−Removed: UNREGISTERED SALES OF EQUITY
−Removed: SECURITIES AND USE OF PROCEEDS.
−Removed: On October 14, 2020, we consummated our
−Removed: Initial Public Offering of 80,500,000 Units, inclusive of 10,500,000 Units sold to the underwriters upon the election to fully
−Removed: exercise their over-allotment option, at a price of $10.00 per Unit, generating total gross proceeds of $805,000,000.
−Removed: consists of one Class A ordinary share of the Company, par value $0.0001 per share, and one-fourth of one redeemable warrant of
−Removed: Each whole warrant entitles the holder thereof to purchase one Class A ordinary share Ordinary Share for $11.50 per
−Removed: share, subject to adjustment.
−Removed: Credit Suisse acted as the sole book-running manager.
−Removed: The securities sold in the offering were registered
−Removed: under the Securities Act on registration statements on Form S-1 (No.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES
+Added: AND USE OF PROCEEDS.
+Added: On October 14, 2020, we consummated our Initial
+Added: Public Offering of 80,500,000 Units, inclusive of 10,500,000 Units sold to the underwriters upon the election to fully exercise their
+Added: over-allotment option, at a price of $10.00 per Unit, generating total gross proceeds of $805,000,000.
+Added: Each Unit consists of one Class A
+Added: ordinary share of the Company, par value $0.0001 per share, and one-fourth of one redeemable warrant of the Company.
+Added: Each whole warrant
+Added: entitles the holder thereof to purchase one Class A ordinary share Ordinary Share for $11.50 per share, subject to adjustment.
+Added: Suisse acted as the sole book-running manager.
+Added: The securities sold in the offering were registered under the Securities Act on registration
+Added: statements on Form S-1 (No.
333-248915 and 333-249396).
−Removed: The registration statements became
−Removed: effective on October 8, 2020.
−Removed: Simultaneously with the consummation of
−Removed: the Initial Public Offering, and the exercise of the over-allotment option in full and the sale of the Private Placement Warrants,
−Removed: we consummated a private placement of 8,000,000 Private Placement Warrants to our Sponsor at a price of $2.00 per Private Placement
−Removed: Warrant, generating total proceeds of $16,000,000.
−Removed: Such securities were issued pursuant to the exemption from registration contained
−Removed: in Section 4(a)(2) of the Securities Act.
−Removed: The Private Placement Warrants are identical
−Removed: to the warrants sold as part of the Units in the Initial Public Offering except that, so long as they are held by the Sponsor or
−Removed: its permitted transferees:
−Removed: (1) they will not be redeemable by us (except in certain redemption scenarios when the price per Class
−Removed: A ordinary share equals or exceeds $10.00 (as adjusted));
−Removed: (2) they (including the Class A ordinary shares issuable upon exercise
−Removed: of these warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by the Sponsor until 30 days
−Removed: after the completion of our Business Combination;
+Added: The registration statements became effective on October 8, 2020.
+Added: Simultaneously with the consummation of the Initial
+Added: Public Offering, and the exercise of the over-allotment option in full and the sale of the Private Placement Warrants, we consummated
+Added: a private placement of 8,000,000 Private Placement Warrants to our Sponsor at a price of $2.00 per Private Placement Warrant, generating
+Added: total proceeds of $16,000,000.
+Added: Such securities were issued pursuant to the exemption from registration contained in Section 4(a)(2) of
+Added: the Securities Act.
+Added: The Private Placement Warrants are identical to
+Added: the warrants sold as part of the Units in the Initial Public Offering except that, so long as they are held by the Sponsor or its permitted
+Added: (1) they will not be redeemable by us (except in certain redemption scenarios when the price per Class A ordinary
+Added: share equals or exceeds $10.00 (as adjusted));
+Added: (2) they (including the Class A ordinary shares issuable upon exercise of these
+Added: warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by the Sponsor until 30 days after the completion
+Added: of our Business Combination;
(3) they may be exercised by the holders on a cashless basis;
−Removed: and (4) they (including
−Removed: the Class A ordinary Shares issuable upon exercise of these warrants) are entitled to registration rights.
−Removed: Of the gross proceeds received from the
−Removed: Initial Public Offering and the full exercise of the option to purchase additional Units, $805,000,000 was placed in the Trust
+Added: and (4) they (including the Class A
+Added: ordinary Shares issuable upon exercise of these warrants) are entitled to registration rights.
+Added: Of the gross proceeds received from the Initial
+Added: Public Offering and the full exercise of the option to purchase additional Units, $805,000,000 was placed in the Trust Account.
We paid a total of $14,000,000 in underwriting
2 unchanged sentences
agreed to defer $28,175,000 in underwriting discounts and commissions.
−Removed: For a description of the use of the proceeds
−Removed: generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.
+Added: For a description of the use of the proceeds generated
+Added: in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.
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.