Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of assets measured at fair value on a recurring basis
        March 31,   December 31,  
Description   Level   2020   2020  
Assets:                  
Marketable securities held in Trust Account   1   $ 287,534,744   $ 287,491,254  
                   
Liabilities:                  
Warrant Liability – Public Warrants   1   $ 18,975,000   $ 14,854,167  
Warrant Liability – Private Placement Warrants   2   $ 10,230,001   $ 8,008,334  
Schedule of private placement warrants and public warrants
Input   December 31, 2020  
Risk-free interest rate     0.36 %
Trading days per year     252  
Expected volatility     29.0 %
Exercise price   $ 11.50  
Stock Price   $ 10.41  
Schedule of changes in fair value of warrant liabilities
    Private Placement     Public     Warrant Liabilities  
Fair value as of December 31, 2020   $ 8,008,334     $ 14,854,167     $ 22,862,501  
Change in valuation inputs or other assumptions     2,221,667       4,120,833       6,342,500  
Fair value as of March 31, 2021   $ 10,230,001     $ 18,975,000     $ 29,205,001