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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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Sep. 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Reconciled Class A Ordinary Shares Subject to Possible Redemption | At September 30, 2021 and December 31, 2020, the Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:
|  | September 30, 2021 |  |  | December 31, 2020 |
Gross proceeds |  | $ | 276,000,000 |  |  | $ | 276,000,000 |
Private Placement Proceeds |  |  | 5,520,000 |  |  |  | 2,760,000 |
Less: |  |  |  |  |  |  |  |
Proceeds allocated to Public Warrants |  | $ | (15,897,248 | ) |  | $ | (15,897,248 | )
Class A ordinary shares issuance costs |  | $ | (14,808,199 | ) |  | $ | (14,808,199 | )
Plus: |  |  |  |  |  |  |  |
Accretion of carrying value to redemption value |  | $ | 30,705,447 |  |  | $ | 30,705,447 |
Class A ordinary shares subject to possible redemption |  | $ | 281,520,000 |  |  | $ | 278,760,000 |
Basic and Diluted Net Income (Loss) Per Ordinary Share | The following table reflects the calculation of basic and diluted net income (loss) per ordinary share:
|  | Three Months Ended September 30, 2021 |  |  | Nine Months Ended September 30, 2021 |  |  | For the Period from July 27, 2020 (Inception) Through September 30, 2020 |
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |
Basic and diluted net income per ordinary share |  |  |  |  |  |  |  |  |  |  |  |  |  | ​ |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  | ​ |  |  |  |
Allocation of net income (loss), as adjusted |  | $ | 9,464,606 |  |  | $ | 2,366,151 |  |  | $ | 18,263,013 |  |  | $ | 4,565,753 |  |  | $ | — |  |  | $ | (5,129 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | ​ |  |  |  |  |
Basic and diluted weighted average shares outstanding |  |  | 27,600,000 |  |  |  | 6,900,000 |  |  |  | 27,600,000 |  |  |  | 6,900,000 |  |  |  | — |  |  |  | 6,900,000 |
Basic and diluted net income per ordinary share |  | $ | 0.34 |  |  | $ | 0.34 |  |  | $ | 0.66 |  |  | $ | 0.66 |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (27) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=122040564&loc=d3e177068-122764 + Details
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