Initial Public Offering |
3 Months Ended | |
|---|---|---|
Mar. 31, 2021 | ||
| Equity [Abstract] | ||
| Initial Public Offering | Note 3—Initial Public Offering Public CAPS ™ On September 18, 2020, the Company consummated its Initial Public Offering of 41,400,000 CAPS ™ , which included 5,400,000 CAPS ™ issued as a result of the underwriters’ exercise in full of their over-allotment option, at $10.00 per CAPS ™ , generating gross proceeds of $414.0 million, and incurring offering costs of approximately $4.8 million. Each CAPS ™ one-quarter of one redeemable warrant (each, a “Public Warrant”). Each whole Public Warrant may be exercised to purchase one share of Class A common stock for $11.50 per share, subject to adjustment (see Note 7). Underwriting Agreement The Company granted the underwriters a 45-day option to purchase up to 5,400,000 additional CAPS ™ The underwriters were entitled to an underwriting discount of $0.01 per CAPS ™ , or approximately $4.1 million in the aggregate, paid upon the closing of the Initial Public Offering. |