Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2021 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Liabilities:
Derivative warrant liabilities - Public warrants	$	6,313,500	$	-	$	-
Derivative warrant liabilities - Private placement warrants		-		3,745,400		-
	$	6,313,500	$	3,745,400	$	-

Change in Fair Value of Level 3 Derivative Warrant Liabilities

The change in the fair value of the derivative warrant liabilities, measured using Level 3 inputs, for the year ended December 31, 2021 is summarized as follows:

Derivative warrant liabilities at December 31, 2020	$	-
Issuance of Public and Private Placement Warrants		15,972,500
Transfer of Public Warrants to  Level 1 measurement		(9,832,500	)
Transfer of Private Placement Warrants to  Level 2 measurement		(4,789,200	)
Change in fair value of derivative warrant liabilities		(1,350,800	)
Derivative warrant liabilities at December 31, 2021	$	-