| Schedule of assets that are measured at fair value on a recurring basis |
|
Description
|
|
Level
|
|
December 31,
2021
|
|
September 30,
2022
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
Cash and marketable securities held in Trust Account
|
|
1
|
|
$
|
172,580,609 |
|
$
|
105,664,618 |
| |
|
|
|
|
|
|
|
|
|
Liabilities:
|
|
|
|
|
|
|
|
|
|
Warrant Liabilities – Public Warrants
|
|
1
|
|
|
5,180,136 |
|
|
1,035,000 |
|
Warrant Liabilities – Private Placement Warrants
|
|
3
|
|
|
3,131,574 |
|
|
624,000 |
|
Working Capital Loan
|
|
3
|
|
|
—
|
|
|
528,300 |
|
|
Description
|
|
Level
|
|
December 31, 2021
|
|
Assets:
|
|
|
|
|
|
|
Marketable securities held in Trust Account
|
|
1
|
|
$
|
172,580,609 |
| |
|
|
|
|
|
|
Liabilities:
|
|
|
|
|
|
|
Warrant Liabilities – Public Warrants
|
|
1
|
|
|
5,180,136 |
|
Warrant Liabilities – Private Placement Warrants
|
|
3
|
|
|
3,131,574 |
|
| Schedule of change in the fair value of warrant liabilities |
|
|
|
Private
Placement
|
|
Public
|
|
Warrant
Liabilities
|
|
Fair value as of January 1, 2021
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Initial measurement on January 11, 2021
|
|
|
3,744,000 |
|
|
|
6,210,000 |
|
|
|
9,954,000 |
|
|
Change in valuation inputs or other assumptions
|
|
|
(832,000 |
)
|
|
|
(1,380,000 |
)
|
|
|
(2,212,000 |
)
|
|
Transfer to Level 1
|
|
|
—
|
|
|
|
(4,830,000 |
)
|
|
|
(4,830,000 |
)
|
|
Fair value as of March 31, 2021
|
|
|
2,912,000 |
|
|
|
—
|
|
|
|
2,912,000 |
|
|
Change in valuation inputs or other assumptions
|
|
|
988,000 |
|
|
|
—
|
|
|
|
988,000 |
|
|
Fair value as of June 30, 2021
|
|
|
3,900,000 |
|
|
|
—
|
|
|
|
3,900,000 |
|
|
Change in valuation inputs or other assumptions
|
|
|
(513,926 |
)
|
|
|
—
|
|
|
|
(513,926 |
)
|
|
Fair value as of September 30, 2021
|
|
$
|
3,386,074 |
|
|
$
|
—
|
|
|
$
|
3,386,074 |
|
|
|
|
Private Placement
|
|
Fair value as of January 1, 2022
|
|
$
|
3,131,574 |
|
|
Change in fair value
|
|
|
(2,403,574 |
)
|
|
Fair value as of March 31, 2022
|
|
|
728,000 |
|
|
Change in fair value
|
|
|
(157,111 |
)
|
|
Fair value as of June 30, 2022
|
|
|
570,889 |
|
|
Change in fair value
|
|
|
53,111 |
|
|
Fair value as of September 30, 2022
|
|
$
|
624,000 |
|
|
|
|
Working
Capital
Loan
|
|
Fair value as of January 1, 2022
|
|
$
|
—
|
|
|
Initial measurement at January 31, 2022 – $350,000 draw
|
|
|
264,900 |
|
|
Change in fair value
|
|
|
(5,400 |
)
|
|
Fair value as of March 31, 2022
|
|
|
259,500 |
|
|
Initial measurement at April 1, 2022 – $112,500 draw
|
|
|
83,396 |
|
|
Initial measurement at June 30, 2022 – $250,000 draw
|
|
|
184,807 |
|
|
Change in fair value
|
|
|
(1,003 |
)
|
|
Fair value as of June 30, 2022
|
|
|
526,700 |
|
|
Initial measurement at September 30, 2022 – $360,000 draw
|
|
|
177,331 |
|
|
Change in fair value
|
|
|
(175,731 |
)
|
|
Fair value as of September 30, 2022
|
|
$
|
528,300 |
|
|
|
|
|
Private Placement
|
|
Public
|
|
Warrant Liabilities
|
|
Fair value as of January 1, 2021
|
|
$
|
—
|
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Initial measurement on January 11, 2021
|
|
|
3,744,000 |
|
|
|
6,210,000 |
|
|
|
9,954,000 |
|
|
Change in fair value
|
|
|
(612,426 |
)
|
|
|
(1,380,000 |
)
|
|
|
(1,992,426 |
)
|
|
Transfer to Level 1
|
|
|
—
|
|
|
|
(4,830,000 |
)
|
|
|
(4,830,000 |
)
|
|
Fair value as of December 31, 2021
|
|
|
3,131,574 |
|
|
|
—
|
|
|
|
3,131,574 |
|
|