Stock Warrants (Details) - Summary of quantitative information regarding Level 3 fair value measurement of the Private Placement Warrants - Stock Warrants [Member] |
6 Months Ended |
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Jun. 30, 2023
$ / shares
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Stock Warrants (Details) - Schedule of quantitative information regarding level 3 fair value measurement of the private placement warrants [Line Items] | |
Strike price (in Dollars per share) | $ 11.50 |
Expected Volatility | 79.00% |
Expected Term in Years | 3 years 8 months 23 days |
Risk Free Interest Rate | 4.14% |
Warrant Value Per Share (in Dollars per share) | $ 0.62 |
Class A Common Stock | |
Stock Warrants (Details) - Schedule of quantitative information regarding level 3 fair value measurement of the private placement warrants [Line Items] | |
Expected Dividend - MoneyLion Class A Common Stock | 0.00% |
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- References No definition available.
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- Definition Strike price. No definition available.
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- Definition Warrant value per share. No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- 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://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- 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://www.xbrl.org/2003/role/disclosureRef
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