Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2021
FAIR VALUE MEASUREMENTS  
Summary of assets measured at fair value on a recurring basis

    

  

    

June 30,

 

December 31,

Description

 

Level

 

2021

2020

Assets:

 

  

 

  

Marketable securities held in Trust Account

 

1

$

230,004,719

$

230,011,254

Liabilities

Warrant Liability – Public Warrants

1

10,925,000

12,995,000

Warrant Liability – Private Warrants

3

321,750

370,500

Key inputs for Private Placement Warrants

Input

    

June 30, 2021

    

December 31, 2020

Risk-free interest rate

 

0.94

%

0.51

%

Trading days per year

 

252

 

252

Expected volatility

 

16.0

%

15.8

%

Exercise price

$

11.50

$

11.50

Stock Price

$

9.87

$

10.08

Schedule of fair value of warrant liabilities

    

Private Placement

    

Public

    

Warrant liabilities

December 31, 2020

$

370,500

$

12,995,000

$

13,365,500

Change in fair value

 

(133,250)

 

(4,715,000)

 

(4,848,250)

Fair value as of March 31, 2021

237,250

8,280,000

8,517,250

Change in fair value

84,500

2,645,000

2,729,500

Fair value as of June 30, 2021

$

321,750

$

10,925,000

$

11,246,750