Bridgetown 2 10-Q/A 30 Nov 21 2021 Q3 Quarterly report (amended) Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 30, 2021
Document Information Line Items
Entity Registrant Name	Bridgetown 2 Holdings Ltd
Trading Symbol	BTNB
Document Type	10-Q/A
Current Fiscal Year End Date	--12-31
Amendment Flag	true
Amendment Description	Bridgetown 2 Holdings Limited. (the “Company,” “we,” “us” or “our”) is filing this Amendment No. 1 to its Quarterly Report on Form 10-Q/A for the quarterly period ended September 30, 2021 (this “Quarterly Report”) to amend and restate certain terms in its Quarterly Report on Form 10-Q for the quarterly period September 30, 2021 originally filed with the Securities and Exchange Commission (the “SEC”) on November 12, 2021 (the “Original Quarterly Report”).
Entity Central Index Key	0001831236
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	true
Entity Ex Transition Period	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-39932
Entity Incorporation, State or Country Code	E9
Entity Tax Identification Number	00-0000000
Entity Address, Address Line One	c/o 38/F Champion Tower
Entity Address, Address Line Two	3 Garden Road
Entity Address, City or Town	Central
Entity Address, Country	HK
City Area Code	+852
Local Phone Number	2514 8888
Title of 12(b) Security	Class A Ordinary Shares, par value $0.0001 per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Entity Address, Postal Zip Code	00000
Class A Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding		29,900,000
Class B Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding		7,475,000

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash	$ 295,349	$ 25,000
Prepaid expenses	184,076
Total Current Assets	479,425	25,000
Deferred offering costs		142,954
Investments held in Trust Account	299,012,025
TOTAL ASSETS	299,491,450	167,954
Current liabilities
Accrued expenses	2,985,026
Accrued offering costs		62,302
Advance from related parties	400,000
Promissory note – related party	300,000	90,652
Total Current Liabilities	3,685,026	152,954
Warrant liability	9,460,800
Deferred underwriting fee payable	8,715,000
Total Liabilities	21,860,826	152,954
Commitments
Class A ordinary shares subject to possible redemption 29,900,000 and no shares at redemption value as of September 30, 2021 and December 31, 2020, respectively	299,000,000
Shareholders’ Equity (Deficit)
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; no shares issued or outstanding (excluding 29,900,000 and no shares subject to possible redemption as of September 30, 2021 and December 31, 2020, respectively)
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 7,475,000 shares issued and outstanding as of September 30, 2021 and December 31, 2020	748	748
Additional paid-in capital		24,252
Accumulated deficit	(21,370,124)	(10,000)
Total Shareholders’ Equity (Deficit)	(21,369,376)	15,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)	$ 299,491,450	$ 167,954

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Shares subject to possible redemption	29,900,000
Preferred stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Class A Ordinary Shares
Shares subject to possible redemption	29,900,000
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	200,000,000	200,000,000
Ordinary shares, shares issued
Ordinary shares, shares outstanding
Class B Ordinary Shares
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	20,000,000	20,000,000
Ordinary shares, shares issued	7,475,000	7,475,000
Ordinary shares, shares outstanding	7,475,000	7,475,000

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2021
Operating costs	$ 2,472,204		$ 10,000	$ 4,239,694
Loss from operations	(2,472,204)		(10,000)	(4,239,694)
Other income (expense):
Interest earned on investments held in Trust Account	4,516			12,025
Change in fair value of warrant liability	8,035,200			(2,980,800)
Total other income (expenses), net	8,039,716			(2,968,775)
Net income (loss)	$ 5,567,512		$ (10,000)	$ (7,208,469)
Class A Ordinary Shares
Other income (expense):
Basic and diluted weighted average shares outstanding (in Shares)	29,900,000			26,833,333
Basic and diluted net income (loss) per share (in Dollars per share)	$ 0.15			$ (0.2)
Class B Ordinary Shares
Other income (expense):
Basic and diluted weighted average shares outstanding (in Shares)	7.475000	1	1	7,375,000
Basic and diluted net income (loss) per share (in Dollars per share)	$ 0.15	$ 0	$ 0	$ (0.2)

Condensed Statements of Changes

Condensed Statements of Changes in Shareholders’ (Deficit) Equity (Unaudited) - USD ($)	Class AOrdinary Shares	Class BOrdinary Shares	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Jun. 23, 2020
Balance (in Shares) at Jun. 23, 2020
Issuance of Class B ordinary shares
Issuance of Class B ordinary shares (in Shares)		1
Net income (loss)				(10,000)	(10,000)
Balance at Jun. 30, 2020				(10,000)	(10,000)
Balance (in Shares) at Jun. 30, 2020		1
Net income (loss)
Balance at Sep. 30, 2020				(10,000)	(10,000)
Balance (in Shares) at Sep. 30, 2020		1
Balance at Dec. 31, 2020		$ 748	24,252	(10,000)	15,000
Balance (in Shares) at Dec. 31, 2020		7,475,000
Accretion for Class A ordinary shares to redemption amount			(24,252)	(14,151,655)	(14,175,907)
Net income (loss)				(9,911,473)	(9,911,473)
Balance at Mar. 31, 2021		$ 748		(24,073,128)	(24,072,380)
Balance (in Shares) at Mar. 31, 2021		7,475,000
Net income (loss)				(2,864,508)	(2,864,508)
Balance at Jun. 30, 2021		$ 748		(26,937,636)	(26,936,888)
Balance (in Shares) at Jun. 30, 2021		7,475,000
Net income (loss)				5,567,512	5,567,512
Balance at Sep. 30, 2021		$ 748		$ (21,370,124)	$ (21,369,376)
Balance (in Shares) at Sep. 30, 2021		7,475,000

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2021
Cash Flows from Operating Activities:
Net loss	$ (10,000)	$ (7,208,469)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on investments held in Trust Account		(12,025)
Change in fair value of warrant liability		(4,406,400)
Loss on initial issuance of private warrants		7,387,200
Transaction costs related to warrant liability		22,869
Prepaid expenses		310,924
Accrued expenses	10,000	2,985,026
Net cash used in operating activities		(920,875)
Cash Flows from Investing Activities:
Investment in cash into Trust Account		(299,000,000)
Net cash used in investing activities		(299,000,000)
Cash Flows from Financing Activities:
Proceeds from sale of Class A ordinary shares, net of underwriting discounts paid		294,020,000
Proceeds from sale of Private Placements Warrants		6,480,000
Advances from related party		437,800
Repayment of advances from related party		(896,576)
Proceeds from promissory note – related party		150,000
Net cash provided by financing activities		300,191,224
Net Change in Cash		270,349
Cash – Beginning		25,000
Cash – Ending		295,349
Non-cash investing and financing activities:
Offering costs paid through advances		363,776
Offering costs paid through promissory note	80,652	59,348
Payment of prepaid expenses through advances		495,000
Deferred underwriting fee payable		$ 8,715,000

Description of Organization and

Description of Organization and Business Operations	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Bridgetown 2 Holdings Limited (the “Company”) was incorporated in the Cayman Islands on June 24, 2020. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. As of September 30, 2021, the Company had not commenced any operations. All activity through September 30, 2021 relates to the Company’s formation, the initial public offering (the “Initial Public Offering”), which is described below, and subsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The registration statement for the Company’s Initial Public Offering was declared effective on January 25, 2021. On January 28, 2021, the Company consummated the Initial Public Offering of 29,900,000 Class A Ordinary Shares (the “Public Shares”) which includes the full exercise by the underwriter of its over-allotment option in the amount of 3,900,000 Units, at $10.00 per Public Shares, generating gross proceeds of $299,000,000 which is described in Note 4. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 12,960,000 warrants (the “Private Placement Warrants”) at a price of $0.50 per Private Placement Warrant in a private placement to Bridgetown 2 LLC (the “Sponsor”), generating gross proceeds of $6,480,000, which is described in Note 5. Transaction costs amounted to $14,198,776, consisting of $4,980,000 of underwriting fees, $8,715,000 of deferred underwriting fees and $503,776 of other offering costs. Offering costs amounting to $ 14,175,907 were charged to shareholders’ equity upon the completion of the Initial Public Offering, and $22,869 of the offering costs were related to the warrant liability and charged to the unaudited condensed statements of operations. Following the closing of the Initial Public Offering on January 28, 2021, an amount of $299,000,000 ($10.00 per Public Share) from the net proceeds of the sale of the Public Shares in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the “Trust Account”), located in the United States and will be invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940 (the “Investment Company Act”), with a maturity of 185 days or less or in any open-ended investment company that holds itself out as a money market fund selected by the Company meeting certain conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of (i) the completion of a Business Combination and (ii) the distribution of the funds held in the Trust Account, as described below. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The rules of the stock exchange that the Company will list its securities on will require that the Company’s initial Business Combination must be with one or more target businesses that have an aggregate fair market value of at least 80% of the assets held in the Trust Account (excluding the deferred underwriting commissions and taxes payable on the income earned on the Trust Account) at the time of the our signing a definitive agreement in connection with the initial Business Combination. The Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended. There is no assurance that the Company will be able to complete a Business Combination successfully. On July 23, 2021, the Company entered into a Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), by and among PropertyGuru Group Limited, a Cayman Islands exempted company limited by shares (“PubCo”), B2 PubCo Amalgamation Sub Pte. Ltd., a Singapore private company limited by shares and a direct wholly-owned subsidiary of PubCo (“Amalgamation Sub”) and PropertyGuru Pte. Ltd., a Singapore private company limited by shares (“PropertyGuru”) (See Note 7). The Company will provide the holders of its issued and outstanding Public Shares (the “public shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company. The public shareholders will be entitled to redeem their Public Shares, equal to the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, (initially anticipated to be $10.00 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and net of taxes payable), divided by the number of then issued and outstanding Public Shares. The per-share amount to be distributed to public shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note 7). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 either immediately prior to or upon such consummation of a Business Combination and, if the Company seeks shareholder approval, it receives an ordinary resolution under Cayman Islands law approving a Business Combination, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the Company. If a shareholder vote is not required by applicable law or stock exchange listing requirements and the Company does not decide to hold a shareholder vote for business or other reasons, the Company will, pursuant to its Amended and Restated Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (the “SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, shareholder approval of the transactions is required by applicable law or stock exchange listing requirements, or the Company decides to obtain shareholder approval for business or other reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks shareholder approval in connection with a Business Combination, the Sponsor has agreed to vote any Founder Shares (as defined in Note 6) and Public Shares held by it in favor of approving a Business Combination. Additionally, each public shareholder may elect to redeem their Public Shares, without voting, and if they do vote, irrespective of whether they vote for or against a proposed Business Combination. Notwithstanding the foregoing, if the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Company’s Amended and Restated Memorandum and Articles of Association will provide that a public shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the Public Shares, without the prior consent of the Company. The Company may waive this restriction in its sole discretion. The Sponsor and the Company’s officers and directors have agreed to waive: (i) their redemption rights with respect to any Founder Shares and Public Shares held by them in connection with the completion of the Company’s Business Combination and (ii) their redemption rights with respect to the Founder Shares and any Public Shares held by them in connection with a shareholder vote to approve an amendment to the Company’s Amended and Restated Memorandum and Articles of Association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with a Business Combination or to redeem 100% of the Public Shares if the Company does not complete a Business Combination by January 28, 2023 or (B) with respect to any other provision relating to shareholders’ rights or pre-initial business combination activity. The Company will have until January 28, 2023 to complete a Business Combination (the “Combination Period”). If the Company has not completed a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations (less up to $100,000 of interest to pay dissolution expenses and which interest shall be net of taxes payable), divided by the number of then issued and outstanding Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining shareholders and the Company’s board of directors, liquidate and dissolve, subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless if the Company fails to complete a Business Combination within the Combination Period. The Sponsor has agreed to waive its liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Sponsor acquires Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per-share value of the assets remaining available for distribution will be less than the Initial Public Offering price per share ($10.00). In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party (except for the Company’s independent registered public accounting firm) for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below (i) $10.00 per Public Share or (ii) such lesser amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest which may be withdrawn to pay taxes. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent registered public accounting firm), prospective target businesses and other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Risks and Uncertainties Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Restatement of Previously Issue

Restatement of Previously Issued Financial Statements	9 Months Ended
	Sep. 30, 2021
Condensed Financial Information Disclosure [Abstract]
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	NOTE 2. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS In connection with the preparation of the Company’s condensed financial statements as of September 30, 2021, the Company concluded it should restate its financial statements to classify all Public Shares in temporary equity. In accordance with ASC 480, paragraph 10-S99, redemption provisions not solely within the control of the Company require ordinary shares subject to redemption to be classified outside of permanent equity. The Company previously determined the Class A ordinary shares subject to possible redemption to be equal to the redemption value of $10.00 per Class A ordinary shares while also taking into consideration a redemption cannot result in net tangible assets being less than $5,000,001. Previously, the Company did not consider redeemable shares classified as temporary equity as part of net tangible assets. Effective with these condensed financial statements, the Company revised this interpretation to include temporary equity in net tangible assets. Accordingly, effective with this filing, the Company presents all redeemable Class A ordinary shares as temporary equity and recognizes accretion from the initial book value to redemption value at the time of its Initial Public Offering and in accordance with ASC 480. As a result, management has noted a reclassification adjustment related to temporary equity and permanent equity. This resulted in an adjustment to the initial carrying value of the Class A ordinary shares subject to possible redemption with the offset recorded to additional paid-in capital (to the extent available), accumulated deficit and Class A ordinary shares. In connection with the change in presentation for the Class A ordinary shares subject to redemption, the Company also restated its income (loss) per ordinary share calculation to allocate net income (loss) evenly to Class A and Class B ordinary shares. This presentation contemplates a Business Combination as the most likely outcome, in which case, both classes of ordinary share pro rata in the income (loss) of the Company. There has been no change in the Company’s total assets, liabilities or operating results due to this restatement. The impact of the restatement on the Company’s financial statements is reflected in the following table. Balance Sheet as of January 28, 2021 As Previously Adjustment As Restated Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Class A ordinary shares $ 266 $ (266 ) $ — Additional paid-in capital $ 12,419,059 $ (12,419,059 ) $ — Accumulated deficit $ (7,420,069 ) $ (14,151,655 ) $ (21,571,724 ) Total Shareholders’ Equity (Deficit) $ 5,000,004 $ (26,570,980 ) $ (21,570,976 ) Balance Sheet as of March 31, 2021 (unaudited) Class A ordinary shares subject to possible redemption $ 269,927,610 $ 29,072,390 $ 299,000,000 Class A ordinary shares $ 291 $ (291 ) $ — Additional paid-in capital $ 14,920,444 $ (14,920,444 ) $ — Retained earnings $ (9,921,473 ) $ (14,151,655 ) $ (24,073,128 ) Total Shareholders’ Equity (Deficit) $ 5,000,010 $ (29,072,390 ) $ (24,072,380 ) Balance Sheet as of June 30, 2021 (unaudited) Class A ordinary shares subject to possible redemption $ 267,063,110 $ 31,936,890 $ 299,000,000 Class A ordinary shares $ 319 $ (319 ) $ — Additional paid-in capital $ 17,784,916 $ (17,784,916 ) $ — Retained earnings $ (12,785,981 ) $ (14,151,655 ) $ (26,937,636 ) Total Shareholders’ Equity (Deficit) $ 5,000,002 $ (31,936,890 ) $ (26,936,888 ) Statement of Operations for the Three Months Ended March 31, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 (9,302,222 ) 20,597,778 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.36 ) $ (0.36 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,171,667 — 7,171,667 Basic and diluted net loss (income) per share, Class B ordinary shares $ (1.38 ) $ 1.02 $ (0.36 ) Statement of Operations for the Three Months Ended June 30, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 — 29,900,000 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.08 ) $ (0.08 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,475,000 — 7,475,000 Basic and diluted net loss (income) per share, Class B ordinary shares $ (0.38 ) $ 0.30 $ (0.08 ) Statement of Operations for the Six Months Ended June 30, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 (4,625,414 ) 25,274,586 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.39 ) $ (0.39 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,324,171 — 7,324,171 Basic and diluted net loss (income) per share, Class B ordinary shares $ 1.75 $ (2.14 ) $ (0.39 ) Statement of Cash Flows for the three months ended March 31, 2021 (unaudited) As Previously Adjustment As Restated Initial classification of Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Change in value of Class A ordinary shares subject to possible redemption $ (2,501,410 ) $ 2,501,410 $ — Statement of Cash Flows for the sixth months ended June 30, 2021 (unaudited) As Previously Adjustment As Restated Initial classification of Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Change in value of Class A ordinary shares subject to possible redemption $ (5,365,910 ) $ (5,365,910 ) $ —

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on March 25, 2021. The interim results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future interim periods. 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 independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a 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 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 financial statement with another public company which is neither an emerging growth company nor an emerging growth company which 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 the unaudited condensed financial statements in conformity with GAAP requires the Company’s 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. . One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. 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 did not have any cash equivalents as of September 30, 2021 and December 31, 2020. Offering Costs Offering costs consist of legal, accounting, underwriting fees and other costs incurred through the balance sheet date that are directly related to the Initial Public Offering. Offering costs were 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 warrant liabilities were expensed as incurred in the statements of operations. Offering costs amounting to $14,175,907 associated with the Class A ordinary shares issued were initially charged to temporary equity and then accreted to ordinary shares subject to redemption upon the completion of the Initial Public Offering. Offering costs amounting to $22,869 were related to the warrant liabilities and charged to the statements of operations. Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, ordinary shares is classified as stockholders’ equity. The Company’s Class A ordinary shares features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, shares of Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheets. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. At September 30, 2021, the Class A ordinary shares reflected in the condensed balance sheet are reconciled in the following table: Gross proceeds $ 299,000,000 Less: Class A ordinary shares issuance costs $ (14,175,907 ) Plus: Accretion of carrying value to redemption value $ 14,175,907 Class A ordinary shares subject to possible redemption $ 299,000,000 Warrant Liability The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) ASC 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations. The fair value of the warrants was estimated using a Modified Black Scholes approach (see Note 10). Income Taxes The Company accounts for income taxes under ASC Topic 740, “Income Taxes,” which 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. The Company’s management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of September 30, 2021 and December 31, 2020, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. 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 considered to be an exempted Cayman Islands company with no connection to any other taxable jurisdiction and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented. Net Income (Loss) per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. The Company applies the two-class method in calculating earnings per share. Accretion associated with the redeemable shares of Class A ordinary share is excluded from earnings per share as the redemption value approximates fair value. The calculation of diluted income (loss) per share does not consider the effect of the warrants issued in connection with the (i) Initial Public Offering, and (ii) the private placement since the exercise of the warrants is contingent upon the occurrence of future events. The warrants are exercisable to purchase 12,960,000 Class A ordinary shares in the aggregate. For the respective periods ending September 30, 2021 and 2020, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the periods presented. The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): Three Months Three Months Nine Months For the Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income (loss) per ordinary share Numerator: Allocation of net income (loss), as adjusted $ 4,340,772 $ 1,226,740 $ — — $ (5,766,775 ) $ (1,441,694 ) $ — $ (10,000 ) Denominator: Basic and diluted weighted average shares outstanding 29,900,000 7,475,000 — — 26,833,333 7,375,000 — — Basic and diluted net income (loss) per ordinary share $ 0.15 $ 0.15 $ — — $ (0.20 ) $ (0.20 ) $ — $ — 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 Depository Insurance Corporation coverage limit of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such account. Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature. Recent Accounting Standards In August 2020, the FASB issued Accounting Standard Update (the “ASU”) No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. The Company early adopted the ASU on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows. Management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the Company’s unaudited condensed financial statements.

Initial Public Offering

Initial Public Offering	9 Months Ended
	Sep. 30, 2021
Regulated Operations [Abstract]
INITIAL PUBLIC OFFERING	NOTE 4. INITIAL PUBLIC OFFERING Pursuant to the Initial Public Offering, the Company sold 29,900,000 Public Shares which includes a full exercise by the underwriters of their over-allotment option in the amount of 3,900,000 Public Shares, at a purchase price of $10.00 per Public Share.

Private Placement

Private Placement	9 Months Ended
	Sep. 30, 2021
Private Placement [Abstract]
PRIVATE PLACEMENT	NOTE 5. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 12,960,000 Private Placement Warrants at a price of $0.50 per Private Placement Warrant, for an aggregate purchase price of $6,480,000 in a private placement. Each Private Placement Warrant is exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 9). A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Warrants will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 6. RELATED PARTY TRANSACTIONS Founder Shares On November 4, 2020, the Sponsor purchased 15,812,500 Class B ordinary shares (the “Founder Shares”) for an aggregate purchase price of $25,000. In December 2020, the Sponsor returned to the Company for cancellation, at no cost, an aggregate of 10,062,500 Founder Shares, resulting in the Sponsor holding an aggregate of 5,750,000 Founder Shares. In December 2020, the Sponsor transferred 947,097 Founder Shares to its Chief Executive Officer, 299,241 Founder Shares to an affiliate of the Sponsor (which amounts have been adjusted for the share dividend referred to below) and 5,000 Founder Shares to each of its independent director nominees and its senior advisor. In January 2021, the Company effected a share dividend of 0.3 shares for each Founder Share in issue, resulting in an aggregate of 7,475,000 Founder Shares outstanding. The Founder Shares included an aggregate of up to 975,000 shares that are subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the number of Founder Shares will equal 20% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. As a result of the underwriters’ election to fully exercise their over-allotment option, a total of 975,000 Founder Shares are no longer subject to forfeiture. The Sponsor has agreed, subject to limited exceptions, not to transfer, assign or sell any Founder Shares until the earlier to occur of (i) one year after the completion of the Company’s Business Combination or (ii) subsequent to a Business Combination, (x) if the last sale price of the Company’s Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share consolidations, share capitalizations, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s Business Combination or (y) the date following the completion of a Business Combination on which the Company completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of the Company’s public shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property. Advances from Related Party As of September 30, 2021, the Sponsor paid for certain expenses on behalf of the Company. The advances are non-interest bearing and due on demand. As of September 30, 2021, advances amounting to $400,000 were outstanding. There were no advances outstanding as of December 31, 2020. Promissory Note — Related Party On November 3, 2020, the Company issued an unsecured promissory note (the “Promissory Note”) to the Sponsor, pursuant to which the Company could borrow up to an aggregate principal amount of $300,000. The Promissory Note was non-interest bearing and payable on the earlier of (i) June 30, 2021 or (ii) the completion of the Initial Public Offering. As of September 30, 2021 and December 31, 2020, there was $300,000 and $90,652, respectively, outstanding under the Promissory Note, which is currently due on demand. Related Party Loans In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (the “Working Capital Loans”). If the Company completes a Business Combination, the Company may repay the Working Capital Loans. Otherwise, the Working Capital Loans may be repaid only out of funds held outside the Trust Account. The Working Capital Loans would either be repaid upon consummation of a Business Combination or, at the lender’s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $0.50 per warrant. Such warrants would be identical to the Private Placement Warrants. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. As of September 30, 2021 and December 31, 2020, there were no amounts outstanding under the Working Capital Loans. Affiliates Participation in Proposed Offering On January 28, 2021, affiliates of the Sponsor purchased $78,750,000 of Class A ordinary shares (7,875,000 ordinary shares at $10.00 per ordinary share) in the Initial Public Offering. The underwriters did not receive any underwriting discounts or commissions on $50,000,000 of the Class A ordinary shares purchased by the sponsor affiliates and a third party introduced by the sponsor. These sponsor affiliates and a third party introduced by the sponsor have the same redemption rights and rights to the funds held in the Trust Account with respect to the Class A ordinary shares purchased in the Initial Public Offering as the rights afforded to the public shareholders.

Commitments

Commitments	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	NOTE 7. COMMITMENTS Risks and Uncertainties Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Registration Rights Pursuant to a registration and shareholders rights agreement entered into on January 25, 2021, the of the Founder Shares, Private Placement Warrants and any warrants that may be issued upon conversion of Working Capital Loans (and any Class A ordinary shares issuable upon the exercise of the Private Placement Warrants or warrants issued upon conversion of the Working Capital Loans and upon conversion of the Founder Shares) will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective date of the Initial Public Offering requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. In addition, if the Sponsor affiliates acquire shares in the Initial Public Offering they would become affiliates (as defined in the Securities Act) of the Company following the Initial Public Offering, and the Company would file a registration statement following the Initial Public Offering to register the resale of the Public Shares purchased by the Sponsor affiliates (or their nominees) in the Initial Public Offering. The Sponsor affiliates will not be subject to any lock-up period with respect to any Public Shares they may purchase. The registration rights agreement does not contain liquidated damages or other cash settlement provisions resulting from delays in registering the Company’s securities. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The underwriters are entitled to a deferred fee of $0.35 per share, or $8,715,000 in the aggregate on 24,900,000 shares sold in the Initial Public Offering, which excludes 5,000,000 of the 7,875,000 shares that were purchased by an affiliate. Business Combination Agreement On July 23, 2021, the Company entered into a Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), by and among PropertyGuru Group Limited, a Cayman Islands exempted company limited by shares (“PubCo”), B2 PubCo Amalgamation Sub Pte. Ltd., a Singapore private company limited by shares and a direct wholly-owned subsidiary of PubCo (“Amalgamation Sub”) and PropertyGuru Pte. Ltd., a Singapore private company limited by shares (“PropertyGuru”). The Business Combination Agreement and the transactions contemplated thereby were approved by the boards of directors of each of the Company and PropertyGuru, save for PropertyGuru’s approval of (i) the Amalgamation (as defined below), which is subject to a prescribed approval process under Singapore law, and (ii) the conversion of preference shares in the capital of PropertyGuru, which is to occur upon completion of a separate transaction entered into by PropertyGuru, but which in any event is agreed to occur prior to closing under the Business Combination Agreement. The Business Combination The Business Combination Agreement provides for, among other things, the following transactions: (i) the Company will merge with and into PubCo (the “Merger”), with PubCo being the surviving entity; and (ii) following the Merger, Amalgamation Sub and PropertyGuru will amalgamate and continue as one company, with PropertyGuru being the surviving entity and becoming a wholly-owned subsidiary of PubCo (the “Amalgamation”). The Merger, the Amalgamation and the other transactions contemplated by the Business Combination Agreement are hereinafter referred to as the “Business Combination.” The Business Combination is expected to close in the fourth quarter of 2021 or the first quarter of 2022, following the receipt of the required approval by the Company’s and PropertyGuru’s shareholders and the fulfillment of other customary closing conditions. Business Combination Consideration In accordance with the terms and subject to the conditions of the Business Combination Agreement, (i) each issued and outstanding PropertyGuru ordinary share will automatically be cancelled and converted into such number of newly issued PubCo ordinary shares as determined in accordance with the Business Combination Agreement; (ii) each outstanding PropertyGuru restricted stock unit award will be assumed by PubCo and converted into the right to receive restricted stock units based on such number of newly issued PubCo ordinary shares as determined in accordance with the Business Combination Agreement; (iii) each outstanding PropertyGuru option will be assumed by PubCo and converted into an option in respect of such number of newly issued PubCo ordinary shares as determined in accordance with the Business Combination Agreement; (iv) each Company Warrant (as defined in the Business Combination Agreement) will be assumed by PubCo and converted into a PubCo warrant to purchase such number of newly issued PubCo ordinary shares as determined in accordance with the Business Combination Agreement and pursuant to the Company Warrant Assumption Agreement (as defined in the Business Combination Agreement); (v) each issued and outstanding share of Amalgamation Sub will automatically be converted into one Surviving Company Ordinary Share (as defined in the Business Combination Agreement) and accordingly, PubCo shall be the holder of all Surviving Company Ordinary Shares; (vi) each issued and outstanding Class A ordinary share and Class B ordinary share of the Company will be cancelled and cease to exist in exchange for one PubCo ordinary share; and (vii) each issued and outstanding 2 private placement warrant of the Company will be assumed by PubCo and converted into a warrant to purchase one PubCo ordinary share. Representations and Warranties; Covenants The Business Combination Agreement contains representations, warranties and covenants of each of the parties thereto that are customary for transactions of this type. The parties have also agreed, among other things, (i) that, subject to receiving the necessary shareholder approval, PubCo will assume and restate all of PropertyGuru’s incentive equity plans into PubCo’s incentive equity plans on closing and (ii) that on closing, the board of directors of PubCo will comprise the directors of PropertyGuru immediately prior to the completion of the Amalgamation (or such other persons as PropertyGuru may designate pursuant to a written notice to be delivered to PubCo sufficiently in advance of the Merger Effective Time (as defined in the Business Combination Agreement)). Conditions to Each Party’s Obligations The obligations of the Company and PropertyGuru to consummate the Business Combination is subject to certain closing conditions, including but not limited to: (i) the Registration Statement (as defined below) having become effective; (ii) the approval of the Company and the PropertyGuru shareholders of the transactions contemplated by the Business Combination Agreement and the other transaction proposals having been obtained; (iii) PubCo’s ordinary shares having been approved for listing on the NYSE (subject to official notice of issuance); (iv) the accuracy of representations and warranties to various standards, from de minimis to material adverse effect; (v) material compliance with pre-closing covenants; (vi) the bring-down to closing of a representation that no material adverse effect has occurred (both for the Company and PropertyGuru); (vii) the absence of a legal prohibition on consummating the transactions; and (viii) the Company having at least $5,000,001 of net tangible assets remaining after accounting for Acquiror Share Redemptions (as defined in the Business Combination Agreement). Termination The Business Combination Agreement may be terminated under customary and limited circumstances prior to the closing of the Business Combination, including, but not limited to: (i) by mutual written consent of the Company and PropertyGuru; (ii) by the Company if the representations and warranties of PropertyGuru are not true and correct at the standards specified in the Business Combination Agreement or if PropertyGuru fails to perform any covenant or agreement set forth in the Business Combination Agreement such that certain conditions to closing would not be satisfied by the closing of the Merger and the breach or breaches of such representations or warranties or the failure to perform such covenant or agreement, as applicable, are not cured or cannot be cured within certain specified time periods; (iii) by PropertyGuru if the representations and warranties of the Company are not true and correct at the standards specified in the Business Combination Agreement or if any of the Company, PubCo or Amalgamation Sub fails to perform any covenant or agreement set forth in the Business Combination Agreement such that certain conditions to closing would not be satisfied by the closing of the Merger and the breach or breaches of such representations or warranties or the failure to perform such covenant or agreement, as applicable, are not cured or cannot be cured within certain specified time periods; (iv) by either the Company or PropertyGuru if the Merger is not consummated by the date that is 270 days following the date of the Business Combination Agreement; (v) by either the Company or PropertyGuru if there is a law or governmental order in effect prohibiting the Business Combination; (vi) by the Company if the Amalgamation is not consummated by the third (3rd) business day following the Merger closing; (vii) by PropertyGuru if the Company’s shareholder approval of the transactions contemplated by the Business Combination Agreement and the other transaction proposals has not been obtained following the Company’s shareholder meeting or any adjournment or postponement thereof; (viii) by the Company if PropertyGuru’s shareholder approval has not been obtained within 35 business days after the Registration Statement (as defined below) has been declared effective by the SEC and (ix) by PropertyGuru if the Company’s board of directors has publicly announced its proposal to, or has publicly announced its resolution to, withhold or withdraw, or to qualify, amend or modify the Company’s board recommendation in a manner detrimental to obtaining the Company’s shareholder approval of the transactions contemplated by the Business Combination Agreement and the other transaction proposals. PIPE Financing (Private Placement) Concurrently with the execution of the Business Combination Agreement, PubCo and the Company entered into (i) subscription agreements (the “Subscription Agreements”) with certain investors and (ii) a subscription agreement (the “REA Subscription Agreement”) with REA Asia Holding Co. Pty Ltd, an affiliate of REA Group Ltd. (which is exercising an existing option to make an equity investment in PropertyGuru). Pursuant to the Subscription Agreements and the REA Subscription Agreement, the investors agreed to subscribe for and purchase, and PubCo agreed to issue and sell to such investors, an aggregate of 13,193,068 PubCo ordinary shares for a purchase price of $10.00 per share, for aggregate gross proceeds of $131,930,680 (the “PIPE Financing”). The foregoing descriptions of the Subscription Agreements, the REA Subscription Agreement and the PIPE Financing are subject to and qualified in their entirety by reference to the full text of the REA Subscription Agreement and the form of the Subscription Agreements.

Shareholders_ Equity

Shareholders’ Equity	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity Note [Abstract]
SHAREHOLDERS’ EQUITY	NOTE 8. SHAREHOLDERS’ EQUITY Preference Shares Class A Ordinary Shares Class B Ordinary Shares Holders of Class A ordinary shares and Class B ordinary shares will vote together as a single class on all other matters submitted to a vote of shareholders, except as required by law; provided that only holders of Class B ordinary shares have the right to vote on the appointment of directors prior to the Company’s initial Business Combination. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of a Business Combination on a one-for-one basis, subject to adjustment. In the case that additional Class A ordinary shares, or equity-linked securities, are issued or deemed issued in excess of the amounts sold in the Initial Public Offering and related to the closing of a Business Combination, the ratio at which Class B ordinary shares shall convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti-dilution adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, 20% of the sum of all ordinary shares issued and outstanding upon completion of the Initial Public Offering plus all Class A ordinary shares and equity-linked securities issued or deemed issued in connection with the Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the Business Combination and any private placement-equivalent warrants issued to the Sponsor or its affiliates upon conversion of loans made to the Company).

Warrants

Warrants	9 Months Ended
	Sep. 30, 2021
Warrants Disclosure [Abstract]
WARRANTS	NOTE 9. WARRANTS As of September 30, 2021, there are 12,960,000 Private Placement Warrants outstanding. There were no warrants outstanding as of December 31, 2020. Each Private Placement Warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment as provided herein. The Private Placement Warrants will become exercisable 30 days after the completion of the Company’s Business Combination and will expire five years after the completion of the Company’s Business Combination or earlier upon its liquidation. The Private Placement Warrants (including the Class A ordinary shares issuable upon exercise of the Private Placement Warrant) will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions, and they will not be redeemable by the Company and will be exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 10. FAIR VALUE MEASUREMENTS The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. At September 30, 2021, assets held in the Trust Account were comprised of $299,012,025 in money market funds which are invested primarily in U.S. Treasury Securities. At December 31, 2020 no assets were held in the Trust Account. The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at September 30, 2021 and December 31, 2020 indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: Description Level September 30, 2021 December 31, Assets: Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund 1 $ 299,012,025 $ — Liabilities: Warrant Liability – Private Placement Warrants 3 9,460,800 — The Warrants were accounted for as liabilities in accordance with ASC 815-40 and are presented within warrant liabilities on our balance sheet. The warrant liabilities are measured at fair value at inception and on a recurring basis, with changes in fair value presented within change in fair value of warrant liabilities in the statements of operations. The Private Warrants were valued using a Modified Black Scholes Option Pricing Model, which is considered to be a Level 3 fair value measurement. The Modified Black Scholes model’s primary unobservable input utilized in determining the fair value of the Private Warrants is the expected volatility of the ordinary shares. The expected volatility as of the IPO date was derived from observable public warrant pricing on comparable ‘blank-check’ companies without an identified target. The expected volatility as of subsequent valuation dates was implied from the Company’s own public warrant pricing. The key inputs into the Black-Scholes-Merton model for the Private Warrants as of the initial measurement date and September 30, 2021 were as follows: Input September 30, January 28, 2021 Stock Price $ 9.91 $ 10.00 Risk-free interest rate 1.04 % 0.59 % Expected term (years) 5.34 5.25 Expected volatility 12.1 % 19.4 % Exercise price $ 11.50 $ 11.50 Probability of transaction 100 % 80 % Fair value of Units $ 0.73 $ 1.07 The following table presents the changes in the fair value of warrant liability: Private Placement (1) Fair value as of January 1, 2021 $ — Initial measurement on January 28, 2021 13,867,200 Change in valuation inputs or other assumptions (4,406,400 ) Fair value as of September 30, 2021 $ 9,460,800 (1) As a result of the difference in fair value of $0.73 per share of the Private Placement Warrants and the purchase of $0.50 per share (see Note 5), the Company recorded a charge of $9.5 million as of September 30, 2021 which is included in the private placement liability.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed financial statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the unaudited condensed financial statements, other than the restatement discussed in Note 2.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on March 25, 2021. The interim results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future interim periods.
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 independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a 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 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 financial statement with another public company which is neither an emerging growth company nor an emerging growth company which 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 the unaudited condensed financial statements in conformity with GAAP requires the Company’s 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. . One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. 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 did not have any cash equivalents as of September 30, 2021 and December 31, 2020.
Offering Costs	Offering Costs Offering costs consist of legal, accounting, underwriting fees and other costs incurred through the balance sheet date that are directly related to the Initial Public Offering. Offering costs were 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 warrant liabilities were expensed as incurred in the statements of operations. Offering costs amounting to $14,175,907 associated with the Class A ordinary shares issued were initially charged to temporary equity and then accreted to ordinary shares subject to redemption upon the completion of the Initial Public Offering. Offering costs amounting to $22,869 were related to the warrant liabilities and charged to the statements of operations.
Class A Ordinary Shares Subject to Possible Redemption	Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, ordinary shares is classified as stockholders’ equity. The Company’s Class A ordinary shares features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, shares of Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheets. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. At September 30, 2021, the Class A ordinary shares reflected in the condensed balance sheet are reconciled in the following table: Gross proceeds $ 299,000,000 Less: Class A ordinary shares issuance costs $ (14,175,907 ) Plus: Accretion of carrying value to redemption value $ 14,175,907 Class A ordinary shares subject to possible redemption $ 299,000,000
Warrant Liability	Warrant Liability The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) ASC 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the statements of operations. The fair value of the warrants was estimated using a Modified Black Scholes approach (see Note 10).
Income Taxes	Income Taxes The Company accounts for income taxes under ASC Topic 740, “Income Taxes,” which 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. The Company’s management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of September 30, 2021 and December 31, 2020, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. 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 considered to be an exempted Cayman Islands company with no connection to any other taxable jurisdiction and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented.
Net Loss Per Ordinary Share	Net Income (Loss) per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. The Company applies the two-class method in calculating earnings per share. Accretion associated with the redeemable shares of Class A ordinary share is excluded from earnings per share as the redemption value approximates fair value. The calculation of diluted income (loss) per share does not consider the effect of the warrants issued in connection with the (i) Initial Public Offering, and (ii) the private placement since the exercise of the warrants is contingent upon the occurrence of future events. The warrants are exercisable to purchase 12,960,000 Class A ordinary shares in the aggregate. For the respective periods ending September 30, 2021 and 2020, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the periods presented. The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): Three Months Three Months Nine Months For the Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income (loss) per ordinary share Numerator: Allocation of net income (loss), as adjusted $ 4,340,772 $ 1,226,740 $ — — $ (5,766,775 ) $ (1,441,694 ) $ — $ (10,000 ) Denominator: Basic and diluted weighted average shares outstanding 29,900,000 7,475,000 — — 26,833,333 7,375,000 — — Basic and diluted net income (loss) per ordinary share $ 0.15 $ 0.15 $ — — $ (0.20 ) $ (0.20 ) $ — $ —
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 Depository Insurance Corporation coverage limit of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such account.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.
Recent Accounting Standards	Recent Accounting Standards In August 2020, the FASB issued Accounting Standard Update (the “ASU”) No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. The Company early adopted the ASU on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows. Management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the Company’s unaudited condensed financial statements.

Restatement of Previously Iss_2

Restatement of Previously Issued Financial Statements (Tables)	9 Months Ended
	Sep. 30, 2021
Condensed Financial Information Disclosure [Abstract]
Schedule of impact of the revision on the company’s financial statements	Balance Sheet as of January 28, 2021 As Previously Adjustment As Restated Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Class A ordinary shares $ 266 $ (266 ) $ — Additional paid-in capital $ 12,419,059 $ (12,419,059 ) $ — Accumulated deficit $ (7,420,069 ) $ (14,151,655 ) $ (21,571,724 ) Total Shareholders’ Equity (Deficit) $ 5,000,004 $ (26,570,980 ) $ (21,570,976 ) Balance Sheet as of March 31, 2021 (unaudited) Class A ordinary shares subject to possible redemption $ 269,927,610 $ 29,072,390 $ 299,000,000 Class A ordinary shares $ 291 $ (291 ) $ — Additional paid-in capital $ 14,920,444 $ (14,920,444 ) $ — Retained earnings $ (9,921,473 ) $ (14,151,655 ) $ (24,073,128 ) Total Shareholders’ Equity (Deficit) $ 5,000,010 $ (29,072,390 ) $ (24,072,380 ) Balance Sheet as of June 30, 2021 (unaudited) Class A ordinary shares subject to possible redemption $ 267,063,110 $ 31,936,890 $ 299,000,000 Class A ordinary shares $ 319 $ (319 ) $ — Additional paid-in capital $ 17,784,916 $ (17,784,916 ) $ — Retained earnings $ (12,785,981 ) $ (14,151,655 ) $ (26,937,636 ) Total Shareholders’ Equity (Deficit) $ 5,000,002 $ (31,936,890 ) $ (26,936,888 )
Schedule of impact of the revision on the company’s operation statement	Statement of Operations for the Three Months Ended March 31, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 (9,302,222 ) 20,597,778 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.36 ) $ (0.36 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,171,667 — 7,171,667 Basic and diluted net loss (income) per share, Class B ordinary shares $ (1.38 ) $ 1.02 $ (0.36 ) Statement of Operations for the Three Months Ended June 30, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 — 29,900,000 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.08 ) $ (0.08 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,475,000 — 7,475,000 Basic and diluted net loss (income) per share, Class B ordinary shares $ (0.38 ) $ 0.30 $ (0.08 ) Statement of Operations for the Six Months Ended June 30, 2021 (Unaudited) As Previously Adjustment As Restated Basic and diluted weighted average shares outstanding, Class A ordinary shares 29,900,000 (4,625,414 ) 25,274,586 Basic and diluted net income per share, Class A ordinary shares $ — $ (0.39 ) $ (0.39 ) Basic and diluted weighted average shares outstanding, Class B ordinary shares 7,324,171 — 7,324,171 Basic and diluted net loss (income) per share, Class B ordinary shares $ 1.75 $ (2.14 ) $ (0.39 )
Schedule of impact of the revision on the company’s cash flow	Statement of Cash Flows for the three months ended March 31, 2021 (unaudited) As Previously Adjustment As Restated Initial classification of Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Change in value of Class A ordinary shares subject to possible redemption $ (2,501,410 ) $ 2,501,410 $ — Statement of Cash Flows for the sixth months ended June 30, 2021 (unaudited) As Previously Adjustment As Restated Initial classification of Class A ordinary shares subject to possible redemption $ 272,429,020 $ 26,570,980 $ 299,000,000 Change in value of Class A ordinary shares subject to possible redemption $ (5,365,910 ) $ (5,365,910 ) $ —

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Schedule of class A ordinary shares reflected in the condensed balance sheet	Gross proceeds $ 299,000,000 Less: Class A ordinary shares issuance costs $ (14,175,907 ) Plus: Accretion of carrying value to redemption value $ 14,175,907 Class A ordinary shares subject to possible redemption $ 299,000,000
Schedule of basic and diluted net income (loss) per ordinary share	Three Months Three Months Nine Months For the Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income (loss) per ordinary share Numerator: Allocation of net income (loss), as adjusted $ 4,340,772 $ 1,226,740 $ — — $ (5,766,775 ) $ (1,441,694 ) $ — $ (10,000 ) Denominator: Basic and diluted weighted average shares outstanding 29,900,000 7,475,000 — — 26,833,333 7,375,000 — — Basic and diluted net income (loss) per ordinary share $ 0.15 $ 0.15 $ — — $ (0.20 ) $ (0.20 ) $ — $ —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on a recurring basis	Description Level September 30, 2021 December 31, Assets: Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund 1 $ 299,012,025 $ — Liabilities: Warrant Liability – Private Placement Warrants 3 9,460,800 —
Schedule of black-scholes-merton model for the warrants	Input September 30, January 28, 2021 Stock Price $ 9.91 $ 10.00 Risk-free interest rate 1.04 % 0.59 % Expected term (years) 5.34 5.25 Expected volatility 12.1 % 19.4 % Exercise price $ 11.50 $ 11.50 Probability of transaction 100 % 80 % Fair value of Units $ 0.73 $ 1.07
Schedule of changes in the fair value of warrant liability	Private Placement (1) Fair value as of January 1, 2021 $ — Initial measurement on January 28, 2021 13,867,200 Change in valuation inputs or other assumptions (4,406,400 ) Fair value as of September 30, 2021 $ 9,460,800

Description of Organization a_2

Description of Organization and Business Operations (Details) - USD ($)	1 Months Ended	9 Months Ended
	Jan. 28, 2021	Sep. 30, 2021
Description of Organization and Business Operations (Details) [Line Items]
Underwriting fees		$ 4,980,000
Deferred underwriting fees		8,715,000
Other offering costs		503,776
Offering costs		14,175,907
Offering costs related to warrant liability		$ 22,869
Public per share (in Dollars per share)		$ 10
Percentage of fair market value		80.00%
Ownership interest, percentage		50.00%
Net tangible assets		$ 5,000,001
Aggregate of public share, percentage		15.00%
Redemption of public shares percentage		100.00%
Dissolution expenses		$ 100,000
Initial Public Offering [Member]
Description of Organization and Business Operations (Details) [Line Items]
Issuance of shares (in Shares)	29,900,000	29,900,000
Price per unit (in Dollars per share)		$ 10
Net Proceeds	$ 299,000,000
Public per share (in Dollars per share)	$ 10	$ 10
Over-Allotment Option [Member]
Description of Organization and Business Operations (Details) [Line Items]
Issuance of shares (in Shares)	3,900,000
Price per share (in Dollars per share)	$ 10
Generating gross proceeds	$ 299,000,000
Private Placement Warrants [Member]
Description of Organization and Business Operations (Details) [Line Items]
Generating gross proceeds		$ 6,480,000
Sale of warrants (in Shares)		12,960,000
Price per unit (in Dollars per share)		$ 0.5
Business Combination [Member]
Description of Organization and Business Operations (Details) [Line Items]
Transaction costs		$ 14,198,776

Restatement of Previously Iss_3

Restatement of Previously Issued Financial Statements (Details)	Sep. 30, 2021USD ($)$ / shares
Condensed Financial Information Disclosure [Abstract]
shares subject to possible redemption value, per shares | $ / shares	$ 10
Net tangible assets | $	$ 5,000,001

Restatement of Previously Iss_4

Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s financial statements - USD ($)	Jun. 30, 2021	Mar. 31, 2021	Jan. 28, 2021
As Previously Reported [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s financial statements [Line Items]
Class A ordinary shares subject to possible redemption	$ 267,063,110	$ 269,927,610	$ 272,429,020
Class A ordinary shares	319	291	266
Additional paid-in capital	17,784,916	14,920,444	12,419,059
Accumulated deficit	(12,785,981)	(9,921,473)	(7,420,069)
Total Shareholders’ Equity (Deficit)	5,000,002	5,000,010	5,000,004
Adjustment [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s financial statements [Line Items]
Class A ordinary shares subject to possible redemption	31,936,890	29,072,390	26,570,980
Class A ordinary shares	(319)	(291)	(266)
Additional paid-in capital	(17,784,916)	(14,920,444)	(12,419,059)
Accumulated deficit	(14,151,655)	(14,151,655)	(14,151,655)
Total Shareholders’ Equity (Deficit)	(31,936,890)	(29,072,390)	(26,570,980)
As Restated [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s financial statements [Line Items]
Class A ordinary shares subject to possible redemption	299,000,000	299,000,000	299,000,000
Class A ordinary shares
Additional paid-in capital
Accumulated deficit	(26,937,636)	(24,073,128)	(21,571,724)
Total Shareholders’ Equity (Deficit)	$ (26,936,888)	$ (24,072,380)	$ (21,570,976)

Restatement of Previously Iss_5

Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s operation statement - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
As Previously Reported [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s operation statement [Line Items]
Basic and diluted weighted average shares outstanding, Class A ordinary shares	29,900,000	29,900,000	29,900,000
Basic and diluted net income per share, Class A ordinary shares
Basic and diluted weighted average shares outstanding, Class B ordinary shares	7,475,000	7,171,667	7,324,171
Basic and diluted net loss (income) per share, Class B ordinary shares	$ (0.38)	$ (1.38)	$ 1.75
Adjustment [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s operation statement [Line Items]
Basic and diluted weighted average shares outstanding, Class A ordinary shares		(9,302,222)	(4,625,414)
Basic and diluted net income per share, Class A ordinary shares	$ (0.08)	$ (0.36)	$ (0.39)
Basic and diluted weighted average shares outstanding, Class B ordinary shares
Basic and diluted net loss (income) per share, Class B ordinary shares	$ 0.3	$ 1.02	$ (2.14)
As Restated [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s operation statement [Line Items]
Basic and diluted weighted average shares outstanding, Class A ordinary shares	29,900,000	20,597,778	25,274,586
Basic and diluted net income per share, Class A ordinary shares	$ (0.08)	$ (0.36)	$ (0.39)
Basic and diluted weighted average shares outstanding, Class B ordinary shares	7,475,000	7,171,667	7,324,171
Basic and diluted net loss (income) per share, Class B ordinary shares	$ (0.08)	$ (0.36)	$ (0.39)

Restatement of Previously Iss_6

Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s cash flow - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2021	Jun. 30, 2021
As Previously Reported [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s cash flow [Line Items]
Initial classification of Class A ordinary shares subject to possible redemption	$ 272,429,020	$ 272,429,020
Change in value of Class A ordinary shares subject to possible redemption	(2,501,410)	(5,365,910)
Adjustment [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s cash flow [Line Items]
Initial classification of Class A ordinary shares subject to possible redemption	26,570,980	26,570,980
Change in value of Class A ordinary shares subject to possible redemption	2,501,410	(5,365,910)
As Restated [Member]
Restatement of Previously Issued Financial Statements (Details) - Schedule of impact of the revision on the company’s cash flow [Line Items]
Initial classification of Class A ordinary shares subject to possible redemption	299,000,000	299,000,000
Change in value of Class A ordinary shares subject to possible redemption

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	9 Months Ended
	Sep. 30, 2021USD ($)
Accounting Policies [Abstract]
Offering costs	$ 14,175,907
Related to the warrant liabilities	22,869
Common stock subject to redemption	12,960,000
Federal depository insurance corporation coverage	$ 250,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of class A ordinary shares reflected in the condensed balance sheet	9 Months Ended
	Sep. 30, 2021USD ($)
Schedule of class A ordinary shares reflected in the condensed balance sheet [Abstract]
Gross proceeds	$ 299,000,000
Less:
Class A ordinary shares issuance costs	(14,175,907)
Plus:
Accretion of carrying value to redemption value	14,175,907
Class A ordinary shares subject to possible redemption	$ 299,000,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of basic and diluted net income (loss) per ordinary share - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2021
Class A [Member]
Numerator:
Allocation of net income (loss), as adjusted (in Dollars)	$ 4,340,772			$ (5,766,775)
Denominator:
Basic and diluted weighted average shares outstanding	29,900,000			26,833,333
Basic and diluted net income (loss) per ordinary share	0.15			(0.2)
Class B [Member]
Numerator:
Allocation of net income (loss), as adjusted (in Dollars)	$ 1,226,740	$ (10,000)		$ (1,441,694)
Denominator:
Basic and diluted weighted average shares outstanding	7,475,000			7,375,000
Basic and diluted net income (loss) per ordinary share	0.15			(0.2)

Initial Public Offering (Detail

Initial Public Offering (Details) - $ / shares	1 Months Ended	9 Months Ended
	Jan. 28, 2021	Sep. 30, 2021
Initial Public Offering (Details) [Line Items]
Purchase price per unit (in Dollars per share)		$ 10
Initial Public Offering [Member]
Initial Public Offering (Details) [Line Items]
Sale of stock	29,900,000	29,900,000
Over-Allotment Option [Member]
Initial Public Offering (Details) [Line Items]
Sale of stock	3,900,000
Amount of public shares		3,900,000

Private Placement (Details)

Private Placement (Details)	9 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Private Placement (Details) [Line Items]
Warrants price, per share	$ 0.5
Price per share	$ 0.35
Private Placement [Member]
Private Placement (Details) [Line Items]
Aggregate purchase share (in Shares) | shares	12,960,000
Purchase price of private placement (in Dollars) | $	$ 6,480,000
Class A Ordinary Shares [Member]
Private Placement (Details) [Line Items]
Price per share	$ 11.5

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Nov. 04, 2020	Jan. 28, 2021	Dec. 31, 2020	Sep. 30, 2021	Nov. 03, 2020
Related Party Transactions (Details) [Line Items]
Founder shares no longer subject to forfeiture (in Shares)				975,000
Advances amounting				$ 400,000
Principal amount					$ 300,000
Borrowings outstanding			$ 90,652	$ 300,000
Warrants price, per share (in Dollars per share)				$ 0.5
Ordinary share, per share (in Dollars per share)				$ 0.35
Founder Shares [Member]
Related Party Transactions (Details) [Line Items]
Sponsor purchased shares (in Shares)	15,812,500
Sponsor Purchase Price	$ 25,000
Sponsor returned for cancellation no cost shares (in Shares)			10,062,500
Sponsor remaining shares (in Shares)			5,750,000
Founder Shares [Member] | Business Combination [Member]
Related Party Transactions (Details) [Line Items]
Founder shares, description			the Sponsor transferred 947,097 Founder Shares to its Chief Executive Officer, 299,241 Founder Shares to an affiliate of the Sponsor (which amounts have been adjusted for the share dividend referred to below) and 5,000 Founder Shares to each of its independent director nominees and its senior advisor. In January 2021, the Company effected a share dividend of 0.3 shares for each Founder Share in issue, resulting in an aggregate of 7,475,000 Founder Shares outstanding. The Founder Shares included an aggregate of up to 975,000 shares that are subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the number of Founder Shares will equal 20% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. As a result of the underwriters’ election to fully exercise their over-allotment option, a total of 975,000 Founder Shares are no longer subject to forfeiture.The Sponsor has agreed, subject to limited exceptions, not to transfer, assign or sell any Founder Shares until the earlier to occur of (i) one year after the completion of the Company’s Business Combination or (ii) subsequent to a Business Combination, (x) if the last sale price of the Company’s Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share consolidations, share capitalizations, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s Business Combination or (y) the date following the completion of a Business Combination on which the Company completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of the Company’s public shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property.
Related Party Loans [Member]
Related Party Transactions (Details) [Line Items]
Working capital loan				$ 1,500,000
Warrants price, per share (in Dollars per share)				$ 0.5
Initial Public Offering [Member]
Related Party Transactions (Details) [Line Items]
Affiliates sponsor agreed to purchase				$ 7,875,000
Class A Ordinary Shares [Member]
Related Party Transactions (Details) [Line Items]
Ordinary share, per share (in Dollars per share)				$ 11.5
Underwriting discounts or commissions		$ 50,000,000
Class A Ordinary Shares [Member] | Initial Public Offering [Member]
Related Party Transactions (Details) [Line Items]
Affiliates sponsor agreed to purchase		$ 78,750,000
Ordinary shares (in Shares)		7,875,000
Ordinary share, per share (in Dollars per share)		$ 10

Commitments (Details)

Commitments (Details)	9 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Commitments (Details) [Line Items]
Per share price (in Dollars per share) | $ / shares	$ 0.35
Deferred fee amount	$ 8,715,000
Aggregate of shares (in Shares) | shares	13,193,068
Net tangible assets	$ 5,000,001
Purchase price per share (in Dollars per share) | $ / shares	$ 10
Aggregate gross proceeds	$ 131,930,680
Initial Public Offering [Member]
Commitments (Details) [Line Items]
Aggregate of shares (in Shares) | shares	24,900,000
Underwriting shares issued (in Shares) | shares	5,000,000
Affiliates sponsor agreed to purchase	$ 7,875,000

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) - $ / shares	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Shareholders’ Equity (Details) [Line Items]
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Shares subject to possible redemption	29,900,000
Preferred Stock [Member]
Shareholders’ Equity (Details) [Line Items]
Preferred stock, shares authorized	1,000,000
Class A Ordinary Shares [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock voting rights	Holders of Class B ordinary shares are entitled to one vote for each share.
Shares subject to possible redemption	29,900,000
Ordinary shares, shares outstanding
Ordinary shares, shares issued
Class A Ordinary Shares [Member] | Common Stock [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares, shares authorized	200,000,000
Class B Ordinary Shares [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock voting rights	Holders of the Company’s Class A ordinary shares are entitled to one vote for each share.
Ordinary shares, shares outstanding	7,475,000	7,475,000
Ordinary shares, shares issued	7,475,000	7,475,000
Issued and outstanding, percentage	20.00%
Class B Ordinary Shares [Member] | Common Stock [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares, shares authorized	20,000,000
Ordinary shares, shares outstanding	7,475,000
Ordinary shares, shares issued		7,475,000

Warrants (Details)

Warrants (Details)	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Warrants (Details) [Line Items]
Warrant expiration term	5 years
Private Warrants [Member]
Warrants (Details) [Line Items]
Warrants outstanding | shares	12,960,000
Exercisable to purchase per shrae | $ / shares	$ 11.5

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Fair Value Measurements (Details) [Line Items]
Assets held in trust account	$ 299,012,025
Purchase per share	$ 0.5
Fair value of charges	$ 9,500,000
Private Placement Warrants [Member]
Fair Value Measurements (Details) [Line Items]
Fair value price per share	$ 0.73

Fair Value Measurements (Detai

Fair Value Measurements (Details) - Schedule of assets and liabilities measured at fair value on a recurring basis - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Level 1 [Member]
Assets:
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$ 299,012,025
Level 3 [Member]
Liabilities:
Warrant Liability – Private Placement Warrants	$ 9,460,800

Fair Value Measurements (Det_2

Fair Value Measurements (Details) - Schedule of black-scholes-merton model for the warrants - $ / shares	1 Months Ended	9 Months Ended
	Jan. 28, 2021	Sep. 30, 2021
Schedule of black-scholes-merton model for the warrants [Abstract]
Stock Price	$ 10	$ 9.91
Risk-free interest rate	0.59%	1.04%
Expected term (years)	5 years 3 months	5 years 4 months 2 days
Expected volatility	19.40%	12.10%
Exercise price	$ 11.5	$ 11.5
Probability of transaction	80.00%	100.00%
Fair value of Units	$ 1.07	$ 0.73

Fair Value Measurements (Det_3

Fair Value Measurements (Details) - Schedule of changes in the fair value of warrant liability	9 Months Ended
	Sep. 30, 2021USD ($)	[1]
Schedule of changes in the fair value of warrant liability [Abstract]
Fair value as of January 1, 2021
Initial measurement on January 28, 2021	13,867,200
Change in valuation inputs or other assumptions	(4,406,400)
Fair value as of September 30, 2021	$ 9,460,800
[1]	As a result of the difference in fair value of $0.73 per share of the Private Placement Warrants and the purchase of $0.50 per share (see Note 5), the Company recorded a charge of $9.5 million as of September 30, 2021 which is included in the private placement liability.