Derivative Liability (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Liabilities [Abstract]

Schedule of Assumptions for Valuation of Warrants

The assumptions for the valuation of the warrants were:

	As of December 31, 2021	As of January 28, 2021
Class A Common stock price	$10.04	$9.90
Term in years	5.07	6.00
Risk free rate	1.27%	0.58%
Implied Volatility	11.6%	12.1%

Schedule of Fair Value of Warrant Liability

The fair value of the warrant liability is classified within Level 3 of the fair value hierarchy.

	As of December 31, 2021	As of January 28, 2021
Public Warrants	$   4,450,500	$   5,175,000
Private Placement Warrants	2,480,240	2,941,680
	$  6,930,740	$  8,116,680