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Fair Value Measurements (FY) (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Fair Value Disclosures [Abstract]    
Schedule of company's assets fair value
 
March 31,
2022
Quoted
Prices In
Active
Markets
Significant
Other
Observable
Inputs
Significant
Other
Unobservable
Inputs
 
(Level 1)
(Level 2)
(Level 3)
Description
 
 
 
 
Assets:
 
 
 
 
Marketable Securities held in Trust Account
$345,055,667
$345,055,667
$
$
Liabilities:
 
 
 
 
Forward purchase agreement liabilities
(10,656,000)
(10,656,000)
Warrant liabilities
(16,795,333)
(11,040,000)
(5,755,333)

 
December 31,
2021
Quoted
Prices In
Active
Markets
Significant
Other
Observable
Inputs
Significant
Other
Unobservable
Inputs
 
(Level 1)
(Level 2)
(Level 3)
Description
 
 
 
 
Assets:
 
 
 
 
Marketable Securities held in Trust Account
$345,052,047
$345,052,047
$
$
Liabilities:
 
 
 
 
Forward purchase agreement liabilities
(13,320,000)
(13,320,000)
Warrant liabilities
(21,153,666)
(13,915,000)
(7,238,666)
 
December 31,
2021
Quoted
Prices In
Active
Markets
Significant
Other
Observable
Inputs
Significant
Other
Unobservable
Inputs
 
(Level 1)
(Level 2)
(Level 3)
Description
 
 
 
 
Assets:
 
 
 
 
Marketable Securities held in Trust Account
$345,052,047
$345,052,047
$
$
Liabilities:
 
 
 
 
Forward purchase agreement liabilities
(13,320,000)
(13,320,000)
Warrant liabilities
(21,153,666)
(13,915,000)
(7,238,666)
 
$310,578,381
$331,137,047
$
$(20,558,666)
Schedule of Level 3 fair value measurements

 
At
March 31,
2022
At
December 31,
2021
Share price
$10.00
$10.00
Strike price
$11.50
$11.50
Term (in years)
5.25
5.50
Volatility
12.0%
19.0%
Risk-free rate
2.42%
1.31%
Dividend yield
0.0%
0.0%

 
At
March 31,
2022
At
December 31,
2021
Share price
$10.00
$10.00
Strike price
$11.50
$11.50
Term (in years)
5.25
5.50
Volatility
11.8%
19.0%
Risk-free rate
2.42%
1.31%
Dividend yield
0.0%
0.0%
 
At December 31,
2021
Share price
$10.00
Strike price
$11.50
Term (in years)
5.50
Volatility
19.0%
Risk-free rate
1.31%
Dividend yield
0.0%
 
At December 31,
2021
Share price
$10.00
Strike price
$10.00
Term (in years)
5.50
Volatility
19.0%
Risk-free rate
1.31%
Dividend yield
0.0%
Schedule of changes in fair value of warrant liabilities

 
Public
Private
Placement
Warrant
Liabilities
Fair value as of December 31, 2021
$
$
$
Initial measurement on March 18, 2021
11,960,000
6,230,000
18,190,000
Change in fair value of warrant liabilities
1,955,000
1,008,666
2,963,666
Fair value as of December 31, 2021
$13,915,000
$ 7,238,666
$21,153,666
Change in fair value
(2,875,000)
(1,483,333)
(4,358,333)
Fair value as of March 31, 2022
$11,040,000
$5,755,333
$16,795,333
 
Public
Private
Placement
Warrant
Liabilities
Fair value as of December 31, 2020
$
$
$
Initial measurement on March 18, 2021
11,960,000
6,230,000
18,190,000
Change in fair value of warrant liabilities
1,955,000
1,008,666
2,963,666
Fair value as of December 31, 2021
$13,915,000
$7,238,666
$21,153,666
Schedule of change in the derivative liability forward purchase agreement

 
FPA
Liabilities
Derivative liability – forward purchase agreement at March 18, 2021
$11,655,000
Change in fair value of derivative liability – forward purchase agreement
1,665,000
Derivative liability – forward purchase agreement at December 31, 2021
$13,320,000
Change in fair value of derivative liability – forward purchase agreement
(2,664,000)
Derivative liability – forward purchase agreement at March 31, 2022
10,656,000
 
FPA
Liabilities
Derivative liability – forward purchase agreement at March 18, 2021
$11,655,000
Change in fair value of derivative liability – forward purchase agreement
1,665,000
Derivative liability – forward purchase agreement at December 31, 2021
$13,320,000