Health Assurance Acquisition (HAAC) 10-Q 11 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 11, 2022
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Entity File Number	001-39702
Entity Registrant Name	Health Assurance Acquisition Corp.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-2899745
Entity Address State Or Province	MA
Entity Address, Address Line One	20 University Road
Entity Address, City or Town	Cambridge
Entity Address, Postal Zip Code	02138
City Area Code	617
Local Phone Number	234-7000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	true
Entity Central Index Key	0001824013
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
SAIL Securities
Title of 12(b) Security	Class A Common Stock, $0.0001 par value
Trading Symbol	HAACU
Security Exchange Name	NASDAQ
Class A common stock
Title of 12(b) Security	Class A Common Stock included as part of the SAILSM securities
Trading Symbol	HAAC
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		52,500,000
Redeemable warrants
Title of 12(b) Security	Class A Common Stock at an exercise price of $11.50
Trading Symbol	HAACW
Security Exchange Name	NASDAQ
Class B common stock
Entity Common Stock, Shares Outstanding		2,625,000

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 256,075	$ 1,084,776
Prepaid expenses	316,140	645,203
Total current assets	572,215	1,729,979
Investments held in Trust Account	525,722,233	525,244,169
Total Assets	526,294,448	526,974,148
Current liabilities:
Accounts payable	11,965	63,817
Accrued expenses	2,666,918	2,617,283
Franchise tax payable	17,978	160,248
Income tax payable	82,678	6,744
Total current liabilities	2,779,539	2,848,092
Deferred legal fees	2,743,249	2,743,249
Deferred underwriting commissions in connection with the initial public offering	18,375,000	18,375,000
Derivative warrant liabilities	3,222,920	20,693,750
Total liabilities	27,120,708	44,660,091
Class A common stock subject to possible redemption, $0.0001 par value; 52,500,000 shares issued and outstanding at $10.00 per share redemption value at March 31, 2022 and December 31, 2021, respectively	525,211,026	525,000,000
Stockholders' Deficit:
Preferred stock, $0.0001 par value 10,000,000 shares authorized none issued or outstanding at March 31, 2022 and December 31, 2021
Additional paid-in capital
Accumulated deficit	(26,037,549)	(42,686,206)
Total stockholders' deficit	(26,037,286)	(42,685,943)
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders' Deficit	526,294,448	526,974,148
Class A common stock
Stockholders' Deficit:
Common Stock
Class B common stock
Stockholders' Deficit:
Common Stock	$ 263	$ 263

CONDENSED BALANCE SHEETS (Paren

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Shares subject to possible redemption, par value per share	$ 0.0001
Class A common stock subject to redemption, shares outstanding	52,500,000	52,500,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Class A common stock
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	700,000,000	700,000,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0
Class A common stock subject to redemption
Shares subject to possible redemption, par value per share	$ 0.0001	$ 0.0001
Class A common stock subject to redemption, shares issued	52,500,000	52,500,000
Class A common stock subject to redemption, shares outstanding	52,500,000	52,500,000
Shares subject to possible redemption, redemption value per share	$ 10.004	$ 10
Class B common stock
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	2,625,000	2,625,000
Common stock, shares outstanding	2,625,000	2,625,000

UNAUDITED CONDENSED STATEMENTS

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
General and administrative expenses	$ 333,265	$ 1,186,371	$ 896,803	$ 5,040,790
Franchise tax expense	49,863	49,863	116,474	49,863
Loss from operations	(383,128)	(1,236,234)	(1,013,277)	(5,090,653)
Change in fair value of derivative warrant liabilities	9,420,830	25,666,660	17,470,830	27,270,830
Gain on investments held in Trust Account	290,690	11,456	478,064	163,772
Income before income tax expense (benefit)	9,328,392	24,441,882	16,935,617	22,343,949
Income tax expense (benefit)	50,574	(8,065)	75,934	23,921
Net income	$ 9,277,818	$ 24,449,947	$ 16,859,683	$ 22,320,028
Diluted net income per share			$ 0.31	$ 0.40
Class A common stock
Weighted average shares outstanding - basic	52,500,000	52,500,000	52,500,000	52,500,000
Weighted average shares outstanding - diluted	52,500,000	52,500,000	52,500,000	52,500,000
Basic net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Diluted net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Class B common stock
Weighted average shares outstanding - basic	2,625,000	2,625,000	2,625,000	2,625,000
Weighted average shares outstanding - diluted	2,625,000	2,625,000	2,625,000	2,625,000
Basic net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Diluted net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40

UNAUDITED CONDENSED STATEMENT_2

UNAUDITED CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)	Class A common stock Common Stock	Class B common stock Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at the beginning at Dec. 31, 2020		$ 263		$ (89,294,190)	$ (89,293,927)
Balance at the beginning (in shares) at Dec. 31, 2020		2,625,000
Net income (loss)	$ 0	$ 0	$ 0	(2,129,919)	(2,129,919)
Balance at the ending at Mar. 31, 2021		$ 263		(91,424,109)	(91,423,846)
Balance at the ending (in shares) at Mar. 31, 2021		2,625,000
Balance at the beginning at Dec. 31, 2020		$ 263		(89,294,190)	(89,293,927)
Balance at the beginning (in shares) at Dec. 31, 2020		2,625,000
Net income (loss)					22,320,028
Balance at the ending at Jun. 30, 2021		$ 263		(66,974,162)	(66,973,899)
Balance at the ending (in shares) at Jun. 30, 2021		2,625,000
Balance at the beginning at Dec. 31, 2020		$ 263		(89,294,190)	(89,293,927)
Balance at the beginning (in shares) at Dec. 31, 2020		2,625,000
Increase in Class A common stock subject to possible redemption					(57,461,260)
Balance at the ending at Dec. 31, 2021	$ 0	$ 263	0	(42,686,206)	(42,685,943)
Balance at the ending (in shares) at Dec. 31, 2021	0	2,625,000
Balance at the beginning at Mar. 31, 2021		$ 263		(91,424,109)	(91,423,846)
Balance at the beginning (in shares) at Mar. 31, 2021		2,625,000
Net income (loss)				24,449,947	24,449,947
Balance at the ending at Jun. 30, 2021		$ 263		(66,974,162)	(66,973,899)
Balance at the ending (in shares) at Jun. 30, 2021		2,625,000
Balance at the beginning at Dec. 31, 2021	$ 0	$ 263	0	(42,686,206)	(42,685,943)
Balance at the beginning (in shares) at Dec. 31, 2021	0	2,625,000
Increase in Class A common stock subject to possible redemption				(20,773)	(20,773)
Net income (loss)				7,581,865	7,581,865
Balance at the ending at Mar. 31, 2022		$ 263		(35,125,114)	(35,124,851)
Balance at the ending (in shares) at Mar. 31, 2022		2,625,000
Balance at the beginning at Dec. 31, 2021	$ 0	$ 263	0	(42,686,206)	(42,685,943)
Balance at the beginning (in shares) at Dec. 31, 2021	0	2,625,000
Net income (loss)					16,859,683
Balance at the ending at Jun. 30, 2022	$ 0	$ 263	0	(26,037,549)	(26,037,286)
Balance at the ending (in shares) at Jun. 30, 2022	0	2,625,000
Balance at the beginning at Mar. 31, 2022		$ 263		(35,125,114)	(35,124,851)
Balance at the beginning (in shares) at Mar. 31, 2022		2,625,000
Increase in Class A common stock subject to possible redemption				(190,253)	(190,253)
Net income (loss)				9,277,818	9,277,818
Balance at the ending at Jun. 30, 2022	$ 0	$ 263	$ 0	$ (26,037,549)	$ (26,037,286)
Balance at the ending (in shares) at Jun. 30, 2022	0	2,625,000

UNAUDITED CONDENSED STATEMENT_3

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash Flows from Operating Activities:
Net income	$ 16,859,683	$ 22,320,028
Adjustments to reconcile net income to net cash used in operating activities:
Change in fair value of derivative warrant liabilities	(17,470,830)	(27,270,830)
Gain on investments held in Trust Account	(478,064)	(163,772)
Changes in operating assets and liabilities:
Prepaid expenses	329,063	348,789
Accounts payable	(51,852)	14,236
Accrued expenses	119,635	(841,126)
Franchise tax payable	(142,270)	10,426
Income tax payable	75,934	23,922
Deferred legal fees		2,800,976
Net cash used in operating activities	(758,701)	(2,757,351)
Cash Flows from Financing Activities:
Payment of offering costs	(70,000)
Net cash used in financing activities	(70,000)
Net change in cash	(828,701)	(2,757,351)
Cash - beginning of the period	1,084,776	4,615,094
Cash - end of the period	$ 256,075	$ 1,857,743

Description of Organization and

Description of Organization and Business Operations	6 Months Ended
	Jun. 30, 2022
Description of Organization and Business Operations
Description of Organization and Business Operations	Note 1—Description of Organization and Business Operations Health Assurance Acquisition Corp. (the “Company”) was incorporated as a Delaware corporation on September 8, 2020. The Company’s initial stockholders were HAAC Sponsor, LLC (the “Sponsor”), a wholly owned subsidiary of General Catalyst Group X-Early Venture, L.P., a Delaware limited partnership, Health Assurance Economy Foundation, a charitable foundation (“Foundation”), and any other holders of Alignment Shares (as described in Note 4) immediately prior to the offering, collectively, “Initial Stockholders.” The Company was formed for the purpose of effectuating a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (herein referred to as “Initial Business Combination”). The Company has not selected any business combination target and it has not, nor has anyone on the Company’s behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. The Company will not be limited to a particular industry or geographic region in its identification and acquisition of a target company. The Company’s management has broad discretion with respect to the specific application of the net proceeds from its initial public offering (the “Initial Public Offering”) of its securities called Stakeholder Aligned Initial Listing Securities, or SAILSM Securities (“SAILSM Securities”), although substantially all of the net proceeds of the Initial Public Offering are intended to be generally applied toward completing an Initial Business Combination. Furthermore, there is no assurance that the Company will be able to complete an Initial Business Combination. As of June 30, 2022, the Company had not commenced any operations. All activity for the period from September 8, 2020 (inception) through June 30, 2022 relates to the Company’s formation and the initial public offering (the “Initial Public Offering”), described below, and since the closing of the Initial Public Offering, the search for a prospective Initial Business Combination. The Company will not generate any operating revenues until after the completion of its Initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering (as defined below). The registration statement for the Company’s Initial Public Offering was declared effective on November 12, 2020. On November 17, 2020, the Company consummated the Initial Public Offering of 52,500,000 of its SAILSM Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 11,666,666 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”), including 333,333 Private Placement Warrants as a result of the underwriters’ exercise in part of their over-allotment option, at a price of $1.50 per Private Placement Warrant in a private placement with the Sponsor and certain directors of the Company (the “Private Placement Warrants Purchasers”), generating gross proceeds of $17.5 million (Note 4). Upon the closing of the Initial Public Offering and the Private Placement, $525.0 million ($10.00 per SAILSM Security) of the net proceeds of the sale of the SAILSM Securities in the Initial Public Offering and the Private Placement were placed in a trust account (“Trust Account”) located in the United States with Continental Stock Transfer & Trust Company acting as trustee, and held as cash or invested only in U.S. “government securities,” within the meaning set forth in Section 2(a)(16) of the Investment Company Act, of 1940, as amended (the “Investment Company Act”) with a maturity of 185 days or less, or in money market funds meeting certain conditions under the Investment Company Act, which invest only in direct U.S. government treasury obligations, as determined by the Company, until the earlier of (i) the completion of a Business Combination and (ii) the distribution of the Trust Account as described below. Pursuant to stock exchange listing rules, the Company must complete an Initial Business Combination with one or more target businesses having an aggregate fair market value of at least 80% of the net assets held in the Trust Account (as defined below) (excluding the taxes payable on the income earned on the Trust Account) at the time of signing a definitive agreement in connection with the Initial Business Combination. However, the Company will only complete an Initial Business Combination if the post-transaction company owns or acquires 50% or more of the voting securities of the target or otherwise is not required to register as an investment company under the Investment Company Act. The Company, after signing a definitive agreement for an Initial Business Combination, will either (i) seek stockholder approval of the Initial Business Combination at a meeting called for such purpose in connection with which Public Stockholders may seek to redeem their shares of Class A common stock underlying the SAILSM securities (the “Public Shares”), regardless of whether they vote for or against the Initial Business Combination or do not vote at all, for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account calculated as of two business days prior to the consummation of the Initial Business Combination, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its taxes, or (ii) provide the Public Stockholders with the opportunity to redeem all or a portion of their public shares upon the completion of the Company’s initial business combination at $10.00 per share and the per share interest earned on the funds held in the trust account (net of permitted withdrawals). As a result, such common stock will be recorded at redemption amount and classified as temporary equity upon the completion of the Initial Public Offering, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, “Distinguishing Liabilities from Equity.” The amount in the Trust Account is initially $10.00 per Public Share. The decision as to whether the Company will seek stockholder approval of the Initial Business Combination or will allow stockholders to sell their shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval. If the Company seeks stockholder approval, it will complete the Initial Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Initial Business Combination. However, in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001 immediately prior to or upon consummation of an Initial Business Combination. In such case, the Company would not proceed with the redemption of its Public Shares and the related business combination, and instead may search for an alternate business combination. Notwithstanding the foregoing, the Company’s Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder 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 15% or more of the shares of common stock sold in the Initial Public Offering, without the prior consent of the Company. The Company will only have 24 months from the closing of the Initial Public Offering, or until November 17, 2022 to complete the Initial Business Combination (or such later date as approved by holders of a majority of outstanding shares of common stock of the Company that are voted at a meeting to extend such date, voting together as a single class) (the “Business Combination Period”). If the Company does not complete an Initial Business Combination within this period of time (and stockholders do not approve an amendment to the Certificate of Incorporation to extend this date), it will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten The Initial Stockholders, officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to (i) waive their redemption rights with respect to any Alignment Shares (as defined in Note 4) and Public Shares they hold in connection with the completion of the Initial Business Combination, (ii) waive their redemption rights with respect to any Alignment Shares and Public Shares they hold in connection with a stockholder vote to approve an amendment to the Company’s Certificate of Incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if the Company has not consummated an Initial Business Combination within the Business Combination Period or with respect to any other material provisions relating to stockholders’ rights or pre-combination transaction activity and (iii) waive their rights to liquidating distributions from the Trust Account with respect to any Alignment Shares they hold if the Company fails to complete an Initial Business Combination within the Business Combination Period (although they will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares they hold if the Company fails to complete an Initial Business Combination within the Business Combination Period). Liquidity and As of June 30, 2022, the Company had approximately $256,000 Prior to the Initial Public Offering, the Company’s liquidity needs were satisfied through a payment of $25,000 from the Initial Stockholders in exchange for the issuance of the Alignment Shares and proceeds from a loan of $300,000 pursuant to a note agreement from the Company’s Sponsor (the “Note”). The Company repaid the Note in full on November 18, 2020. Following the consummation of the Initial Public Offering and Private Placement, the Company’s liquidity needs have been satisfied with the proceeds from the Private Placement not held in the Trust Account. In addition, in order to finance transaction costs in connection with a Business Combination, the Company’s Sponsor may, but is not obligated to, provide the Company with working capital loans. As of June 30, 2022 and December 31, 2021, there were no amounts outstanding under any working capital loans. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC Topic 205-40, “Presentation of Financial Statements - Going Concern,” the Company has until November 17, 2022 to consummate a Business Combination. It is uncertain that the Company will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the liquidity condition and mandatory liquidation, should a Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after November 17, 2022.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Summary of Significant Accounting Policies
Basis of Presentation and Summary of Significant Accounting Policies	Note 2—Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the period for the three and six months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022 or any future period. The accompanying condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Form 10-K filed by the Company with the SEC on March 30, 2022. Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it 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 stockholder 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 growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s condensed financial statements with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Use of Estimates The preparation of condensed 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 condensed financial statements and the reported amounts of income 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 unaudited condensed 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. The Company does not have any cash equivalents as of June 30, 2022 and December 31, 2021. Investments Held in Trust Account The Company’s portfolio of investments 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 and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of U.S. government securities, the investments are classified as trading securities. When the Company’s investments held in the Trust Account are comprised of money market funds, the investments are recognized at fair value. Trading securities and investments in money market funds are presented on the condensed balance sheets 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 gain on investments held in the Trust Account in the accompanying unaudited condensed statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. As of June 30, 2022 and December 31, 2021, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such accounts. Fair Value of Financial Instruments The carrying value of the Company’s assets and liabilities recognized in the condensed balance sheets, which qualify as financial instruments under the FASB ASC Topic 820, “Fair Value Measurements,” equals or approximates the fair values for such assets and liabilities either because of the short-term nature or because the instrument is recognized at fair value. Fair Value Measurements 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 (measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers consist of: ● Level 1, defined as observable inputs such as quoted prices 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. Derivative Warrant Liabilities The Company does not use derivative instruments to hedge its exposures to cash flow, market or foreign currency risks. Management evaluates all of the Company’s financial instruments, including issued warrants to purchase its Class A common stock, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC Topic 815, “Derivatives and Hedging” (“ASC 815”). The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period. The Public Warrants and the Private Placement Warrants are recognized as derivative liabilities in accordance with ASC 815. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjust the instruments to fair value at each reporting period until they are exercised. Their re-measurement to fair value is recognized in the Company’s condensed statements of operations. The fair value of Public Warrants was initially calculated using a modified Black-Scholes option pricing model, and subsequent to their being separately listed and traded, the Public Warrants are measured at their market price. The fair value of Private Placement Warrants was calculated using a modified Black-Scholes Option Pricing Model. The determination of the fair value of the warrant liability may be subject to change as more current information becomes available and accordingly the actual results could differ significantly. Derivative warrant liabilities are classified as non-current liabilities as their liquidation is not reasonably expected to require the use of current assets or require the creation of current liabilities. Class A Common Stock Subject to Possible Redemption The shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable shares of Class A common stock (including shares of Class A common stock 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 common stock are classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events, Accordingly, at June 30, 2022 and December 31, 2021, 52,500,000 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, outside of the stockholders’ deficit section of the Company’s condensed balance sheets. Under ASC 480-10-S99, the Company has elected to recognize changes in the redemption value immediately as they occur and adjust the carrying value of the security to equal the redemption value at the end of the reporting period. This method would view the end of the reporting period as if it were also the redemption date of the security. Effective with the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption amount, which resulted in charges against additional paid-in capital (to the extent available) and accumulated deficit. Subsequently, the Company recognizes changes in the redemption value as an increase in Class A common stock subject to possible redemption, as reflected on the accompanying unaudited condensed statements of changes in stockholders’ deficit. Offering Costs Associated with the Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs. Offering costs are allocated to the separable financial instruments issued in the Initial Public Offering based on a relative fair value basis, compared to total proceeds received. Offering costs allocated to the warrant liabilities are expensed as incurred and presented as non-operating expenses in the condensed statements of operations. Offering costs associated with the Public Shares were charged against the carrying value of the Class A common stock upon the completion of the Initial Public Offering. The Company classifies deferred underwriting commissions as non-current liabilities as their liquidation is not reasonably expected to require the use of current assets or require the creation of current liabilities. Income Taxes The Company’s taxable income primarily consists of interest income on the Trust Account. The Company’s general and administrative expenses are generally considered start-up costs and are not currently deductible. The Company follows the asset and liability method of accounting for income taxes under FASB ASC Topic 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB 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 be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of June 30, 2022 and December 31, 2021. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of June 30, 2022 and December 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. Net Income Per Share of Common Stock The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A common stock and Class B common stock. Income and losses are shared pro rata between the two classes of shares, which assumes a business combination as the most likely outcome. Net income per common share is calculated by dividing the net income, by the weighted average shares of common stock outstanding for the respective period. The calculation of diluted net income does not consider the effect of the warrants underlying the SAILSM securities sold in the Initial Public Offering and the Private Placement Warrants to purchase an aggregate of 24,791,666 shares of Class A common stock in the calculation of diluted income per share because their exercise is contingent upon future events. Accretion associated with the redeemable Class A common stock is excluded from earnings per share as the redemption value approximates fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per share for each class of common stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ For the Three Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ ​ ​ ​ ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 8,836,017 ​ $ 441,801 ​ $ 23,285,664 ​ $ 1,164,283 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.17 ​ $ 0.17 ​ $ 0.44 ​ $ 0.44 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Six Months Ended June ​ For the Six Months Ended June ​ ​ 30, 2022 ​ 30, 2021 ​ ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ Numerator: ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 16,056,841 ​ $ 802,842 ​ $ 21,257,170 ​ $ 1,062,858 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ 52,500,000 ​ 2,625,000 ​ 52,500,000 ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.31 ​ $ 0.31 ​ $ 0.40 ​ $ 0.40 ​ Recent Accounting Pronouncement 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 accompanying unaudited condensed financial statements.

Initial Public Offering

Initial Public Offering	6 Months Ended
	Jun. 30, 2022
Initial Public Offering
Initial Public Offering	Note 3—Initial Public Offering Public SAILSM Securities On November 17, 2020, the Company consummated its Initial Public Offering of 52,500,000 SAILSM Each SAILSM Security consists of one share of Class A common stock, $0.0001 par value per share (the “Class A common stock”), and one

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions
Related Party Transactions	Note 4—Related Party Transactions Alignment Shares On September 24, 2020, an affiliate of the Sponsor paid $22,500, or approximately $0.009 per share, and the Foundation paid $2,500, or approximately $0.009 per share, in exchange for 2,587,500 and 287,500 shares of Class B common stock, respectively (collectively, “Alignment Shares”). Such Alignment Shares held by the affiliate of the Sponsor were subsequently transferred to the Sponsor. In November 2020, the Sponsor transferred 6,469 Alignment Shares to each of the independent directors resulting in the Sponsor holding 2,561,624 Alignment Shares. The number of Alignment Shares issued was determined based on the expectation that such Alignment Shares would represent 20% of the issued and outstanding shares upon completion of the Initial Public Offering. Up to 375,000 of the Alignment Shares were to be forfeited depending on the extent to which the underwriters’ over-allotment was exercised. The Alignment Shares are entitled to (together with the shares of Class B common stock) a number of votes representing 20% of the Company’s outstanding common stock prior to the completion of the Initial Business Combination. The underwriters exercised the over-allotment option in part and the Company consummated the sale of such SAILSM Securities on November 17, 2020; thus, 125,000 Alignment Shares were no longer subject to forfeiture. The Initial Stockholders, directors and executive officers have agreed not to transfer, assign or sell any of their Alignment Shares and any of their shares of Class A common stock deliverable upon conversion of the Alignment Shares for 30 days following the completion of an Initial Business Combination. In connection with this arrangement, the Initial Stockholders, officers, and directors have also agreed not to transfer, assign or sell any of their Alignment Shares until the earlier to occur of (i) 30 days after the completion of the Company’s Initial Business Combination and (ii) the date on which the Company completes a liquidation, merger, capital stock exchange or other similar transaction after the Initial Business Combination that results in all of its stockholders having the right to exchange their shares of Class A common stock for cash, securities or other property; except to certain permitted transferees and under certain circumstances as described in the prospectus. Further, in connection with this arrangement, the Sponsor, officers and directors have also agreed not to transfer, assign or sell any of their Private Placement Warrants and any shares of Class A common stock issued upon conversion or exercise thereof until 30 days after the completion of the Initial Business Combination, except to permitted transferees. Any permitted transferees will be subject to the same restrictions and other agreements of the Initial Stockholders with respect to any Alignment Shares and Private Placement Warrants. Private Placement Warrants Simultaneously with the closing of the Initial Public Offering, the Private Placement Warrants Purchasers purchased an aggregate of 11,666,666 Private Placement Warrants, including 333,333 Private Placement Warrants as a result of the underwriters’ exercise in part of their over-allotment option, at a price of $1.50 per Private Placement Warrant in a private placement to certain of the Sponsor and certain directors of the Company generating gross proceeds of $17.5 million. Each whole Private Placement Warrant is exercisable for one whole share of Class A common stock at a price of $11.50 per share, subject to adjustment. A portion of the proceeds from the sale of the Private Placement Warrants was added to the proceeds from the Initial Public Offering to be held in the Trust Account. If the Company does not complete a business combination within the Combination Period, then the proceeds will be part of the liquidating distribution to the Public Stockholders and the warrants will expire worthless. The Initial Stockholders, directors and executive officers have agreed not to transfer, assign or sell any of their Alignment Shares and any of their shares of Class A common stock deliverable upon conversion of the Alignment Shares for 30 days following the completion of an Initial Business Combination. In connection with this arrangement, the Initial Stockholders, officers, and directors have also agreed not to transfer, assign or sell any of their Alignment Shares until the earlier to occur of: (i) 30 days after the completion of the Company’s Initial business combination and (ii) the date on which the Company completes a liquidation, merger, capital stock exchange or other similar transaction after the Initial Business Combination that results in all of its stockholders having the right to exchange their shares of Class A common stock for cash, securities or other property; except to certain permitted transferees and under certain circumstances as described in the prospectus. Further, in connection with this arrangement, the Sponsor, officers and directors have also agreed not to transfer, assign or sell any of their Private Placement Warrants and any shares of Class A common stock issued upon conversion or exercise thereof until 30 days after the completion of the Initial Business Combination, except to permitted transferees. Any permitted transferees will be subject to the same restrictions and other agreements of the Initial Stockholders with respect to any Alignment Shares and Private Placement Warrants. Related Party Loans On September 24, 2020, the Sponsor agreed to loan the Company up to an aggregate of $300,000 pursuant to an unsecured promissory note (the “Note”) to cover expenses related to the Initial Public Offering. This loan was payable without interest on the earlier of January 31, 2021, or the completion of the Initial Public Offering. Through the date of the Initial Public Offering, the Company borrowed $300,000 under the Note. The Company fully repaid the Note on November 18, 2020. Subsequent to the repayment, the facility was no longer available to the Company. Working Capital Loans In order to finance transaction costs in connection with an intended Initial 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 (the “Working Capital Loans”). Up to $1.5 million of such loans may be convertible into Private Placement Warrants at a price of $1.50 per Private Placement Warrants at the option of the lender. The Private Placement Warrants would be identical to the Private Placement Warrants issued to the Sponsor. Except for the forgoing, the terms of such loans, if any, have not been determined and no written agreements exist with respect to such loans. The Company has not had borrowings under working capital loans as of June 30, 2022 and December 31, 2021. Administrative Services and Director Compensation Commencing on the date that the Company’s securities were first listed on Nasdaq through the earlier of consummation of the Initial Business Combination and the Company’s liquidation, the Company has agreed to pay the Sponsor for office space, secretarial and administrative support provided to members of the Company’s management team $10,000 per month. For the three months ended June 30, 2022 and 2021, the Company incurred and accrued $30,000 of expenses for these services included in general and administrative expenses on the accompanying unaudited condensed statements of operations. For the six months ended June 30, 2022 and 2021, the Company incurred $60,000 of expenses for these services included in general and administrative expenses on the accompanying unaudited condensed statements of operations. As of June 30, 2022 and December 31, 2021, the Company accrued $60,000 and $120,000 of expenses for these services included in the accompanying condensed balance sheets. In addition, each independent director receives quarterly cash compensation of $62,500 (or $250,000 in the aggregate per year). For the three months ended June 30, 2021, approximately $250,000 of these director fees are included in general and administrative expenses on the accompanying unaudited condensed statements of operations. For the six months ended June 30, 2022 and 2021, approximately $188,000 and $522,000 of these director fees are included in general and administrative expenses on the accompanying unaudited condensed statements of operations, respectively. No amounts were payable as of June 30, 2022 and December 31, 2021. Subsequent to March 31, 2022, the independent directors no longer receive quarterly cash compensation. In addition, the Sponsor, executive officers and directors, or any of their respective affiliates will be reimbursed for any out-of-pocket expenses incurred in connection with activities on the Company’s behalf such as identifying potential target businesses and performing due diligence on suitable Business Combinations. The Company’s audit committee will review on a quarterly basis all payments that were made to the Sponsor, executive officers or directors, or their affiliates. For the three and six months ended June 30, 2022 and 2021, no amounts were incurred or paid.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies.
Commitments and Contingencies	Note 5—Commitments and Contingencies Registration and Stockholder Rights The holders of the Alignment Shares, Private Placement Warrants, and Private Placement Warrants that may be issued upon conversion of Working Capital Loans (and any shares of Class A common stock into which such securities may convert and that may be issued upon conversion of Working Capital Loans and upon conversion of the Alignment Shares) are entitled to registration rights pursuant to a registration rights agreement. The initial stockholders and holders of the Private Placement Warrants will be entitled to make up to three demands, excluding short form registration demands, that the Company register such securities for sale under the Securities Act. In addition, these holders will have “piggy-back” registration rights to include their securities in other registration statements filed by the Company. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Company granted the underwriters a 45-day option to purchase up to 7,500,000 additional SAILSM The underwriters were entitled to an underwriting discount of $0.20 per SAILSM In connection with the consummation of the sale of SAILSM Deferred Legal Fees The Company entered into an agreement to obtain legal advisory services, pursuant to which the Company’s legal counsel agreed to defer their fees until the closing of the Initial Business Combination. The deferred fees will become payable to the legal counsel in the event that the Company completes a Business Combination. As of June 30, 2022 and December 31, 2021, the Company recorded an aggregate of approximately $2.7 million in connection with such arrangement as deferred legal fees in the accompanying condensed balance sheets.

Derivative Warrant Liabilities

Derivative Warrant Liabilities	6 Months Ended
	Jun. 30, 2022
Derivative Warrant Liabilities.
Derivative Warrant Liabilities	Note 6— Derivative Warrant Liabilities As of June 30, 2022 and December 31, 2021, the Company has 13,125,000 and 11,666,666 Public Warrants and Private Placement Warrants outstanding, respectively. No fractional Public Warrants will be issued upon separation of the SAILSM Securities and only whole Public Warrants will trade. Each whole Public Warrant entitles the registered holder to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing on the later of 12 months from the closing of the Initial Public Offering and 30 days after the completion of the Initial Business Combination, provided in each case that the Company has an effective registration statement under the Securities Act covering the shares of Class A common stock issuable upon exercise of the warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis under the circumstances specified in the warrant agreement) and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder. The Company has agreed that as soon as practicable, but in no event later than twenty (20) business days after the closing of the Initial Business Combination, the Company will use its commercially reasonable efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the shares of Class A common stock issuable upon exercise of the warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the warrants in accordance with the provisions of the warrant agreement. If a registration statement covering the shares of Class A common stock issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of the Initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the shares of Class A common stock are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elect, it will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, it will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. The Public Warrants will expire five years after the completion of an Initial Business Combination, or earlier upon redemption or liquidation. In addition, if (x) the Company issues additional shares of Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of an Initial Business Combination at an issue price or effective issue price of less than $9.20 per share of Class A common stock (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Initial Stockholders or its affiliates, without taking into account any shares held by the Initial Stockholders 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 VWAP of the shares of Class A common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its Initial Business Combination (such price, the “Market Value”) is below $9.20 per share, 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, 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, and the $10.00 per share redemption trigger price described below will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price. The Private Placement Warrants are identical to the Public Warrants, except that the Private Placement Warrants and the shares of Class A common stock issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of an Initial Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable so long as they are held by the Sponsor or its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants. The Company may also redeem the Public Warrants, in whole and not in part, at a price of $0.01 per warrant upon a minimum of 30 days’ prior written notice of redemption, ● if, and only if, the last sales price of shares of the Class A common stock equals or exceeds $45.00 per share for any 20 trading days within a 30 -trading day period (the “ 30 -day trading period”) ending three business days before the Company sends the notice of redemption, and ● if, and only if, there is a current registration statement in effect with respect to the shares of Class A common stock underlying such warrants commencing five business days prior to the 30 -day trading period and continuing each day thereafter until the date of redemption. In addition, when the Public Warrants become exercisable, the Company may redeem the outstanding Public Warrants (except with respect to the Private Placement Warrants) in whole and not in part, for the number of shares of Class A common stock determined by reference to the table set forth in the Company’s prospectus relating to the Proposed Offering based on the redemption date and the “fair market value” of the shares of Class A common stock, upon a minimum of 30 days’ prior written notice of redemption and if, and only if, the last sale price of the shares of Class A common stock equals or exceeds $10.00 per share (as adjusted per share splits, share dividends, reorganizations, recapitalizations and the like) on the trading day prior to the date on which the Company sends the notice of redemption to the Public Warrant holders. The “fair market value” of the shares of Class A common stock is the average last reported sale price of the shares of Class A common stock for the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of Public Warrants. In no event will the warrants be exercisable in connection with this redemption feature for more than 0.361 shares of Class A common stock per warrant (subject to adjustment). If the Company calls the Public Warrants for redemption, 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. In no event will the Company be required to net cash settle any warrant. If the Company is unable to complete a business combination within the Business 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.

Common Stock Subject to Possibl

Common Stock Subject to Possible Redemption	6 Months Ended
	Jun. 30, 2022
Common Stock Subject to Possible Redemption
Common Stock Subject to Possible Redemption	Note 7-Common Stock Subject to Possible Redemption The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 700,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holder of the Company’s Class A common stock are entitled to one vote for each share. As of June 30, 2022 and December 31, 2021, there were 52,500,000 shares of Class A common stock outstanding, all of which were subject to redemption. As of June 30, 2022 and December 31, 2021, Class A common stock reflected on the condensed balance sheets is reconciled on the following table: ​ ​ ​ ​ ​ Gross Proceeds $ 525,000,000 Less: ​ ​ Proceeds allocated to Public Warrants ​ (29,400,000) Class A common stock issuance costs ​ (28,061,260) Plus: ​ ​ Accretion of carrying value to redemption value ​ 57,461,260 Class A common stock subject to possible redemption, December 31, 2021 ​ $ 525,000,000 Increase in redemption value of Class A common stock subject to possible redemption ​ ​ 211,026 Class A common stock subject to possible redemption, June 30, 2022 ​ $ 525,211,026 ​

Stockholders' Deficit

Stockholders' Deficit	6 Months Ended
	Jun. 30, 2022
Stockholders' Deficit
Stockholders' Deficit	Note 8-Stockholders’ Deficit Preferred Stock Class A Common Stock — The Company is authorized to issue 700,000,000 shares of Class A common stock with a par value of $0.0001 per share. As of June 30, 2022 and December 31, 2021, there were 52,500,000 shares of Class A common stock issued and outstanding, all subject to possible redemption and therefore classified as temporary equity in the accompanying condensed balance sheets (Note 7). Class B Common Stock On the last day of each measurement period (as defined below), which will occur annually over ten fiscal years following consummation of an Initial Business Combination (and, with respect to any measurement period in which there is a change of control or in which the Company liquidates, dissolves or winds up, on the business day immediately prior to such event instead of on the last day of such measurement period), 262,500 Alignment Shares will automatically convert, subject to adjustment as described herein, into shares of the Company’s Class A common stock (“conversion shares”), as follows: ● if the sum (such sum, the “Total Return”) of (i) the volume weighted average price of the shares of Class A common stock of the last fiscal quarter of the applicable measurement period, as further described in the Company’s registration statement for its Initial Public Offering (the “VWAP”), of shares of the Company’s Class A common stock for such final fiscal quarter in such measurement period and (ii) the amount per share of any dividends or distributions paid or payable to holders of the Company’s Class A common stock on the record date for which is on or prior to the last day of the measurement period does not exceed the Price Threshold (as defined below), the number of conversion shares for such measurement period will be 2,625 shares of Class A common stock; ● if the Total Return exceeds the Price Threshold but does not exceed an amount equal to 130% of the Price Threshold, then the number of conversion shares for such measurement period will be the greater of (i) 2,625 shares of Class A common stock and (ii) 20% of the difference between the Total Return and the Price Threshold, multiplied by (A) the sum (such sum (as proportionally adjusted to give effect to any stock splits, stock capitalizations, stock combinations, stock dividends, reorganizations, recapitalizations or any such similar transactions), the “Closing Share Count”) of (x) the number of shares of Class A common stock immediately after the closing of the Initial Public Offering (including any exercise of the underwriters’ over-allotment option) and (y) if in connection with the Initial Business Combination there are issued any shares of Class A common stock or securities (other than the Public Warrants and the Private Placement Warrants) issued by the Company and/or any entities that (after giving effect to completion of the Initial Business Combination) are subsidiaries of the Company that are directly or indirectly convertible into or exercisable for shares of Class A common stock, or for a cash settlement value in lieu thereof (“PIPE Securities”), the number of shares of Class A common stock so issued, and the maximum number of shares of Class A common stock issuable (whether settled in shares or in cash) upon conversion or exercise of any such PIPE Securities, divided by (B) the Total Return; and ● if the Total Return exceeds an amount equal to 130% of the Price Threshold, then the number of conversion shares for such measurement period will be the greater of (i) 2,625 shares of Class A common stock and (ii) the sum of (x) 20% of the difference between an amount equal to 130% of the Price Threshold and the Price Threshold and (y) 30% of the difference between the Total Return and an amount equal to 130% of the Price Threshold, multiplied by (A) the Closing Share Count, divided by (B) the Total Return. ● The term “measurement period” means (i) the period of four fiscal quarters ending with, and including, the last fiscal quarter of the fiscal year in which the Company consummates its Initial Business Combination and (ii) each of the nine successive four-fiscal-quarter periods. ● The “Price Threshold” will initially equal $10.00 for the first measurement period and will thereafter be adjusted at the beginning of each subsequent measurement period to be equal to the greater of (i) the Price Threshold for the immediately preceding measurement period and (ii) the VWAP for the immediately preceding measurement period (in each case, as proportionally adjusted to give effect to any stock splits, stock capitalizations, stock combinations, stock dividends, reorganizations, recapitalizations or any such similar transactions). ● The foregoing calculations will be based on the Company’s fiscal year and fiscal quarters, which may change as a result of an Initial Business Combination. Each conversion of Alignment Shares will apply to the holders of Alignment Shares on a pro rata basis. If, upon conversion of any Alignment Shares, a holder would be entitled to receive a fractional interest in a share, the Company will round down to the nearest whole number of the number of shares of Class A common stock to be issued to such holder. The conversion shares will be deliverable no later than the tenth day following the last day of each applicable measurement period. The conversion shares will be delivered no later than 10:00 a.m., New York City time, on the date of issuance. The Company is required to publicly announce the number of conversion shares to be issued no less than two business days prior to issuance. For so long as any Alignment Shares remain outstanding, the Company may not, without the prior or written consent of the holders of a majority of the Alignment Shares then outstanding, take certain actions such as to (i) amend, alter or repeal any provision of the Company’s amended and restated certificate of incorporation, whether by merger, consolidation or otherwise, if such amendment, alteration or repeal would alter or change the powers, preferences or relative, participating, optional or other or special rights of the Company’s shares of Class B common stock, (ii) change the Company’s fiscal year, (iii) increase the number of directors on the Board, (iv) pay any dividends or effect any split on any of the Company’s capital stock or make any distributions of cash, securities or any other property, (v) adopt any stockholder rights plan, (vi) acquire any entity or business with assets at a purchase price greater than 10% or more of the Company’s total assets measured in accordance with GAAP or the accounting standards then used by the Company in the preparation of its condensed financial statements, (vii) issue any shares of Class A common stock in excess of 5% of the Company’s then outstanding shares of Class B common stock or that would otherwise require a stockholder vote pursuant to the rules of the stock exchange on which the shares of Class A common stock are then listed, (viii) make a rights offering to all or substantially all holders of any class of the Company’s common stock or (ix) issue additional shares of Class B common stock. As a result, the holders of the Alignment Shares may be able to prevent the Company from taking such actions that the Board believes is in the Company’s interest.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements
Fair Value Measurements	Note 9—Fair Value Measurements The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value. June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in Active Significant Other Significant Other ​ ​ Markets ​ Observable Inputs ​ Unobservable Inputs Description (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ Investments in Money Market instruments ​ $ 525,722,233 ​ $ — ​ $ — Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative warrant liabilities - public ​ $ 1,706,250 ​ $ — ​ $ — Derivative warrant liabilities - private ​ $ — ​ $ 1,516,670 ​ $ — ​ ​ $ 527,428,483 ​ $ 1,516,670 ​ $ — ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in Active Significant Other Significant Other ​ ​ Markets ​ Observable Inputs ​ Unobservable Inputs Description (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ Investments held in the Trust Account - Money Market Funds ​ $ 525,244,169 ​ $ — ​ $ — Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative warrant liabilities - public ​ ​ 10,893,750 ​ ​ — ​ ​ — Derivative warrant liabilities - private ​ ​ — ​ ​ — ​ ​ 9,800,000 ​ ​ $ 536,137,919 ​ $ — ​ $ 9,800,000 ​ Transfers to/from Levels 1, 2, and 3 are recognized at the beginning of the reporting period. The estimated fair value of the Public Warrants transferred from a Level 3 measurement to a Level 1 fair value measurement, as the Public Warrants were separately listed and traded beginning in January 2021. The Private Warrants transferred to a Level 2 measurement in the first quarter of 2022 as the Company determined the transfer of Private Placement Warrants to anyone who is not a permitted transferee would result in the Private Placement Warrants having substantially the same terms as the Public Warrants. Level 1 assets at June 30, 2022 and December 31, 2021, include investment in U.S Treasury securities and investments in money market funds that invest solely in U.S. Treasury securities, respectively. 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 these investments. The fair value of the Public Warrants and Private Placement Warrants have initially been measured at fair value using a Black-Scholes option pricing model. The fair value of the Public Warrants has subsequently been determined using listed prices in an active market for such warrants, while the fair value of Private Placement Warrants were estimated using a Black-Scholes option pricing model through December 31, 2021. Subsequently, the fair value of the Private Placement Warrants are estimated using a Level 2 measurement, the observable trading price of the Public Warrants. For the three months ended June 30, 2022 and 2021, the Company recognized a gain from a decrease in the fair value of the derivative warrant liabilities resulting in approximately $9.4 million and $25.7 million, respectively, presented as change in fair value of derivative warrant liabilities on the accompanying unaudited condensed statements of operations. For the six months ended June 30, 2022 and 2021, the Company recognized a gain from a decrease in the fair value of the derivative warrant liabilities resulting in approximately $17.5 million and $27.3 million, respectively, presented as change in fair value of derivative warrant liabilities on the accompanying unaudited condensed statements of operations. The estimated fair values of the Private Placement Warrants were determined using Level 3 inputs as of December 31, 2021. Inherent in the Black-Scholes Option Pricing Model and the Option Pricing Method are assumptions related to expected stock-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its Class A common stock warrants based on implied volatility from the Company’s traded warrants and from historical volatility of select peer company’s Class A common stock that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expected remaining life of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend rate is based on the historical rate, which the Company anticipates remaining at zero. The following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement: ​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Volatility ​ 14.1 % Stock price ​ $ 9.77 ​ Expected life of the options to convert ​ 5 ​ Risk-free rate ​ 1.26 % Dividend yield ​ 0.0 % ​ The change in the fair value of the derivative warrant liabilities measured with Level 3 inputs for the three and six months ended June 30, 2022 and 2021 are summarized as follows: ​ ​ ​ ​ ​ Derivative warrant liabilities at December 31, 2021 - Level 3 $ 9,800,000 Change in fair value of derivative warrant liabilities - Level 3 measurement ​ (3,850,000) Transfer of Private Warrants to Level 2 ​ (5,950,000) Derivative warrant liabilities at March 31, 2022 - Level 3 ​ $ — Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ — Derivative warrant liabilities at June 30, 2022 - Level 3 ​ $ — ​ ​ ​ ​ Derivative warrant liabilities at December 31, 2020 ​ $ 73,645,830 Transfer of Public Warrants out of Level 3 ​ ​ (34,912,500) Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ (816,670) Derivative warrant liabilities at March 31, 2021 - Level 3 ​ ​ 37,916,660 Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ (15,166,660) Derivative warrant liabilities at June 30, 2021 - Level 3 ​ $ 22,750,000 ​

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events
Subsequent Events	Note 10—Subsequent Events ​ The Company evaluated subsequent events and transactions that occurred up to the date the unaudited condensed financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure in the unaudited condensed financial statements.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Summary of Significant Accounting Policies
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the period for the three and six months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022 or any future period. The accompanying condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Form 10-K filed by the Company with the SEC on March 30, 2022.
Emerging Growth Company	Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it 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 stockholder 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 growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s condensed financial statements with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.
Use of Estimates	Use of Estimates The preparation of condensed 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 condensed financial statements and the reported amounts of income 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 unaudited condensed 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. The Company does not have any cash equivalents as of June 30, 2022 and December 31, 2021.
Investments Held in Trust Account	Investments Held in Trust Account The Company’s portfolio of investments 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 and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of U.S. government securities, the investments are classified as trading securities. When the Company’s investments held in the Trust Account are comprised of money market funds, the investments are recognized at fair value. Trading securities and investments in money market funds are presented on the condensed balance sheets 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 gain on investments held in the Trust Account in the accompanying unaudited condensed statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. As of June 30, 2022 and December 31, 2021, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such accounts.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of the Company’s assets and liabilities recognized in the condensed balance sheets, which qualify as financial instruments under the FASB ASC Topic 820, “Fair Value Measurements,” equals or approximates the fair values for such assets and liabilities either because of the short-term nature or because the instrument is recognized at fair value.
Class A Common Stock Subject to Possible Redemption	Class A Common Stock Subject to Possible Redemption The shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable shares of Class A common stock (including shares of Class A common stock 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 common stock are classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events, Accordingly, at June 30, 2022 and December 31, 2021, 52,500,000 shares of Class A common stock subject to possible redemption are presented at redemption value as temporary equity, outside of the stockholders’ deficit section of the Company’s condensed balance sheets. Under ASC 480-10-S99, the Company has elected to recognize changes in the redemption value immediately as they occur and adjust the carrying value of the security to equal the redemption value at the end of the reporting period. This method would view the end of the reporting period as if it were also the redemption date of the security. Effective with the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption amount, which resulted in charges against additional paid-in capital (to the extent available) and accumulated deficit. Subsequently, the Company recognizes changes in the redemption value as an increase in Class A common stock subject to possible redemption, as reflected on the accompanying unaudited condensed statements of changes in stockholders’ deficit.
Offering Costs Associated with the Initial Public Offering	Offering Costs Associated with the Initial Public Offering Offering costs consisted of legal, accounting, underwriting fees and other costs. Offering costs are allocated to the separable financial instruments issued in the Initial Public Offering based on a relative fair value basis, compared to total proceeds received. Offering costs allocated to the warrant liabilities are expensed as incurred and presented as non-operating expenses in the condensed statements of operations. Offering costs associated with the Public Shares were charged against the carrying value of the Class A common stock upon the completion of the Initial Public Offering. The Company classifies deferred underwriting commissions as non-current liabilities as their liquidation is not reasonably expected to require the use of current assets or require the creation of current liabilities.
Income Taxes	Income Taxes The Company’s taxable income primarily consists of interest income on the Trust Account. The Company’s general and administrative expenses are generally considered start-up costs and are not currently deductible. The Company follows the asset and liability method of accounting for income taxes under FASB ASC Topic 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB 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 be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of June 30, 2022 and December 31, 2021. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of June 30, 2022 and December 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception.
Fair Value Measurements	Fair Value Measurements 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 (measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers consist of: ● Level 1, defined as observable inputs such as quoted prices 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.
Net Income (Loss) Per Share of Common Stock	Net Income Per Share of Common Stock The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A common stock and Class B common stock. Income and losses are shared pro rata between the two classes of shares, which assumes a business combination as the most likely outcome. Net income per common share is calculated by dividing the net income, by the weighted average shares of common stock outstanding for the respective period. The calculation of diluted net income does not consider the effect of the warrants underlying the SAILSM securities sold in the Initial Public Offering and the Private Placement Warrants to purchase an aggregate of 24,791,666 shares of Class A common stock in the calculation of diluted income per share because their exercise is contingent upon future events. Accretion associated with the redeemable Class A common stock is excluded from earnings per share as the redemption value approximates fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per share for each class of common stock: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ For the Three Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ ​ ​ ​ ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 8,836,017 ​ $ 441,801 ​ $ 23,285,664 ​ $ 1,164,283 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.17 ​ $ 0.17 ​ $ 0.44 ​ $ 0.44 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Six Months Ended June ​ For the Six Months Ended June ​ ​ 30, 2022 ​ 30, 2021 ​ ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ Numerator: ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 16,056,841 ​ $ 802,842 ​ $ 21,257,170 ​ $ 1,062,858 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ 52,500,000 ​ 2,625,000 ​ 52,500,000 ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.31 ​ $ 0.31 ​ $ 0.40 ​ $ 0.40 ​ Recent Accounting Pronouncement 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 accompanying unaudited condensed financial statements.
Derivative Warrant liabilities	Derivative Warrant Liabilities The Company does not use derivative instruments to hedge its exposures to cash flow, market or foreign currency risks. Management evaluates all of the Company’s financial instruments, including issued warrants to purchase its Class A common stock, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC Topic 815, “Derivatives and Hedging” (“ASC 815”). The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period. The Public Warrants and the Private Placement Warrants are recognized as derivative liabilities in accordance with ASC 815. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjust the instruments to fair value at each reporting period until they are exercised. Their re-measurement to fair value is recognized in the Company’s condensed statements of operations. The fair value of Public Warrants was initially calculated using a modified Black-Scholes option pricing model, and subsequent to their being separately listed and traded, the Public Warrants are measured at their market price. The fair value of Private Placement Warrants was calculated using a modified Black-Scholes Option Pricing Model. The determination of the fair value of the warrant liability may be subject to change as more current information becomes available and accordingly the actual results could differ significantly. Derivative warrant liabilities are classified as non-current liabilities as their liquidation is not reasonably expected to require the use of current assets or require the creation of current liabilities.
Recent Accounting Pronouncement	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Six Months Ended June ​ For the Six Months Ended June ​ ​ 30, 2022 ​ 30, 2021 ​ ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ Numerator: ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 16,056,841 ​ $ 802,842 ​ $ 21,257,170 ​ $ 1,062,858 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ 52,500,000 ​ 2,625,000 ​ 52,500,000 ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.31 ​ $ 0.31 ​ $ 0.40 ​ $ 0.40

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Summary of Significant Accounting Policies
Schedule of Earnings Per Share, Basic and Diluted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Three Months Ended ​ For the Three Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ Class A Class B Class A Class B Basic and diluted net income per common stock: ​ ​ ​ ​ ​ ​ ​ ​ Numerator: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allocation of net income available to stockholders ​ $ 8,836,017 ​ $ 441,801 ​ $ 23,285,664 ​ $ 1,164,283 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator: ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted weighted average common stock outstanding ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ 52,500,000 ​ ​ 2,625,000 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic and diluted net income per common stock ​ $ 0.17 ​ $ 0.17 ​ $ 0.44 ​ $ 0.44

Common Stock Subject to Possi_2

Common Stock Subject to Possible Redemption (Tables)	6 Months Ended
	Jun. 30, 2022
Common Stock Subject to Possible Redemption
Schedule of reconciliation of Class A common stock reflected on the balance sheet	​ ​ ​ ​ ​ Gross Proceeds $ 525,000,000 Less: ​ ​ Proceeds allocated to Public Warrants ​ (29,400,000) Class A common stock issuance costs ​ (28,061,260) Plus: ​ ​ Accretion of carrying value to redemption value ​ 57,461,260 Class A common stock subject to possible redemption, December 31, 2021 ​ $ 525,000,000 Increase in redemption value of Class A common stock subject to possible redemption ​ ​ 211,026 Class A common stock subject to possible redemption, June 30, 2022 ​ $ 525,211,026

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements
Schedule of Company's assets that are measured at fair value on a recurring basis	June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in Active Significant Other Significant Other ​ ​ Markets ​ Observable Inputs ​ Unobservable Inputs Description (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ Investments in Money Market instruments ​ $ 525,722,233 ​ $ — ​ $ — Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative warrant liabilities - public ​ $ 1,706,250 ​ $ — ​ $ — Derivative warrant liabilities - private ​ $ — ​ $ 1,516,670 ​ $ — ​ ​ $ 527,428,483 ​ $ 1,516,670 ​ $ — ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in Active Significant Other Significant Other ​ ​ Markets ​ Observable Inputs ​ Unobservable Inputs Description (Level 1) (Level 2) (Level 3) Assets: ​ ​ ​ ​ ​ ​ Investments held in the Trust Account - Money Market Funds ​ $ 525,244,169 ​ $ — ​ $ — Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative warrant liabilities - public ​ ​ 10,893,750 ​ ​ — ​ ​ — Derivative warrant liabilities - private ​ ​ — ​ ​ — ​ ​ 9,800,000 ​ ​ $ 536,137,919 ​ $ — ​ $ 9,800,000
Schedule of quantitative information regarding Level 3 fair value measurements inputs	​ ​ ​ ​ ​ ​ ​ As of December 31, 2021 Volatility ​ 14.1 % Stock price ​ $ 9.77 ​ Expected life of the options to convert ​ 5 ​ Risk-free rate ​ 1.26 % Dividend yield ​ 0.0 %
Schedule of change in the fair value of the derivative warrant liabilities	​ ​ ​ ​ ​ Derivative warrant liabilities at December 31, 2021 - Level 3 $ 9,800,000 Change in fair value of derivative warrant liabilities - Level 3 measurement ​ (3,850,000) Transfer of Private Warrants to Level 2 ​ (5,950,000) Derivative warrant liabilities at March 31, 2022 - Level 3 ​ $ — Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ — Derivative warrant liabilities at June 30, 2022 - Level 3 ​ $ — ​ ​ ​ ​ Derivative warrant liabilities at December 31, 2020 ​ $ 73,645,830 Transfer of Public Warrants out of Level 3 ​ ​ (34,912,500) Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ (816,670) Derivative warrant liabilities at March 31, 2021 - Level 3 ​ ​ 37,916,660 Change in fair value of derivative warrant liabilities - Level 3 measurement ​ ​ (15,166,660) Derivative warrant liabilities at June 30, 2021 - Level 3 ​ $ 22,750,000

Description of Organization a_2

Description of Organization and Business Operations (Details)		6 Months Ended
	Nov. 17, 2020 USD ($) M $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)
Subsidiary, Sale of Stock [Line Items]
Payment of offering costs		$ 70,000
Percentage of aggregate fair market value of assets		80%
Ownership interest to be acquired on post-transaction company		50%
Per share value of residual assets in trust account | $ / shares		$ 10
Minimum net tangible assets upon consummation of business combination		$ 5,000,001
Months To Complete Acquisition | M	24
Percentage of shares of stock the Company is obligated to redeem without consummating a business combination		100%
Maturity term of U.S. government securities		185 days
Operating bank account		$ 256,075	$ 1,084,776
Working capital		2,200,000
Working Capital Loans
Subsidiary, Sale of Stock [Line Items]
Outstanding balance of related party note		0	$ 0	$ 0
Sponsor
Subsidiary, Sale of Stock [Line Items]
Proceeds from related party loan		300,000
Contribution from sponsor		$ 25,000
SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Share price | $ / shares	$ 10
Gross proceeds	$ 525,000,000
Payment of offering costs	29,800,000
Deferred underwriting commissions	$ 18,400,000
IPO
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares) | shares	52,500,000
Share price | $ / shares	$ 10
Gross proceeds	$ 525,000,000
Payment of offering costs	29,800,000
Deferred underwriting commissions	$ 18,400,000
Minimum percentage of shares that can be redeemed without prior consent of the Company		15%
Threshold trading days to redeem the shares		10 days
IPO | SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares) | shares	52,500,000
Gross proceeds	$ 525,000,000
Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares) | shares		7,500,000
Deferred underwriting commissions	$ 900,000
Number of warrants to purchase the shares issued (in shares) | shares	333,333
Over-allotment option | SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares) | shares	2,500,000
Private Placement
Subsidiary, Sale of Stock [Line Items]
Proceeds from issuance of warrants	$ 17,500,000
Number of warrants to purchase the shares issued (in shares) | shares	11,666,666
Price of warrants | $ / shares	$ 1.50

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]
Federal Deposit Insurance Corporation coverage Limit	$ 250,000
Unrecognized Tax Benefits	0	$ 0
Amounts accrued for the payment of interest and penalties	$ 0	$ 0
Common stock subject to possible redemption	52,500,000	52,500,000
Class A common stock subject to redemption
Subsidiary, Sale of Stock [Line Items]
Common stock subject to possible redemption	52,500,000	52,500,000

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Net Income (Loss) Per Share for Each Class of Common Stock (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Denominator
Diluted net income per share			$ 0.31	$ 0.40
Class A common stock
Numerator
Allocation of net income available to stockholders	$ 8,836,017	$ 23,285,664	$ 16,056,841	$ 21,257,170
Denominator
Weighted average shares outstanding - basic	52,500,000	52,500,000	52,500,000	52,500,000
Weighted average shares outstanding - diluted	52,500,000	52,500,000	52,500,000	52,500,000
Basic net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Diluted net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Class A common stock | Warrants
Warrants to purchase Class A common stock, excluded from calculation of diluted income per share			24,791,666
Class B common stock
Numerator
Allocation of net income available to stockholders	$ 441,801	$ 1,164,283	$ 802,842	$ 1,062,858
Denominator
Weighted average shares outstanding - basic	2,625,000	2,625,000	2,625,000	2,625,000
Weighted average shares outstanding - diluted	2,625,000	2,625,000	2,625,000	2,625,000
Basic net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40
Diluted net income per share	$ 0.17	$ 0.44	$ 0.31	$ 0.40

Initial Public Offering (Detail

Initial Public Offering (Details) - USD ($)		6 Months Ended
	Nov. 17, 2020	Jun. 30, 2022	Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]
Payment of offering costs		$ 70,000
Number of shares in a unit		1
Number of warrants in a unit		0.25
Number of shares issuable per warrant (in shares)		1
Class A common stock
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares)		7,500,000
Common stock, par value		$ 0.0001	$ 0.0001
Exercise price of warrants (in dollars per share)		$ 11.50
SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Share price	$ 10
Gross proceeds	$ 525,000,000
Payment of offering costs	29,800,000
Deferred underwriting commissions	$ 18,400,000
IPO
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares)	52,500,000
Share price	$ 10
Gross proceeds	$ 525,000,000
Payment of offering costs	29,800,000
Deferred underwriting commissions	$ 18,400,000
IPO | SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares)	52,500,000
Gross proceeds	$ 525,000,000
Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares)		7,500,000
Deferred underwriting commissions	$ 900,000
Over-allotment option | SAIL Securities
Subsidiary, Sale of Stock [Line Items]
Sale of units in initial public offering, less fair value of public warrants (in shares)	2,500,000

Related Party Transactions - Al

Related Party Transactions - Alignment Shares (Details) - USD ($)		1 Months Ended	6 Months Ended
	Sep. 24, 2020	Nov. 30, 2020	Jun. 30, 2022	Nov. 17, 2020
An affiliate of Sponsor
Related Party Transaction [Line Items]
Proceeds from issuance of common stock	$ 22,500
Share price	$ 0.009
Number of securities upon exercise of over-allotment option	2,587,500
Health Assurance Economy Foundation
Related Party Transaction [Line Items]
Proceeds from issuance of common stock	$ 2,500
Share price	$ 0.009
Number of securities upon exercise of over-allotment option	287,500
Class B common stock | An affiliate of Sponsor
Related Party Transaction [Line Items]
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination			30 days
Class B common stock | Alignment Shares
Related Party Transaction [Line Items]
Number of shares were no longer subject to forfeiture				125,000
Maximum shares subject to forfeiture		375,000
Percentage of issued and outstanding shares after the Initial Public Offering collectively held by initial stockholders		20%
Class B common stock | Alignment Shares | Sponsor
Related Party Transaction [Line Items]
Number of shares transferred to independent directors		6,469
Number of shares held		2,561,624
Voting rights (as a percent)		20%

Related Party Transactions - Pr

Related Party Transactions - Private placement warrants (Details) - USD ($) $ / shares in Units, $ in Millions	Nov. 17, 2020	Jun. 30, 2022
Related Party Transaction [Line Items]
Number of shares issuable per warrant (in shares)		1
Class A common stock
Related Party Transaction [Line Items]
Exercise price of warrants (in dollars per share)		$ 11.50
Private Placement
Related Party Transaction [Line Items]
Number of warrants to purchase the shares issued (in shares)	11,666,666
Price of warrants (in dollars per share)	$ 1.50
Proceeds from Issuance of Warrants	$ 17.5
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination	30 days
Private Placement | Class A common stock
Related Party Transaction [Line Items]
Number of shares issuable per warrant (in shares)	1
Exercise price of warrants (in dollars per share)	$ 11.50
Over-allotment option
Related Party Transaction [Line Items]
Number of warrants to purchase the shares issued (in shares)	333,333

Related Party Transactions - Re

Related Party Transactions - Related party loans, Working capital loans, Administrative services and director compensation (Details) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Sep. 24, 2020
Related Party Transaction [Line Items]
General and administrative expenses	$ 333,265		$ 1,186,371	$ 896,803	$ 5,040,790
Accrued expenses	60,000	$ 120,000		60,000		$ 120,000
Accounts payable	11,965	63,817		11,965		63,817
Sponsor
Related Party Transaction [Line Items]
Proceeds from related party loan				300,000
Expenses per month	10,000			10,000
General and administrative expenses	30,000		30,000	60,000	60,000
Accounts payable	62,500	250,000		62,500		250,000
Independent director
Related Party Transaction [Line Items]
Quarterly cash compensation payable	62,500			62,500
Aggregate cash compensation payable per year	250,000			250,000
Amount available for borrowings				0		0
Independent director | General and Administrative Expense.
Related Party Transaction [Line Items]
Director fees			250,000	188,000	522,000
Sponsor
Related Party Transaction [Line Items]
Maximum borrowing capacity of related party promissory note							$ 300,000
Proceeds from related party loan		300,000
Working Capital Loans
Related Party Transaction [Line Items]
Maximum loans convertible into warrants	1,500,000			$ 1,500,000
Price of warrants (in dollars per share)				$ 1.50
Outstanding balance of related party note	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) (Imported) $ / shares in Units, $ in Millions		6 Months Ended
	Nov. 17, 2020 USD ($) shares	Jun. 30, 2022 USD ($) item $ / shares shares
Subsidiary, Sale of Stock [Line Items]
Maximum number of demands for registration of securities | item		3
Cash underwriting discount per unit | $ / shares		$ 0.20
Payment of underwriter discount | $		$ 10
Deferred fee per unit | $ / shares		$ 0.35
Deferred underwriting fee payable | $		$ 17.5
Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Underwriting option period		45 days
Securities granted | shares		7,500,000
Deferred underwriting fee payable | $	$ 0.5
Deferred underwriting commissions | $	$ 0.9
Class A common stock
Subsidiary, Sale of Stock [Line Items]
Securities granted | shares		7,500,000
Redeemable warrants
Subsidiary, Sale of Stock [Line Items]
Securities granted | shares		1,875,000
Class B common stock | Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Number of securities upon exercise of over-allotment option | shares	2,500,000

Derivative Warrant Liabilities

Derivative Warrant Liabilities (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Number of shares issuable per warrant (in shares)	1
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination	30 days
Threshold number of trading days before sending notice of redemption to warrant holders	3 days
Trading days determining fair market value	10 days
Redemption Of Warrants When Price Per Share Of Class Common Stock Equals Or Exceeds $18.00 [Member]
Stock price trigger for redemption of public warrants (in dollars per share)	$ 10
Public Warrants
Number of warrants issued	13,125,000
Number of shares issuable per warrant (in shares)	1
Share Price	$ 11.50
Public Warrants exercisable term after the completion of a business combination	30 days
Public Warrants exercisable term from the closing of the public offering	12 months
Threshold maximum period for filing registration statement after business combination	20 days
Public Warrants expiration term	5 years
Issue price per share	$ 9.20
Percentage of gross proceeds on total equity proceeds	60%
Trading days determining volume weighted average price	20 days
Adjustment of exercise price of warrants based on market value (as a percent)	115%
Stock price trigger for redemption of public warrants (in dollars per share)	$ 10
Threshold maximum period for registration statement to become effective after business combination	60 days
Threshold trading days for calculating Market Value	30 days
Ratio for Warrants to be exercisable in connection with redemption feature	$ 0.361
Public Warrants | Redemption Of Warrants When Price Per Share Of Class Common Stock Equals Or Exceeds $18.00 [Member]
Adjustment of exercise price of warrants based on market value (as a percent)	180%
Stock price trigger for redemption of public warrants (in dollars per share)	$ 18
Class Of Warrant Or Right, Redemption Price Of Warrants Or Rights	$ 0.01
Minimum threshold written notice period for redemption of public warrants	30 days
Public Warrants | Redemption Of Warrants When Price Per Share Of Class Common Stock Equals Or Exceeds $45.00 [Member]
Stock price trigger for redemption of public warrants (in dollars per share)	$ 45
Threshold trading days for redemption of public warrants	20 days
Threshold consecutive trading days for redemption of public warrants	30 days
Public Warrants | Redemption Of Warrants With Current Registration Statement In Effect [Member]
Threshold trading days for redemption of public warrants	30 days
Length of time prior to trading period for commencement of registration statement	5 days
Private Placement Warrants
Number of warrants issued		11,666,666

Common stock Subject to Possi_3

Common stock Subject to Possible Redemption (Details) - USD ($)	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Common Stock Subject to Possible Redemption
Gross proceeds				$ 525,000,000
Proceeds allocated to Public Warrants				(29,400,000)
Class A common stock issuance costs				(28,061,260)
Accretion of carrying value to redemption value	$ 190,253	$ 20,773		57,461,260
Increase in redemption value of Class A common stock subject to possible redemption			$ 211,026
Class A common stock subject to possible redemption	$ 525,211,026		$ 525,211,026	$ 525,000,000

Common stock Subject to Possi_4

Common stock Subject to Possible Redemption - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021 Vote shares	Jun. 30, 2022 $ / shares shares
Common Stock Subject to Possible Redemption
Class A common stock subject to possible redemption, authorized (in shares)		700,000,000
Class A common stock subject to possible redemption, par value per share | $ / shares		$ 0.0001
Class A common stock subject to possible redemption, votes per share | Vote	1
Common stock subject to possible redemption	52,500,000	52,500,000

Stockholders' Equity - Common S

Stockholders' Equity - Common Stock (Details)		1 Months Ended	6 Months Ended
	Nov. 17, 2020 shares	Nov. 30, 2020	Jun. 30, 2022 Vote $ / shares shares	Dec. 31, 2021 $ / shares shares
Class of Stock [Line Items]
Class A common stock subject to redemption, shares outstanding			52,500,000	52,500,000
Percent of price threshold, maximum			130%
Percent of difference between Total Return and Price Threshold Multiplied			20%
Price Threshold, multiplied by (A) the Closing Share Count, divided by (B) the Total Return (in percent)			30%
Price Threshold (per share) | $ / shares			$ 10
Percent of total assets measured in accordance with GAAP			10%
Percent of Company's Class A common stock to be issued			5%
Alignment Shares
Class of Stock [Line Items]
Number of shares automatically convert			262,500
Class A common stock
Class of Stock [Line Items]
Common stock, shares authorized			700,000,000	700,000,000
Common stock, par value | $ / shares			$ 0.0001	$ 0.0001
Common stock, shares issued			0	0
Common stock, shares outstanding			0	0
Common Stock, Shares Outstanding			52,500,000	52,500,000
Number of conversion shares for measurement period			2,625
Class B common stock
Class of Stock [Line Items]
Common stock, shares authorized			20,000,000	20,000,000
Common stock, par value | $ / shares			$ 0.0001	$ 0.0001
Number of votes per share | Vote			1
Common stock, shares issued			2,625,000	2,625,000
Common stock, shares outstanding			2,625,000	2,625,000
Class B common stock | Alignment Shares
Class of Stock [Line Items]
Percentage of issued and outstanding shares after the Initial Public Offering		20%
Class B common stock | Over-allotment option
Class of Stock [Line Items]
Number of securities upon exercise of over-allotment option	2,500,000

Stockholders' Equity - Warrants

Stockholders' Equity - Warrants (Details)	6 Months Ended
	Jun. 30, 2022 $ / shares
Class of Warrant or Right [Line Items]
Threshold number of trading days before sending notice of redemption to warrant holders	3 days
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination	30 days
Class A common stock
Class of Warrant or Right [Line Items]
Exercise price of warrants (in dollars per share)	$ 11.50
Public Warrants
Class of Warrant or Right [Line Items]
Warrants exercisable term after the completion of a business combination	30 days
Warrants exercisable term from the closing of the public offering	12 months
Threshold maximum period for filing registration statement after business combination	20 days
Threshold maximum period for registration statement to become effective after business combination	60 days
Stock price trigger for redemption of public warrants (in dollars per share)	$ 10
Newly Issued Price (in dollars per share)	$ 11.50
Warrant expiry term	5 years
Threshold trading days for calculating Market Value	30 days

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Liabilities:
Derivative warrant liabilities	$ 3,222,920		$ 3,222,920		$ 20,693,750
Change in fair value of derivative warrant liabilities	(9,420,830)	$ (25,666,660)	(17,470,830)	$ (27,270,830)
Recurring
Liabilities:
Change in fair value of derivative warrant liabilities	9,400,000	$ 25,700,000	17,500,000	$ 27,300,000
Recurring | Level 1
Liabilities:
Derivative warrant liabilities	527,428,483		527,428,483		536,137,919
Recurring | Level 2
Liabilities:
Derivative warrant liabilities	1,516,670		1,516,670
Recurring | Level 3
Liabilities:
Derivative warrant liabilities					9,800,000
Recurring | Public Warrants | Level 1
Liabilities:
Derivative warrant liabilities	1,706,250		1,706,250		10,893,750
Recurring | Private Placement Warrants | Level 2
Liabilities:
Derivative warrant liabilities	1,516,670		1,516,670
Recurring | Private Placement Warrants | Level 3
Liabilities:
Derivative warrant liabilities					9,800,000
Recurring | Money Market Funds | Level 1
Assets:
Assets held in Trust Account	$ 525,722,233		$ 525,722,233		$ 525,244,169

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative information regarding Level 3 fair value measurements inputs (Details)	Dec. 31, 2021 $ / shares
Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	14.1
Stock price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	9.77
Expected life of the options to convert
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	5
Risk-free rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1.26
Dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0

Fair Value Measurements - Chang

Fair Value Measurements - Change in the fair value of the derivative warrant liabilities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Fair Value Measurements
Derivative warrant liabilities beginning of the period	$ 9,800,000	$ 37,916,660	$ 73,645,830
Transfer of Public Warrants out of Level 3 / to Level 2	(5,950,000)		(34,912,500)
Change in fair value of derivative Private warrant liabilities - Level 3 measurement	$ 3,850,000	(15,166,660)	(816,670)
Derivative warrant liabilities end of the period		$ 22,750,000	$ 37,916,660