SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of Net (Loss) Income per Common Share (Details) - USD ($) |
3 Months Ended | 5 Months Ended | 6 Months Ended | |
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Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2021 |
Jun. 30, 2022 |
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Class A ordinary shares | ||||
Net loss | $ 10,699,010 | $ 8,913,434 | $ 4,470,604 | $ 10,515,622 |
Basic weighted average shares outstanding | 20,000,000 | 20,000,000 | 10,777,778 | 20,000,000 |
Diluted weighted average shares outstanding | 20,000,000 | 20,000,000 | 10,777,778 | 20,000,000 |
Basic net earnings per share | $ 0.53 | $ 0.45 | $ 0.41 | $ 0.53 |
Diluted net earnings per share | $ 0.53 | $ 0.45 | 0.41 | 0.53 |
Class A ordinary shares subject to possible redemption | ||||
Diluted net earnings per share | $ 0.41 | $ 0.53 | ||
Class B ordinary shares | ||||
Net loss | $ 2,674,753 | $ 2,228,358 | $ 1,785,937 | $ 2,628,905 |
Basic weighted average shares outstanding | 5,000,000 | 5,000,000 | 4,305,556 | 5,000,000 |
Diluted weighted average shares outstanding | 5,000,000 | 5,000,000 | 4,305,556 | 5,000,000 |
Basic net earnings per share | $ 0.53 | $ 0.45 | $ 0.41 | $ 0.53 |
Diluted net earnings per share | $ 0.53 | $ 0.45 | $ 0.41 | $ 0.53 |
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The earnings that is allocated to common stock and participating securities to the extent that each security may share in earnings as if all of the earnings for the period had been distributed. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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