SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Common Stock Subject to Possible Redemption (Details) - USD ($) |
3 Months Ended | 12 Months Ended |
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Mar. 31, 2022 |
Dec. 31, 2021 |
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Common stock issuance costs | $ 1,625,220 | |
Common stock subject to possible redemption | 116,725,000 | $ 116,725,000 |
Common stock subject to redemption | ||
Gross proceeds | 115,000,000 | 115,000,000 |
Common stock issuance costs | (1,625,220) | (1,625,220) |
Accretion of carrying value to redemption value | 3,350,220 | 3,350,220 |
Common stock subject to possible redemption | $ 116,725,000 | $ 116,725,000 |
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- Definition Represents the amount of transaction costs incurred. No definition available.
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- Definition The cash inflow associated with the amount received from entity's first offering of stock to the public. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value of accretion of temporary equity to its redemption value during the period. No definition available.
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- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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