Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS (As Restated)

v3.22.2.2
BALANCE SHEETS (As Restated) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 3,873,865 $ 2,238,275
Prepaid Income Taxes   27,140
Prepaid expenses 94,299 275,525
Total Current Assets 3,968,164 2,540,940
Cash and marketable securities held in Trust Account 696,957,196 695,295,418
TOTAL ASSETS 700,925,360 697,836,358
Current Liabilities    
Accounts payable and accrued expenses 635,483 257,466
Income tax payable 95,302  
Convertible promissory note - related party 3,104,359  
Total Current Liabilities 3,835,144 257,466
Deferred income tax payable 976 9,657
Deferred underwriting fee payable 21,371,000 21,371,000
Derivative liabilities 128,339,190 56,360,000
Total Liabilities 153,546,310 77,998,123
Commitments and Contingencies
Class A Common stock subject to possible redemption, 69,000,000 shares at a redemption value of approximately $10.09 and $10.07 as of December 31, 2020 and 2019, respectively 696,498,531 694,927,303
Stockholders' Deficit    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital
Accumulated deficit (149,121,206) (75,090,793)
Total Stockholders' Deficit (149,119,481) (75,089,068)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 700,925,360 697,836,358
Class A Common stock    
Stockholders' Deficit    
Common stock value
Class B Common stock    
Stockholders' Deficit    
Common stock value $ 1,725 $ 1,725