Accounting for Warrant Liability (Details) - Schedule of quantitative information regarding Level 3 fair value measurements - $ / shares |
3 Months Ended | 11 Months Ended |
---|---|---|
Mar. 31, 2021 |
Dec. 31, 2020 |
|
Private Warrants: | ||
Term (in years) | 5 years | 5 years |
Volatility – pre announcement | 10.00% | 10.00% |
Volatility – post announcement | 22.00% | 30.00% |
Risk-free rate | 1.04% | 0.469% |
Fair value of warrants (in Dollars per share) | $ 1.73 | $ 1.52 |
Public Warrants: | ||
Simulated warrant value (in Dollars per share) | 1.49 | |
Publicly-traded value (in Dollars per share) | $ 1.49 |
X | ||||||||||
- Definition Fair value of warrants. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Publicly-traded value. No definition available.
|
X | ||||||||||
- Definition Simulated warrant value. No definition available.
|
X | ||||||||||
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Rate of weighted-average expected volatility for award under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|