Summary of Assets Measured at Fair Value On Recurring Basis |
The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at June 30, 2021 and December 31, 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marketable securities held in Trust Account |
|
|
1 |
|
|
$ |
317,984,713 |
|
|
$ |
318,041,728 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant Liability – Public Warrants |
|
|
1 |
|
|
|
27,039,375 |
|
|
|
23,244,375 |
|
Warrant Liability – Private Placement Warrants |
|
|
3 |
|
|
|
20,313,000 |
|
|
|
12,487,500 |
|
|
Summary of Warrants |
The following table presents the changes in the fair value of warrant liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six month-period ended June 30, 2021 |
|
|
|
|
|
|
|
|
|
Fair value as of January 1, 2021 |
|
$ |
12,487,500 |
|
|
$ |
23,244,375 |
|
|
$ |
35,731,875 |
|
Change in fair value of warrant liability |
|
|
7,242,750 |
|
|
|
3,478,750 |
|
|
|
10,721,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value as of March 31, 2021 |
|
$ |
19,730,250 |
|
|
$ |
26,723,125 |
|
|
$ |
46,453,375 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in fair value of warrant liability |
|
|
582,750 |
|
|
|
316,250 |
|
|
|
899,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value as of June 30, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six month-period ended June 30, 2020 |
|
|
|
|
|
|
|
|
|
Fair value as of January 1, 2020 |
|
$ |
7,575,750 |
|
|
$ |
14,231,250 |
|
|
$ |
21,807,000 |
|
Change in fair value of warrant liability |
|
|
(1,914,750 |
) |
|
|
(3,478,750 |
) |
|
|
(3,620,625 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value as of March 31, 2020 |
|
$ |
5,661,000 |
|
|
$ |
10,752,500 |
|
|
$ |
16,413,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in fair value of warrant liability |
|
|
(3,1630,50 |
) |
|
|
(5,850,625 |
) |
|
|
(5,393,500 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value as of June 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|