SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) |
6 Months Ended | |
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Jun. 30, 2022 |
Dec. 31, 2021 |
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Investments held in Trust Account | $ 200,285,358 | $ 200,010,449 |
Deferred underwriting fees | 5,250,000 | 7,000,000 |
Unrecognized tax benefits | 0 | 0 |
Unrecognized tax benefits accrued for interest and penalties | 0 | $ 0 |
Federal depository insurance coverage. | 250,000 | |
Public Warrants | ||
Offering costs | $ 867,351 | |
Class A ordinary shares | ||
Class A ordinary shares subject to possible redemption | 20,000,000 | 20,000,000 |
Offering costs | $ 10,603,116 | |
Initial Public Offering. | ||
Offering costs | 11,470,467 | |
Underwriting fees | 4,000,000 | |
Deferred underwriting fees | 7,000,000 | |
Other offering costs | $ 470,467 |
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- Definition The carrying value as of balance sheet date of underwriting fees payable or deferred, classified as noncurrent. No definition available.
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- Definition Federal depository insurance coverage. No definition available.
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- Definition Represents the amount of other offering costs incurred. No definition available.
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- Definition Represents the amount of offering fees incurred and paid for underwriters. No definition available.
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- Definition Represents the amount of transaction costs incurred. No definition available.
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- Definition The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate more than one year from the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The number of securities classified as temporary equity that have been issued and are held by the entity's shareholders. Securities outstanding equals securities issued minus securities held in treasury. 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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount accrued for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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