1 unchanged sentence
Unregistered Sales
−Removed: On October 13, 2020, the Initial Shareholders paid an aggregate of $25,000 for certain expenses in exchange for issuance of 5,750,000 Class B ordinary shares (the “Founder Shares”).
−Removed: The Sponsor transferred 25,000 of its Founders Shares to each of Anusha Kukreja and Maurice Zeitouni Allen, the two advisors, 50,000 of its Founders Shares to each of Melissa Holladay, Martin Enderle, Stephen Siegel and Frits van Paasschen, the four independent directors and 690,000 of its Founders Shares to certain funds and accounts managed by BlackRock, Inc.
−Removed: (the “Anchor Investor”).
−Removed: Such securities were issued in connection with the Company’s organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
−Removed: On February 11, 2021, our Sponsor and the Anchor Investor purchased 5,013,333 Private Placement Warrants, at a price of $1.50 per Private Placement Warrant, generating gross proceeds of approximately $7.5 million, in a private placement that closed simultaneously with the closing of the Initial Public Offering.
−Removed: This issuance was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
−Removed: No underwriting discounts or commissions were paid with respect to such sales.
Use of Proceeds
−Removed: On February 11, 2021, we consummated the Initial Public Offering of 27,600,000 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 approximately $276.0 million.
−Removed: In connection with the Initial Public Offering, we incurred offering costs of approximately $15.7 million, inclusive of approximately $9.6 million in deferred underwriting commissions.
−Removed: Other incurred offering costs consisted principally of preparation fees related to the Initial Public Offering.
−Removed: After deducting the underwriting discounts and commissions (excluding the deferred portion, which amount will be payable upon consummation of the Initial Business Combination, if consummated) and the Initial Public Offering expenses, $276.0 million of the net proceeds from our Initial Public Offering and certain of the proceeds from the private placement of the Private Placement Warrants (or $10.00 per Unit sold in the Initial Public Offering) was placed in the Trust Account.
−Removed: The net proceeds of the Initial Public Offering and certain proceeds from the sale of the Private Placement Warrants are held in the Trust Account and invested as described elsewhere in this Quarterly Report on Form 10-Q.
−Removed: There has been no material change in the planned use of the proceeds from the Initial Public Offering and Private Placement as is described in the Company’s final prospectus related to the Initial Public Offering.
+Added: Of the $283,520,000 in proceeds, we received from our Initial Public Offering and the sale of the Private Placement Warrants, a total of $276,000,000, including $9,660,000 payable to the underwriter for deferred underwriting commissions, was placed in the trust account.
+Added: There has been no material change in the planned use of proceeds from such use as described in the Company’s final prospectus (File No.
+Added: 333-252307), dated February 8, 2021, and filed with the SEC pursuant to Rule 424 under the Securities Act on February 10, 2021.
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.