Tailwind Two Acquisition Corp. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Class A ordinary shares reflected (Details)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Class A ordinary shares reflected (Details) - Class A Ordinary shares subject to possible redemption - TAILWIND TWO ACQUISITION CORP.	12 Months Ended
	Dec. 31, 2021 USD ($)
Gross proceeds	$ 345,000,000
Proceeds allocated to Public Warrants	(11,270,000)
Class A ordinary shares issuance costs	(18,881,972)
Accretion of carrying value to redemption value	30,151,972
Class A ordinary shares subject to possible redemption	$ 345,000,000

- 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.

+ References + Details