Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.22.2.2
Condensed Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 713,649 $ 1,260,014
Prepaid expenses 325,193 817,751
Total current assets 1,038,842 2,077,765
Investments held in Trust Account 498,906,770 495,948,830
Total Assets 499,945,612 498,026,595
Current liabilities:    
Accounts payable 68,780 21,714
Accrued expenses 7,500 70,000
Total current liabilities 76,280 91,714
Deferred underwriting commissions 17,356,818 17,356,818
Derivative warrant liabilities 2,469,600 16,907,300
Total liabilities 19,902,698 34,355,832
Commitments and Contingencies
Class A ordinary shares subject to possible redemption; 49,590,908 shares at $10.06 and 10.00 per share redemption value as of September 30, 2022 and December 31, 2021, respectively 498,806,770 495,909,080
Shareholders' Deficit:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at September 30, 2022 and December 31, 2021
Additional paid-in capital 0
Accumulated deficit (18,765,096) (32,239,557)
Total shareholders' deficit (18,763,856) (32,238,317)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 499,945,612 498,026,595
Common Class A [Member]    
Shareholders' Deficit:    
Common stock
Common Class B [Member]    
Shareholders' Deficit:    
Common stock $ 1,240 $ 1,240