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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of assets that are measured at fair value on a recurring basis
      December 31, 
   Level  2021 
Assets:       
Marketable securities held in Trust Account  1  $ 230,021,238 
         
Liabilities:        
Warrant liability – Public Warrants  1  $7,585,400 
Warrant liability – Private Placement Warrants  3  $10,920,000 

 

Schedule of binomial lattice model for warrants
   January 28,
2021
(Initial Measurement)
   December 31,
2021
 
Input  Public Warrants   Private Warrants   Private
 Warrants
 
Market price of public shares  $9.61   $9.61    9.84 
Risk-free rate   1.00%   1.00%   1.23%
Dividend yield   0.00%   0.00%   0.00%
Exercise price  $11.50   $11.50    11.50 
Effective expiration date   6/12/26    6/12/26    10/29/26 
One-touch hurdle  $18.13    
 
    
 
 

 

Schedule of changes in the fair value of level 3 warrant liabilities
   Private Placement   Public   Warrant Liabilities 
Initial measurement on January 28, 2021  $4,740,000   $8,970,000   $13,710,000 
Change in fair value   6,180,000    (2,070,000)   4,110,000 
Transfer to Level 1   
    (6,900,000)   (6,900,000)
Fair value as of December 31, 2021  $10,920,000   $
   $10,920,000