−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: March 18, 2021, we consummated our Initial Public Offering of 30,000,000 units.
−Removed: On March 18, 2021, in connection with the underwriters’
−Removed: election to exercise their over-allotment option, we consummated the sale of an additional 4,500,000 Units.
−Removed: The Units sold in our Initial
−Removed: Public Offering and exercise of over-allotment option were sold at an offering price of $10.00 per Unit, generating total gross proceeds
−Removed: of $345,000,000.
−Removed: The securities in the offering were registered under the Securities Act on a registration statement on Form S-1 (No.
−Removed: The Securities and Exchange Commission declared the registration statement effective on March 15, 2021.
−Removed: Simultaneously
−Removed: with the consummation of the Initial Public Offering, we consummated a private placement of 5,933,333 Private Placement Warrants to our
−Removed: Sponsor at a price of $1.50 per Private Placement Warrant, generating total proceeds of $8,900,000.
−Removed: Such securities were issued pursuant
−Removed: to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
−Removed: Private Placement Warrants are identical to the warrants underlying the Units in the Initial Public Offering except that, so long as
−Removed: they are held by the Sponsor or its permitted transferees:
−Removed: (1) they will not be redeemable by the Company except if the Reference Value
−Removed: is less than $18.00 per share (as adjusted for certain adjustments to the number of shares issuable upon exercise or the exercise price
−Removed: of a warrant), the Private Placement Warrants must also be concurrently called for redemption on the same terms as the outstanding public
−Removed: (2) they (including the Class A ordinary shares issuable upon exercise of these warrants) may not, subject to certain limited
−Removed: exceptions, be transferred, assigned or sold by the Sponsor until 30 days after the completion of a Business Combination;
−Removed: be exercised by the holders on a cashless basis;
−Removed: and (4) they (including the ordinary shares issuable upon exercise of these warrants)
−Removed: are entitled to registration rights.
−Removed: the gross proceeds received from our Initial Public Offering including the over-allotment option and the Private Placement Warrants,
−Removed: $345,000,000 was placed in the Trust Account.
−Removed: paid a total of $6,900,000 in underwriting discounts and commissions and $1,194,599 for other costs and expenses related to our Initial
−Removed: Public Offering.
−Removed: In addition, the underwriter agreed to defer $12,075,000 in underwriting discounts and commissions.
−Removed: a description of the use of the proceeds generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES
+Added: AND USE OF PROCEEDS
+Added: On March 18, 2021, we consummated our Initial
+Added: Public Offering of 30,000,000 units.
+Added: On March 18, 2021, in connection with the underwriters’ election to exercise their over-allotment
+Added: option, we consummated the sale of an additional 4,500,000 Units.
+Added: The Units sold in our Initial Public Offering and exercise of over-allotment
+Added: option were sold at an offering price of $10.00 per Unit, generating total gross proceeds of $345,000,000.
+Added: The securities in the offering
+Added: were registered under the Securities Act on a registration statement on Form S-1 (No.
+Added: The Securities and Exchange Commission
+Added: declared the registration statement effective on March 15, 2021.
+Added: Simultaneously with the consummation of the Initial
+Added: Public Offering, we consummated a private placement of 5,933,333 Private Placement Warrants to our Sponsor at a price of $1.50 per Private
+Added: Placement Warrant, generating total proceeds of $8,900,000.
+Added: Such securities were issued pursuant to the exemption from registration contained
+Added: in Section 4(a)(2) of the Securities Act.
+Added: The Private Placement Warrants are identical to
+Added: the warrants underlying 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 the Company except if the Reference Value is less than $18.00 per share (as adjusted for
+Added: certain adjustments to the number of shares issuable upon exercise or the exercise price of a warrant), the Private Placement Warrants
+Added: must also be concurrently called for redemption on the same terms as the outstanding public warrants;
+Added: (2) they (including the Class A
+Added: ordinary shares issuable upon exercise of these warrants) may not, subject to certain limited exceptions, be transferred, assigned or
+Added: sold by the Sponsor until 30 days after the completion of a Business Combination;
+Added: (3) they may be exercised by the holders on a cashless
+Added: and (4) they (including the ordinary shares issuable upon exercise of these warrants) are entitled to registration rights.
+Added: Of the gross proceeds received from our Initial
+Added: Public Offering including the over-allotment option and the Private Placement Warrants, $345,000,000 was placed in the Trust Account.
+Added: We paid a total of $6,900,000 in underwriting
+Added: discounts and commissions and $1,194,599 for other costs and expenses related to our Initial Public Offering.
+Added: In addition, the underwriter
+Added: agreed to defer $12,075,000 in underwriting discounts and commissions.
+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
MINE SAFETY DISCLOSURES
+Added: Not applicable.
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.