Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.22.0.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 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

December 31, 2021

 

U.S. Treasury Securities (Mature on 01/04/2022) (1)

$

345,088,635

$

1,365

$

345,090,000

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

    

    

December 31, 

Description

Level

 

2021

Liabilities:

 

  

 

  

Warrant Liability – Public Warrants

1

$

9,775,000

Warrant Liability – Private Placement Warrants

 

2

$

6,630,000

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

 

156,000

 

230,000

 

386,000

Transfer to Level 1

(11,500,000)

(11,500,000)

Transfer to Level 2

(7,800,000)

(7,800,000)

Fair value as of December 31, 2021

 

$

 

$

 

$