FAIR VALUE MEASUREMENTS (Schedule of Warrants Follows at Initial Measurement) (Details) - USD ($) |
1 Months Ended | 3 Months Ended |
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Feb. 16, 2021 |
Mar. 31, 2021 |
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Public Warrants [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Risk-free interest rate | 0.73% | 1.10% |
Expected term (years) | 5 years 10 months 14 days | 5 years 9 months 3 days |
Expected volatility | 23.20% | 24.00% |
Exercise price (in Dollars per share) | $ 11.50 | |
Fair value of Unit | $ 10 | $ 10 |
Fair value of Class A ordinary share (in Dollars per share) | $ 9.93 | |
Private Placement [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Risk-free interest rate | 0.73% | 1.10% |
Expected term (years) | 5 years 10 months 14 days | 5 years 9 months 3 days |
Expected volatility | 42.60% | 42.70% |
Exercise price (in Dollars per share) | $ 11.50 | $ 11.50 |
Fair value of Unit | $ 10 | $ 10 |
Fair value of Class A ordinary share (in Dollars per share) | $ 9.79 | $ 9.93 |
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- Definition Fair value of Class A ordinary share. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. No definition available.
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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