Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy

September 30, 2021
	Quoted Prices in Active		Significant Other Observable		Significant Other Unobservable
	Markets		Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)
Assets:
Investments held in Trust Account - U.S. Treasury Securities	$	116,778,424	$	-	$	-
Liabilities:
Derivative warrant liabilities - Public	$	2,898,000	$	-	$	-
Derivative warrant liabilities - Private	$	-	$	-	$	2,911,680
June 30, 2021
	Quoted Prices in Active		Significant Other Observable		Significant Other  Unobservable
	Markets		Inputs		Inputs
Description	(Level 1)		(Level 2)		(Level 3)
Assets:
Investments held in Trust Account - U.S. Treasury Securities	$	116,760,907	$	-	$	-
Liabilities:
Derivative warrant liabilities - Public	$	3,507,500	$	-	$	-
Derivative warrant liabilities - Private	$	-	$	-	$	3,635,450

Schedule of provides quantitative information regarding Level 3 fair value measurements inputs at their measurement

	As of June 30, 2021			As of September 30, 2021
Volatility		13	%		10.8	%
Stock price	$	9.93		$	9.98
Probability of Business Combination		80	%		80	%
Expected life of the options to convert		5.46			5.46
Risk-free rate		0.9	%		1.05	%
Dividend yield		0.0	%		0.0	%

Schedule of fair value of the derivative warrant liabilities

Derivative warrant liabilities - Level 3, at June 30, 2021 - Level 3	$	3,635,450
Change in fair value of derivative warrant liabilities, Level 3		(723,770	)
Derivative warrant liabilities - Level 3, at September 30, 2021 - Level 3	$	2,911,680