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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Measurements  
Schedule of Company's assets that are measured at fair value on a recurring basis

Fair Value Measured as of June 30, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

Investments held in Trust Account - U.S. Treasury securities

 

$

287,507,970

$

 

$

$

287,507,970

Liabilities:

Warrant liabilities - public warrants

$

11,979,167

$

$

$

11,979,167

Warrant liabilities - private warrants

$

$

$

344,867

$

344,867

Schedule of change in the fair value of the Level 3 warrant liabilities

Warrant liabilities at January 1, 2021

$

Issuance of public and private warrants

 

11,407,475

Public warrants transfer to Level 1

(11,116,667)

Change in fair value of warrant liabilities

(63,958)

Warrant liabilities at March 31, 2021

226,850

Change in fair value of warrant liabilities

118,017

Warrant liabilities at June 30, 2021

$

344,867

Schedule of quantitative information regarding Level 3 fair value measurements inputs

    

June 30, 2021

    

March 31, 2021

    

January 14, 2021

Exercise price

$

11.50

$

11.50

$

11.50

Stock Price

$

9.86

$

9.69

$

10.00

Term (in years)

5.33

5.00

 

5.00

Volatility

19.50

%

15.70

%

18.00

%

Risk-free interest rate

0.93

%

1.06

%

 

0.82

%

Dividend yield