Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Details)

v3.21.1
Commitments and Contingencies (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
Commitments and Contingencies (Details) [Line Items]  
Merger agreement description Subject to the terms and conditions of the Merger Agreement, the consideration to be paid in respect of each share of common stock, par value $0.001 per share, of Berkshire Grey (“Berkshire Grey Common Stock”) issued and outstanding immediately prior to the effective time of the Merger will be a number of shares of newly-issued Class A common stock of the Company (with each share valued at $10.00), par value $0.0001 per share (“RAAC Class A Common Stock”), equal to (x) $2,250,000,000.00 divided by (y) the number of shares of Aggregate Fully Diluted Company Stock (as defined in the Merger Agreement). Immediately prior to the closing of the Business Combination (the “Closing”), all of the outstanding shares of each series of preferred stock of Berkshire Grey will be converted into shares of Berkshire Grey Common Stock.
Subscription agreements description Additionally, the Company is required to use its commercially reasonable efforts to have such registration statement declared effective as soon as practicable after the filing thereof, but no later than the earlier of (i) the 90th calendar day following the filing date thereof and (ii) the 10th business day after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC that the registration statement will not be “reviewed” or will not be subject to further review.
Class A Common Stock [Member]  
Commitments and Contingencies (Details) [Line Items]  
Common stock aggregate amount | $ $ 165,000,000
Stock purchase price per share | $ / shares $ 10.00
Underwriting Agreement [Member]  
Commitments and Contingencies (Details) [Line Items]  
Underwriting description The underwriter is entitled to a deferred fee of $0.35 per Unit, or $10,062,500 in the aggregate. Of such amount, at the Company’s sole and absolute discretion, up to $0.175 per Unit, or up to $5,031,250, may be paid to third parties not participating in the Initial Public Offering that assist the Company in consummating its initial Business Combination.