Blade Air Mobility, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

FAIR VALUE MEASUREMENTS (Tables)

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

FAIR VALUE MEASUREMENTS

Schedule of assets that are measured at fair value on a recurring basis


		December 31,		December 31,
Description	Level	2020		2019
Assets:
Marketable securities held in Trust Account	1	$	276,943,339	$	276,261,596

Liabilities:
Warrant Liability – Public Warrants	1		22,366,667		9,716,667
Warrant Liability – Private Placement Warrants	3		14,400,000		6,400,000

Schedule of the key inputs into the Monte Carlo simulation model for the Private Placement Warrants and Public Warrants


Input	March 31, 2021			December 31, 2020
Risk-free interest rate		0.96	%		0.42	%
Risky Drift		5	%		5	%
Expected term (years)		5			5
Expected volatility		40.0	%		40.0	%
Exercise price	$	11.50		$	11.50


	September 19,
	2019
	(Initial
Input	Measurement)
Risk-free interest rate		1.7	%
Expected term (years)		1.5
Expected volatility		40.0	%
Exercise price	$	11.60
Fair value of Units	$	7.66

Schedule of changes in the fair value of warrant liabilities


	Private				Warrant
	Placement		Public		Liabilities
Fair value as of Janaury 1, 2021	$	14,400,000	$	22,366,667	$	36,766,667
Change in fair value of warrant liabilities		300,000		550,001		850,001
Fair value as of March 31, 2021	$	14,700,000	$	22,916,668	$	37,616,668


	Private				Warrant
	Placement		Public		Liabilities
Fair value –	$	—	$	—	$	—
Initial measurement on September 17, 2019 (IPO)		7,300,000		11,000,000		18,300,000
Change in valuation inputs or other assumptions		(900,000)		(1,283,333)		(2,183,333)
Fair value as of December 31, 2019	$	6,400,000	$	9,716,667	$	16,116,667
Change in valuation inputs or other assumptions		8,000,000		12,650,000		20,650,000
Fair value as of December 31, 2020	$	14,400,000	$	22,366,667	$	36,766,667

- 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.

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