SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 10 – SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. Other than as described herein, the Company did not identify any other subsequent events that would have required adjustment or disclosure in the financial statements. On April 1, 2024, $9.8 million was removed from the Trust Account in connection with the Third Special Meeting Redemptions. On April 2, 2024, the Company timely requested a hearing before the Panel, which was held on May 23, 2024. The hearing request stayed any suspension or delisting action pending the completion of the hearing and the expiration of any additional extension period granted by the Panel following the hearing. On April 24, 2024, the Company received a letter from the Listing Qualifications Department of Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the SEC due to the late filing of the 2023 Annual Report. On May 23, 2024, the Company received an additional notice from the Listing Qualifications Department of Nasdaq indicating that, in addition to the 2023 Annual Report, its failure to timely file this Report with the SEC, in contravention of Nasdaq Listing Rule 5250(c)(1), could serve as an additional basis for delisting from Nasdaq. The Company addressed its plan to evidence compliance with Nasdaq Listing Rule 5250(c)(1) at the hearing before the Panel on May 23, 2024. On June 5, 2024, the Company filed the delayed 2023 Annual Report. On June 10, 2024, the Company received notice that the Panel had granted the Company’s request to continue its listing on Nasdaq through September 23, 2024. The Panel’s decision is subject to certain conditions, including that the Company will have completed the previously announced Infinite Reality Business Combination on or before September 23, 2024 and that the combined company will have demonstrated compliance with all applicable requirements for initial listing on Nasdaq. In the event that the Company does not complete the Infinite Reality Business Combination by September 23, 2024 or fails to demonstrate compliance with the applicable listing rules, the Company’s securities would be subject to suspension from trading on Nasdaq. If the trading of the Company’s securities is suspended, the Company’s securities will cease to be quoted on Nasdaq and maybe traded on the over-the-counter market. Funds in connection with the Monthly Extension Fees scheduled for March 2024, April 2024 and May 2024, which amounted to an aggregate of $0.1 million, were deposited in the Trust Account on June 20, 2024. No Monthly Extension Fees were outstanding as of the filing date.

SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2024

NOTE 10 – SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. Other than as described herein, the Company did not identify any other subsequent events that would have required adjustment or disclosure in the financial statements.

On April 1, 2024, $9.8 million was removed from the Trust Account in connection with the Third Special Meeting Redemptions.

On April 2, 2024, the Company timely requested a hearing before the Panel, which was held on May 23, 2024. The hearing request stayed any suspension or delisting action pending the completion of the hearing and the expiration of any additional extension period granted by the Panel following the hearing.

On April 24, 2024, the Company received a letter from the Listing Qualifications Department of Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the SEC due to the late filing of the 2023 Annual Report. On May 23, 2024, the Company received an additional notice from the Listing Qualifications Department of Nasdaq indicating that, in addition to the 2023 Annual Report, its failure to timely file this Report with the SEC, in contravention of Nasdaq Listing Rule 5250(c)(1), could serve as an additional basis for delisting from Nasdaq. The Company addressed its plan to evidence compliance with Nasdaq Listing Rule 5250(c)(1) at the hearing before the Panel on May 23, 2024.

On June 5, 2024, the Company filed the delayed 2023 Annual Report.

On June 10, 2024, the Company received notice that the Panel had granted the Company’s request to continue its listing on Nasdaq through September 23, 2024. The Panel’s decision is subject to certain conditions, including that the Company will have completed the previously announced Infinite Reality Business Combination on or before September 23, 2024 and that the combined company will have demonstrated compliance with all applicable requirements for initial listing on Nasdaq.

In the event that the Company does not complete the Infinite Reality Business Combination by September 23, 2024 or fails to demonstrate compliance with the applicable listing rules, the Company’s securities would be subject to suspension from trading on Nasdaq. If the trading of the Company’s securities is suspended, the Company’s securities will cease to be quoted on Nasdaq and maybe traded on the over-the-counter market.

Funds in connection with the Monthly Extension Fees scheduled for March 2024, April 2024 and May 2024, which amounted to an aggregate of $0.1 million, were deposited in the Trust Account on June 20, 2024. No Monthly Extension Fees were outstanding as of the filing date.