COMMITMENTS (Details)
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12 Months Ended |
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Feb. 10, 2021
USD ($)
$ / shares
shares
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Jun. 19, 2020
USD ($)
$ / shares
shares
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Jun. 04, 2020
USD ($)
shares
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Dec. 31, 2020 |
| COMMITMENTS |
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| Number of demands to company to register securities | $ |
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2
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| Period for exercise of right for registration of securities |
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3 months
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| Underwriters option period |
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45 days
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| Period granted for right of first refusal |
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15 months
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| Minimum percentage of right of refusal to act as lead underwriters or co managers for all future public and private equity offerings |
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30
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| Percentage of right of refusal for a three handed deal |
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20.00%
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| Minimum percentage of right of refusal to act as lead underwriters or co managers for all future public and private equity and debt offerings |
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15
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| Maximum period for right of for |
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3 years
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| Playboy Enterprises, Inc. |
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| COMMITMENTS |
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| Aggregate consideration | $ |
$ 381,300,000
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| Shares issued |
23,920,000
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| Issue price of a share | $ / shares |
$ 10.00
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| Over allotment option |
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| COMMITMENTS |
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| Additional units offered |
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750,000
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| Number of units exercised |
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749,800
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| Price per unit | $ / shares |
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$ 10.00
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| Number of units forfeited |
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200
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| Deferred fee per unit | $ / shares |
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$ 0.35
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| Deferred fee | $ |
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$ 2,012,430
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