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Recurring Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Recurring Fair Value Measurements  
Summary of assets and liabilities that were measured at fair value on a recurring basis

The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of March 31, 2023 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value.

​

​

​

​

​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Level 3

Assets:

 

​

  

 

​

  

 

​

  

U.S. Money Market held in Trust Account

​

$

271,757,366

​

$

—

​

$

—

​

​

$

271,757,366

​

$

—

​

$

—

Liabilities:

​

 

​

​

 

  

​

 

  

Public Warrants

​

$

6,319,356

​

$

—

​

$

—

Private Placement Warrants

​

​

—

​

​

4,672,742

​

​

—

​

​

$

6,319,356

​

$

4,672,742

​

$

—

​

The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2022 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value.

​

​

​

​

​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Level 3

Assets:

​

​

​

​

​

​

​

​

​

U.S. Money Market held in Trust Account

​

$

268,908,716

​

$

—

​

$

—

​

​

$

268,908,716

​

$

—

​

$

—

Liabilities:

​

 

​

​

 

  

​

 

  

Public Warrants

​

$

4,335,166

​

$

—

​

$

—

Private Placement Warrants

​

​

—

​

​

3,107,467

​

​

—

​

​

$

4,335,167

​

$

3,107,467

​

$

—

​

Summary of reconciliation of changes in fair value liability of the beginning and ending balances for the Company's Warrants

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​

​

​

​

Fair value at December 31, 2021

    

$

3,265,830

Promissory note conversion

​

​

480,000

Change in fair value

​

 

(324,766)

Private Placement Warrants reclassified to level 2

​

​

(3,421,064)

Fair Value at December 31, 2022

​

$

—