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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables) | 9 Months Ended
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Sep. 30, 2021
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS [Abstract] |
Resstatement to Prior Period Financial Statements | There has been no change in the Company’s total assets, liabilities or operating results.
Balance Sheet as of March 31, 2021 (unaudited) |  | As Previously Reported |  |  | Adjustment |  |  | As Restated |
Class A ordinary shares subject to possible redemption |  | $ | 225,040,249 |  |  | $ | 53,719,751 |  |  | $ | 278,760,000 |
Class A ordinary shares |  | $ | 532 |  |  | $ | (532 | ) |  | $ | — |
Additional paid-in capital |  | $ | 20,278,082 |  |  | $ | (20,278,082 | ) |  | $ | — |
Accumulated deficit |  | $ | (15,279,297 | ) |  | $ | (33,441,137 | ) |  | $ | (48,720,434 | )
Total shareholders’ equity (deficit) |  | $ | 5,000,007 |  |  | $ | (53,713,751 | ) |  | $ | (48,719,744 | )
Number of shares subject to redemption |  |  | 22,277,508 |  |  |  | 5,322,492 |  |  |  | 27,600,000 |
Balance Sheet as of June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Class A ordinary shares subject to possible redemption |  | $ | 230,466,131 |  |  | $ | 51,053,869 |  |  | $ | 281,520,000 |
Class A ordinary shares |  | $ | 501 |  |  | $ | (501 | ) |  | $ | — |
Additional paid-in capital |  | $ | 14,852,231 |  |  | $ | (14,852,231 | ) |  | $ | — |
Accumulated deficit |  | $ | (9,853,414 | ) |  | $ | (36,201,137 | ) |  | $ | (46,054,551 | )
Total shareholders’ equity (deficit) |  | $ | 5,000,008 |  |  | $ | (51,053,869 | ) |  | $ | (46,053,861 | )
Number of shares subject to redemption |  |  | 22,590,729 |  |  |  | 5,009,271 |  |  |  | 27,600,000 |
Condensed Consolidated Statement of Changes in Shareholders’ Equity (Deficit) as of March 31, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Change in value of Class A ordinary shares subject to redemption |  | $ | (5,572,127 | ) |  | $ | 5,572,127 |  |  | $ | — |
Condensed Consolidated Statement of Changes in Shareholders’ Equity (Deficit) as of June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Change in value of Class A ordinary shares subject to redemption |  | $ | (5,425,882 | ) |  | $ | 5,425,882 |  |  | $ | — |
Accretion for Class A ordinary shares to redemption amount |  | $ | — |  |  | $ | (2,760,000 | ) |  | $ | (2,760,000 | )
Statement of Cash Flows for the Three Months Ended March 31, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Change in value of Class A ordinary shares subject to possible redemption |  | $ | 5,572,127 |  |  | $ | (5,572,127 | ) |  | $ | — |
Statement of Cash Flows for the Three Months Ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Change in value of Class A ordinary shares subject to possible redemption |  | $ | 10,998,009 |  |  | $ | (10,998,009 | ) |  | $ | — |
Statement of Operations for the three months ended March 31, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding, Class A ordinary shares |  |  | 27,600,000 |  |  |  | — |  |  |  | 27,600,000 |
Basic and diluted net income per share, Class A ordinary shares |  | $ | — |  |  | $ | 0.16 |  |  | $ | 0.16 |
Weighted average shares outstanding, Class B ordinary shares |  |  | 6,900,000 |  |  |  | — |  |  |  | 6,900,000 |
Basic and diluted net loss per share, Class B ordinary shares |  | $ | 0.80 |  |  | $ | (0.64 | ) |  | $ | 0.16 |
Statement of Operations for the three months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding, Class A ordinary shares |  |  | 27,600,000 |  |  |  | — |  |  |  | 27,600,000 |
Basic and diluted net income per share, Class A ordinary shares |  | $ | — |  |  | $ | 0.16 |  |  | $ | 0.16 |
Weighted average shares outstanding, Class B ordinary shares |  |  | 6,900,000 |  |  |  | — |  |  |  | 6,900,000 |
Basic and diluted net loss per share, Class B ordinary shares |  | $ | 0.79 |  |  | $ | (0.63 | ) |  | $ | 0.16 |
Statement of Operations for the six months ended June 30, 2021 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding, Class A ordinary shares |  |  | 27,600,000 |  |  |  | — |  |  |  | 27,600,000 |
Basic and diluted net income per share, Class A ordinary shares |  | $ | — |  |  | $ | 0.32 |  |  | $ | 0.32 |
Weighted average shares outstanding, Class B ordinary shares |  |  | 6,900,000 |  |  |  | — |  |  |  | 6,900,000 |
Basic and diluted net loss per share, Class B ordinary shares |  | $ | 1.59 |  |  | $ | (1.27 | ) |  | $ | 0.32 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794 + Details
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