COMMITMENTS AND CONTINGENCIES (Details) - USD ($) |
6 Months Ended | 12 Months Ended | ||
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Jul. 01, 2019 |
Dec. 31, 2019 |
Dec. 31, 2020 |
Oct. 12, 2020 |
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Fair value as of beginning period | $ 56,360,000 | |||
Initial measurement on October 12, 2020 | $ 38,110,000 | |||
Change in valuation inputs or other assumptions | $ 18,250,000 | 21,498,000 | ||
Fair value as of ending period | 56,360,000 | $ 77,858,000 | ||
Prosus Agreement | ||||
Probability for consummation of business combination | 85.00% | 85.00% | ||
Fair value as of beginning period | $ 0 | |||
Initial measurement on October 12, 2020 | 45,045,478 | |||
Change in valuation inputs or other assumptions | 5,432,712 | |||
Fair value as of ending period | $ 0 | $ 50,481,190 |
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- Definition Initial Classification of Warrant Liability. No definition available.
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- Definition Probability for consummation of business combination. No definition available.
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- Definition Amount of increase (decrease) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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