Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2021 and December 31, 2020 are as follows:
 
    
Held-To-Maturity
  
Amortized Cost
    
Gross

Holding Gain
    
Fair Value
 
September 30, 2021
   U.S. Treasury Securities (Mature on October 14, 2021)    $ 400,213,381      $ 645      $ 400,214,026  
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 September 30, 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
    
September 30, 2021
    
December 31, 2020
 
Liabilities:
                                   
Warrant Liability – Public Warrants
              1      $ 13,000,000      $ 30,800,000  
Warrant Liability – Private Placement Warrants
              2      $ 6,825,000      $ 16,170,000