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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule Of Fair Value Measurement Of Assets And Liabilities Based On Hierarchy
The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
DescriptionLevelDecember 31, 2021
Assets:
Investments held in the Trust Account$155,258,024 
Liabilities:
Warrant liability—Public Warrants$3,482,017 
Warrant liability—Private Placement Warrants$6,389,052 
Schedule Of Assumptions Used In Estimating The Fair Value Of Warrants
The following table provides quantitative information regarding Level 3 fair value measurements:
As of December 31, 2021
Stock price$9.32
Strike price$11.50
Term (in years)5.0
Volatility40.00 %
Risk-free rate1.31 %
Dividend yield0.00 %
Summary of changes in the fair value of warrant liabilities
The following table presents the changes in the fair value of Level 3 warrant liabilities:
Private
Placement Warrants
Public WarrantsWarrant Liabilities
Fair value as of March 8, 2021$6,091,858 $3,326,894 $9,418,752 
Change in valuation inputs or other assumptions297,194 962,175 1,259,369 
Fair value of Warrants transferred out of Level 3— (4,289,069)(4,289,069)
Fair value of Level 3 warrant liabilities as of December 31, 2021$6,389,052 $— $6,389,052