SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Ordinary Shares Subject to Possible Redemption

At December 31, 2021, the Class A ordinary shares reflected in the balance sheet are reconciled in the following table:

Gross proceeds	$	287,500,000
Less:
Proceeds allocated to Public Warrants		(8,050,000	)
Class A ordinary shares issuance costs		(14,104,589	)
Plus:
Accretion of carrying value to redemption value		22,211,350
Class A ordinary shares subject to possible redemption	$	287,556,761

Basic and Diluted Reconciliation of Net Income Per Ordinary Share

Accordingly, basic and diluted income per ordinary share is calculated as follows:

	Year Ended December 31,
	2021				2020
	Class A		Class B		Class A		Class B
Basic and diluted net income (loss) per ordinary share
Numerator:
Allocation of net income , as adjusted	$	681,730	$	208,255	$	—	$	(5,000	)
Denominator:
Basic and diluted weighted average shares outstanding		22,839,041		6,976,884		—		6,250,000
Basic and diluted net income per ordinary share	$	0.04	$	0.04	$	—	$	(0.00	)
Numerator:
Allocation of net income , as adjusted		—	$	213,037		—		—
Denominator:
Diluted weighted average shares outstanding		—		7,187,500		—		—
Diluted net income per ordinary share		—	$	0.04		—		—