Quarterly report pursuant to Section 13 or 15(d)

Restatement of Previously Issued Financial Statement (Tables)

v3.21.4
Restatement of Previously Issued Financial Statement (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Changes and Error Corrections [Abstract]  
Summary Of Impact Of The Revision On Financial Statements
The impact of the restatement on the Company’s financial statements is reflected in the following table.
 
 
  
As of March 31, 2021
 
Condensed Balance Sheet
  
As Previously

Reported
 
 
Restatement

Adjustment
 
 
As Restated
 
Class A ordinary shares 
subject to possible redemption
  
$
326,642,880     
$
37,302,120     
$
363,945,000  
Shareholders’ Equity
                          
Class A ordinary
shares, 
$0.0001 par value
  
$
373     
$
(373   
$
—    
Class B ordinary
shares, 
$0.0001 par value
  
$
910     
$
—       
$
910  
Additional
paid-in
capital
  
$
11,186,032     
$
(11,186,032   
$
—    
Accumulated deficit
  
$
(6,187,307   
$
(26,115,715   
$
(32,303,022
 
 
  
Three Months Ended March 31, 2021
 
Condensed Statement of Operations
  
As Previously

Reported
 
  
Restatement

Adjustment
 
 
As Restated
 
Weighted average shares outstanding of Class A ordinary shares
  
 
36,394,500
 
  
 
—  
 
 
 
36,394,500
 
Basic and diluted net income per ordinary share, Class A
  
$
—  
 
  
$
0.08
 
 
$
0.08
 
Weighted average shares outstanding of Class B ordinary shares
  
 
9,098,625
 
  
 
—  
 
 
 
9,098,625
 
Basic and diluted net loss per ordinary share, Class B
  
$
0.38
 
  
$
(0.30
 
$
0.08
 
 
 
  
As of June 30, 2021
 
Condensed Balance Sheet
  
As Previously

Reported
 
 
Restatement

Adjustment
 
 
As Restated
 
Class A ordinary shares subject to possible redemption
  
$
324,423,570
 
 
$
39,521,430
 
 
$
363,945,000
 
       
Shareholders’ equity (deficit)
  
     
 
     
 
     
Class A ordinary shares, $0.0001 par value
  
$
395
 
 
$
(395
 
$
—  
 
Class B ordinary shares, $0.0001 par value
  
$
910
 
 
$
—  
 
 
$
910
 
Additional
paid-in
capital
  
$
13,405,320
 
 
$
(13,405,320
 
$
—  
 
Accumulated deficit
  
$
(8,406,622
 
$
(26,115,715
 
$
(34,522,337
 
 
  
Three Months Ended June 30, 2021
 
Condensed Statement of Operations
  
As Previously

Reported
 
 
Restatement

Adjustment
 
 
As Restated
 
Weighted average shares outstanding of Class A ordinary shares
  
 
36,394,500
 
 
 
—  
 
 
 
36,394,500
 
Basic and diluted net loss per ordinary share, Class A
  
$
—  
 
 
$
(0.05
 
$
(0.05
Weighted average shares outstanding of Class B ordinary shares
  
 
9,098,625
 
 
 
—  
 
 
 
9,098,625
 
Basic and diluted net loss per ordinary share, Class B
  
$
(0.24
 
$
0.19
 
 
$
(0.05
 
 
  
Six Months Ended June 30, 2021
 
Condensed Statement of Operations
  
As Previously

Reported
 
  
Restatement

Adjustment
 
 
As Restated
 
Weighted average shares outstanding of Class A ordinary shares
  
 
36,394,500
 
  
 
—  
 
 
 
36,394,500
 
Basic and diluted net income per ordinary share, Class A
  
$
—  
 
  
$
0.03
 
 
$
0.03
 
Weighted average shares outstanding of Class B ordinary shares
  
 
9,098,625
 
  
 
—  
 
 
 
9,098,625
 
Basic and diluted net loss per ordinary share, Class B
  
$
0.13
 
  
$
(0.10
 
$
0.03