Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of fair value hierarchy of the valuation techniques

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total
Assets:
Assets held in Trust Account U.S. Treasury Securities	$	230,000,000	$	-	$	-	$	230,000,000
Liabilities:
Warrant liability	$	10,809,999	$	234,999	$	-	$	11,044,998

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)		Total
Assets:
Assets held in Trust Account U.S. Treasury Securities	$	230,000,819	$	-	$	-	$	230,000,819
Liabilities:
Warrant liability	$	-	$	-	$	12,061,764	$	12,061,764

Schedule of provides quantitative information regarding Level 3 fair value measurements

	December 31, 2020
Risk-free interest rate		0.5	%
Expected term (years)		5
Expected volatility		17.5	%
Exercise price	$	11.50
Stock price	$	10.73
Dividend yield		0.0	%

Schedule of changes in the fair value of warrant liabilities

	Private Placement			Public			Warrant Liability
Fair value as of December 31, 2020	$	256,632		$	11,805,132		$	12,061,764
Change in valuation inputs or other assumptions(1)		(21,633	)		(995,133	)		1,016,767
Fair value as of March 31, 2021	$	234,999		$	10,809,999		$	11,044,998

(1)	Changes in valuation inputs or other assumptions are recognized in change in fair value of warrant liability in the statement of operations.​
(2)	Due to the use of quoted prices in an active market (Level 1) and the use of observable inputs for similar assets or liabilities (Level 2) for Public Warrants and Private Placement Warrants, respectively, subsequent to initial measurement, the Company had transfers out of Level 3 totaling $11.0 million during the three months ended March 31, 2021.