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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2022
FAIR VALUE MEASUREMENTS  
Schedule of company's assets and liabilities that are measured at fair value on a recurring basis

    

    

September 30, 

    

December 31, 

Description

    

Level

    

2022

    

Level

    

2021

Assets:

 

  

 

  

  

Money Market Funds

 

1

9,573,549

1

$

278,835,182

Liabilities:

 

  

 

  

  

Warrant liabilities – public warrants

1

$

414,000

1

$

6,461,798

Warrant liabilities – private placement warrants

 

2

$

308,400

2

$

4,813,571

Schedule of change in the fair value of the Level 3 warrant liabilities

    

Private Placement

    

Public

    

Warrant Liabilities

Fair value as of December 31, 2020

$

9,354,800

$

12,558,000

$

21,912,800

Change in fair value

 

(2,672,800)

 

(3,588,000)

 

(6,260,800)

Transfer to Level 1

 

 

(8,970,000)

 

(8,970,000)

Transfer to Level 2

 

(6,682,000)

 

 

(6,682,000)

Fair value as of March 31, 2021

$

$

$

Fair value as of June 30, 2021

$

$

$

Fair value as of September 30, 2021

$

$

$