Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Measurements

Schedule of company's assets that are measured at fair value on a recurring basis

	Fair Value Measured as of September 30, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Investments held in Trust Account - Money Market Funds	$	346,615,567	$	—	$	—	$	346,615,567
Liabilities:
Derivative public warrant liabilities	$	2,070,000	$	—	$	—	$	2,070,000
Derivative private warrant liabilities	$	—	$	—	$	1,424,000	$	1,424,000

	Fair Value Measured as of December 31, 2021
	Level 1		Level 2		Level 3		Total
Assets:
Investments held in Trust Account - Money Market Funds	$	345,020,717	$	—	$	—	$	345,020,717
Liabilities:
Derivative public warrant liabilities	$	5,175,000	$	—	$	—	$	5,175,000
Derivative private warrant liabilities	$	—	$	—	$	3,619,330	$	3,619,330

Schedule of quantitative information regarding Level 3 fair value measurements inputs

	As of September 30, 2022			As of December 31, 2021
Exercise price	$	11.50		$	11.50
Stock Price	$	9.85		$	9.74
Option term (in years)		5.09			4.82
Volatility		40	%		12	%
Risk-free interest rate		4.1	%		1.3	%

Schedule of change in the fair value of the warrant liabilities

Derivative warrant liabilities at December 31, 2020 - Level 3	$	—
Issuance of Derivative Warrants - Level 3		13,161,830
Transfer of Public Warrants to Level 1		(7,762,500)
Change in fair value of derivative warrant liabilities - Level 3		(1,661,330)
Derivative warrant liabilities at March 31, 2021 - Level 3	$	3,738,000
Change in fair value of derivative warrant liabilities - Level 3		2,848,000
Derivative warrant liabilities at June 30, 2021 - Level 3	$	6,586,000
Change in fair value of derivative warrant liabilities - Level 3		(2,788,670)
Derivative warrant liabilities at September 30, 2021 - Level 3	$	3,797,330

Derivative warrant liabilities at December 31, 2021 - Level 3	$	3,619,330
Change in fair value of derivative warrant liabilities - Level 3		(1,542,660)
Derivative warrant liabilities at March 31, 2022 - Level 3		2,076,670
Change in fair value of derivative warrant liabilities - Level 3		(1,483,340)
Derivative warrant liabilities at June 30, 2022 - Level 3		593,330
Change in fair value of derivative warrant liabilities - Level 3		830,670
Derivative warrant liabilities at September 30, 2022 - Level 3	$	1,424,000