Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.21.1
Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 383,246 $ 5,000
Prepaid expenses 599,170  
Total current assets 982,416 5,000
Deferred tax asset 265,954  
Cash and cash equivalents held in Trust Account 750,063,158  
Accrued dividends receivable held in Trust Account 3,883  
Total assets 751,315,411 5,000
Current liabilities:    
Accounts payable 965,370 636
Accrued offering costs 375,000  
Income tax payable 57  
Warrant liability 71,676,615  
Total current liabilities 73,017,042 636
Deferred underwriting discount 26,250,000  
Total liabilities 99,267,042 636
Commitments and contingencies  
Class A common stock subject to possible redemption; 75,000,000 and -0- shares at redemption value at December 31, 2020 and December 31, 2019, respectively 750,000,000 0
Stockholders' equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding at December 31, 2020 and December 31, 2019, respectively 0 0
Additional paid-in capital 0 2,988
Accumulated deficit (97,953,505) (636)
Total stockholders' equity/(deficit) (97,951,631) 4,364
Total liabilities and stockholders' equity 751,315,411 5,000
Common Class A [Member]    
Current liabilities:    
Class A common stock subject to possible redemption; 75,000,000 and -0- shares at redemption value at December 31, 2020 and December 31, 2019, respectively 750,000,000  
Stockholders' equity:    
Common stock 0 0
Common Class B [Member]    
Stockholders' equity:    
Common stock $ 1,874 $ 2,012