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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

    

    

Quoted Prices in

    

Significant Other

Significant Other

Carrying

Active Markets

Observable Inputs

Unobservable Inputs

Value

(Level 1)

(Level 2)

(Level 3)

Assets:

Investments held in Trust Account –

 

  

  

 

  

  

U.S. Treasury Bills

0

$

276,000,000

$

$

Liabilities:

Private Warrants

8,092,670

Public Warrants

1

10,889,321

Schedule of quantitative information regarding Level 3 fair value measurements inputs

March 9, 2021 (Initial

Input

    

Measurement)

    

March 31, 2021

Risk-free interest rate

1.09

%

1.22

%

Expected term (years)

6.31

6.25

Expected volatility

24.3

%

24.4

%

Exercise price

$

11.50

$

11.50

Schedule of change in the fair value of the warrant liabilities

Fair value at issuance March 9 2021

    

$

18,322,046

Change in fair value

 

659,945

Fair Value at March 31, 2021

$

18,981,991