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Revision to Prior Period Financial Statements (Tables)

3 Months Ended

Mar. 31, 2021

New Accounting Pronouncements And Changes In Accounting Principles [Abstract]

Summary of Post IPO Balance Sheet

The Company concluded that the misstatement was not material to the Post-IPO Balance Sheet and the misstatement had no material impact to any prior interim period. The effect of the revisions to the Post-IPO Balance Sheet is as follows:

		As of March 4, 2021
		As Previously Reported				Revision Adjustments				As Revised
Balance Sheet
Total assets		$	346,880,911			$	-			$	346,880,911
Liabilities  and shareholders’ equity
Total current liabilities		$	489,940			$	-			$	489,940
Deferred underwriting commissions			12,075,000				-				12,075,000
Derivative warrant liabilities			-				13,205,750				13,205,750
Total liabilities			12,564,940				13,205,750				25,770,690
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption			329,315,970				(13,205,750	)			316,110,220
Shareholders’ equity
Prefered shares- $0.0001 par value			-				-				-
Class A ordinary shares - $0.0001 par value			157				132				289
Class B ordinary shares - $0.0001 par value			863				-				863
Additional paid-in-capital			5,040,797				502,318				5,543,115
Accumulated deficit			(41,816	)			(502,450	)			(544,266	)
Total shareholders’ equity			5,000,001				-				5,000,001
Total liabilities and shareholders’ equity		$	346,880,911			$	-			$	346,880,911

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- References

No definition available.

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- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794

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