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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of measured at fair value on a recurring basis
   June 30,
2022
   Quoted
Prices In
Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Description                
Assets:                
Mutual Funds held in trust account  $345,392,350   $345,392,350   $
               —
   $
       —
 
Liabilities:                    
Warrant liabilities   1,454,108    948,750    
    505,358 
   $346,846,458   $346,341,100   $
   $505,358 

 

   December 31,
2021
   Quoted
Prices In
Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Description                
Assets:                
Mutual Funds held in trust account  $345,018,988   $345,018,988   $
               —
   $
 
Liabilities:                    
Warrant liabilities   9,089,893    5,863,850    
    3,226,043 
   $354,108,881   $350,882,838   $
   $3,226,043 

  

Schedule of level 3 fair value measurements
  

At

June 30,

2022

  

At

December 31,
2021

 
Stock price  $9.78   $9.73 
Strike price  $11.50   $11.50 
Term (in years)   5.67    5.91 
Volatility   7.1%   9.5%
Risk-free rate   3.02%   1.34%
Dividend yield   0%   0%

 

Schedule of changes in the fair value of assets and liabilities
   Warrant 
   Liability 
Fair value at January 1, 2022  $3,226,043 
Change in fair value   (1,848,252)
Fair value at March 31, 2022   1,377,791 
Change in fair value   (872,433)
Fair value at June 30, 2022  $505,358 

 

   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