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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2024
Summary of Significant Accounting Policies Basis of Presentation  
Summary of class A ordinary shares subject to possible redemption reflected

 

 

Shares

 

 

Amounts

 

Class A ordinary shares subject to possible redemption - December 31, 2023

 

 

419,938

 

 

$4,553,517

 

Less:

 

 

 

 

 

 

 

 

Payments to Class A ordinary shareholders for redemption of shares

 

 

(83,349)

 

 

(911,508)

Due to shareholders

 

 

(38,647)

 

 

(428,962)

Plus:

 

 

 

 

 

 

 

 

Remeasurement of carrying value to redemption value

 

 

 

 

 

95,277

 

Class A ordinary shares subject to possible redemption - September 30, 2024

 

 

297,942

 

 

 

3,308,324

 

Summary of basic and diluted net income (loss) per share

 

 

For the

three months ended

 

 

For the

nine months ended

 

 

For the

three months ended

 

 

For the

nine months ended

 

 

 

September 30,

2024

 

 

September 30,

2024

 

 

September 30,

2023

 

 

September 30,

2023 (Restated)

 

 

 

Class A

 

 

Class A

 

 

Class A

 

 

Class A

 

 

 

 

 

 

 

 

 

 

 

Redeemable

 

 

Nonredeemable

 

 

Redeemable

 

 

Nonredeemable

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

 

 

 

 

and Class B

 

 

 

 

and Class B

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income (loss) per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income (loss)

 

$126,259

 

 

$3,986,227

 

 

$(162,240)

 

$(4,428,063)

 

$(140,469)

 

$(1,269,312)

 

$(390,641)

 

$(3,400,392)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average ordinary shares outstanding

 

 

316,738

 

 

 

10,000,000

 

 

 

343,407

 

 

 

10,000,000

 

 

 

1,106,657

 

 

 

10,000,000

 

 

 

1,148,813

 

 

 

10,000,000

 

Basic and diluted net income (loss) per ordinary share

 

$0.40

 

 

$0.40

 

 

$(0.05)

 

$(0.05)

 

$(0.13)

 

$(0.13)

 

$(0.34)

 

$(0.34)