Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
March 31, 2022 December 31, 2021
Derivative Warrant Liabilities Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3
Public Warrants $ 6,440,001  $ 6,440,001  $ —  $ —  $ 9,775,000  $ 9,775,000  $ —  $ — 
Private Placement Warrants $ 214,366  $ —  $ —  $ 214,366  $ 312,466  $ —  $ —  $ 312,466 
Fair Value Measurement Inputs and Valuation Techniques
March 31, 2022 December 31, 2021
Exercise price $11.50 $11.50
Stock price $9.83 $9.81
Volatility 10.0% 15.0%
Term (years) 5.0 5.0
Risk-free rate 2.55% 1.39%
Dividend yield —% —%
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Level 3 derivative warrant liabilities at December 31, 2021 $ 312,466 
Change in fair value of derivative warrant liabilities (98,100)
Level 3 derivative warrant liabilities at March 31, 2022
$ 214,366