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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Measurements  
Schedule of Company's assets that are measured at fair value on a recurring basis

Fair Value Measured as of March 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

Investments held in Trust Account - U.S. Treasury securities

 

$

287,503,601

$

 

$

$

287,503,601

Liabilities:

Warrant liabilities - public warrants

8,529,167

8,529,167

Warrant liabilities - private warrants

226,850

226,850

Total fair value

$

287,503,601

$

$

8,756,017

$

296,259,618

Schedule of change in the fair value of the warrant liabilities

Warrant liabilities at January 1, 2021

$

Issuance of public and private warrants

 

11,407,475

Change in fair value of warrant liabilibites

(2,651,458)

Warrant liabilities at March 31, 2021

$

8,756,017

Schedule of quantitative information regarding Level 3 fair value measurements inputs

    

March 31, 2021

    

January 14, 2021

Exercise price

$

11.50

$

11.50

Stock Price

$

9.69

$

10.00

Term (in years)

5.00

 

5.00

Volatility

15.70

%

18.00

%

Risk-free interest rate

1.06

%

 

0.82

%

Dividend yield