TRUST ACCOUNT AND FAIR VALUE MEASUREMENT - Schedule of fair values investments active markets for identical assets or liabilities (Details) - USD ($) |
Jun. 30, 2021 |
Dec. 31, 2020 |
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Carrying Value [Member] | ||
Trust Account and Fair Value Measurement [Line Items] | ||
Cash and money market funds | $ 172,608,000 | |
U.S. government treasury bills | $ 172,579,000 | |
Total | 172,608,000 | 172,579,000 |
Level 1 | ||
Trust Account and Fair Value Measurement [Line Items] | ||
Cash and money market funds | 172,608,000 | |
U.S. government treasury bills | 172,579,000 | |
Total | $ 172,608,000 | $ 172,579,000 |
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- Definition Trust Account and Fair Value Measurement Line Items. No definition available.
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- Definition Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate fair value as of the balance sheet date of financial instruments and other positions owned by the entity including: (1) mortgages, mortgage-backed and asset backed securities; (2) US government and agency obligations; (3) state and municipal government obligations; (4) other sovereign government debt; (5) corporate obligations; (6) corporate equities; (7) principal investments; (8) derivative contracts; and (9) physical commodities. Includes both pledged and unpledged holdings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Debt securities issued by a United States government agency such as Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Federal National Mortgage Association (Fannie Mae), which are short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. No definition available.
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