,221
) 
  
$
(59,457,013
) 
  
$
(61,158,234
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total shareholders’ equity (deficit)
  
$
5,000,004
 
  
$
(66,156,800
) 
  
$
(61,156,796
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
The impact of the restatement on the audited balance sheet as of December 31, 2020 is presented below:
 
As of December 31, 2020
  
As Reported As Previously

Restated in

10-K/A

Amendment

No. 1
 
  
Adjustment
 
  
As Restated
 
 
  
 
 
  
 
 
  
 
 
Class A ordinary sharessubject to possible redemption
  
$
485,439,440
 
  
$
89,560,560
 
  
$
575,000,000
 
Class A ordinary shares
  
$
896
 
  
$
(896
) 
  
$
—  
 
Class B ordinary shares
  
$
1,438
 
  
$
—  
 
  
$
1,438
 
Additional paid-in capital
  
$
30,092,651
 
  
$
(30,092,651
) 
  
$
—  
 
Accumulated deficit
  
$
(25,094,982
) 
  
$
(59,467,013
) 
  
$
(84,561,995
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total shareholders’ equity (deficit)
  
$
5,000,003
 
  
$
(89,560,560
) 
  
$
(84,560,557
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
The Company’s statement of shareholders’ equity has been restated to reflect the changes to the impacted shareholders’ equity accounts described above. The Company’s statement of operations has been restated to reflect the changes to the impacted earnings per share data as presented below.
 
 
 
Earnings Per Share
 
 
 
As Reported As Previously
Restated in

10-K/A

Amendment

No. 1
 
 
Adjustment
 
 
As Restated
 
For the Period From June 10, 2020 (Inception) Through December 31, 2020
 
      
 
      
 
      
Net loss
 
$
(25,094,982
) 
 
$
—  
 
 
$
(25,094,982
) 
Weighted average shares outstanding - Class A ordinary shares
 
 
57,500,000
 
 
 
(19,073,171
) 
 
 
38,426,829
 
Basic and diluted earnings per share - Class A ordinary shares
 
$
—  
 
 
$
—  
 
 
$
(0.48
) 
Weighted average shares outstanding - Class B ordinary shares
 
 
13,753,049
 
 
 
—  
 
 
 
13,753,049
 
Basic and diluted earnings per share - Class B ordinary shares
 
$
(1.85
) 
 
$
1.37
 
 
$
(0.48
) 
The impact of the restatement to the previously reported as restated statement of cash flows for the period ended December 31, 2020, is presented below:
 
For the Period From June 10, 2020 (Inception) Through December 31, 2020
 
 
  
As Reported As Previously

Restated in

10-K/A

Amendment
 
  
Adjustment
 
  
As Restated
 
 
  
 
 
  
 
 
  
 
 
Value of Class A ordinary shares subject to possible redemption
  
$
508,843,200
 
  
$
(508,843,200
) 
  
$
—  
 
Change in value of Class A ordinary shares subject to possible redemption
  
$
(23,403,760
) 
  
$
23,403,760
 
  
$
—  
 
The table below presents the effect of the restatement discussed above on the Company’s previously reported unaudited condensed balance sheet as of March 31, 2021:
 
As of March 31, 2021 (unaudited)
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Total assets
  
$
576,903,389
 
  
$
—
  
  
$
576,903,389
 
Total liabilities
  
$
60,996,746
 
  
$
—
  
  
$
60,996,746
 
Class A ordinary shares subject to possible redemption
  
$
510,906,640
 
  
$
64,093,360
 
  
$
575,000,000
 
Preferred shares
  
$
—  
 
  
$
—  
 
  
$
—  
 
Class A ordinary shares
  
$
641
 
  
$
(641
) 
  
$
—  
 
Class B ordinary shares
  
$
1,438
 
  
$
—  
 
  
$
1,438
 
Additional paid-in capital
  
$
4,625,706
 
  
$
(4,625,706
) 
  
$
—  
 
Retained earnings (accumulated deficit)
  
$
372,218
 
  
$
(59,467,013
) 
  
$
(59,094,795
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total shareholders’ equity (deficit)
  
$
5,000,003
 
  
$
(64,093,360
) 
  
$
(59,093,357
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity (Deficit)
  
$
576,903,389
 
  
$
—  
 
  
$
576,903,389
 
 
  
 
 
 
  
 
 
 
  
 
 
 
The table below presents the effect of the restatement discussed above on the Company’s previously reported unaudited condensed statement of cash flows for the three months ended March 31, 2021:
 
Three Months Ended March 31, 2021 (unaudited)
 
 
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Supplemental Disclosure of Noncash Financing Activities:
  
      
  
      
  
      
Change in value of Class A ordinary shares subject to possible redemption
  
$
(25,466,945
) 
  
$
25,466,945
 
  
$
—  
 
The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited condensed balance sheet as of June 30, 2021:
As of June 30, 2021 (unaudited)
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Total assets
  
$
576,858,765
 
  
$
—
  
  
$
576,858,765
 
Total liabilities
  
$
53,058,535
 
  
$
—
  
  
$
53,058,535
 
Class A ordinary shares subject to possible redemption
  
$
518,800,220
 
  
$
56,199,780
 
  
$
575,000,000
 
Preferred shares
  
$
—  
 
  
$
—  
 
  
$
—  
 
Class A ordinary shares
  
$
562
 
  
$
(562
) 
  
$
—  
 
Class B ordinary shares
  
$
1,438
 
  
$
—  
 
  
$
1,438
 
Additional paid-in capital
  
$
—  
 
  
$
—  
 
  
$
—  
 
Retained earnings (accumulated deficit)
  
$
4,998,010
 
  
$
(56,199,218
) 
  
$
(51,201,208
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total shareholders’ equity (deficit)
  
$
5,000,010
 
  
$
(56,199,780
) 
  
$
(51,199,770
) 
 
  
 
 
 
  
 
 
 
  
 
 
 
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity (Deficit)
  
$
576,858,765
 
  
$
—  
 
  
$
576,858,765
 
 
  
 
 
 
  
 
 
 
  
 
 
 
The table below presents the effect of the financial statement adjustments related to the restatement discussed above of the Company’s previously reported unaudited condensed statement of cash flows for the six months ended June 30, 2021:
Six Months Ended June 30, 2021 (unaudited)
 
 
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Supplemental Disclosure of Noncash Financing Activities:
  
      
  
      
  
      
Change in value of Class A ordinary shares subject to possible redemption
  
$
33,360,780
 
  
$
(33,360,780
) 
  
$
—  
 
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share  
The following tables reflects present a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per share for each class of ordinary shares:
 
 
  
For the Three Months Ended
 
  
For the Three Months Ended
 
 
  
September 30, 2021
 
  
September 30, 2020
 
 
  
Class A
 
  
Class B
 
  
Class A
 
  
Class B
 
Basic and diluted net income (loss) per ordinary share:
  
      
  
      
  
      
  
      
Numerator:
  
      
  
      
  
      
  
      
Allocation of net income (loss)
  
$
6,255,579
 
  
$
1,563,895
 
  
$
(1,021,083
) 
  
$
(487,111
) 
         
Denominator:
  
      
  
      
  
      
  
      
Basic and diluted weighted average ordinary shares outstanding
  
 
57,500,000
 
  
 
14,375,000
 
  
 
28,125,000
 
  
 
13,417,120
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
         
Basic and diluted net income (loss) per ordinary share
  
$
0.11
 
  
$
0.11
 
  
$
(0.04
 )
 
  
$
(0.04
 )
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
 
  
 
 
  
 
 
  
For The Period From
 
 
  
For the Nine Months Ended
 
  
June 10, 2020 (inception) through
 
 
  
September 30, 2021
 
  
September 30, 2020
 
 
  
Class A
 
  
Class B
 
  
Class A
 
  
Class B
 
Basic and diluted net income (loss) per ordinary share:
  
      
  
      
  
      
  
      
Numerator:
  
      
  
      
  
      
  
      
Allocation of net income (loss)
  
$
32,944,209
 
  
$
8,236,052
 
  
$
(970,449
 )
 
  
$
(561,407
 )
 
         
Denominator:
  
      
  
      
  
      
  
      
Basic and diluted weighted average ordinary shares outstanding
  
 
57,500,000
 
  
 
14,375,000
 
  
 
22,898,230
 
  
 
13,246,681
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
         
Basic and diluted net income (loss) per ordinary share
  
$
0.57
 
  
$
0.57
 
  
$
(0.04
 )
 
  
$
(0.04
 )
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Schedule of weighted average shares outstanding and basic and diluted earnings per share  
The impact to the reported amounts of weighted average shares outstanding and basic and diluted earnings per share is presented below for the Affected Quarterly Periods:
 
 
  
Earnings Per Share
 
 
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Three Months Ended March 31, 2021 (unaudited)
  
      
  
      
  
      
Net income
  
$
25,467,200
 
  
$
—  
 
  
$
25,467,200
 
Weighted average shares outstanding - Class A ordinary shares
  
 
57,500,000
 
  
 
—  
 
  
 
57,500,000
 
Basic and diluted earnings per share - Class A ordinary shares
  
$
0.00
 
  
$
0.35
 
  
$
0.35
 
Weighted average shares outstanding - Class B ordinary shares
  
 
14,375,000
 
  
      
  
 
14,375,000
 
Basic and diluted earnings per share - Class B ordinary shares
  
$
1.77
 
  
$
(1.42
) 
  
$
0.35
 
 
 
  
Earnings Loss Per Share
 
 
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Three Months Ended June 30, 2021 (unaudited)
  
      
  
      
  
      
Net loss
  
$
7,893,587
 
  
$
—  
 
  
$
7,893,587
 
Weighted average shares outstanding - Class A ordinary shares
  
 
57,500,000
 
  
 
—  
 
  
 
57,500,000
 
Basic and diluted earnings per share - Class A ordinary shares
  
$
0.00
 
  
$
0.11
 
  
$
0.11
 
Weighted average shares outstanding - Class B ordinary shares
  
 
14,375,000
 
  
      
  
 
14,375,000
 
Basic and diluted earnings per share - Class B ordinary shares
  
$
0.55
 
  
$
(0.44
) 
  
$
0.11
 
   
 
  
Earnings Loss Per Share
 
 
  
As Reported
 
  
Adjustment
 
  
As Restated
 
Six Months Ended June 30, 2021 (unaudited)
  
      
  
      
  
      
Net loss
  
$
33,360,787
 
  
$
—  
 
  
$
33,360,787
 
Weighted average shares outstanding - Class A ordinary shares
  
      
  
 
—  
 
  
 
57,500,000
 
Basic and diluted earnings per share - Class A ordinary shares
  
$
0.00
 
  
$
0.46
 
  
$
0.46
 
Weighted average shares outstanding - Class B ordinary shares
  
 
14,375,000
 
  
      
  
 
14,375,000
 
Basic and diluted earnings per share - Class B ordinary shares
  
$
2.32
 
  
$
(1.86
) 
  
$
0.46