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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of assets are measured at fair value on a recurring basis
Description  Level   June 30,
2021
   December 31,
2020
 
Assets:            
Marketable securities held in Trust Account  1   $130,240,715   $130,681,047 
               
Liabilities:              
Warrant Liability – Private Placement Warrants  3   $4,779,876   $3,950,311 

 

Schedule of quantitative information regarding Level 3 fair value measurements
   June 30,
2021
   December 31,
2020
 
Exercise price  $11.50   $11.50 
Stock price  $9.95   $10.20 
Volatility   20.8%   17.2%
Term   5.00    5.00 
Risk-free rate   .70%   0.29%
Dividend yield   0.0%   0.0%

 

Schedule of changes in fair value of warrant liabilities
   Private Placement 
Fair value as of December 31, 2020  $3,950,311 
Change in fair value   711,056 
Fair value as of March 31, 2021   4,661,367 
Change in fair value   118,509 
Fair value as of June 30, 2021  $4,779,876