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

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Quoted Prices in

    

Significant Other

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Significant Other

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Carrying

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Active Markets

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Observable Inputs

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Unobservable Inputs

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Value

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(Level 1)

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(Level 2)

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(Level 3)

Assets:

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Investments held in Trust Account –

 

  

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U.S. Treasury Bills

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0

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$

276,000,000

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$

—

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$

—

Liabilities:

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Private Warrants

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—

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8,092,670

Public Warrants

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1

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—

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—

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10,889,321

Schedule of quantitative information regarding Level 3 fair value measurements inputs

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March 9, 2021 (Initial

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Input

    

Measurement)

    

March 31, 2021

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Risk-free interest rate

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1.09

%

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1.22

%

Expected term (years)

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6.31

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6.25

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Expected volatility

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24.3

%

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24.4

%

Exercise price

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$

11.50

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$

11.50

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Schedule of change in the fair value of the warrant liabilities

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Fair value at issuance March 9 2021

    

$

18,322,046

Change in fair value

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659,945

Fair Value at March 31, 2021

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$

18,981,991