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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of measured at fair value on a recurring basis
   June 30,   Quoted
Prices In
Active
Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
   2021   (Level 1)   (Level 2)   (Level 3) 
Description                    
Assets:                    
Mutual Funds held in Trust Account  $345,006,456   $345,006,456   $
       -
   $
-
 
Liabilities:                    
Warrant liabilities   14,952,702    9,312,700    
-
    5,640,002 
   $359,959,158   $354,319,156   $
-
   $5,640,002 

 

Schedule of level 3 fair value measurements
   At
June 30,
2021
 
Stock price   $9.71 
Strike price   $11.50 
Term (in years)    6.16 
Volatility    15.7%
Risk-free rate    1.07%
Dividend yield    0.0%

 

Schedule of changes in the fair value of warrant liabilities
   Warrant
Liability
 
Fair value at January 1, 2021  $
 
Initial value at IPO date   23,290,337 
Change in fair value   637,123 
Fair value at March 31, 2021   23,927,460 
Transfer of Public warrants from level 3 to level 1   (15,595,052)
Change in fair value   (2,692,406)
Fair Value at June 30, 2021  $5,640,002