Summary Of Revision Of Previously Issued Financial Statements |
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As Previously |
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Balance Sheet as of February 12, 2021 (unaudited) |
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Reported |
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Adjustment |
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As Restated |
Class A common stock subject to possible redemption |
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$ |
301,630,948 |
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$ |
14,619,052 |
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$ |
316,250,000 |
Class A common stock |
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$ |
230 |
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$ |
(147) |
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$ |
83 |
Additional paid-in capital |
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$ |
5,235,691 |
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$ |
(5,235,691) |
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$ |
— |
Accumulated deficit |
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$ |
(236,705) |
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$ |
(9,383,214) |
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$ |
(9,619,919) |
Total Stockholders’ Equity (Deficit) |
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$ |
5,000,007 |
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$ |
(14,619,052) |
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$ |
(9,619,045) |
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Balance Sheet as of March 31, 2021 (unaudited) |
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Class A common stock subject to possible redemption |
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$ |
306,684,320 |
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$ |
9,565,680 |
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$ |
316,250,000 |
Class A common stock |
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$ |
179 |
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$ |
(96) |
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$ |
83 |
Additional paid-in capital |
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$ |
182,370 |
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$ |
(182,370) |
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$ |
— |
Retained earnings |
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$ |
4,816,670 |
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$ |
(9,383,214) |
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$ |
(4,566,544) |
Total Stockholders’ Equity (Deficit) |
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$ |
5,000,010 |
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$ |
(9,565,680) |
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$ |
(4,565,670) |
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Balance Sheet as of June 30, 2021 (unaudited) |
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Class A common stock subject to possible redemption |
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$ |
296,160,450 |
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$ |
20,089,550 |
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$ |
316,250,000 |
Class A common stock |
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$ |
284 |
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$ |
(201) |
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$ |
83 |
Additional paid-in capital |
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$ |
10,706,135 |
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$ |
(10,706,135) |
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$ |
— |
Retained earnings |
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$ |
(5,707,207) |
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$ |
(9,383,214) |
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$ |
(15,090,421) |
Total Stockholders’ Equity (Deficit) |
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$ |
5,000,003 |
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$ |
(20,089,550) |
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$ |
(15,089,547) |
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Statement of Cash Flows for the Three Months Ended March 31, 2021 (unaudited) |
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Initial classification of Class A common stock subject to possible redemption |
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$ |
301,630,950 |
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$ |
14,619,050 |
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$ |
316,250,000 |
Change in value of Class A common stock subject to possible redemption |
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5,053,370 |
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(5,053,370) |
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— |
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Statement of Cash Flows for the Six Months Ended June 30, 2021 (unaudited) |
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Initial classification of Class A common stock subject to possible redemption |
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$ |
301,630,950 |
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$ |
14,619,050 |
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$ |
316,250,000 |
Change in value of Class A common stock subject to possible redemption |
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(5,470,500) |
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5,470,500 |
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— |
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As Previously |
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Condensed Consolidated Statement of Changes in Stockholders’ Equity (Deficit) March 31, 2021 |
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Reported |
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Adjusted |
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As Restated |
Sales of 31,625,000 Units, net of underwriting discounts |
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298,798,535 |
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(298,798,535) |
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— |
Sale of 832,500 Private Placement Units (Private Placement Shares) |
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8,044,125 |
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— |
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8,044,125 |
Initial value of common stock subject to possible redemption at IPO date |
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(301,630,950) |
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301,630,950 |
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— |
Change in value of common stock subject to redemption |
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(5,053,370) |
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5,053,370 |
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— |
Accretion for Class A common stock to redemption amount |
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— |
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(17,451,465) |
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(17,451,465) |
Total stockholders’ equity (deficit) |
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5,000,010 |
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(9,565,680) |
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(4,565,670) |
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As Previously |
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Condensed Consolidated Statement of Changes in Stockholders’ Equity (Deficit) June 30, 2021 |
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Reported |
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Adjusted |
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As Restated |
Change in value of common stock subject to redemption |
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(5,470,500) |
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5,470,500 |
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— |
Total stockholders’ equity (deficit) |
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5,000,003 |
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(20,089,550) |
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(15,089,547) |
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Summary of Restatement of Net Income Loss Per Share [Table Text Block] |
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As Previously |
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As Previously |
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As Previously |
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Reported |
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As Restated |
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Reported |
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As Restated |
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Reported |
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As Restated |
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For the |
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For the Three |
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For the |
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For the |
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For the |
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For the |
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Three Months |
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Months |
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Three Months |
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Three Months |
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Six Months |
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Six Months |
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Ended |
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Ended |
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Ended |
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Ended |
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Ended |
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Ended |
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March 31, |
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March 31, |
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June 30, |
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June 30, |
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June 30, |
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June 30, |
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2021 |
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2021 |
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2021 |
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2021 |
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2021 |
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2021 |
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption |
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30,163,095 |
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31,625,000 |
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29,616,045 |
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31,625,000 |
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30,496,324 |
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31,625,000 |
Basic and diluted net loss per share,Class A common stock |
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$ |
— |
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$ |
0.12 |
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$ |
— |
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$ |
(0.27) |
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$ |
— |
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$ |
(0.15) |
Basic and diluted weighted average shares outstanding, Class B common stock subject to possible redemption |
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8,611,731 |
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7,715,000 |
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9,695,318 |
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7,715,000 |
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6,875,000 |
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7,715,000 |
Basic and diluted net loss per share, Class B common stock |
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$ |
0.56 |
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$ |
0.12 |
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$ |
(1.09) |
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$ |
(0.27) |
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$ |
(0.83) |
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$ |
(0.15) |
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