Registration of securities issued in business combination transactions

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2021
FAIR VALUE MEASUREMENTS  
Summary of gross holding gain and fair value of held-to-maturity securities

Gross 

Amortized 

Holding 

    

Held-To-Maturity

    

Cost

    

Gain

    

Fair Value

September 30, 2021

 

U.S. Treasury Securities (Mature on 12/9/2021)

$

345,054,751

$

8,995

$

345,063,746

Schedule of company's liabilities that are measured at fair value on a recurring basis

    

    

September 30, 

Description

Level

 

2021

Liabilities:

 

  

 

  

Warrant Liability – Public Warrants

1

$

11,385,000

Warrant Liability – Private Placement Warrants

 

2

$

7,722,000

Schedule of change in the fair value of the warrant liabilities (level 3 measurements)

    

Private Placement

    

Public 

    

Warrant Liabilities

Fair value as of January 1, 2021

$

$

$

Initial measurement on March 9, 2021

 

7,644,000

 

11,270,000

 

18,914,000

Change in fair value

 

(2,106,000)

 

(3,105,000)

 

(5,211,000)

Fair value as of March 31, 2021

5,538,000

8,165,000

13,703,000

Change in fair value

2,262,000

3,335,000

5,597,000

Transfer to Level 1

(11,500,000)

(11,500,000)

Transfer to Level 2

(7,800,000)

(7,800,000)

Fair value as of June 30, 2021

$

$

$

Change in fair value

Fair value as of September 30, 2021

 

$

 

$

 

$