Colonnade Acquisition Corp II (CLAA) 10-Q 22 Nov 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Nov. 22, 2021
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Sep. 30, 2021
Amendment Flag	false
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Registrant Name	COLONNADE ACQUISITION CORP. II
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001837739
Document Quarterly Report	true
Document Transition Report	false
Entity Shell Company	true
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity File Number	001-40184
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	1400 Centrepark Blvd
Entity Address, Address Line Two	Ste 810
Entity Address, City or Town	West Palm Beach
Entity Address, Postal Zip Code	33401
Entity Tax Identification Number	00-0000000
City Area Code	561
Local Phone Number	712-7860
Entity Address, State or Province	FL
Capital Units [Member]
Document Information [Line Items]
Title of 12(b) Security	Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-fifth of one redeemable warrant
Trading Symbol	CLAA.U
Security Exchange Name	NYSE
Warrant [Member]
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share
Trading Symbol	CLAA WS
Security Exchange Name	NYSE
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, par value $0.0001 par value
Trading Symbol	CLAA
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		33,000,000
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,250,000

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 415,801	$ 25,000
Prepaid expenses	687,018
Deferred offering costs associated with IPO		61,814
Total current assets	1,102,819	86,814
Prepaid expenses – non-current portion	295,913
Cash and marketable securities held in trust account	330,054,458
Total assets	331,453,190	86,814
Current liabilities:
Accounts payable and accrued expenses	73,520	35,000
Promissory Note – related party		30,000
Total current liabilities	73,520	65,000
Warrant Liabilities	9,990,000
Deferred underwriters' discount	10,657,500
Total liabilities	20,721,020	65,000
Commitments
Class A ordinary shares subject to possible redemption 33,000,000 and 0 shares at redemption value at September 30, 2021 and December 31, 2020, respectively	330,000,000
Shareholders' equity (deficit):
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital	0	24,137
Accumulated earnings (deficit)	(19,268,655)	(3,186)
Total shareholders' equity (deficit)	(19,267,830)	21,814
Total liabilities and shareholders' equity (deficit)	331,453,190	86,814
Common Class A [Member]
Current liabilities:
Class A ordinary shares subject to possible redemption 33,000,000 and 0 shares at redemption value at September 30, 2021 and December 31, 2020, respectively	330,000,000
Shareholders' equity (deficit):
Common stock value	0	0
Common Class B [Member]
Shareholders' equity (deficit):
Common stock value	$ 825	$ 863

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Temporary equity shares outstanding	33,000,000	0
Preferred stock par value per share	$ 0.0001	$ 0.0001
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common Class A [Member]
Temporary equity shares outstanding	33,000,000	0
Common stock par value per share	$ 0.0001	$ 0.0001
Common stock shares authorized	500,000,000	500,000,000
Common stock shares issued	0	0
Common stock shares outstanding	0	0
Common Class B [Member]
Common stock par value per share	$ 0.0001	$ 0.0001
Common stock shares authorized	50,000,000	50,000,000
Common stock shares issued	8,250,000	8,625,000
Common stock shares outstanding	8,250,000	8,625,000

Condensed Statements of Operati

Condensed Statements of Operations - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Formation and operating costs	$ 303,083	$ 742,033
Loss from operations	(303,083)	(742,033)
Other Income (Expense)
Interest income	24,766	54,458
Change in fair value of warrant liabilities	3,378,666	7,431,333
Offering expenses related to warrant issuance	0	(475,053)
Total other income	3,403,432	7,010,738
Net income	3,100,349	6,268,705
Class A ordinary shares subject to possible redemption [Member]
Other Income (Expense)
Net income	$ 2,480,279	$ 5,038,453
Weighted average shares outstanding	33,000,000	33,000,000
Basic and diluted net income per share	$ 0.08	$ 0.15
Non-redeemable ordinary shares [Member]
Other Income (Expense)
Net income	$ 620,070	$ 1,230,252
Weighted average shares outstanding	8,250,000	8,057,692
Basic and diluted net income per share	$ 0.08	$ 0.15

Condensed Statements of Changes

Condensed Statements of Changes in Shareholders' Equity (Deficit) - USD ($)	Total	Common Class B [Member]	Common Stock [Member]Common Class B [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2020	$ 21,814		$ 863	$ 24,137	$ (3,186)
Beginning balance, Shares at Dec. 31, 2020			8,625,000
Sale of private placement	8,600,000			8,600,000
Initial fair value of private warrants accounted for as liabilities	(8,313,333)			(8,313,333)
Sponsor forfeiture of shares			$ (38)	38
Sponsor forfeiture of shares, Shares			(375,000)
Accretion for Class A ordinary shares subject to redemption	(25,845,016)			(310,842)	(25,534,174)
Net income	34,901				34,901
Ending balance at Mar. 31, 2021	(25,501,634)		$ 825	0	(25,502,459)
Ending balance, Shares at Mar. 31, 2021			8,250,000
Beginning balance at Dec. 31, 2020	21,814		$ 863	24,137	(3,186)
Beginning balance, Shares at Dec. 31, 2020			8,625,000
Sale of private placement		$ 25,000
Net income	6,268,705
Ending balance at Sep. 30, 2021	(19,267,830)		$ 825	0	(19,268,655)
Ending balance, Shares at Sep. 30, 2021			8,250,000
Beginning balance at Mar. 31, 2021	(25,501,634)		$ 825	0	(25,502,459)
Beginning balance, Shares at Mar. 31, 2021			8,250,000
Net income	3,133,455				3,133,455
Ending balance at Jun. 30, 2021	(22,368,179)		$ 825	0	(22,369,004)
Ending balance, Shares at Jun. 30, 2021			8,250,000
Net income	3,100,349				3,100,349
Ending balance at Sep. 30, 2021	$ (19,267,830)		$ 825	$ 0	$ (19,268,655)
Ending balance, Shares at Sep. 30, 2021			8,250,000

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Cash Flows from Operating Activities:
Net income	$ 3,100,349	$ 6,268,705
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on trust account	(24,766)	(54,458)
Change in fair value of warrant liabilities	(3,378,666)	(7,431,333)
Offering costs allocated to warrants	0	475,053
Changes in current assets and current liabilities:
Prepaid assets		(982,931)
Accounts payable		73,520
Net cash used in operating activities		(1,651,444)
Cash Flows from Investing Activities:
Investment of cash into trust account		(330,000,000)
Net cash used in investing activities		(330,000,000)
Cash Flows from Financing Activities:
Proceeds from Initial Public Offering, net of underwriters' discount		323,910,000
Proceeds from issuance of Private Placement Warrants		8,600,000
Proceeds from issuance of promissory note to related party		115,824
Repayment of promissory note to related party		(145,824)
Payments of offering costs		(437,755)
Net cash provided by financing activities		332,042,245
Net Change in Cash		390,801
Cash - Beginning		25,000
Cash - Ending	$ 415,801	415,801
Supplemental Disclosure of Non-cash Financing Activities:
Accretion for Class A ordinary shares subject to redemption		25,845,016
Initial value of warrant liabilities		17,421,333
Deferred underwriting commissions payable charged to additional paid in capital		$ 10,657,500

Organization and Business Opera

Organization and Business Operations	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Operations	Note 1 — Organization and Business Operations Organization and General Colonnade Acquisition Corp. II (the “Company”) was incorporated in Cayman Islands on November 24, 2020. The Company was formed for the purpose of entering into a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “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. The Company has selected December 31 as its fiscal year end. As of September 30, 2021, the Company had not yet commenced any operations. All activity through September 30, 2021, relates to the Company’s formation and the Initial Public Offering (“IPO”) described below. 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 Financing The registration statement for the Company’s IPO was declared effective on March 9, 2021 (the “Effective Date”). On March 12, 2021, the Company consummated the IPO of 33,000,000 units (the “Units” and, with respect to the Class A ordinary shares included in the Units being offered, the “public shares”), at $10.00 per Unit, generating gross proceeds of $330,000,000, which is discussed in Note 4. Simultaneously with the closing of the IPO, the Company consummated the sale of 5,733,333 warrants (the “Private Placement Warrants”), at a price of $1.50 per Private Placement Warrant, which is discussed in Note 5. Transaction costs amounted to $17,212,069 consisting of $6,090,000 of underwriting fee, $10,657,500 of deferred underwriting fee and $464,569 of other offering costs. Of the total transaction cost $475,053 was expensed as non-operating expenses in Trust Account Following the closing of the IPO on March 15, 2021, an amount of $330,000,000 from the net proceeds of the sale of the Units in the IPO and the sale of the Private Placement Warrants was placed in a trust account (the “Trust Account”) which is invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less or in any open-ended investment company that holds itself out as a money market fund meeting the conditions of Rule 2a-7 of the shareholders. Initial Business Combination The Company’s management has broad discretion with respect to the specific application of the net proceeds of the IPO, although substantially all the net proceeds are intended to be generally applied toward consummating a business combination. The Company’s business combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (net of taxes payable) at the time of the signing an agreement to enter into a business combination. However, the Company will only complete a business combination if the post-business combination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a business combination. The Company will provide its public shareholders with the opportunity to redeem all or a portion of their public shares upon the completion of the initial business combination either (i) in connection with a shareholder meeting called to approve the initial business combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a proposed initial business combination or conduct a tender offer will be made by the Company, solely in its discretion. The shareholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). The ordinary shares subject to redemption were recorded at a redemption value and classified as temporary equity upon the completion of the IPO, in accordance with Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” In such case, the Company will proceed with a business combination if the Company has net tangible assets of at least $5,000,001 either immediately prior to or upon consummation of a business combination and, if the Company seeks shareholder approval, a majority of the issued and outstanding shares voted are voted in favor of the business combination. The Company will have until March 12, 2023 (with the ability to extend with shareholder approval) to consummate a business combination (the “Combination Period”). However, if the Company is unable to complete a business combination within the Combination Period, the Company will redeem 100% of the outstanding public shares for a pro rata portion of the funds held in the Trust Account, 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, divided by the number of then outstanding public shares, subject to applicable law and as further described in the registration statement, and then seek to dissolve and liquidate. The Company’s sponsor, Colonnade Sponsor II LLC (the “Sponsor”), officers and directors have agreed to (i) waive their redemption rights with respect to the 7,187,500 Class B ordinary shares issued to the Sponsor for an aggregate purchase price of $25,000 on December 31, 2020 (the “Founder Shares”) and public shares in connection with the completion of the initial business combination, (ii) waive their redemption rights with respect to their Founder Shares and public shares in connection with a shareholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation, and (iii) waive their rights to liquidating distributions from the trust account with respect to their Founder Shares if the Company fails to complete the initial business combination within the Combination Period. The Company’s Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or similar agreement or business combination agreement, reduce the amount of funds in the trust account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per public share held in the trust account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the trust account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act. However, the Company has not asked its Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether its Sponsor has sufficient funds to satisfy its indemnity obligations and believe that the Sponsor’s only assets are securities of the Company. Therefore, the Company cannot assure that its Sponsor would be able to satisfy those obligations. Going Concern As of September 30, 2021, the Company had cash outside the Trust Account of $415,801 and working capital of $1,029,299. All remaining cash held in the Trust Account are generally unavailable for the Company’s use, prior to an initial business combination, and is restricted for use either in a Business Combination or to redeem ordinary shares. As of September 30, 2021, none of the amount in the Trust Account was withdrawn as described above. Through September 30, 2021, the Company’s liquidity needs were satisfied through receipt of $25,000 from the sale of the Founder Shares and the remaining net proceeds from the IPO and the sale of Private Placement Warrants. In order to fund working capital deficiencies or 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. If the Company completes a Business Combination, it would repay such loaned amounts. In the event that a Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, but no proceeds from the Trust Account would be used for such repayment. Up to $1,500,000 of such loans may be convertible into warrants, at a price of $1.50 per warrant unit at the option of the lender. The warrants would be identical to the Private Placement Warrants. Until the consummation of a Business Combination, the Company will be using the funds not held in the Trust Account for identifying and evaluating prospective acquisition candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to acquire, and structuring, negotiating and consummating the Business Combination. The Company may need to raise additional capital through loans or additional investments from its Sponsor, shareholders, officers, directors, or third parties. The Company’s Sponsor, officers and directors may, but are not obligated to, loan the Company funds from time to time or at any time, in whatever amount they deem reasonable in their sole discretion, to meet the Company’s working capital needs. Accordingly, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital, it may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern. Risks and Uncertainties On January 30, 2020, the World Health Organization (“WHO”) announced a global health emergency because of a new strain of coronavirus (the “COVID-19 outbreak”). In March WHO classified the COVID-19 outbreak as a impact of the COVID-19 outbreak continues to impact of the COVID-19 outbreak on the impact of the COVID-19 outbreak on the to contain the COVID-19 outbreak or treat impacted by the COVID-19 outbreak and the

Restatement of Previously Issue

Restatement of Previously Issued Financial Statements	9 Months Ended
	Sep. 30, 2021
Prior Period Adjustment [Abstract]
Restatement of Previously Issued Financial Statements	Note 2 - Restatement In the Company’s previously issued financial statements, a portion of the public shares were classified as permanent equity to maintain net tangible assets greater than $5,000,000 on the basis that the Company will consummate its initial business combination only if the Company has net tangible assets of at least $5,000,001. Thus, the Company has historically classified a portion of Class A ordinary shares in permanent equity to satisfy the $5,000,000 net tangible asset requirement. However, in light of recent comment letters issued by the Securities & Exchange Commission (“SEC”) to several special purpose acquisition companies, management re-evaluated 480-10-S99-3A re-evaluation, In accordance with SEC Staff Accounting Bulletin No. 99, “Materiality,” and SEC Staff Accounting Bulletin No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements;” the Company evaluated the changes and has determined that the related impacts were material to the previously presented financial statements. Therefore, the Company, in consultation with its Audit Committee, concluded that its previously issued financial statements impacted should be restated to report all public shares as temporary equity. As such the Company is restating those periods in this Quarterly Report. Impact of the Restatement There has been no change in the Company’s total assets, liabilities or operating results. The impact to the balance sheet as of March 12, 2021, the balance sheet, statement of operations and statement of changes in shareholders’ equity as of March 31, 2021 and the balance sheet, statement of operations and statement of changes in shareholders’ equity as of June 30, 2021 is presented below: As Previously Restatement Reported Adjustment As Restated Balance Sheet as of March 12, 2021 (per Prospectus filed on March 18, 2021) Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 298,977,980 $ 31,022,020 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 310 (310 ) — Additional paid-in 5,487,535 (5,487,535 ) — Retained Earnings (Accumulated Deficit) (633,242 ) (25,534,175 ) (26,167,417 ) Total shareholders’ equity (deficit) $ 5,000,009 $ (31,022,020 ) $ (26,166,592 ) Shares subject to possible redemption 29,897,798 3,102,202 33,000,000 Financial Statements as of March 31, 2021 (per Form 10-Q Balance Sheet Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 299,498,363 $ 30,501,637 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 305 (305 ) — Additional paid-in 4,967,158 (4,967,158 ) — Retained Earnings (Accumulated Deficit) 31,715 (25,534,174 ) (25,502,459 ) Total shareholders’ equity (deficit) $ 5,000,003 $ (30,501,637 ) $ (25,501,634 ) Shares subject to possible redemption 29,949,836 3,050,164 33,000,000 Statement of Operations Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 29,900,400 3,099,600 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ — $ 0.00 Weighted average shares outstanding, non-redeemable 9,230,467 (1,570,355 ) 7,660,112 Basic and diluted net income per share, non-redeemable $ 0.00 $ — $ 0.00 Statement of Changes in Shareholders’ Equity (1) Ordinary Class A - Shares 3,050,164 (3,050,164 ) — Sale of Units in Initial Public Offering, net of underwriter fee $ 330,000,000 $ (330,000,000 ) $ — Initial fair value of warrants accounted for as liabilities $ (17,421,333 ) $ 9,108,000 $ (8,313,333 ) Underwriter discount $ (6,090,000 ) $ 6,090,000 $ — Deferred underwriter discount $ (10,657,500 ) $ 10,657,500 $ — Other offering cost charged to shareholders’ equity $ (464,569 ) $ 464,569 $ — Reclassification of offering cost related to warrant issuance $ 475,053 $ (475,053 ) $ — Class A ordinary shares subject to possible redemption $ (299,498,363 ) $ 299,498,363 $ — Accretion for Class A ordinary shares subject to redemption $ — $ (25,845,016 ) $ (25,845,016 ) Financial Statements as of June 30, 2021 (per Form 10-Q Balance Sheet Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 302,631,817 $ 27,368,183 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 274 (274 ) — Additional paid-in-capital 1,833,735 (1,833,735 ) — Retained Earnings (Accumulated Deficit) 3,165,170 (25,534,174 ) (22,369,004 ) Total shareholders’ equity (deficit) $ 5,000,004 $ (27,368,183 ) $ (22,368,179 ) Shares subject to possible redemption 30,263,182 2,736,818 33,000,000 Statement of Operations Three Months ended June 30, 2021 Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 30,263,182 2,736,818 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ 0.08 $ 0.08 Weighted average shares outstanding, non-redeemable 10,986,818 (2,736,818 ) 8,250,000 Basic and diluted net income per share, non-redeemable $ 0.28 $ (0.20 ) $ 0.08 Six Months ended June 30, 2021 Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 29,943,752 3,056,248 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ 0.08 $ 0.08 Weighted average shares outstanding, non-redeemable 10,268,210 (2,608,098 ) 7,660,112 Basic and diluted net income per share, non-redeemable $ 0.31 $ (0.23 ) $ 0.08 Statement of Changes in Shareholders’ Equity (1) Three Months ended June 30, 2021 Ordinary Class A - Shares 2,736,818 (2,736,818 ) — Class A ordinary shares subject to possible redemption $ (3,133,454 ) $ 3,133,454 $ — (1) The changes to the Ordinary Class A - Amount, Additional Paid-in Capital, Accumulated Deficit and Total Shareholders’ Equity (Deficit) line items shown in the Balance Sheet are also included in the restatement to the Statement of Changes in Shareholders’ Equity

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Significant Accounting Policies	Note 3— 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 of Regulation S-X of th e e The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s prospectus for its IPO as filed with the SEC on March 10, 2021, as well as the Company’s Current Reports on Form 8-K. The interim Emerging Growth Company Status The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended, (the “Securities Act”), as modified by the Jumpstart our Business Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, 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 standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements 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 financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of 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 condensed consolidated financial statements is the determination of the fair value of the warrant liabilities. Such estimates may be subject to change as more current information becomes available and 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. As of September 30, 2021 and December 31, 2020, the Company had $415,801 and $25,000 in cash, respectively. The Company had no cash equivalents as of September 30, 2021 and December 31, 2020. Marketable Securities Held in Trust Account As of September 30, 2021, the Trust Account had $330,054,458 held in primarily U.S. Treasury bills. During the period January 1, 2021 to September 30, 2021, the Company did not withdraw any of interest income from the Trust Account to pay its tax obligations. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000. As of September 30, 2021, the Company has not experienced losses on this account. Ordinary shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of September 30, 2021, 33,000,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet. 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. Increases or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in capital and accumulated deficit. Gross Proceeds $ 330,000,000 Less: Proceeds allocated to public warrants (9,108,000 ) Issuance costs related to Class A ordinary shares (16,737,016 ) Plus: Accretion of carrying value to redemption value 25,845,016 Contingently redeemable Class A ordinary shares $ 330,000,000 Net Income per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. The Company applies the two-class anti-dilutive. For the For the Ordinary shares subject to possible redemption Numerator: Net loss allocable to Class A ordinary shares subject to possible redemption $ 2,480,279 $ 5,038,453 Denominator: Weighted Average Redeemable Class A Ordinary shares, Basic and Diluted 33,000,000 33,000,000 Basic and Diluted net loss per share, Redeemable Class A Ordinary shares $ 0.08 $ 0.15 Non-Redeemable Numerator: Net loss allocable to Class B ordinary shares not subject to redemption $ 620,070 $ 1,230,252 Denominator: Weighted Average Non-Redeemable 8,250,000 8,057,692 Basic and diluted net loss per share, ordinary shares $ 0.08 $ 0.15 Offering Costs The Company complies with the requirements of the ASC 340-10-S99-1 and SEC as a non-operating expense in Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under the Financial Accounting Standards Board (“FASB”) ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet. Derivative Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued share purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and Accounting Standards Codification 815-40, Derivatives and The Company accounts for its 12,333,333 warrants issued in connection with its IPO (6,600,000) and private placement (5,733,333) as derivative warrant liabilities in accordance with ASC 815. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each Income Taxes The Company accounts for income taxes under FASB ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized . FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2021. The Company’s management determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of September 30, 2021, there were no unrecognized tax benefits and no amounts were accrued for the payment of 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. There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statements. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. Recent Accounting Standards In August 2020, FASB issued Accounting Standards Update (“ASU”) 2020-06, 470-20) 815-40) 2020-06”) 2020-06 2020-06 if-converted 2020-06 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Initial Public Offering

Initial Public Offering	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity Note [Abstract]
Initial Public Offering	Note 4 — Initial Public Offering Pursuant to the IPO, the Company sold 33,000,000 Units, (at a price of $10.00 per Unit. Each Unit consists of one share of Class A ordinary shares, par value $0.0001 per share one-fifth

Private Placement Warrants

Private Placement Warrants	9 Months Ended
	Sep. 30, 2021
Warrants and Rights Note Disclosure [Abstract]
Private Placement Warrants	Note 5 — Private Placement Warrants Simultaneously with the closing of the IPO, the Sponsor purchased an aggregate of 5,733,333 Private Placement Warrants at a price of $1.50 per warrant ($8,600,000 in the aggregate), each Private Placement Warrant is exercisable to purchase one share of Class A ordinary shares at a price of $11.50 per share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from this offering to be held in the Trust Account. The Private Placement Warrants will be identical to the warrants sold in the IPO except that the Private Placement Warrants, so long as they are held by the Sponsor or its permitted transferees, (i) will not be redeemable by the Company, (ii) may not (including the Class A ordinary shares issuable upon exercise of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the Company’s initial Business Combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to certain registration rights. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the warrants included in the units being sold in the IPO. The Sponsor has agreed to (i) waive its redemption rights with respect to its Founder Shares and public shares in connection with the completion of the initial Business Combination, (ii) waive its redemption rights with respect to its Founder Shares and public shares 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 the initial Business Combination or to redeem 100% of the Company’s public shares if the Company has not consummated an initial Business Combination within the Combination Period or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination

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 December 31, 2020, the Company issued 7,187,500 Class B ordinary shares to the Sponsor for an aggregate purchase price of $25,000. On February 24, 2021, the Company effected a share capitalization of 1,437,500 shares, resulting in 8,625,000 shares of Class B ordinary shares being issued and outstanding. Up to 1,125,000 Founder Shares are subject to forfeiture by the Sponsor depending on the extent to which the underwriters’ over-allotment option is exercised. On March 12, 2021, the underwriter partially exercised the over-allotment option and therefore 375,000 Founder Shares were forfeited, and 750,000 Founder Shares are no longer subject to forfeiture, resulting in 8,250,000 Founder Shares outstanding at September 30, 2021. The initial shareholders have agreed not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier to occur of: (i) one year after the completion of the initial Business Combination, or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the “lock-up”). Notwithstanding the foregoing, if the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, within any 30-trading day period released from the lock-up. Promissory Note — Related Party On December 17, 2020, the Sponsor agreed to loan the Company up to $300,000 to be used for a portion of the expenses of the IPO. These loans are non-interest bearing, unsecured Administrative Support Agreement Commencing on the date of the IPO, the Company has agreed to pay the Sponsor a total of $30,000 per month for office space and administrative support services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. For the three and nine months ended September 30, 2021, the Company has incurred $90,000 and $201,290, respectively, in expense pursuant to this agreement. All outstanding fees owed are paid and thus nothing is accrued as of September 30, 2021. Working Capital Loans In addition, in order to finance transaction costs in connection with a Business Combination, the initial shareholders or an affiliate of the initial shareholders or certain of the Company’s directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants. As of September 30, 2021, the Company had not outstanding borrowings under the Working Capital Loans.

Commitments & Contingencies

Commitments & Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments & Contingencies	Note 7 — Commitments & Contingencies Registration Rights The holders of the (i) Founder Shares, which were issued in a private placement prior to the closing of the IPO, (ii) Private Placement Warrants which will be issued in a private placement simultaneously with the closing of the IPO and the Class A ordinary shares underlying such Private Placement Warrants and (iii) Private Placement Warrants that may be issued upon conversion of Working Capital Loans have registration rights to require the Company to register a sale of any of its securities held by them pursuant to a registration rights agreement. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the Company’s completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriters Agreement On March 12, 2021, the Company paid a fixed underwriting discount of $6,090,000. Additionally, a deferred underwriting discount of $10,657,500 will be payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes an initial Business Combination, subject to the terms of the underwriting agreement.

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 holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of the Company’s shareholders except as required by law. Unless specified in the Company’s amended and restated memorandum and articles of association, or as required by applicable provisions of the Companies Act or applicable stock exchange rules, the affirmative vote of a majority of the Company’s ordinary shares that are voted is required to approve any such matter voted on by its shareholders. The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the initial Business Combination on a one-for-one basis, subject for share sub-divisions, share capitalizations, less than one-for-one

Warrants

Warrants	9 Months Ended
	Sep. 30, 2021
Warrants and Rights Note Disclosure [Abstract]
Warrants	Note 9 — Warrants Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as discussed herein. In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and in the case of any such issuance to the Sponsor or its affiliate, without taking into account any Founder Shares held by the Sponsor or such affiliate, as applicable, prior to such issuance (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Company’s Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the Market Value, the $18.00 per share redemption trigger prices described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price. The warrants will become exercisable 30 days after the completion of its initial Business Combination and will expire five years after the completion of the Company’s initial Business Combination, or earlier upon redemption or liquidation. The Company has agreed that as soon as practicable, but in no event later than fifteen (15) business days after the closing of the initial Business Combination, it will use its commercially reasonable efforts to file with the SEC a post-effective amendment to the registration statement o, under the Securities Act, of the Class A ordinary shares issuable upon exercise of the warrants. The Company will use its commercially reasonable efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration or redemption of the warrants in accordance with the provisions of the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Company’s Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elect, it will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, it will use its commercially reasonable efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $18.00 Once the warrants become exercisable, the Company may redeem the outstanding warrants: • in whole and not in part; • at a price of $0.01 per warrant; • upon not less than 30 days’ prior written notice of redemption to each warrant holder (the “30-day redemption • if, and only if, the reported sale price of the ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day In no event will the Company be required to net cash settle any warrants. Redemption of Warrants when the price per Class A Ordinary Share equals or exceeds $10.00. • in whole and not in part; • at a price of $0.10 per warrant; • upon a minimum of 30 days’ prior written notice of redemption; provided • if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading day If the Company is unable to complete the initial Business Combination within the combination period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10 — Fair Value Measurements Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. Contracts in Entity’s Own Equity (“ASC 815”), the Company concluded that a provision in the Warrant Agreement related to certain tender or exchange offers precludes the warrants from being accounted for as components of equity. As the warrants meet the definition of a derivative as contemplated in ASC 815, the warrants should be recorded as derivative liabilities. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include: • Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; • Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and • Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at September 30, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: Quoted Significant Significant Prices In Other Other Active Observable Unobservable September 30, Markets Inputs Inputs 2021 (Level 1) (Level 2) (Level 3) Description Warrant liabilities – Public Warrants 5,346,000 5,346,000 — — Warrant liabilities – Private Warrants 4,644,000 — — 4,644,000 $ 9,990,000 $ 5,346,000 $ — $ 4,644,000 The Company’s warrant liability for the Public Warrants is based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. The fair value of the Public Warrant liability is classified within Level 1 of the fair value hierarchy. The Company utilizes a Black Scholes model to value the Private Placement Warrants at each reporting period, with changes in fair value recognized in the statement of operations. The estimated fair value of the private warrant liability is determined using Level 3 inputs. Inherent in a binomial options pricing model are assumptions related to expected share-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its ordinary shares based on historical volatility that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve The aforementioned warrant liabilities are not subject to qualified hedge accounting. There were no transfers between Levels 1, 2 or 3 during the quarter ended September 30, 2021. The following table provides quantitative information regarding Level 3 fair value measurements: At March 12, 2021 (Initial Measurement) Public Warrants At March 12, 2021 (Initial Measurement) Private Placement Warrants Share price $ 9.70 $ 9.70 Strike price $ 11.50 $ 11.50 Term (in years) 5.0 5.0 Volatility 24.0 % 24.0 % Risk-free rate 0.98 % 0.98 % Dividend yield 0.0 % 0.0 % Redemption trigger price $ 18.00 $ 0.00 At September 30, 2021 Private Placement Warrants Share price $ 9.78 Strike price $ 11.50 Term (in years) 5.0 Volatility 15.2 % Risk-free rate 1.07 % Dividend yield 0 % Redemption trigger price $ 0.00 The following table presents the changes in the f air value Private Warrant Public Placement Liabilities Fair value as of November 24, 2020 $ — $ — $ — Initial measurement on March 12, 2021 9,108,000 8,313,333 17,421,333 Change in valuation inputs or other assumptions (264,000 ) (286,666 ) (550,667 ) Fair value as of March 31, 2021 $ 8,844,000 $ 8,026,667 $ 16,870,667 Change in valuation inputs or other assumptions (1,782,000 ) (1,720,000 ) (3,502,000 ) Fair value as of June 30, 2021 $ 7,062,000 $ 6,306,667 $ 13,368,667 Change in valuation inputs or other assumptions (1,716,000 ) (1,662,667 ) (3,378,667 ) Fair value as of September 30, 2021 $ 5,346,000 $ 4,644,000 $ 9,990,000

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 through the date that the 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 financial statements.

Significant Accounting Polici_2

Significant Accounting Policies (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 of Regulation S-X of th e e The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s prospectus for its IPO as filed with the SEC on March 10, 2021, as well as the Company’s Current Reports on Form 8-K. The interim
Emerging Growth Company Status	Emerging Growth Company Status The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended, (the “Securities Act”), as modified by the Jumpstart our Business Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, 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 standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements 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 financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of 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 condensed consolidated financial statements is the determination of the fair value of the warrant liabilities. Such estimates may be subject to change as more current information becomes available and 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. As of September 30, 2021 and December 31, 2020, the Company had $415,801 and $25,000 in cash, respectively. The Company had no cash equivalents as of September 30, 2021 and December 31, 2020.
Marketable Securities Held in Trust Account	Marketable Securities Held in Trust Account As of September 30, 2021, the Trust Account had $330,054,458 held in primarily U.S. Treasury bills. During the period January 1, 2021 to September 30, 2021, the Company did not withdraw any of interest income from the Trust Account to pay its tax obligations.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000. As of September 30, 2021, the Company has not experienced losses on this account.
Ordinary shares Subject to Possible Redemption	Ordinary shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of September 30, 2021, 33,000,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet. 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. Increases or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in capital and accumulated deficit. Gross Proceeds $ 330,000,000 Less: Proceeds allocated to public warrants (9,108,000 ) Issuance costs related to Class A ordinary shares (16,737,016 ) Plus: Accretion of carrying value to redemption value 25,845,016 Contingently redeemable Class A ordinary shares $ 330,000,000
Net Income per Ordinary Share	Net Income per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. The Company applies the two-class anti-dilutive. For the For the Ordinary shares subject to possible redemption Numerator: Net loss allocable to Class A ordinary shares subject to possible redemption $ 2,480,279 $ 5,038,453 Denominator: Weighted Average Redeemable Class A Ordinary shares, Basic and Diluted 33,000,000 33,000,000 Basic and Diluted net loss per share, Redeemable Class A Ordinary shares $ 0.08 $ 0.15 Non-Redeemable Numerator: Net loss allocable to Class B ordinary shares not subject to redemption $ 620,070 $ 1,230,252 Denominator: Weighted Average Non-Redeemable 8,250,000 8,057,692 Basic and diluted net loss per share, ordinary shares $ 0.08 $ 0.15
Offering Costs	Offering Costs The Company complies with the requirements of the ASC 340-10-S99-1 and SEC as a non-operating expense in
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 the Financial Accounting Standards Board (“FASB”) ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.
Derivative Warrant Liabilities	Derivative Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued share purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and Accounting Standards Codification 815-40, Derivatives and The Company accounts for its 12,333,333 warrants issued in connection with its IPO (6,600,000) and private placement (5,733,333) as derivative warrant liabilities in accordance with ASC 815. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each
Income Taxes	Income Taxes The Company accounts for income taxes under FASB ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized . FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2021. The Company’s management determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of September 30, 2021, there were no unrecognized tax benefits and no amounts were accrued for the payment of 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. There is currently no taxation imposed on income by the Government of the Cayman Islands. In accordance with Cayman income tax regulations, income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statements. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.
Recent Accounting Standards	Recent Accounting Standards In August 2020, FASB issued Accounting Standards Update (“ASU”) 2020-06, 470-20) 815-40) 2020-06”) 2020-06 2020-06 if-converted 2020-06 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

Restatement of Previously Iss_2

Restatement of Previously Issued Financial Statements (Tables)	9 Months Ended
	Sep. 30, 2021
Prior Period Adjustment [Abstract]
Summary Of Revision Of Previously Issued Financial Statements	There has been no change in the Company’s total assets, liabilities or operating results. The impact to the balance sheet as of March 12, 2021, the balance sheet, statement of operations and statement of changes in shareholders’ equity as of March 31, 2021 and the balance sheet, statement of operations and statement of changes in shareholders’ equity as of June 30, 2021 is presented below: As Previously Restatement Reported Adjustment As Restated Balance Sheet as of March 12, 2021 (per Prospectus filed on March 18, 2021) Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 298,977,980 $ 31,022,020 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 310 (310 ) — Additional paid-in 5,487,535 (5,487,535 ) — Retained Earnings (Accumulated Deficit) (633,242 ) (25,534,175 ) (26,167,417 ) Total shareholders’ equity (deficit) $ 5,000,009 $ (31,022,020 ) $ (26,166,592 ) Shares subject to possible redemption 29,897,798 3,102,202 33,000,000 Financial Statements as of March 31, 2021 (per Form 10-Q Balance Sheet Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 299,498,363 $ 30,501,637 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 305 (305 ) — Additional paid-in 4,967,158 (4,967,158 ) — Retained Earnings (Accumulated Deficit) 31,715 (25,534,174 ) (25,502,459 ) Total shareholders’ equity (deficit) $ 5,000,003 $ (30,501,637 ) $ (25,501,634 ) Shares subject to possible redemption 29,949,836 3,050,164 33,000,000 Statement of Operations Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 29,900,400 3,099,600 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ — $ 0.00 Weighted average shares outstanding, non-redeemable 9,230,467 (1,570,355 ) 7,660,112 Basic and diluted net income per share, non-redeemable $ 0.00 $ — $ 0.00 Statement of Changes in Shareholders’ Equity (1) Ordinary Class A - Shares 3,050,164 (3,050,164 ) — Sale of Units in Initial Public Offering, net of underwriter fee $ 330,000,000 $ (330,000,000 ) $ — Initial fair value of warrants accounted for as liabilities $ (17,421,333 ) $ 9,108,000 $ (8,313,333 ) Underwriter discount $ (6,090,000 ) $ 6,090,000 $ — Deferred underwriter discount $ (10,657,500 ) $ 10,657,500 $ — Other offering cost charged to shareholders’ equity $ (464,569 ) $ 464,569 $ — Reclassification of offering cost related to warrant issuance $ 475,053 $ (475,053 ) $ — Class A ordinary shares subject to possible redemption $ (299,498,363 ) $ 299,498,363 $ — Accretion for Class A ordinary shares subject to redemption $ — $ (25,845,016 ) $ (25,845,016 ) Financial Statements as of June 30, 2021 (per Form 10-Q Balance Sheet Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($) $ 302,631,817 $ 27,368,183 $ 330,000,000 Shareholders’ equity (deficit) Class A ordinary shares - $0.0001 par value 274 (274 ) — Additional paid-in-capital 1,833,735 (1,833,735 ) — Retained Earnings (Accumulated Deficit) 3,165,170 (25,534,174 ) (22,369,004 ) Total shareholders’ equity (deficit) $ 5,000,004 $ (27,368,183 ) $ (22,368,179 ) Shares subject to possible redemption 30,263,182 2,736,818 33,000,000 Statement of Operations Three Months ended June 30, 2021 Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 30,263,182 2,736,818 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ 0.08 $ 0.08 Weighted average shares outstanding, non-redeemable 10,986,818 (2,736,818 ) 8,250,000 Basic and diluted net income per share, non-redeemable $ 0.28 $ (0.20 ) $ 0.08 Six Months ended June 30, 2021 Weighted average shares outstanding, Class A ordinary shares subject to possible redemption 29,943,752 3,056,248 33,000,000 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption $ 0.00 $ 0.08 $ 0.08 Weighted average shares outstanding, non-redeemable 10,268,210 (2,608,098 ) 7,660,112 Basic and diluted net income per share, non-redeemable $ 0.31 $ (0.23 ) $ 0.08 Statement of Changes in Shareholders’ Equity (1) Three Months ended June 30, 2021 Ordinary Class A - Shares 2,736,818 (2,736,818 ) — Class A ordinary shares subject to possible redemption $ (3,133,454 ) $ 3,133,454 $ — (1) The changes to the Ordinary Class A - Amount, Additional Paid-in Capital, Accumulated Deficit and Total Shareholders’ Equity (Deficit) line items shown in the Balance Sheet are also included in the restatement to the Statement of Changes in Shareholders’ Equity

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Summary of basic and diluted loss per ordinary shar	For the For the Ordinary shares subject to possible redemption Numerator: Net loss allocable to Class A ordinary shares subject to possible redemption $ 2,480,279 $ 5,038,453 Denominator: Weighted Average Redeemable Class A Ordinary shares, Basic and Diluted 33,000,000 33,000,000 Basic and Diluted net loss per share, Redeemable Class A Ordinary shares $ 0.08 $ 0.15 Non-Redeemable Numerator: Net loss allocable to Class B ordinary shares not subject to redemption $ 620,070 $ 1,230,252 Denominator: Weighted Average Non-Redeemable 8,250,000 8,057,692 Basic and diluted net loss per share, ordinary shares $ 0.08 $ 0.15
Summary of reconciliation of ordinary shares subject to possible redemption	Gross Proceeds $ 330,000,000 Less: Proceeds allocated to public warrants (9,108,000 ) Issuance costs related to Class A ordinary shares (16,737,016 ) Plus: Accretion of carrying value to redemption value 25,845,016 Contingently redeemable Class A ordinary shares $ 330,000,000

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Summary of assets measured at fair value on a recurring basis	Quoted Significant Significant Prices In Other Other Active Observable Unobservable September 30, Markets Inputs Inputs 2021 (Level 1) (Level 2) (Level 3) Description Warrant liabilities – Public Warrants 5,346,000 5,346,000 — — Warrant liabilities – Private Warrants 4,644,000 — — 4,644,000 $ 9,990,000 $ 5,346,000 $ — $ 4,644,000
Summary of fair value measurement inputs and valuation techniques	The following table provides quantitative information regarding Level 3 fair value measurements: At March 12, 2021 (Initial Measurement) Public Warrants At March 12, 2021 (Initial Measurement) Private Placement Warrants Share price $ 9.70 $ 9.70 Strike price $ 11.50 $ 11.50 Term (in years) 5.0 5.0 Volatility 24.0 % 24.0 % Risk-free rate 0.98 % 0.98 % Dividend yield 0.0 % 0.0 % Redemption trigger price $ 18.00 $ 0.00 At September 30, 2021 Private Placement Warrants Share price $ 9.78 Strike price $ 11.50 Term (in years) 5.0 Volatility 15.2 % Risk-free rate 1.07 % Dividend yield 0 % Redemption trigger price $ 0.00
Summary of fair value of the derivative warrant liabilities	The following table presents the changes in the f air value Private Warrant Public Placement Liabilities Fair value as of November 24, 2020 $ — $ — $ — Initial measurement on March 12, 2021 9,108,000 8,313,333 17,421,333 Change in valuation inputs or other assumptions (264,000 ) (286,666 ) (550,667 ) Fair value as of March 31, 2021 $ 8,844,000 $ 8,026,667 $ 16,870,667 Change in valuation inputs or other assumptions (1,782,000 ) (1,720,000 ) (3,502,000 ) Fair value as of June 30, 2021 $ 7,062,000 $ 6,306,667 $ 13,368,667 Change in valuation inputs or other assumptions (1,716,000 ) (1,662,667 ) (3,378,667 ) Fair value as of September 30, 2021 $ 5,346,000 $ 4,644,000 $ 9,990,000

Organization and Business Ope_2

Organization and Business Operations - Additional Information (Detail) - USD ($)	Mar. 15, 2021	Mar. 12, 2021	Feb. 04, 2021	Mar. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from Issuance Initial Public Offering					$ 323,910,000
Other offering costs					464,569
Cash					$ 415,801	$ 25,000
Restricted Investments Term					185 days
Percentage Of Net asset Held In The Trust Account					80.00%
Price per share					$ 10
Net tangible assets For Consummation of a Business Combination					$ 5,000,001
Public share Redeemable percentage					100.00%
Stock issued during the period value for services				$ 8,600,000
Working capital					$ 1,029,299
Cash [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Assets held in trust					$ 415,801
Post Business Combination Target Company [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired					50.00%
Common Class A [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from Issuance Initial Public Offering					$ 330,000,000
Common Class B [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock issued during the period value for services					$ 25,000
Sponsor [Member] | Common Class B [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock issued during the period value for services						$ 7,187,500
Sponsor [Member] | Private Placement Warrants [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Warrants issued during the period		5,733,333	5,733,333
Warrants issued price per share		$ 1.50	$ 1.50
Debt Conversion, Converted Instrument, Warrants					1,500,000
Exercise Price of Warrants or Rights			$ 1		$ 1.50
IPO [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sale of units, Number of units Issued in Transaction		33,000,000			33,000,000
Sale of units, price per unit		$ 10			$ 10
Proceeds from Issuance Initial Public Offering		$ 330,000,000
Transaction costs					$ 17,212,069
Underwriting fees					6,090,000
Deferred underwriting fees					10,657,500
Other offering costs					464,569
Cash					$ 475,053
IPO [Member] | Common Class A [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payments to Acquire Trust Preferred Investments	$ 330,000,000

Restatement of Previously Iss_3

Restatement of Previously Issued Financial Statements - Additional Information (Details)	Sep. 30, 2021USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Minimum tangible net worth required for compliance	$ 5,000,001
Minimum [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Minimum tangible net worth required for compliance	5,000,000
Common Class A [Member] | Minimum [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Minimum tangible net worth required for compliance	$ 5,000,000

Restatement of Previously Iss_4

Restatement of Previously Issued Financial Statements - Summary Of Revision Of Previously Issued Financial Statements (Details) - USD ($)		Mar. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021	Sep. 30, 2021	Mar. 12, 2021	Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($)			$ 330,000,000				$ 330,000,000
Shareholders' equity (deficit):
Additional paid-in capital			0				0		$ 24,137
Retained Earnings (Accumulated Deficit)			(19,268,655)				(19,268,655)		(3,186)
Total shareholders' equity (deficit)		$ (25,501,634)	(19,267,830)	$ (22,368,179)	$ (25,501,634)	$ (22,368,179)	(19,267,830)		21,814
Statement of Changes in Shareholders' Equity
Accretion for Class A ordinary shares subject to redemption					(25,845,016)
Previously Reported [Member]
Shareholders' equity (deficit):
Additional paid-in capital		4,967,158		1,833,735	4,967,158	1,833,735		$ 5,487,535
Retained Earnings (Accumulated Deficit)		31,715		3,165,170	31,715	3,165,170		(633,242)
Total shareholders' equity (deficit)		$ 5,000,003		$ 5,000,004	$ 5,000,003	$ 5,000,004		$ 5,000,009
Shares subject to possible redemption		29,949,836		30,263,182	29,949,836	30,263,182		29,897,798
Statement of Changes in Shareholders' Equity
Sale of Units in Initial Public Offering, net of underwriter fee		$ 330,000,000
Initial fair value of warrants accounted for as liabilities		(17,421,333)
Underwriter discount		(6,090,000)
Deferred underwriter discount		(10,657,500)
Other offering cost charged to shareholders' equity		(464,569)
Reclassification of offering cost related to warrant issuance		475,053
Class A ordinary shares subject to possible redemption		(299,498,363)
Revision of Prior Period, Adjustment [Member]
Shareholders' equity (deficit):
Additional paid-in capital		(4,967,158)		$ (1,833,735)	$ (4,967,158)	$ (1,833,735)		$ (5,487,535)
Retained Earnings (Accumulated Deficit)		(25,534,174)		(25,534,174)	(25,534,174)	(25,534,174)		(25,534,175)
Total shareholders' equity (deficit)		$ (30,501,637)		$ (27,368,183)	$ (30,501,637)	$ (27,368,183)		$ (31,022,020)
Shares subject to possible redemption		3,050,164		2,736,818	3,050,164	2,736,818		3,102,202
Statement of Changes in Shareholders' Equity
Sale of Units in Initial Public Offering, net of underwriter fee		$ (330,000,000)
Initial fair value of warrants accounted for as liabilities		9,108,000
Underwriter discount		6,090,000
Deferred underwriter discount		10,657,500
Other offering cost charged to shareholders' equity		464,569
Reclassification of offering cost related to warrant issuance		(475,053)
Class A ordinary shares subject to possible redemption		299,498,363
Accretion for Class A ordinary shares subject to redemption		(25,845,016)
As Restated [Member]
Shareholders' equity (deficit):
Retained Earnings (Accumulated Deficit)		(25,502,459)		$ (22,369,004)	$ (25,502,459)	$ (22,369,004)		$ (26,167,417)
Total shareholders' equity (deficit)		$ (25,501,634)		$ (22,368,179)	$ (25,501,634)	$ (22,368,179)		$ (26,166,592)
Shares subject to possible redemption		33,000,000		33,000,000	33,000,000	33,000,000		33,000,000
Statement of Changes in Shareholders' Equity
Initial fair value of warrants accounted for as liabilities		$ (8,313,333)
Accretion for Class A ordinary shares subject to redemption		(25,845,016)
Common Class A [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($)			330,000,000				330,000,000
Shareholders' equity (deficit):
Common stock value			$ 0				0		$ 0
Statement of Changes in Shareholders' Equity
Accretion for Class A ordinary shares subject to redemption							$ (25,845,016)
Common Class A [Member] | Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($)		299,498,363		$ 302,631,817	$ 299,498,363	$ 302,631,817		$ 298,977,980
Shareholders' equity (deficit):
Common stock value		$ 305		$ 274	$ 305	$ 274		310
Statement of Changes in Shareholders' Equity
Ordinary Class A - Shares	[1]	3,050,164		2,736,818	3,050,164	2,736,818
Common Class A [Member] | Revision of Prior Period, Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($)		$ 30,501,637		$ 27,368,183	$ 30,501,637	$ 27,368,183		31,022,020
Shareholders' equity (deficit):
Common stock value		$ (305)		$ (274)	$ (305)	$ (274)		(310)
Statement of Changes in Shareholders' Equity
Ordinary Class A - Shares	[1]	(3,050,164)		(2,736,818)	(3,050,164)	(2,736,818)
Common Class A [Member] | As Restated [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption at redemption value ($)		$ 330,000,000		$ 330,000,000	$ 330,000,000	$ 330,000,000		$ 330,000,000
Class A Ordinary Shares Subject To Possible Redemption [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption			33,000,000				33,000,000
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption			$ 0.08				$ 0.15
Class A Ordinary Shares Subject To Possible Redemption [Member] | Previously Reported [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		29,900,400		30,263,182		29,943,752
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption		$ 0		$ 0		$ 0
Statement of Changes in Shareholders' Equity
Class A ordinary shares subject to possible redemption				$ (3,133,454)
Class A Ordinary Shares Subject To Possible Redemption [Member] | Revision of Prior Period, Adjustment [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		3,099,600		2,736,818		3,056,248
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption				$ 0.08		$ 0.08
Statement of Changes in Shareholders' Equity
Class A ordinary shares subject to possible redemption				$ 3,133,454
Class A Ordinary Shares Subject To Possible Redemption [Member] | As Restated [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		33,000,000		33,000,000		33,000,000
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption		$ 0		$ 0.08		$ 0.08
Non Redeemable Ordinary Shares [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption			8,250,000				8,057,692
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption			$ 0.08				$ 0.15
Non Redeemable Ordinary Shares [Member] | Previously Reported [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		9,230,467		10,986,818		10,268,210
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption		$ 0		$ 0.28		$ 0.31
Non Redeemable Ordinary Shares [Member] | Revision of Prior Period, Adjustment [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		(1,570,355)		(2,736,818)		(2,608,098)
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption				$ (0.20)		$ (0.23)
Non Redeemable Ordinary Shares [Member] | As Restated [Member]
Statement of Operations
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption		7,660,112		8,250,000		7,660,112
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption		$ 0		$ 0.08		$ 0.08
[1]	The changes to the Ordinary Class A - Amount, Additional Paid-in Capital, Accumulated Deficit and Total Shareholders’ Equity (Deficit) line items shown in the Balance Sheet are also included in the restatement to the Statement of Changes in Shareholders’ Equity

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Cash	$ 415,801	$ 415,801	$ 25,000
Cash Equivalents	0	0	$ 0
FDIC Insured Amount	$ 250,000	$ 250,000
Temporary equity shares outstanding	33,000,000	33,000,000	0
Offering costs		$ 17,212,069
Underwriter Fee		6,090,000
Deferred underwriters discount	$ 10,657,500	10,657,500
Other offering costs	464,569	464,569
Offering expenses related to warrant issuance	$ 0	$ 475,053
Warrants outstanding	12,333,333	12,333,333
Unrecognized tax benefits	$ 0	$ 0
Unrecognized tax benefits, accrued interest and penalties	$ 0	$ 0
Public Warrants [Member]
Warrants outstanding	6,600,000	6,600,000
Private Placement Warrants [Member]
Warrants outstanding	5,733,333	5,733,333
Class A Common Stock [Member]
Temporary equity shares outstanding	33,000,000	33,000,000	0
US Treasury Securities [Member]
Assets held in trust	$ 330,054,458	$ 330,054,458

Significant Accounting Polici_5

Significant Accounting Policies - Summary of basic and diluted loss per ordinary share (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2021
Numerator:
Net income	$ 3,100,349	$ 3,133,455	$ 34,901	$ 6,268,705
Class A Ordinary Shares Subject To Possible Redemption [Member]
Numerator:
Net income	$ 2,480,279			$ 5,038,453
Denominator:
Weighted average shares outstanding, basic and diluted	33,000,000			33,000,000
Basic and diluted net income per ordinary share	$ 0.08			$ 0.15
Non Redeemable Ordinary Shares [Member]
Numerator:
Net income	$ 620,070			$ 1,230,252
Denominator:
Weighted average shares outstanding, basic and diluted	8,250,000			8,057,692
Basic and diluted net income per ordinary share	$ 0.08			$ 0.15

Significant Accounting Polici_6

Significant Accounting Policies - Summary of reconciliation of Ordinary shares Subject to Possible Redemption (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021
Temporary Equity [Line Items]
Gross Proceeds		$ 323,910,000
Accretion for Class A ordinary shares subject to redemption	$ 25,845,016
Contingently redeemable Class A ordinary shares		330,000,000
Common Class A [Member]
Temporary Equity [Line Items]
Gross Proceeds		330,000,000
Proceeds from issuance of warrants		(9,108,000)
Issuance costs related to Class A ordinary shares		(16,737,016)
Accretion for Class A ordinary shares subject to redemption		25,845,016
Contingently redeemable Class A ordinary shares		$ 330,000,000

Initial Public Offering - Addit

Initial Public Offering - Additional Information (Detail) - $ / shares	Mar. 12, 2021	Sep. 30, 2021	Dec. 31, 2020
Class A Common Stock [Member]
Common stock par value per share		$ 0.0001	$ 0.0001
IPO [Member]
Sale of units, Number of units Issued in Transaction	33,000,000	33,000,000
Sale of units, price per unit	$ 10	$ 10
Sale of unit, description of transaction		Each Unit consists of one share of Class A ordinary shares, par value $0.0001 per share one-fifth of one redeemable warrant (“Public Warrant”).
IPO [Member] | Public Warrants [Member]
Class of warrant exercise price		$ 11.50
IPO [Member] | Class A Common Stock [Member]
Common stock par value per share		$ 0.0001

Private Placement Warrants - Ad

Private Placement Warrants - Additional Information (Detail) - Sponsor [Member] - Private Placement Warrants [Member] - USD ($)	Mar. 12, 2021	Feb. 04, 2021	Sep. 30, 2021
Class of Warrant or Right [Line Items]
Warrants issued during the period	5,733,333	5,733,333
Warrants issued price per share	$ 1.50	$ 1.50
Proceeds from issuance of warrants		$ 8,600,000
Class of warrant exercise price		$ 1	$ 1.50
Class of warrant exercise price per share		11.50

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Mar. 12, 2021	Feb. 24, 2021	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2021	Dec. 31, 2020	Dec. 17, 2020
Related Party Transaction [Line Items]
Stock issued during the period value for services				$ 8,600,000
Temporary equity shares outstanding			33,000,000		33,000,000	0
Share price			$ 10		$ 10
Promissory Note – related party						$ 30,000
Common Class B [Member]
Related Party Transaction [Line Items]
Stock issued during the period value for services					$ 25,000
Common stock shares outstanding			8,250,000		8,250,000	8,625,000
Administrative Support Agreement [Member]
Related Party Transaction [Line Items]
Expenses from Transactions with Related Party			$ 90,000		$ 201,290
Sponsor [Member]
Related Party Transaction [Line Items]
Lock in period of shareholding					1 year
Share transfer restriction, threshold consecutive trading days					20 days
Share transfer restriction, threshold trading days					30 days
Number of days for a particular event to get over for determning trading period					150 days
Working capital loans, Convertible amount					$ 1,500,000
Working capital loans, Conversion price			$ 1.50		$ 1.50
Working capital Loans			$ 0		$ 0
Sponsor [Member] | Common Class B [Member]
Related Party Transaction [Line Items]
Stock issued during the period value for services						$ 7,187,500
Stock issued during the period shares issued for shares		1,437,500				25,000
Common stock shares outstanding	8,250,000	8,625,000
Temporary equity shares outstanding		1,125,000
Sponsor forfeiture of shares	$ 375,000
Number of shares no longer subject to forfeiture	750,000
Sponsor [Member] | Promissory Note [Member]
Related Party Transaction [Line Items]
Unsecured promissory note, Face amount							$ 300,000
Promissory Note – related party			$ 0		$ 0
Sponsor [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Share price			$ 12		$ 12
Affiliate of Sponsor [Member] | Administrative Support Agreement [Member]
Related Party Transaction [Line Items]
Payment of transaction					$ 30,000

Commitments & Contingencies - A

Commitments & Contingencies - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
Underwriter discount	$ 6,090,000
Deferred underwriting discount non current	$ (10,657,500)

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock par value per share	$ 0.0001	$ 0.0001
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Temporary equity shares outstanding	33,000,000	0
IPO [Member]
Class of Stock [Line Items]
Percentage of number of shares of common stock outstanding	20.00%
Common Class A [Member]
Class of Stock [Line Items]
Common stock shares authorized	500,000,000	500,000,000
Common stock par value per share	$ 0.0001	$ 0.0001
Common stock shares issued	0	0
Common stock shares outstanding	0	0
Temporary equity shares outstanding	33,000,000	0
Common Class A [Member] | IPO [Member]
Class of Stock [Line Items]
Common stock par value per share	$ 0.0001
Common Class B [Member]
Class of Stock [Line Items]
Common stock shares authorized	50,000,000	50,000,000
Common stock par value per share	$ 0.0001	$ 0.0001
Common stock shares issued	8,250,000	8,625,000
Common stock shares outstanding	8,250,000	8,625,000
Common stock, Conversion basis	one-for-one basis

Warrants - Additional Informati

Warrants - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2021$ / shares
Class of Warrant or Right [Line Items]
Share price	$ 10
Percentage of capital raised for business combination to total equity proceeds	60.00%
Number of consecutive trading days for determining share price	10 days
Share Price Less Than or Equals To USD 9.2 [Member]
Class of Warrant or Right [Line Items]
Share price	$ 9.20
Class of warrants, exercise price adjustment percentage	115.00%
Share Price Less Than or Equals To USD 18 [Member]
Class of Warrant or Right [Line Items]
Share price	$ 18
Number of consecutive trading days for determining share price	20 days
Class of warrants, exercise price adjustment percentage	180.00%
Class of warrants, redemption notice period	30 days
Number of trading days for determining share price	30 days
Share Price Less Than or Equals To USD 18 [Member] | Class A Common Stock [Member]
Class of Warrant or Right [Line Items]
Share price	$ 10
Number of consecutive trading days for determining share price	20 days
Class of warrants, redemption price per unit	$ 0.10
Class of warrants, redemption notice period	30 days
Number of trading days for determining share price	30 days
Share Price More Than or Equals To USD 18 [Member] | Class A Common Stock [Member]
Class of Warrant or Right [Line Items]
Share price	$ 18
Public Warrants [Member]
Class of Warrant or Right [Line Items]
Warrants exercisable term from the date of completion of business combination	30 days
Warrants and rights outstanding, term	5 years
Minimum lock in period for SEC registration from date of business combination	15 days
Minimum lock In period to become effective after the closing of the initial Business Combination	60 days
Public Warrants [Member] | Share Price Less Than or Equals To USD 18 [Member]
Class of Warrant or Right [Line Items]
Share price	$ 18
Class of warrants, redemption price per unit	0.01
Public Warrants [Member] | IPO [Member]
Class of Warrant or Right [Line Items]
Class of warrant exercise price	$ 11.50

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets Measured at Fair Value on a Recurring Basis (Detail) - Fair Value, Recurring [Member]	Sep. 30, 2021USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	$ 9,990,000
Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	5,346,000
Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	4,644,000
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	5,346,000
Level 1 [Member] | Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	5,346,000
Level 1 [Member] | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	0
Level 2 [Member] | Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	0
Level 2 [Member] | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	4,644,000
Level 3 [Member] | Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	0
Level 3 [Member] | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liabilities	$ 4,644,000

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Fair Value Measurement Inputs and Valuation Techniques (Detail) - $ / shares	Mar. 12, 2021	Sep. 30, 2021
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Share Price		$ 10
Level 3 [Member] | Measurement Input, Share Price [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Share Price	$ 9.70
Level 3 [Member] | Measurement Input, Share Price [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Share Price	9.70	9.78
Level 3 [Member] | Measurement Input, Exercise Price [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Strike price	11.50
Level 3 [Member] | Measurement Input, Exercise Price [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Strike price	$ 11.50	$ 11.50
Level 3 [Member] | Measurement Input, Expected Term [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Term (in years)	5 years
Level 3 [Member] | Measurement Input, Expected Term [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Term (in years)	5 years	5 years
Level 3 [Member] | Measurement Input, Price Volatility [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Volatility	24.00%
Level 3 [Member] | Measurement Input, Price Volatility [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Volatility	24.00%	15.20%
Level 3 [Member] | Measurement Input, Risk Free Interest Rate [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Risk-free rate	0.98%
Level 3 [Member] | Measurement Input, Risk Free Interest Rate [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Risk-free rate	0.98%	1.07%
Level 3 [Member] | Measurement Input, Expected Dividend Rate [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Dividend yield	0.00%
Level 3 [Member] | Measurement Input, Expected Dividend Rate [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Dividend yield	0.00%	0.00%
Level 3 [Member] | Measurement Input Redemption Trigger Price [Member] | Public Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Redemption trigger price	$ 18
Level 3 [Member] | Measurement Input Redemption Trigger Price [Member] | Private Placement Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Redemption trigger price	$ 0	$ 0

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Fair Value of the Derivative Warrant Liabilities (Detail) - Fair Value, Recurring [Member] - Level 3 [Member] - USD ($)	3 Months Ended		4 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Initial measurement			$ 17,421,333
Change in valuation inputs or other assumptions	$ (3,378,667)	$ (3,502,000)	(550,667)
Ending balance	9,990,000	13,368,667	16,870,667
Public Warrants [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Initial measurement			9,108,000
Change in valuation inputs or other assumptions	(1,716,000)	(1,782,000)	(264,000)
Ending balance	5,346,000	7,062,000	8,844,000
Private Placement Warrants [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Initial measurement			8,313,333
Change in valuation inputs or other assumptions	(1,662,667)	(1,720,000)	(286,666)
Ending balance	$ 4,644,000	$ 6,306,667	$ 8,026,667

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	9 Months Ended
	Sep. 30, 2021USD ($)
Fair Value Disclosures [Abstract]
Fair value transfer between levels	$ 0