Black Spade Acquisition Co Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements - (Tables)

Fair Value Measurements - (Tables)

7 Months Ended

Sep. 30, 2021

Summary Of Assets And Liabilities That Are Measured At Fair Value

The following table presents information about the Company’s assets and liabilities that are measured at fair value at September 30, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:


Description	Level		September 30, 2021
Assets:
Cash held in Trust Account		1	$	169,001,665

Liabilities:
Warrant liability – Private Placement Warrants		2	$	3,509,000
Warrant liability – Public Warrants		1	$	4,647,500

Summary Of Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Technique

The key inputs into the Monte Carlo simulation model and the modified Black-Scholes model were as follows at initial measurement:


	July 20, 2021
Risk-free interest rate		1.45	%
Expected life		5.0 years
Expected volatility of underlying shares		24.0	%
Dividends		0	%

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details