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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2022
FAIR VALUE MEASUREMENTS  
Schedule of company's assets and liabilities that are measured at fair value on a recurring basis

September 30, 2022

    

Quoted Prices in

    

Significant Other

Significant Other

Active Markets

Observable Inputs

Unobservable Inputs

Description

(Level 1)

(Level 2)

    

(Level 3)

Assets:

Investments held in Trust Account - U.S. Treasury Securities

 

$

231,296,575

 

$

$

Liabilities:

Derivative warrant liabilities - public warrants

$

$

460,000

$

Derivative warrant liabilities - private warrants

$

$

13,200

$

December 31, 2021

    

Quoted Prices in

    

Significant Other

Significant Other

Active Markets

Observable Inputs

Unobservable Inputs

Description

(Level 1)

(Level 2)

    

(Level 3)

Assets:

Investments held in Trust Account - U.S. Treasury Securities

 

$

230,011,224

 

$

 

$

Liabilities:

Derivative warrant liabilities - public warrants

 

$

4,986,400

 

$

 

$

Derivative warrant liabilities - private warrants

 

$

 

$

143,090

 

$

Schedule of change in the fair value of the warrant liabilities

Derivative warrant liabilities beginning of the period

    

$

Issuance of Public and Private Warrants

 

8,320,600

Transfer of Public Warrants to a Level 1 measurement

 

(8,050,000)

Change in fair value of derivative warrant liabilities

 

(26,400)

Derivative warrant liabilities at March 31, 2021

244,200

Change in fair value of derivative warrant liabilities

37,950

Derivative warrant liabilities at June 30, 2021

 

282,150

Change in fair value of derivative warrant liabilities

 

(72,600)

Derivative warrant liabilities at September 30, 2021

$

209,550