Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Fair Value, Assets Measured on Recurring Basis
The following table presents information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 by level within the fair value hierarchy:
September 30, 2022
 
Description
  
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
   $ 498,906,770      $ —        $ —    
Liabilities:
                          
Derivative warrant liabilities—Public
   $ 1,289,360      $ —        $ —    
Derivative warrant liabilities—Private
   $ —        $ 1,180,240      $ —    
December 31, 2021
 
Description
  
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
   $ 495,948,830      $ —        $ —    
Liabilities:
                          
Derivative warrant liabilities—Public
   $ 8,827,180      $ —        $ —    
Derivative warrant liabilities—Private
   $ —        $ 8,080,120      $ —