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Fair Value Measurements (Tables) | 5 Months Ended | 9 Months Ended
--- | --- | ---
Dec. 31, 2020 | Sep. 30, 2021
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, 2020 |  | Quoted Prices In Active Markets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Other Unobservable Input (Level 3)
Warrant Liabilities – Public Warrants |  | $ | 5,443,335 |  | $ | — |  | $ | — |  | $ | 5,443,335
Warrant Liabilities – Private Warrants |  | $ | 3,597,335 |  | $ | — |  | $ | — |  | $ | 3,597,335
|  | Fair Value Measured as of September 30, 2021
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Investments held in Trust Account – money market fund holding solely U.S. Treasury Securities |  | $ | 115,000,482 |  | $ | — |  | $ | — |  | $ | 115,000,482
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Public Warrant liabilities |  | $ | 5,175,000 |  | $ | — |  | $ | — |  | $ | 5,175,000
Private Placement Warrant liabilities |  |  | — |  |  | 3,420,000 |  |  | — |  |  | 3,420,000
Total Warrant liabilities |  | $ | 5,175,000 |  | $ | 3,420,000 |  | $ | — |  | $ | 8,595,000
|  | Fair Value Measured as of December 31, 2020
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Investments held in Trust Account – U.S. Treasury Securities |  | $ | 115,020,078 |  | $ | — |  | $ | — |  | $ | 115,020,078
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Public Warrant liabilities |  | $ | — |  | $ | — |  | $ | 5,443,335 |  | $ | 5,443,335
Private Placement Warrant liabilities |  |  | — |  |  | — |  |  | 3,597,335 |  |  | 3,597,335
Total Warrant liabilities |  | $ | — |  | $ | — |  | $ | 9,040,670 |  | $ | 9,040,670
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
|  | Public Warrants |  | Private Placement Warrants |  | Total Warrant Liabilities
Fair value as of December 31, 2020 |  | $ | 5,443,335 |  |  | $ | 3,597,335 |  |  | $ | 9,040,670 |
Transfers to Levels 1 and 2 |  |  | (5,443,335 | ) |  |  | (3,597,335 | ) |  |  | (9,040,670 | )
Fair value as of September 30, 2021 |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + 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=123874694&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=123874694&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=123874694&loc=SL7498348-110258 Reference 4: 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=123874694&loc=d3e19207-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- 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=123874694&loc=d3e19207-110258 + Details
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- 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=123874694&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=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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