XML 27 R19.htm IDEA: XBRL DOCUMENT
v3.21.4

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS |
Summary of impact of the restatement on the financial statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance Sheet as of March 31, 2021 (unaudited) |  | As Previously Reported |  | Adjustment |  | As Restated |
Class A common stock subject to possible redemption | ​ | $ | 249,368,091 | ​ | $ | 29,391,909 | ​ | $ | 278,760,000 |
Class A common stock | ​ | $ | 291 | ​ | $ | (291) | ​ | $ | — | ​
Additional paid-in capital | ​ | $ | 3,173,795 | ​ | $ | (3,173,795) | ​ | $ | — | ​
Retained earnings | ​ | $ | (1,825,231) | ​ | $ | (26,217,823) | ​ | $ | (24,392,592) | ​
Total Stockholders’ Equity (Deficit) | ​ | $ | 5,000,007 | ​ | $ | (29,391,909) | ​ | $ | (24,391,902) | ​
Balance Sheet as of June 30, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Class A common stock subject to possible redemption | ​ | $ | 244,473,833 | ​ | $ | 34,286,167 | ​ | $ | 278,760,000 | ​
Class A common stock | ​ | $ | 339 | ​ | $ | (339) | ​ | $ | — | ​
Additional paid-in capital | ​ | $ | 8,068,005 | ​ | $ | (8,068,005) | ​ | $ | — | ​
Retained earnings | ​ | $ | (3,069,031) | ​ | $ | (26,217,823) | ​ | $ | (29,286,854) | ​
Total Stockholders’ Equity (Deficit) | ​ | $ | 5,000,003 | ​ | $ | (34,286,167) | ​ | $ | (29,286,164) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Operations for the Three Months Ended March 31, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | ​ | ​ | 27,600,000 | ​ | ​ | (27,600,000) | ​ | ​ | — | ​
Basic and diluted net income per share, common stock subject to possible redemption | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Non-redeemable common stock | ​ | ​ | 6,900,000 | ​ | ​ | (6,900,000) | ​ | ​ | — | ​
Basic and diluted net income per share, Non-redeemable common stock | ​ | $ | 0.85 | ​ | $ | (0.85) | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Class A common stock | ​ | ​ | — | ​ | ​ | 27,600,000 | ​ | ​ | 27,600,000 | ​
Basic and diluted net income per share, Class A common stock | ​ | $ | — | ​ | $ | 0.17 | ​ | $ | 0.17 | ​
Basic and diluted weighted average shares outstanding, Class B common stock | ​ | ​ | — | ​ | ​ | 6,900,000 | ​ | ​ | (6,900,000) | ​
Basic and diluted net income per share, Class B common stock | ​ | $ | — | ​ | $ | 0.17 | ​ | $ | 0.17 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Operations for the Three Months Ended June 30, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Basic and diluted weighted average shares outstanding, Common stock subject to possible redemption | ​ | ​ | 27,600,000 | ​ | ​ | (27,600,000) | ​ | ​ | — | ​
Basic and diluted net income per share, Common stock subject to possible redemption | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Non-redeemable common stock | ​ | ​ | 6,900,000 | ​ | ​ | (6,900,000) | ​ | ​ | — | ​
Basic and diluted net (cbgbhloss) per share, Non-redeemable common stock | ​ | $ | (0.71) | ​ | $ | 0.71 | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Class A common stock | ​ | ​ | — | ​ | ​ | 27,600,000 | ​ | ​ | 27,600,000 | ​
Basic and diluted net loss per share, Class A common stock | ​ | $ | — | ​ | $ | (0.14) | ​ | $ | (0.14) | ​
Basic and diluted weighted average shares outstanding, Class B common stock | ​ | ​ | — | ​ | ​ | 6,900,000 | ​ | ​ | 6,900,000 | ​
Basic and diluted net loss per share, Class B common stock | ​ | $ | — | ​ | $ | (0.14) | ​ | $ | (0.14) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Operations for the Six Months Ended June 30, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Basic and diluted weighted average shares outstanding, common stock subject to possible redemption | ​ | ​ | 27,600,000 | ​ | ​ | (27,600,000) | ​ | ​ | — | ​
Basic and diluted net income per share, common stock subject to possible redemption | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Non-redeemable common stock | ​ | ​ | 16,200,000 | ​ | ​ | (16,200,000) | ​ | ​ | — | ​
Basic and diluted net income per share, Non-redeemable common stock | ​ | $ | 0.06 | ​ | $ | (0.06) | ​ | $ | — | ​
Basic and diluted weighted average shares outstanding, Class A common stock | ​ | ​ | — | ​ | ​ | 27,600,000 | ​ | ​ | 27,600,000 | ​
Basic and diluted net income per share, Class A common stock | ​ | $ | — | ​ | $ | 0.03 | ​ | $ | 0.03 | ​
Basic and diluted weighted average shares outstanding, Class B common stock | ​ | ​ | — | ​ | ​ | 6,900,000 | ​ | ​ | 6,900,000 | ​
Basic and diluted net income per share, Class B common stock | ​ | $ | — | ​ | $ | 0.03 | ​ | $ | 0.03 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Changes in Shareholders’ Equity (Deficit) for the Three Months Ended March 31, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Change in value of Class A Common stock subject to possible redemption | ​ | $ | (5,909,732) | ​ | $ | 5,909,732 | ​ | $ | — | ​
Total Stockholders’ Equity (Deficit) | ​ | $ | 5,000,007 | ​ | $ | (29,391,909) | ​ | $ | (24,391,902) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Changes in Shareholders’ Equity (Deficit) for the Three Months Ended June 30, 2021 (unaudited) | ​ | As Previously Reported | ​ | Adjustment | ​ | As Restated | ​
Change in value of Class A Common stock subject to possible redemption | ​ | $ | 4,894,258 | ​ | $ | (4,894,258) | ​ | $ | — | ​
Total Stockholders’ Equity (Deficit) | ​ | $ | 5,000,003 | ​ | $ | (34,286,167) | ​ | $ | (29,286,164) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Cash Flows for the Three Months Ended March 31, 2021 (unaudited) | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-Cash investing and financial activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in value of Class A common stock subject to possible redemption | ​ | $ | 5,909,732 | ​ | $ | (5,909,732) | ​ | $ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statement of Cash Flows for the Three Months Ended June 30, 2021 (unaudited) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-Cash investing and financial activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in value of Class A common stock subject to possible redemption | ​ | $ | 1,015,474 | ​ | $ | (1,015,474) | ​ | $ | — | ​

X
- References No definition available. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration