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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis
The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
 
    
Description
    
Level
    
December 31,
2021
 
Assets:
                          
Marketable securities held in Trust Account
              1      $ 301,518,928  
Liabilities:
                          
Warrant liabilities – Private Placement Warrants
              3      $ 250,250  
Summary of Fair Value Measurements Inputs
The following table provides quantitative information regarding Level 3 fair value measurements:
 
    
October 5, 2021

(Initial
Measurement)
 
Stock price
   $ 10.00  
Exercise price
   $ 11.50  
Expected term (in years)
     5.99  
Volatility
     15.9
Risk-free rate
     1.14
Dividend yield
     0.0
 
    
December 31,
2021
 
Stock price
   $ 9.77  
Exercise price
   $ 11.50  
Term (years)
     5.75  
Volatility
     10.2
Risk-free rate
     1.32
Dividend yield
     0.0
Summary of Change in the Fair Value of Warrant Liabilities
The following table presents the changes in the fair value of Level 3 warrant liabilities:
 
    
Warrant
Liabilities
 
Fair value as of December 10, 2020 (inception)
   $ —    
Initial measurement on October 5, 2021
     509,600  
Change in fair value
     (259,350
    
 
 
 
Fair value as of December 31, 2021
   $ 250,250