WARRANTS (Details Narrative) |
5 Months Ended | 8 Months Ended |
|---|---|---|
|
Sep. 30, 2021
$ / shares
shares
|
Sep. 30, 2021
$ / shares
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Warrant Price | $ 0.01 | $ 0.01 |
| Warrants, description | if, and only if, the closing price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant from share divisions, share capitalizations, reorganizations, recapitalizations and the like) for any twenty (20) trading days within a 30-trading day period ending three (3) trading days before the Company sends the notice of redemption to the warrant holders. | |
| Redemption per share | $ 10.10 | |
| Public Warrants [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Warrant Price | $ 0.10 | 0.10 |
| Redemption per share | $ 10.00 | |
| Public Warrants [Member] | IPO [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Warrants issued | shares | 9,997,623 | |
| Warrants [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Business combination, description | Business Combination at an issue price or effective issue price of less than $9.20 per ordinary share (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor, Anchor Investors, or its affiliates, without taking into account any founder shares held by the Sponsor, the Company’s Anchor Investors or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the completion of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the shares of Class A ordinary shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummate the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00” and “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to 100% and 180%, respectively, of the higher of the Market Value and the Newly Issued Price. | |
| Warrant [Member] | IPO [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Warrants issued | shares | 18,996,197 | |
| Private Placement Warrants [Member] | IPO [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Warrants issued | shares | 8,998,574 |