RedBall Acquisition (RBAC) 10-Q 13 Nov 20 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	4 Months Ended
	Sep. 30, 2020	Nov. 12, 2020
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Entity Interactive Data Current	Yes
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Registrant Name	REDBALL ACQUISITION CORP.
Entity Central Index Key	0001815184
Current Fiscal Year End Date	--12-31
Entity File Number	001-39440
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	true
Entity Ex Transition Period	false
Entity Address, State or Province	NY
Units, each consisting of one Class A ordinary share, par value $0.0001, and one-third of one redeemable warrant [Member]
Document Information [Line Items]
Title of 12(b) Security	Units, each consisting of one Class A ordinary share, par value $0.0001, and one-third of one redeemable warrant
Trading Symbol	RBAC.U
Security Exchange Name	NYSE
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, par value $0.0001 per share
Trading Symbol	RBAC
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		57,500,000
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		14,375,000
Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share [Member]
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share
Trading Symbol	RBAC WS
Security Exchange Name	NYSE

Condensed Balance Sheet

Condensed Balance Sheet	Sep. 30, 2020USD ($)
Current assets:
Cash	$ 1,700,392
Prepaid expenses	356,022
Total current assets	2,056,414
Investments held in Trust Account	575,104,289
Total Assets	577,160,703
Current liabilities:
Accrued expenses	426,597
Accounts payable	81,196
Total current liabilities	507,793
Deferred underwriting commissions	20,125,000
Total liabilities	20,632,793
Commitments and Contingencies
Class A ordinary shares, $0.0001 par value; 55,152,790 shares subject to possible redemption at $10.00 per share	551,527,900
Shareholders' Equity
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	0
Additional paid-in capital	5,468,653
Accumulated deficit	(470,316)
Total shareholder's equity	5,000,010
Total Liabilities and Shareholder's Equity	577,160,703
Common Class A [Member]
Shareholders' Equity
Common stock, value	235
Common Class B [Member]
Shareholders' Equity
Common stock, value	$ 1,438

Condensed Balance Sheet (Parent

Condensed Balance Sheet (Parenthetical)	Sep. 30, 2020$ / sharesshares
Preferred stock par or stated value per share | $ / shares	$ 0.0001
Preferred stock shares authorised	1,000,000
Preferred stock shares issued	0
Preferred stock shares outstanding	0
Temporary equity redemption price | $ / shares	$ 10
Common Class A [Member]
Common stock par or stated value per share | $ / shares	$ 0.0001
Common stock shares authorised	400,000,000
Common stock shares issued	2,347,210
Common stock shares outstanding	2,347,210
Temporary Equity, Par or Stated Value Per Share | $ / shares	$ 0.0001
Temporary shares outstanding	55,152,790
Temporary equity redemption price | $ / shares	$ 10
Common Class B [Member]
Common stock par or stated value per share | $ / shares	$ 0.0001
Common stock shares authorised	40,000,000
Common stock shares issued	14,375,000
Common stock shares outstanding	14,375,000

Condensed Statements Of Operati

Condensed Statements Of Operations - USD ($)	3 Months Ended	4 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
General and administrative expenses	$ 514,653	$ 538,315
Administrative expenses - related party	36,290	36,290
Loss from operations	(550,943)	(574,605)
Net gain from investments held in Trust Account	104,289	104,289
Net loss	$ (446,654)	$ (470,316)
Common Class A [Member]
Weighted average ordinary shares outstanding, basic and diluted	57,500,000	57,500,000
Basic and diluted net loss per share	$ 0	$ 0
Common Class B [Member]
Net loss	$ (447,000)	$ (470,000)
Weighted average ordinary shares outstanding, basic and diluted	14,375,000	14,375,000
Basic and diluted net loss per share	$ (0.04)	$ (0.04)

Condensed Statements of Changes

Condensed Statements of Changes in Shareholders' Equity - USD ($)	Total	Common Class A [Member]	Common Class B [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning Balance at Jun. 09, 2020	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning Balance (in shares) at Jun. 09, 2020		0	0
Issuance of Class B ordinary shares to Sponsor	25,000		$ 1,438	23,562
Issuance of Class B ordinary shares to Sponsor (in shares)			14,375,000
Net loss	(23,662)				(23,662)
Ending Balance at Jun. 30, 2020	1,338	$ 0	$ 1,438	23,562	(23,662)
Ending Balance (in shares) at Jun. 30, 2020		0	14,375,000
Beginning Balance at Jun. 09, 2020	0	$ 0	$ 0	0	0
Beginning Balance (in shares) at Jun. 09, 2020		0	0
Ending Balance at Sep. 30, 2020	5,000,010	$ 235	$ 1,438	5,468,653	(470,316)
Ending Balance (in shares) at Sep. 30, 2020		2,347,210	14,375,000
Beginning Balance at Jun. 30, 2020	1,338	$ 0	$ 1,438	23,562	(23,662)
Beginning Balance (in shares) at Jun. 30, 2020		0	14,375,000
Sale of units in initial public offering, gross [shares]		57,500,000
Sale of units in initial public offering, gross [value]	575,000,000	$ 5,750		574,994,250
Offering costs	(32,376,774)			(32,376,774)
Sale of private placement warrants to Sponsor	14,350,000			14,350,000
Shares subject to possible redemption [shares]		(55,152,790)
Shares subject to possible redemption [value]	(551,527,900)	$ (5,515)		(551,522,385)
Net loss	(446,654)				(446,654)
Ending Balance at Sep. 30, 2020	$ 5,000,010	$ 235	$ 1,438	$ 5,468,653	$ (470,316)
Ending Balance (in shares) at Sep. 30, 2020		2,347,210	14,375,000

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows - USD ($)	4 Months Ended
	Sep. 30, 2020
Cash Flows from Operating Activities:
Net loss	$ (470,316)
Adjustments to reconcile net loss to net cash used in operating activities:
General and administrative expenses paid by related party	37,791
Net gain from investments held in Trust Account	(104,289)
Changes in operating assets and liabilities:
Prepaid expenses	(356,022)
Accounts payable	81,196
Accrued expenses	341,597
Net cash used in operating activities	(470,043)
Cash Flows from Investing Activities:
Cash deposited in Trust Account	(575,000,000)
Net cash used in investing activities	(575,000,000)
Cash Flows from Financing Activities:
Repayment of note payable to related party	(235,986)
Proceeds received from initial public offering, gross	575,000,000
Proceeds received from private placement	14,350,000
Offering costs paid	(11,943,579)
Net cash provided by financing activities	577,170,435
Net increase in cash	1,700,392
Cash - beginning of the period	0
Cash - ending of the period	1,700,392
Supplemental disclosure of noncash investing and financing activities:
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor	25,000
Offering costs included in accrued expenses	85,000
Offering costs paid through note payable	198,195
Deferred underwriting commissions	20,125,000
Initial value of Class A ordinary shares subject to possible redemption	551,943,200
Change in value of Class A ordinary shares subject to possible redemption	$ (415,300)

Description of Organization, Bu

Description of Organization, Business Operations and Basis of Presentation	4 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Organization, Business Operations and Basis of Presentation	NOTE 1. DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND BASIS OF PRESENTATION RedBall Acquisition Corp. (the “Company”) is a newly incorporated blank check company incorporated in the Cayman Islands on June 10, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses that the Company has not yet identified (“Business Combination”). Although the Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination, the Company intends to focus on businesses in the sports, media and data analytics sectors, with a focus on professional sports franchises. The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities Act”), as modified by the Jumpstart our Business Startups Act of 2012 (the “JOBS Act”). At September 30, 2020, the Company had not yet commenced operations. All activity for the period from June 10, 2020 (inception) through September 30, 2020 relates to the Company’s formation and its preparation for the initial public offering (“Initial Public Offering”), which is described below, and since the Initial Public Offering, the search for a prospective initial Business Combination. The Company will not generate any operating revenue until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating The Company’s sponsor is RedBall SponsorCo LP, a Cayman Islands exempted limited partnership (“Sponsor”). The registration statement for the Company’s Initial Public Offering was declared effective on August 12, 2020. On August 17, 2020, the Company consummated its Initial Public Offering of 57,500,000 units (“Units” and, with respect to the Class A ordinary shares included in the Units being offered, the “Public Shares”), including the 7,500,000 Units as a result of the underwriters’ full exercise of their over-allotment option, at $10.00 per Unit, generating gross proceeds of $575.0 million, and incurring offering costs of approximately $32.4 million, inclusive of approximately $20.1 million in deferred underwriting commissions (Note 6). Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 9,566,667 warrants at a price of $1.50 per warrant (“Private Placement Warrants”) to the Sponsor, generating gross proceeds of approximately $14.4 million (Note 4). Upon the closing of the Initial Public Offering and the Private Placement, $575.0 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement were placed in a trust account (“Trust Account”) and invested in United States “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated The Company’s management has broad discretion with respect to the specific application of the net proceeds of its Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The Company’s initial Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the Trust Account (as defined below) (net of amounts disbursed to the Company’s management for working capital purposes and excluding the amount of any deferred underwriting discount held in trust) at the time the Company signs a definitive agreement in connection with the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act 1940, as amended, or the Investment Company Act. The Company will provide its holders of its ordinary shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). The per-share amount Notwithstanding the foregoing, the Company’s Amended and Restated Memorandum and Articles of Association provides that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 20% of the Class A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company. The Company’s Sponsor, executive officers, directors and director nominees have agreed not to propose an amendment to the Company’s Amended and Restated Memorandum and Articles of Association that would affect the substance or timing of the Company’s obligation to provide for the redemption of its Public Shares in connection with a Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination, unless the Company provides the public shareholders with the opportunity to redeem their Class A ordinary shares in conjunction with any such amendment. If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, In connection with the redemption of 100% of the Company’s outstanding Public Shares for a portion of the funds held in the Trust Account, each holder will receive a full pro rata portion of the amount then in the Trust Account, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company’s taxes payable (less up to $100,000 of interest to pay dissolution expenses). The Initial Shareholders have agreed to waive their liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Initial Shareholders should acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 6) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Company’s Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the trust account as of the date of the liquidation of the Trust Account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act . Basis of presentation The accompanying unaudited condensed financial statements are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for financial information and pursuant to the rules and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement of the balances and results for the periods presented. Operating results for the period from June 10, 2020 (inception) through September 30, 2020 are not necessarily indicative of the results that may be expected through December 31, 2020 or any future period. The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Current Report on Form 8-K Emerging growth company As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging Liquidity and Capital Resources The accompanying unaudited condensed financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. As of September 30, 2020, the Company had $ 1.7 million in its operating bank account and . The Company’s liquidity needs up to September 30, 2020 had been satisfied through the payment of $25,000 from the Sponsor to cover for certain offering costs on behalf of the Company in exchange for the issuance of the Founder Shares, the loan of approximately $236,000 from the Sponsor pursuant to the Note (see Note 5 Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity to meet its needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, the Company will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.

Summary of Significant Accounti

Summary of Significant Accounting Policies	4 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. Concentration of credit risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000, and investments held in Trust Account. At September 30, 2020, the Company had not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. Investments Held in the Trust Account The Company’s portfolio of investments held in the Trust Account is comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company’s investments held in the Trust Account are classified as trading securities. Trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in net gain from investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. Fair Value of Financial Instruments Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include: • Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement. As of September 30, 2020, the carrying values of cash, prepaid expenses, accounts payable, and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s investments held in Trust Account are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in a money market funds that comprise only U.S. treasury securities and are recognized at fair value. The fair value of investments held in Trust Account is determined using quoted prices in active markets. Offering costs associated with Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs were charged to additional paid- in capital upon the completion of the Initial Public Offering. Class A Ordinary Shares subject to possible redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, shares of Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at September 30, 2020, 55,152,790 shares of Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s unaudi ted Net loss per ordinary share The Company complies with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net loss per share is computed by dividing net loss by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 28,733,334 shares of Class A ordinary shares in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per share is the same as basic loss per share for the periods presented. The Company’s unaudited condensed statements of operations includes a presentation of income per share for ordinary share subject to redemption in a manner similar to the two-class method of Income taxes ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to September 30 There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman federal income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statements. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. Recent accounting pronouncements Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Initial Public Offering

Initial Public Offering	4 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Initial Public Offering	NOTE 3. INITIAL PUBLIC OFFERING On August 17 Each Unit consists of one Class A ordinary share, and one-third of one

Private Placement

Private Placement	4 Months Ended
	Sep. 30, 2020
Private Placement [Abstract]
Private Placement	NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of 9,566,667 Private Placement Warrants at a price of $1.50 per Private Placement Warrant to the Sponsor, generating gross proceeds of approximately $14.4 million. Each whole Private Placement Warrant is exercisable for one whole ordinary share at a price of $11.50 per share. A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable and The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.

Related Party Transactions

Related Party Transactions	4 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On June 10, 2020, the Company issued 14,375,000 Class B ordinary shares to the Sponsor (the “Founder Shares”) in exchange for a payment of $25,000 by the Sponsor to cover for certain offering costs on behalf of the Company. The holders of the Founder Shares agreed to forfeit up to an aggregate of 1,875,000 Founder Shares, on a pro rata basis, to the extent that the option to purchase additional units is not exercised in full by the underwriters, so that the Founder Shares w ould The Initial Shareholders have agreed not to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (i) one year after the completion of the initial Business Combination or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property. Any permitted transferees will be subject to the same restrictions and other agreements of the initial shareholders with respect to any Founder Shares. Notwithstanding the foregoing, if the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share splits, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day the lock-up. Related Party Loans On June 10, 2020, the Sponsor agreed to loan the Company up to $300,000 to be used for the payment of costs related to the Initial Public Offering pursuant to a promissory note (the “Note”). The Note is non-interest bearing, In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1.50 million of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants. To date, the Company had no borrowings under the Working Capital Loans. Administrative Support Agreement The Company agreed to pay the Sponsor a total of $25,000 per month, commencing on the date that the Company’s securities are first listed on the New York Stock Exchange, for office space, utilities, secretarial and administrative support services provided to members of the management team. Upon completion of the initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. The Company incurred approximately $36,000 for these fees in the three months ended September 30, 2020 and for the period from June 10, 2020 (inception) through September 30, 2020, which is included in accounts payable on the unaudited condensed balance sheet.

Commitments And Contingencies

Commitments And Contingencies	4 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	NOTE 6. COMMITMENTS AND CONTINGENCIES Registration and Shareholder Rights The holders of Founder Shares, Private Placement Warrants, Forward Purchase Securities and warrants that may be issued upon conversion of Working Capital Loans, if any, are entitled to registration rights pursuant to a registration rights agreement. These holders will be entitled to certain demand and “piggyback” registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until the termination of the applicable lock-up period for Underwriting Agreement The Company granted the underwriters a 45-day option its The underwriters were entitled to an underwriting discount of $0.20 per unit, or $11.5 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, the underwriters were entitled to a deferred underwriting commission of $0.35 per unit, or approximately $20.1 million in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. Forward Purchase Agreements The Company has entered into forward purchase agreements (the “Forward Purchase Agreements”), pursuant to which RedBird Series 2019, LP and RedBird Series 2019 GP Co-Invest, Risks and Uncertainties Management continues to evaluate the impact of the COVID-19

Shareholders' Equity

Shareholders' Equity	4 Months Ended
	Sep. 30, 2020
Shareholders Equity [Abstract]
Shareholders' Equity	NOTE 7. SHAREHOLDERS’ EQUITY Class A Ordinary Shares — a nd Class B Ordinary Shares — issued and Holders of the Company’s Class B ordinary shares are entitled to one vote for each share. The Class B ordinary shares and will automatically convert into Class A ordinary shares on the first business day following the consummation of the initial Business Combination, or earlier at the option of the holder thereof, on a one-for-one basis, than one-for-one basis. Preference Shares — shares Warrants — The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A ordinary shares issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable so The warrant has an exercise price of $11.50 per share and will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the Initial Shareholders or their affiliates, without taking into account any Founder Shares held by the Initial Shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described below will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. Once the warrants become exercisable, the Company may redeem the outstanding warrants (except as described with respect to the Private Placement Warrants): • in whole and not in part; • at a price of $0.01 per warrant; • upon a minimum of 30 • if, and only if, the closing price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for share splits, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 If the Company calls the Public Warrants for redemption as described above, management will have the option to require all holders that wish to exercise the Public Warrants to do so on a “cashless basis,” as described in the warrant agreement. The exercise price and number of Class A ordinary shares issuable upon exercise of the warrants may be adjusted in certain circumstances including in the event of a share capitalization, or recapitalization, reorganization, merger or consolidation. However, the warrants will not be adjusted for issuance of Class A ordinary shares at a price below its exercise price. Additionally, in no event will the Company be required to net cash settle the warrants shares. If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.

Fair Value Measurements

Fair Value Measurements	4 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 8. FAIR VALUE MEASUREMENTS The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of September 30, 2020 by level within the fair value hierarchy: Description Quoted Significant Significant Investments held in Trust Account U.S. Treasury Securities $ 575,104,289 $ — $ — Transfers to/from Levels 1, 2, and 3 are recognized at the end of the reporting period. There were no transfers between levels for the three months ended September 30, 2020 and for the period from June 10, 2020 (inception) through September 30, 2020. Level 1 instruments include investments in U.S. Treasury securities with a maturity of 185 days or less . The Company uses inputs such as actual trade data, benchmark yields, quoted market prices from dealers or brokers, and other similar sources to determine the fair value of its investments.

Subsequent Events

Subsequent Events	4 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 9. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the unaudited condensed balance sheet date up to November 1 3

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	4 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Use of estimates	Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
Concentration of credit risk	Concentration of credit risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000, and investments held in Trust Account. At September 30, 2020, the Company had not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.
Investments Held in the Trust Account	Investments Held in the Trust Account The Company’s portfolio of investments held in the Trust Account is comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company’s investments held in the Trust Account are classified as trading securities. Trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in net gain from investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include: • Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement. As of September 30, 2020, the carrying values of cash, prepaid expenses, accounts payable, and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s investments held in Trust Account are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in a money market funds that comprise only U.S. treasury securities and are recognized at fair value. The fair value of investments held in Trust Account is determined using quoted prices in active markets.
Offering costs associated with Initial Public Offering	Offering costs associated with Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs were charged to additional paid- in capital upon the completion of the Initial Public Offering.
Class A Ordinary Shares subject to possible redemption	Class A Ordinary Shares subject to possible redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, shares of Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at September 30, 2020, 55,152,790 shares of Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s unaudi ted
Net loss per ordinary share	Net loss per ordinary share The Company complies with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net loss per share is computed by dividing net loss by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 28,733,334 shares of Class A ordinary shares in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per share is the same as basic loss per share for the periods presented. The Company’s unaudited condensed statements of operations includes a presentation of income per share for ordinary share subject to redemption in a manner similar to the two-class method of
Income taxes	Income taxes ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to September 30 There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman federal income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statements. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.
Recent accounting pronouncements	Recent accounting pronouncements Management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	4 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Summary of Financial Assets that are Measured at Fair Value on a Recurring Basis	The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of September 30, 2020 by level within the fair value hierarchy: Description Quoted Significant Significant Investments held in Trust Account U.S. Treasury Securities $ 575,104,289 $ — $ —

Description of Organization, _2

Description of Organization, Business Operations and Basis of Presentation - Additional Information (Detail) - USD ($)	Aug. 17, 2020	Jun. 30, 2020	Sep. 30, 2020	Sep. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from initial public offer gross				$ 575,000,000
Proceeds from issuance of private placement				$ 14,350,000
Term of restricted investments				185 days
Percentage of amount of trust assets of target company excluding working capital underwriting commission and tax			80.00%	80.00%
Equity method investment ownership percentage			50.00%	50.00%
Temporary equity recemption price per share			$ 10	$ 10
Percentage of public shareholding to be redeemed in case of non occurrence of business combination			100.00%	100.00%
Number of business days after the last date for effecting business combination within which the public shares shall be redeemed				10 days
Estimated amount of expenses payable on dissolution			$ 100,000	$ 100,000
Per share amount to be maintained in the trust account for redemption			$ 10	$ 10
Cash in operating bank account			$ 1,700,000	$ 1,700,000
Net working capital			1,500,000	1,500,000
Stock shares issued during the period value for services		$ 25,000
Post Business Combination Net Worth Requirement to Effect Business Combination [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Networth needed post business combination			$ 5,000,001	$ 5,000,001
Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Shares issued during the period new issues shares			57,500,000
Temporary equity recemption price per share			$ 10	$ 10
Sponsor [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Stock shares issued during the period value for services				$ 25,000
Proceeds from related party debt				236,000
Short term borrowings			$ 0	$ 0
IPO [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Shares issued during the period new issues shares	57,500,000
Sale of stock issue price per share	$ 10		$ 10	$ 10
Proceeds from initial public offer gross	$ 575,000,000			$ 575,000,000
Stock issuance costs	32,400,000
Deferred underwriting commissions payable current	$ 20,100,000
IPO [Member] | Common Class A [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of the public shareholding eligible for transfer without restriction			20.00%	20.00%
Over-Allotment Option [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Shares issued during the period new issues shares	7,500,000
Sale of stock issue price per share	$ 10
Private Placement [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Sale of stock issue price per share			$ 10	$ 10
Proceeds from issuance of private placement				$ 575,000,000
Class of warrants or rights number of warrants issued during the period				9,566,667
Class of warrants or rights issue price per warrant			$ 1.50	$ 1.50
Proceeds from issue of warrants				$ 14,400,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Detail)	3 Months Ended	4 Months Ended
	Sep. 30, 2020USD ($)shares	Sep. 30, 2020USD ($)shares
Summary Of Significant Accounting Policies [Line Items]
Cash insured with federal insurance corporation	$ 250,000	$ 250,000
Unrecognised tax benefits	0	0
Accrued interest and penalties on unrecognised tax benefits	0	0
Net loss	$ 446,654	$ 470,316
Common Class A [Member]
Summary Of Significant Accounting Policies [Line Items]
Common stock shares subject to possible redemption | shares	55,152,790	55,152,790
Antidilutive securities excluded from the computation of earnings per share | shares		28,733,334
Investment income earned in trust account net of applicable taxes	$ 104,000	$ 104,000
Common Class B [Member]
Summary Of Significant Accounting Policies [Line Items]
Net loss	$ 447,000	$ 470,000

Initial Public Offering - Addit

Initial Public Offering - Additional Information (Detail) - USD ($)	Aug. 17, 2020	Sep. 30, 2020	Sep. 30, 2020
Subsidiary, Sale of Stock [Line Items]
Proceeds from initial public offer gross			$ 575,000,000
Common Class A [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued during the period new issues shares		57,500,000
Class of warrants or rights number of securities called by each warrant or right	1
Class of warrants or rights exercise price of warrants or rights	$ 11.50
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued during the period new issues shares	57,500,000
Sale of stock issue price per share	$ 10	$ 10	$ 10
Proceeds from initial public offer gross	$ 575,000,000		$ 575,000,000
Stock issuance costs	32,400,000
Deferred underwriting commissions payable current	$ 20,100,000
Over-Allotment Option [Member]
Subsidiary, Sale of Stock [Line Items]
Shares issued during the period new issues shares	7,500,000
Sale of stock issue price per share	$ 10

Private Placement - Additional

Private Placement - Additional Information (Detail) - Private Placement [Member] $ / shares in Units, $ in Millions	4 Months Ended
	Sep. 30, 2020USD ($)$ / sharesshares
Number of warrants issued | shares	9,566,667
Warrants issue price per warrant	$ 1.50
Proceeds from Issuance of Warrants | $	$ 14.4
Warrant exercise price	$ 11.50

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Aug. 17, 2020	Jun. 10, 2020	Sep. 30, 2020	Sep. 30, 2020
Related Party Transaction [Line Items]
Due to Related Parties	$ 236,000	$ 300,000
Related party transaction service fee per month				$ 25,000
Accounts Payable [Member]
Related Party Transaction [Line Items]
Accrued business combination monthly fees			$ 36,000	36,000
Private Placement [Member]
Related Party Transaction [Line Items]
Warrants issue value				$ 1,500,000
Warrants issue price per warrant			$ 1.50	$ 1.50
IPO [Member]
Related Party Transaction [Line Items]
Shares issued during the period new issues shares	57,500,000
Percent of convertible share to outstanding shares		20.00%
Common Class A [Member]
Related Party Transaction [Line Items]
Shares issued during the period new issues shares			57,500,000
Percent of convertible share to outstanding shares			20.00%	20.00%
Share Price		$ 12
Common Class B [Member]
Related Party Transaction [Line Items]
Shares issued during the period new issues shares		14,375,000
Proceeds from issuance of common stock		$ 25,000
Shares subject to forfeiture		1,875,000

Commitments And Contingencies -

Commitments And Contingencies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Aug. 17, 2020	Sep. 30, 2020
Private Placement [Member]
Sale of Stock, Price Per Share		$ 10
Underwriting Agreement [Member]
Option to Purchase Additional Units	7,500,000
Underwriting Discount Per Unit	$ 0.20
Underwriting Discount Value	$ 11.5
Underwriting Commission Per Unit	$ 0.35
Underwriting Commission	$ 20.1
Forward Purchase Agreements [Member] | Private Placement [Member]
Sale of Stock, Consideration Received on Transaction	$ 100
Sale of Stock, Price Per Share	$ 10

Shareholders Equity - Additiona

Shareholders Equity - Additional Information (Detail) - $ / shares	Jun. 10, 2020	Sep. 30, 2020	Sep. 30, 2020	Aug. 17, 2020
Preferred Stock, Shares Authorized		1,000,000	1,000,000
Preferred Stock, Shares Issued		0	0
Shares Issued, Price Per Share		$ 18	$ 18
Percent of gross proceeds to equity proceeds		60.00%	60.00%
Warrant redemption price		$ 0.01	$ 0.01
Share Issue Price One [Member]
Shares Issued, Price Per Share		$ 9.20	$ 9.20
Percent of redemption trigger price to market value and issue price		115.00%	115.00%
Share Issue Price Two [Member]
Percent of redemption trigger price to market value and issue price		180.00%	180.00%
Share redemption trigger price		$ 18	$ 18
Preferred Stock [Member]
Preferred Stock, Shares Authorized		1,000,000	1,000,000
Preferred Stock, Shares Issued		0	0
Private Placement [Member]
Warrant exercise price		$ 11.50	$ 11.50
Warrant term			5 years
Common Class A [Member]
Common Stock, Shares Authorized		400,000,000	400,000,000
Common Stock, Par or Stated Value Per Share		$ 0.0001	$ 0.0001
Common Stock, Shares, Issued		2,347,210	2,347,210
Stock Issued During Period, Shares, New Issues		57,500,000
Common Stock, Shares, Outstanding		2,347,210	2,347,210
Temporary Equity, Shares Outstanding		55,152,790	55,152,790
Percent of convertible share to outstanding shares		20.00%	20.00%
Warrant exercise price				$ 11.50
Common Class B [Member]
Common Stock, Shares Authorized		40,000,000	40,000,000
Common Stock, Par or Stated Value Per Share		$ 0.0001	$ 0.0001
Common Stock, Shares, Issued	14,375,000	14,375,000	14,375,000
Stock Issued During Period, Shares, New Issues	14,375,000
Common Stock, Shares, Outstanding		14,375,000	14,375,000
Shares subject to forfeiture	1,875,000

Fair Value Measurements - Summ

Fair Value Measurements - Summary of Financial Assets that are Measured at Fair Value on a Recurring Basis (Detail) - Investments Held In Trust [Member] - US Treasury Securities [Member]	Sep. 30, 2020USD ($)
Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Trust Account	$ 575,104,289
Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Trust Account	0
Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investments held in Trust Account	$ 0