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The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.
March 31, 2022
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Quoted Prices in |
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Significant Other |
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Significant Other |
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|
Active Markets |
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Observable Inputs |
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Unobservable Inputs |
Description |
|
(Level 1) |
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(Level 2) |
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(Level 3) |
Assets: |
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Investments held in Trust Account - U.S. Treasury securities |
|
$ |
345,072,411 |
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$ |
— |
|
$ |
— |
Derivative asset – Forward purchase agreement |
|
$ |
— |
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$ |
162,390 |
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$ |
— |
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Liabilities: |
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Derivative warrant liabilities - Public warrants |
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$ |
2,788,610 |
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$ |
— |
|
$ |
— |
Derivative warrant liabilities - Private placement warrants |
|
$ |
— |
|
$ |
2,461,840 |
|
$ |
— |
Derivative warrant liabilities - Working capital loan warrants |
|
$ |
— |
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$ |
403,580 |
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$ |
— |
December 31, 2021
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|
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Quoted Prices in |
|
Significant Other |
|
Significant Other |
|
|
Active Markets |
|
Observable Inputs |
|
Unobservable Inputs |
Description |
|
(Level 1) |
|
(Level 2) |
|
(Level 3) |
Assets: |
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|
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|
|
|
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Investments held in Trust Account - U.S. Treasury securities |
|
$ |
345,041,529 |
|
$ |
— |
|
$ |
— |
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Liabilities: |
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Derivative warrant liabilities - Public warrants |
|
$ |
5,939,640 |
|
$ |
— |
|
$ |
— |
Derivative warrant liabilities - Private placement warrants |
|
$ |
— |
|
$ |
5,238,530 |
|
$ |
— |
Derivative warrant liabilities - Working capital loan warrants |
|
$ |
— |
|
$ |
858,780 |
|
$ |
— |
Forward purchase agreement |
|
$ |
— |
|
$ |
514,790 |
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$ |
— |
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