Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.21.1
Fair Value Measurements (Tables)
10 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy of the valuation inputs
Description   December 31,
2020
   

Quoted Prices

in Active

Markets

(Level 1)

   

Significant

Other

Observable

Inputs

(Level 2)

   

Significant

Other

Unobservable

Inputs

(Level 3)

 
Assets:                                
Investments held in Trust Account   $ 111,101,918     $ 111,101,918     $     —     $  
Liabilities:                                
Warrant Liability – Public Warrants   $ 8,800,000     $ 8,800,000     $       $  
Warrant Liability – Private Placement Warrants   $ 6,950,000     $     $     $ 6,950,000  
Schedule of fair value private placement warrants estimated
     Private Placement Warrants  
Estimated dividend yield      
Expected volatility     25 %
Risk-free interest rate     0.36 %
Expected term (years)     5.00