Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

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

Gross 

Amortized 

Holding 

    

Held-To-Maturity

    

Cost

    

Loss

    

Fair Value

June 30, 2021

 

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

$

345,033,541

$

(17,595)

$

345,015,946

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

    

    

June 30, 

Description

Level

 

2021

Assets:

 

  

 

  

U.S. Treasury Securities

 

1

$

345,034,501

Liabilities:

 

  

 

  

Warrant Liability – Public Warrants

1

$

11,500,000

Warrant Liability – Private Placement Warrants

 

2

$

7,800,000

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

 

$

 

$

 

$