−Removed: Unregistered Sales of Equity Securities
−Removed: and Use of Proceeds from Registered Securities
−Removed: Unregistered Sales
−Removed: On December 30,
−Removed: 2020, the Sponsor paid an aggregate of $25,000 for certain expenses in exchange for the issuance of 8,625,000 Class B ordinary shares
−Removed: (retroactively adjusting for the issuance of 1,437,500 Class B ordinary shares resulting from a share dividend effected by us on February
−Removed: 25, 2021) (the “Founder Shares”).
−Removed: The Sponsor transferred 25,000 of its Founders Shares to each of our three independent directors,
−Removed: Noreen Doyle, William Janetschek and David Poritz, and an aggregate of 47,500 of its Founder Shares to certain of our employees and consultants.
−Removed: Such securities were issued in connection with the Company’s organization pursuant to the exemption from registration contained
−Removed: in Section 4(a)(2) of the Securities Act.
−Removed: On February 25, 2021,
−Removed: our Sponsor purchased 6,266,667 Private Placement Warrants, at a price of $1.50 per Private Placement Warrant, generating gross proceeds
−Removed: of approximately $9.4 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
−Removed: or commissions were paid with respect to such sales.
+Added: Unregistered Sales of
+Added: Equity Securities and Use of Proceeds from Registered Securities
Use of Proceeds
On March 2, 2021, we
−Removed: consummated the Initial Public Offering of 34,500,000 units (the “Units”
−Removed: and, with respect to the Class A ordinary shares
−Removed: included in the Units being offered, the “Public Shares”), at $10.00 per Unit, generating gross proceeds of approximately
+Added: consummated the Initial Public Offering of 34,500,000 units (the “Units” and, with respect to the Class A ordinary shares
+Added: included in the Units being offered, the “Public Shares”), at $10.00 per Unit, generating gross proceeds of approximately
$345.0 million.
In connection with the
−Removed: Initial Public Offering, we incurred offering costs of approximately $19.18 million, inclusive of approximately $12.08 million in
−Removed: deferred underwriting commissions.
−Removed: Other incurred offering costs consisted principally of preparation fees related to the Initial Public
−Removed: After deducting the underwriting discounts and commissions (excluding the deferred portion, which amount will be payable upon
−Removed: consummation of the Initial Business Combination, if consummated) and the Initial Public Offering expenses, $345.0 million of
−Removed: the net proceeds from our Initial Public Offering and certain of the proceeds from the private placement of the Private Placement Warrants
−Removed: (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
−Removed: and certain proceeds from the sale of the Private Placement Warrants are held in the Trust Account and invested as described elsewhere
−Removed: in this Quarterly Report on Form 10-Q.
+Added: Initial Public Offering, we incurred offering costs of approximately $19.18 million, inclusive of approximately $12.08 million in deferred
+Added: underwriting commissions.
+Added: Other incurred offering costs consisted principally of preparation fees related to the Initial Public Offering.
+Added: After deducting the underwriting discounts and commissions (excluding the deferred portion, which amount will be payable upon consummation
+Added: of the Initial Business Combination, if consummated) and the Initial Public Offering expenses, $345.0 million of the net proceeds from
+Added: our Initial Public Offering and certain of the proceeds from the private placement of the Private Placement Warrants (or $10.00 per Unit
+Added: sold in the Initial Public Offering) was placed in the Trust Account.
+Added: The net proceeds of the Initial Public Offering and certain proceeds
+Added: from the sale of the Private Placement Warrants are held in the Trust Account and invested as described elsewhere in this Quarterly Report
+Added: on Form 10-Q.
There has been no material
−Removed: change in the planned use of the proceeds from the Initial Public Offering and Private Placement as is described in the Company’s
+Added: 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.
3 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.