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RECURRING FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2022
RECURRING FAIR VALUE MEASUREMENTS  
Summary of gross unrealized holding loss and fair value of held-to-maturity securities

The following table presents information about the Company’s gross holding gains and fair value of held-to-maturity securities at March 31, 2022 and December 31, 2021:

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Gross

    

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​

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​

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Amortized 

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 Holding 

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​

​

​

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Held-To-Maturity

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Level

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Cost

​

Gain (Loss)

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Fair Value

March 31, 2022

 

U.S. Treasury Bill (Matures on 07/07/2022)

 

1

​

$

276,127,409

​

$

(278,484)

​

$

275,848,925

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​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2021

 

U.S. Treasury Bill (Matures on 01/06/2022)

 

1

​

$

276,079,634

​

$

1,274

​

$

276,080,908

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Schedule of Company's financial assets and liabilities that were accounted for at fair value on a recurring basis

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Level 1

    

Level 2

    

Level 3

Liabilities:

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​

​

​

​

​

​

​

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Private Placement Warrants

 

$

—

 

$

—

 

$

1,591,920

Public Warrants

 

$

2,760,000

 

$

—

 

$

—

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Level 1

    

Level 2

    

Level 3

Liabilities:

​

​

​

​

​

​

​

​

​

Private Placement Warrants

​

$

—

​

$

—

​

$

2,692,800

Public Warrants

​

$

4,692,000

​

$

—

​

$

—

Schedule of key inputs

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December 31,

​

March 31,

​

Input

    

2021

    

2022

    

Risk-free interest rate

​

​

1.26

%

​

2.41

%

Expected term (years)

​

​

5.0

​

​

5.78

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Expected volatility

​

​

10.50

%

​

4.8

%

Dividend rate

​

​

0.0

%

​

0.0

%

Exercise price

​

$

11.50

​

$

11.50

​