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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2021
FAIR VALUE MEASUREMENTS  
Schedule of company's assets that are measured at fair value on a recurring basis

    

    

March 31, 

Description

Level

 

2021

Assets:

 

  

 

  

Investments held in Trust Account - U.S. Treasury Securities Money Market Fund

 

1

$

287,501,184

Liabilities:

 

  

 

Warrant Liability - Public Warrants

3

6,900,000

Warrant Liability - Private Placement Warrants

 

3

3,720,000

Schedule of changes in the fair value of warrant liabilities

    

Private 

    

    

Warrant

Placement

Public

Liabilities

Fair value as of January 1, 2021

$

$

$

Initial measurement on March 4, 2021 (including over-allotment)

 

4,495,001

 

8,241,666

 

12,736,667

Change in fair value of warrants

$

(775,001)

$

(1,341,666)

$

(2,116,667)

Fair value as of March 31, 2021

$

3,720,000

$

6,900,000

$

10,620,000