Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities that are measured at fair value on a recurring basis

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets:
Investments held in Trust Account	$	116,728,736	$	-	$	-
Liabilities:
Derivative warrant liabilities	$	-	$	-	$	7,411,400

Schedule of initial measurement

	Initial Measurment			As of December  31, 2020
Volatility		15-16.5%			15-16.5%
Stock price	$	10.00		$	10.00
Probability of Business Combination		80	%		80	%
Expected life of the options to convert		6			5.96
Risk-free rate		0.5	%		0.5	%
Dividend yield		0.0	%		0.0	%

Schedule of changes in the fair value of warrant liabilities

Derivative warrant liabilities at June 30, 2020	$	-
Issuance of Public and Private Warrants, Level 3 measurements		7,595,400
Change in fair value of derivative warrant liabilities, Level 3		(184,000	)
Derivative warrant liabilities - Level 3, at December 31, 2020	$	7,411,400