| Summary of impact of the restatement on the balance sheets, statements of operations and statements of cash flows |
The impact of the restatement on the balance sheets, statements of operations and statements of cash flows for the Affected Periods is presented below. The restatement had no impact on net cash flows from operating, investing or financing activities. | | | | | | | | | | | | | | | | As of December 31, 2020 | | | | | As Previously Reported | | | Restatement Adjustment | | | As Restated | | | | | | | | | | | | | | | | | $ | 415,340,439 | | | $ | — | | | $ | 415,340,439 | | | | | | | | | | | | | | | | Liabilities and stockholders’ equity | | | | | | | | | | | | | Total current liabilities | | $ | 291,203 | | | $ | — | | | $ | 291,203 | | Derivative warrant liabilities | | | — | | | | 10,929,780 | | | | 10,929,780 | | | | | | | | | | | | | | | | | | | 291,203 | | | | 10,929,780 | | | | 11,220,983 | | Class A common stock, $0.0001 par value; shares subject to possible redemption | | | 410,049,230 | | | | (10,929,780 | ) | | | 399,119,450 | | | | | | | | | | | | | | | Preferred stock-$0.0001 par value | | | — | | | | — | | | | — | | Class A common stock - $0.0001 par value | | | 101 | | | | 109 | | | | 210 | | Class B common stock - $0.0001 par value | | | 30 | | | | — | | | | 30 | | Class F common stock - $0.0001 par value | | | 83 | | | | — | | | | 83 | | | | | 5,345,362 | | | | (2,653,929 | ) | | | 2,691,433 | | Retained earnings (accumulated deficit) | | | (345,570 | ) | | | 2,653,820 | | | | 2,308,250 | | | | | | | | | | | | | | | | Total stockholders’ equity | | | 5,000,006 | | | | — | | | | 5,000,006 | | | | | | | | | | | | | | | | Total liabilities and stockholders’ equity | | $ | 415,340,439 | | | $ | — | | | $ | 415,340,439 | | | | | | | | | | | | | | | | | | | | | | Period From June 22, 2020 (Inception) Through December 31, 2020 | | | | | As Previously Reported | | | Restatement Adjustment | | | As Restated | | | | | | | | | | | | | | | | | $ | (357,141 | ) | | $ | — | | | $ | (357,141 | ) | | | | | | | | | | | | | | Change in fair value of derivative warrant liabilities | | | — | | | | 2,835,950 | | | | 2,835,950 | | Financing costs - derivative warrant liabiltiies | | | — | | | | (182,130 | ) | | | (182,130 | ) | Interest earned on investments held in Trust Account | | | 11,571 | | | | — | | | | 11,571 | | | | | | | | | | | | | | | | Total other (expense) income | | | 11,571 | | | | 2,653,820 | | | | 2,665,391 | | | | | | | | | | | | | | | | | | $ | (345,570 | ) | | $ | 2,653,820 | | | $ | 2,308,250 | | | | | | | | | | | | | | | | Basic and Diluted weighted-average Class A common stock outstanding | | | 41,400,000 | | | | | | | | 41,400,000 | | | | | | | | | | | | | | | | Basic and Diluted net income per Class A common shares | | $ | — | | |
| | | | $ | — | | | | | | | |
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| | | | | | Basic and Diluted weighted-average Class B & Class F common stock outstanding | | | 2,580,933 | | | | | | | | 2,580,933 | | | | | | | | | | | | | | | | Basic and Diluted net income (loss) per Class B share & Class F share | | $ | (0.13 | ) | |
| | | | $ | 0.89 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period From June 22, 2020 (Inception) Through December 31, 2020 | | | | | As Previously Reported | | | Restatement Adjustment | | | As Restated | | | | | | | | | | | | | | | | | $ | (345,570 | ) | | $ | 2,653,820 | | | $ | 2,308,250 | | Change in fair value of derivative warrant liabilities | | | — | | | | (2,835,950 | ) | | | (2,835,950 | ) | Offering costs associated with derivative warrant liabilities | | | — | | | | 182,130 | | | | 182,130 | | Initial value of Class A common stock subject to possible redemption | | | 410,347,250 | | | | (13,765,730 | ) | | | 396,581,520 | | Change in initial value of Class A common stock subject to possible redemption | | | (298,020 | ) | | | 2,835,950 | | | | 2,537,930 | |
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