Basis of Preparation - Additional Information (Details) |
12 Months Ended |
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Feb. 28, 2021
USD ($)
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Netfin | |
Disclosure Of Basis Of Preparation [Line Items] | |
Percentage of ownership voting interest | 100.00% |
TFPL | |
Disclosure Of Basis Of Preparation [Line Items] | |
Description of how acquirer obtained control of acquiree | TFPL has been determined to be the accounting acquirer based on evaluation of the following facts and circumstances: • The Sellers, who comprise all of TFPL’s shareholders, will have the largest ownership interest and voting interest in Holdco after the closing date under each of the no redemptions and maximum redemptions scenarios (as described below and in the notes hereto) with approximately 61.5% or 77.3% ownership voting interest, respectively; • Holdco’s board of directors after the business combination will initially consist of seven directors; five of whom will initially be appointed by the Sellers and two of whom will initially be appointed by Netfin; and • TFPL represents the larger entity, in terms of both revenue and total assets. |
Goodwill in connection with acquisition | $ 0 |
Intangible assets in connection with acquisition | $ 0 |
TFPL | No Redemptions | |
Disclosure Of Basis Of Preparation [Line Items] | |
Percentage of ownership voting interest | 61.50% |
TFPL | Maximum Redemptions | |
Disclosure Of Basis Of Preparation [Line Items] | |
Percentage of ownership voting interest | 77.30% |
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- Definition The description of how the acquirer obtained the power to govern the financial and operating policies of the acquiree so as to obtain benefits from its activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount recognised as of the business combination's acquisition date for goodwill. [Refer: Goodwill; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount recognised as of the acquisition date for identifiable intangible assets acquired in a business combination. [Refer: Intangible assets other than goodwill; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Disclosure of basis of preparation. No definition available.
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