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Fair Value Measurements (Tables)
11 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques
Description  Quoted Prices in Active
Markets
(Level 1)
   Significant Other
Observable Inputs
(Level 2)
   Significant Other
Unobservable Inputs
(Level 3)
 
Assets:            
Investments held in Trust Account - U.S. Treasury Securities  $168,530,964   $
         -
   $
-
 
                
Liabilities:               
Derivative warrant liabilities - Public Warrants  $3,875,025   $
-
   $
-
 
Derivative warrant liabilities - Private Warrants  $
-
   $
-
   $3,499,211 

 

Schedule of quantitative information regarding Level 3 fair value measurements
   At initial
issuance date
   As of December 31,
2021
 
Exercise price  $11.50   $11.50 
Stock price  $9.61 - $9.86   $9.73 
Volatility   10.0% - 20.0%   5% - 15.2%
Term (years)   6.00 - 5.97    5.78 
Risk-free rate   0.84% - 0.94%   1.33%
Dividend yield   0.0%   0.0%

 

Schedule of fair value of the derivative liabilities, measured using Level 3 inputs
Derivative liabilities at February 5, 2021 (inception)  $
-
 
Issuance of Public and Private Warrants   7,260,515 
Over-allotment option   95,175 
Transfer of Public Warrants to Level 1   (3,827,481)
Exercise of over-allotment option   (78,323)
Gain from expiration of over-allotment option   (16,852)
Change in fair value of derivative warrant liabilities   66,177 
Derivative liabilities at December 31, 2021  $3,499,211