XML 39 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The Company's fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2021, is as follows:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

(in thousands) 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Public Warrants

 

$

51,363,551

 

 

$

 

 

$

 

 

$

51,363,551

 

Private Placement Warrants

 

 

 

 

 

24,585,417

 

 

 

 

 

 

24,585,417

 

Total liabilities

 

$

51,363,551

 

 

$

24,585,417

 

 

$

 

 

$

75,948,968

 

Schedule of Changes in Fair Value of Warrant Liabilities

The change in the fair value of warrant liabilities is as follows:

 

 

 

Warrant Liabilities

 

 

 

(in thousands)

 

Balance at March 31, 2021

 

$

 

Private Placement Warrants and Public Warrants

 

 

75,415

 

Exercised warrants

 

 

 

Change in fair value of warrants

 

 

534

 

Balance at June 30, 2021

 

$

75,949