Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Summary of assets measured at fair value on a recurring basis

	December 31, 2021		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Description
Assets:
Cash and marketable securities held in Trust Account	$	330,082,791	$	330,082,791
Liabilities:
Warrant liabilities – Public Warrants		4,750,680		4,750,680		—		—
Warrant liabilities – Private Placement Warrants		4,274,200		—		—		4,274,200
	$	9,024,880	$	4,750,680	$	—	$	4,274,200

Summary of fair value measurement inputs and valuation techniques

The following table provides quantitative information regarding Level 3 fair value measurements:

	At March 12, 2021 (Initial Measurement) Public Warrants			At March 12, 2021 (Initial Measurement) Private Placement Warrants
Share price	$	9.70		$	9.70
Strike price	$	11.50		$	11.50
Term (in years)		5.0			5.0
Volatility		24.0	%		24.0	%
Risk-free rate		0.98	%		0.98	%
Dividend yield		0.0	%		0.0	%
Redemption trigger price	$	18.00			N/A

	At December 31, 2021 Private Placement Warrants
Share price	$	9.71
Strike price	$	11.50
Term (in years)		4.25
Volatility		14.0	%
Risk-free rate		1.4	%
Dividend yield		0	%
Redemption trigger price		N/A

Schedule of reconciliation of changes in fair value liability of warrants classified to level 3

The following table provides a reconciliation of changes in fair value liability of the beginning and ending balances for the Company’s Warrants classified as Level 3:

Fair value as of December 31, 2020	$	—
Initial measurement on March 12, 2021		17,421,333
Public Warrant reclassified to level 1(1)		(8,844,000	)
Change in fair value		(4,303,133	)
Fair value as of December 31, 2021	$	4,274,200

(1) Assumes the Public Warrants were reclassified on March 31, 2021.

Summary of fair value of the derivative warrant liabilities

The following table presents the changes in the fair value of Warrant liabilities:

	Public			Private Placement			Warrant Liabilities
Fair value as of November 24, 2020	$	—		$	—		$	—
Fair value as of December 31, 2020	$	—		$	—		$	—
Initial measurement on March 12, 2021		9,108,000			8,313,333			17,421,333
Change in valuation inputs or other assumptions		(4,357,320	)		(4,039,133	)		(8,396,453	)
Fair value as of December 31, 2021	$	4,750,680		$	4,274,200		$	9,024,880