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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of consolidated financial statements reflect the activities
Name  Background  Ownership
AGBA Merger Sub I Limited (“AMSI”)  A British Island company Incorporated on November 26, 2021  100% Owned by AGBA
AGBA Merger Sub II Limited (“AMSII”)  A British Island company Incorporated on November 26, 2021  100% Owned by AGBA

 

Schedule of assets and liabilities that were measured at fair value on a recurring basis
   December 31,   Quoted Prices
In Active
Markets
   Significant Other Observable Inputs   Significant Other Unobservable
Inputs
 
Description  2021   (Level 1)   (Level 2)   (Level 3) 
Assets:                
U.S. Treasury Securities held in Trust Account*  $40,441,469   $40,441,469   $
                -
   $
           -
 
                     
Liabilities:                    
Warrant liabilities  $490,000   $
-
   $
-
   $490,000 

 

    December 31,     Quoted Prices
In Active
Markets
    Significant Other Observable Inputs     Significant Other Unobservable
Inputs
 
Description   2020     (Level 1)     (Level 2)     (Level 3)  
Assets:                        
U.S. Treasury Securities held in Trust Account*   $ 48,249,518     $ 48,249,518     $
                  -
    $
   -
 
                                 
Liabilities:                                
Warrant liabilities (restated)   $ 390,000     $
-
    $
-
    $ 390,000  

 

Schedule of net income (loss) per share
    For the
Year
Ended
December 31,
    For the
Year
Ended
December 31,
 
    2021     2020  
          (Restated)  
Net loss   $ (769,316 )   $ (37,426 )
Accretion of carrying value to redemption value     (4,584,555 )    
-
 
Net loss including accretion of carrying value to redemption value   $ (5,353,871 )   $ (37,426 )

 

Schedule of net income (loss) per share basic and diluted
    For the
Year Ended
December 31,
2021
    For the
Year Ended
December 31,
2020
 
    Redeemable
 Ordinary share
    Non-
Redeemable
 Ordinary share
    Redeemable  Ordinary share     Non-Redeemable  Ordinary share  
                (Restated)     (Restated)  
Basic and diluted net income (loss) per share:                        
Numerators:                        
Allocation of net loss including carrying value to redemption value   $ (3,981,368 )   $ (1,372,503 )   $ (28,813 )   $ (8,613 )
Accretion of carrying value to redemption value     4,584,555      
-
     
-
     
-
 
Allocation of net income (loss)   $ 603,187     $ (1,372,503 )   $ (28,813 )   $ (8,613 )
Denominators:                                
Weighted-average shares outstanding     3,988,613       1,375,000       4,600,000       1,375,000  
Basic and diluted net income (loss) per share   $ 0.15     $ (1.00 )   $ (1.00 )   $ (0.01 )