Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

March 31, 2021

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	$	345,008,758	$	-	$	-
Liabilities
Derivative warrant liabilities - Public Warrants	$	16,790,000	$	-	$	-
Derivative warrant liabilities - Private Warrants	$	-	$	8,662,670	$	-

December 31, 2020

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	$	345,003,572	$	-	$	-
Liabilities
Derivative warrant liabilities - Public Warrants	$	28,635,000	$	-	$	-
Derivative warrant liabilities - Private Warrants	$	-	$	14,774,000	$	-

Summary of Fair Value of Derivative Warrant Liabilities

The change in the fair value of the warrant liabilities for the three months ended March 31, 2021 is summarized as follows:

Warrant liabilities at December 31, 2020	$	43,409,000
Change in fair value of warrant liabilities		(17,956,330	)
Warrant liabilities at December 31, 2020	$	25,452,670