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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of information about the company’s financial assets and liabilities that are measured at fair value on a recurring basis
    Fair Value Measured as of June 30, 2021  
    Level 1     Level 2     Level 3  
Assets:                  
Investments held in Trust Account   $ 375,029,850     $
-
    $
-
 
Liabilities:                        
Derivative warrant liabilities Public Warrants   $ 23,125,000     $
-
    $
-
 
Derivative warrant liabilities Private Warrants   $
-
    $
-
    $ 11,716,670  

 

December 31, 2020            
   Fair Value Measured as of December 31, 2020 
   Level 1   Level 2   Level 3 
Assets:            
Investments held in Trust Account  $375,007,974   $
-
   $
-
 
Liabilities:               
Derivative warrant liabilities Public Warrants  $18,683,920   $
-
   $
-
 
Derivative warrant liabilities Private Warrants  $-   $
-
   $9,816,670 

 

Schedule of quantitative information regarding Level 3 fair value measurements inputs at their measurement dates
   As of June 30,
2021
   As of March 31,
2021
 
Exercise price  $11.50   $11.50 
Stock Price  $9.94   $9.92 
Option term (in years)   5.09    5.34 
Volatility   26.00%   29.10%
Risk-free interest rate   0.88%   1.00%

 

Schedule of change in the fair value of the derivative warrant liabilities
Warrant liabilities at January 1, 2021   $ 9,816,668  
Change in fair value of derivative warrant liabilities     2,913,334  
Derivative warrant liabilities at March 31, 2021   $ 12,730,001  
Change in fair value of derivative warrant liabilities     (1,013,331 )
Derivative warrant liabilities at June 30, 2021   $ 11,716,670