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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities
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 - Money Market Fund  $862,549,773   $
-
   $
-
 
Liabilities:               
Derivative warrant liabilities - public warrants  $18,975,000   $
-
   $
-
 
Derivative warrant liabilities - private warrants  $
-
   $11,293,330   $
-
 
Promissory note – related party  $
-
   $
-
   $1,392,950 

 

Schedule of fair value promissory note related party measurements
   April 13,
2021
   June 7,
2021
   December 31,
2021
 
Volatility   63.6%   64.6%   67.2%
Stock price  $1.61   $1.22   $0.88 
Expected life of the options to convert   1.32    1.17    0.61 
Risk-free rate   0.09%   0.07%   0.23%
Dividend yield   0.0%   0.0%   0.0%

 

Schedule of change in the fair value of the derivative warrant liabilities
Derivative warrant liabilities at January 1, 2021  $
-
 
Issuance of Public and Private Warrants   39,511,970 
Transfer of Public Warrants to a Level 1 measurement   (24,753,640)
Change in fair value of derivative warrant liabilities   5,390,000 
Transfer of Private Warrants to a Level 2 measurement   (20,148,330)
Derivative warrant liabilities at December 31, 2021  $
-
 

 

Schedule of fair value of the promissory note related party
Fair Value at January 1, 2021  $
-
 
Initial fair value of Promissory Note- related party - second quarter   1,537,020 
Change in fair value of Promissory Note - related party   (144,070)
Fair Value of Promissory Note - related party, December 31, 2021  $1,392,950