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Fair Value Measurements (Tables) - 890 5TH AVENUE PARTNERS, INC.
9 Months Ended
Sep. 30, 2021
Schedule of Company's assets that are measured at fair value on a recurring basis

Fair Value Measured as of September 30, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

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

 

$

287,510,994

$

 

$

$

287,510,994

Liabilities:

Working capital loan - related party

$

$

$

1,000,000

$

1,000,000

Warrant liabilities - public warrants

$

11,883,333

$

$

$

11,883,333

Warrant liabilities - private warrants

$

$

$

331,109

$

331,109

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

Change in fair value of warrant liabilities

(13,758)

Warrant liabilities at September 30, 2021

$

331,109

Schedule of quantitative information regarding Level 3 fair value measurements inputs

    

September 30, 2021

    

January 14, 2021

Exercise price

$

11.50

$

11.50

Stock Price

$

9.91

$

10.00

Term (in years)

5.17

 

5.00

Volatility

18.90

%

18.00

%

Risk-free interest rate

1.01

%

 

0.82

%

Dividend yield