Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2021
FAIR VALUE MEASUREMENTS  
Schedule of gross holding losses and fair value of held-to-maturity securities

    

    

Gross 

    

Amortized

Holding 

    

Held-To-Maturity

    

Level

    

 Cost

    

Gains

    

Fair Value

June 30, 2021

 

Liquid Treasury Money Market Fund

1

$

139,188,838

$

0

$

139,188,838

December 31, 2020

 

U.S. Treasury Securities (Matured on 01/07/2021) (1)

1

$

139,152,937

$

2,063

$

139,155,000

Schedule of assets and liabilities that are measured at fair value on a recurring basis

Fair value at

Fair value at

December 31, 

Liabilities:

    

Warrant Liabilities

    

Level

    

June 30, 2021

    

2020

Warrant Liability

3

$

12,330,000

$

3,452,400

Convertible Promissory Notes – Related Party

 

3

1,350,000

500,000

(1) The Company notes that the U.S. Treasury Securities were reinvested with the funds from the previously matured securities
Schedule of key inputs

Input

    

June 30, 2021

    

December 31, 2020

 

Risk-free interest rate

 

0.80

%

0.28

%

Dividend yield

 

0.00

%

0.00

%

Implied volatility

 

40.04

%

15.4

%

Exercise price

$

11.50

$

11.50

Market Stock Price

$

10.00

$

10.20

Schedule of changes in the fair value of warrant liabilities

The following table presents the changes in the fair value of warrant liabilities: