XML 30 R19.htm IDEA: XBRL DOCUMENT

Fair Value Measurements - (Tables)

12 Months Ended

Dec. 31, 2022

Summary Of Assets And Liabilities That Are Measured At Fair Value

The following table presents information about the Company’s assets and liabilities that are measured at fair value at December 31, 2022 and 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:


Description:	Level		December 31, 2022		Level		December 31, 2021
Assets:
Investments held in Trust Account		1	$	171,442,865		1	$	169,006,966
Liabilities:
Note payable - Sponsor		3	$	35,152		3	$	—
Warrant liability - Private Placement Warrants		2	$	319,000		2	$	5,614,400
Warrant liability - Public Warrants		1	$	422,500		1	$	7,436,000

Summary Of Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Technique

Schedule of Fair Value of Assets and Liabilities Valuation Techniques and Measurement Inputs


	December 31, 2022
Volatility		5.0	%
Risk-free interest rate		3.98 - 4.76	%
Expected life of convertible promissory note		0.55 - 5.55 years
Dividend yield		0	%
Probability of business combination		5.0	%

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details