Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.21.1
Fair Value Measurements (Tables)
5 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of fair value on a recurring basis
Description   Quoted Prices in Active Markets
(Level 1)
    Significant Other Observable Inputs
(Level 2)
    Significant Other Unobservable Inputs
(Level 3)
 
Assets:                  
U.S. Treasury Bills   $ 230,007,668     $ -     $ -  
Liabilities:                        
Derivative warrant liabilities - Public Warrants   $ -     $ -     $ 11,883,330  
Derivative warrant liabilities - Private Warrants   $ -     $ -     $ 7,733,330  
Schedule of fair value inputs measurements
    As of
December 8,
2020
    As of December 31,
2020
 
Volatility     21.0 %     21.0 %
Stock price   $ 9.58     $ 10.12  
Expected life of the options to convert     6.00       6.00  
Risk-free rate     0.52 %     0.51 %
Dividend yield     0.0 %     0.0 %
Schedul eof change in FV of warrant liablilities
    Public Warrants     Private Warrants  
Derivative warrant liabilities at August 6, 2020 (inception)   $ -     $ -  
Issuance of Public and Private Warrants     6,331,670       9,813,330  
Change in fair value of derivative warrant liabilities     1,401,667       2,070,000  
Derivative warrant liabilities at December 31, 2020   $ 7,733,337     $ 11,883,330