Fair Value Measurements (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule 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 indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
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Schedule of Key Inputs into Valuing Warrant Liabilities |
The Public Warrants were valued using publicly available trading price, which is considered to be a Level 1 fair value measurement. The key inputs into valuing our warrant liabilities is as follows:
(a) Based on the linearly interpolated treasury rate (b) Blended volatility based upon weighted average of time pre announcement and post announcement (c) As of the measurement date until assumed expiration (d) Based upon success of SPACs in completing business combination |
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Schedule of Changes in Fair Value of Warrant Liabilities |
The following table presents the changes in the fair value of warrant liabilities:
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