Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.2
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Held To Maturity Securities
The following table presents information about the gross holding gains and fair value of
held-to-maturity
securities at March 31, 2021 and December 31, 2020 are as follows:
 
   
Held-To-Maturity
 
Amortized

Cost
   
Gross

Holding

Gain
   
Fair Value
 
March 31, 2021
 
U.S. Treasury Securities (Mature on April 8, 2021)
  $ 400,174,083     $ 6,944     $ 400,181,027  
   
 
 
   
 
 
   
 
 
 
December 31, 2020
 
U.S. Treasury Securities (Mature on April 8, 2021)
  $ 400,085,021     $ 5,549     $ 400,090,570  
   
 
 
   
 
 
   
 
 
 
Summary Of Assets And Liabilities Measured At Fair Value On Recurring Basis
The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at March 31, 2021 and December 31, 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
 
Description
  
Level
    
March 31,

2021
    
December 31,

2020
 
Assets:
        
Held-to-Maturity
Investments - U.S. Treasury Securities
     1      $ 400,181,027      $ 400,090,570  
Liabilities:
        
Warrant Liability – Public Warrants
     1      $ 18,000,000      $ 30,800,000  
Warrant Liability – Private Placement Warrants
     2      $ 9,450,000      $ 16,170,000