SUBSEQUENT EVENT |
6 Months Ended |
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Jun. 30, 2024 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENT | SUBSEQUENT EVENT
On July 31, 2024, the Company filed a registration statement on Form S-4 with a preliminary proxy statement to convert PSSA (the “Redomiciliation Transaction”) into a corporation incorporated under the laws of the State of Delaware, after which, PSSA will continue as an entity under the name “Perimeter Solutions, Inc.” and the existing PSSA shareholders would hold shares in Perimeter Solutions, Inc. rather than in PSSA. The Company expects to complete the Redomiciliation Transaction by December 31, 2024 and does not expect that the Redomiciliation Transaction will have a significant impact on the Company’s consolidated financial statements.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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