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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of reconciliation of Class A ordinary shares reflected in the condensed balance sheet

Gross proceeds

    

$

276,000,000

Less:

  

Proceeds allocated to Public Warrants

$

(10,626,000)

Class A common stock issuance costs

 

(15,239,420)

Plus:

 

  

Accretion of carrying value to redemption value

$

28,625,420

Class A common stock subject to possible redemption

$

278,760,000

Reconciliation of Net Loss per Common Share

Three Months Ended

Nine Months Ended

For the Period from July 20,

September 30, 

September 30, 

2020 (Inception) Through

2021

2021

September 30, 2020

    

Class A

    

Class B

    

Class A

Class B

    

Class A

    

Class B

Basic and diluted net income (loss) per common share

    

Numerator:

Allocation of net income (loss), as adjusted

$

3,388,709

$

847,177

$

4,201,084

$

1,050,271

$

$

(1,000)

Denominator:

Basic and diluted weighted average shares outstanding

27,600,000

6,900,000

27,600,000

6,900,000

6,000,000

Basic and diluted net income per common share

$

0.12

$

0.12

$

0.15

$

0.15

$

$