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FAIR VALUE MEASUREMENTS (Tables)
8 Months Ended
Sep. 30, 2021
FAIR VALUE MEASUREMENTS  
Schedule of fair value assets and liabilities measured on recurring basis

Description

 

Level

 

 

September 30, 2021

 

Assets:

 

 

 

 

 

 

Marketable securities held in Trust Account

 

 

1

 

 

$106,114,011

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

Warrant Liability – Public Warrants

 

 

3

 

 

 

2,889,151

 

Warrant Liability – Private Warrants

 

 

3

 

 

 

2,145,892

 

Schedule of changes in the fair value of warrant liabilities

 

 

Private Placement

 

 

Public

 

 

Warrant Liabilities

 

Fair value as of January 1, 2021

 

$

 

 

$

 

 

$

 

Initial measurement on March 19, 2021

 

 

3,610,000

 

 

 

4,700,000

 

 

 

8,310,000

 

Change in valuation inputs or other assumptions

 

 

(1,464,108)

 

 

(1,810,849)

 

 

(3,274,957)

Fair value as of September 30, 2021

 

 

2,145,892

 

 

 

2,889,151

 

 

 

6,776,000