XML 26 R10.htm IDEA: XBRL DOCUMENT
v3.22.1

Private Placement | 12 Months Ended
--- | ---
Dec. 31, 2021
Private Placement | Note 4 – Private Placement Simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of 5,013,333 Private Placement Warrants, at a price of $1.50 per Private Placement Warrant with the Sponsor, generating gross proceeds of approximately $7.5 million. Each whole Private Placement Warrant is exercisable for one whole Class A ordinary share at a price of $11.50 per share. A portion of the proceeds from the sale of the Private Placement Warrants to the Sponsor was added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable for cash and exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees. The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.

X
- Definition The entire disclosure on information about private placement. + References No definition available. + Details
Name: | ses_PrivatePlacementTextBlock
Namespace Prefix: | ses_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration