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Fair Value Measurements (Tables)
5 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of gross holding gains and fair value held-to-maturity securities

Held-To-Maturity Securities

 

Carrying Value at
December 31,
2020

(Amortized Cost)

  

Gross Unrealized

Holding Gain

  

Fair Value - Quoted Prices in Active Markets

(Level 1)

 
U.S. Treasury Bills (mature on February 18, 2021)  $115,019,335   $4,462   $115,024,797 
Schedule of warrant liabilities that are measured at fair value on a recurring basis
   December 31,   Quoted
Prices In
Active
Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
   2020   (Level 1)   (Level 2)   (Level 3) 
Warrant Liabilities – Public Warrants  $5,443,335   $-   $-   $5,443,335 
Warrant Liabilities – Private Warrants  $3,597,335   $-   $-   $3,597,335 
Schedule of quantitative information regarding Level 3 fair value measurements
   At
October 19,
2020
(Initial Measurement)
  

As of
December 31,
2020

 
Stock price  $--   $10.15 
Strike price  $11.50   $11.50 
Term (in years)   5.0    5.0 
Volatility   16.3%   21.2%
Risk-free rate   0.34%   0.34%
Dividend yield   0.0%   0.0%
Probability of completing a Business Combination   70.0%   70.0%
Schedule of changes in fair value of warrant liabilities
   Public   Private
Placement
  

Total

Warrant
Liabilities

 
Fair value as of August 11, 2020 (inception)  $   $   $ 
Initial measurement on October 19, 2020   3,105,000    2,052,000    5,157,000 
Change in fair value recognized in earnings   2,338,335    1,545,335    3,883,670 
Fair value as of December 31, 2020  $5,443,335   $3,597,335   $9,040,670