XML 36 R23.htm IDEA: XBRL DOCUMENT
v3.21.2

FAIR VALUE MEASUREMENTS (Tables) | 4 Months Ended
--- | ---
Dec. 31, 2020
FAIR VALUE MEASUREMENTS (Restated) |
Schedule of company's assets that are measured at fair value on a recurring basis |
|  |  |  | December 31,
Description |  | Level |  | 2020
Assets: |  |  |  |  |
Marketable securities held in Trust Account |  | 1 |  | $ | 236,214,150
Liabilities: |  |  |  |  |
Warrant Liability – Public Warrants |  | 1 |  |  | 14,125,160
Warrant Liability – Private Placement Warrants |  | 3 |  |  | 13,330,002
Schedule of significant inputs to the Monte Carlo Simulation for the fair value |
|  | November 5, 2020 |  | December 31, |
|  | (Initial |  | 2020 (Subsequent |
Input |  | Measurement) |  | Measurement) |
Risk-free interest rate |  |  | 0.36 |  |  | 0.37 | %
Expected term (years) |  |  | 5 |  |  | 5.05 |
Expected volatility |  |  | 20.0 |  |  | 18.5 | %
Exercise price |  | $ | 11.50 |  | $ | 11.50 |
Fair value of Units |  | $ | 10.00 |  |  | 10.11 |
Schedule of changes in the fair value of warrant liabilities |
|  | Private Placement |  | Public |  | Warrant Liabilities
Fair value as of August 21, 2020 |  | $ | — |  | $ | — |  | $ | —
Initial measurement on November 5, 2020 |  |  | 11,487,644 |  |  | 12,156,000 |  |  | 23,156,900
Change in valuation inputs or other assumptions |  |  | 1,842,358 |  |  | 1,968,260 |  |  | 3,810,618
Fair value as of December 31, 2020 |  | $ | 13,330,002 |  | $ | 14,125,160 |  | $ | 27,455,162

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration