Exhibit 99.1
SOARING EAGLE ACQUISITION CORP.
BALANCE SHEET
February 26, 2021 | Pro Forma Adjustments | As Adjusted | ||||||||||
(As filed) | (Unaudited) | (Unaudited) | ||||||||||
ASSETS: |
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Current asset: | ||||||||||||
Cash | $ | 3,000,000 | $ | — | $ | 3,000,000 | ||||||
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Total current assets | 3,000,000 | — | 3,000,000 | |||||||||
Cash held in Trust Account | 1,725,000,000 | — | 1,725,000,000 | |||||||||
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Total assets | $ | 1,728,000,000 | $ | — | $ | 1,728,000,000 | ||||||
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LIABILITIES AND SHAREHOLDER’S EQUITY: |
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Current liabilities: | ||||||||||||
Accounts payable and accrued offering costs | $ | 784,260 | $ | — | $ | 784,260 | ||||||
Promissory Note - Related Party | 300,000 | — | 300,000 | |||||||||
Advance from Sponsor | 156,333 | — | 156,333 | |||||||||
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Total current liabilities | 1,240,593 | — | 1,240,593 | |||||||||
Derivative warrant liabilities | — | 107,692,500 | 107,692,500 | |||||||||
Deferred underwriting compensation | 60,375,000 | — | 60,375,000 | |||||||||
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Total liabilities | 61,615,593 | 107,692,500 | 156,600,593 | |||||||||
Class A ordinary shares subject to possible redemptions; 166,138,440 and 155,369,190 shares at $10 per share, actual and adjusted, respectively | 1,661,384,400 | (107,692,500 | ) | 1,553,691,900 | ||||||||
Commitments and contingencies | ||||||||||||
Shareholders’ equity: | ||||||||||||
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | — | — | — | |||||||||
Class A ordinary shares, $0.0001 par value; 400,000,000 shares authorized; 6,361,560 and 17,130,810 shares issued and outstanding (excluding 166,138,440 155,369,190 shares subject to possible redemption), actual and adjusted, respectively | 636 | 1,077 | 1,713 | |||||||||
Class B ordinary shares, $0.0001 par value; 80,000,000 shares authorized; 43,125,000 shares issued and outstanding | 4,312 | — | 4,312 | |||||||||
Additional paid-in capital | 5,000,059 | 13,336,770 | 18,336,829 | |||||||||
Accumulated deficit | (5,000 | ) | (13,337,847 | ) | (13,342,847 | ) | ||||||
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Total shareholders’ equity | 5,000,007 | — | 5,000,007 | |||||||||
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Total liabilities and shareholders’ equity | $ | 1,728,000,000 | $ | — | $ | 1,728,000,000 | ||||||
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