SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2024

SIGNIFICANT ACCOUNTING POLICIES

Schedule of common stock subject to possible redemption and included as temporary equity

	As of		As of
	March 31, 2024		December 31, 2023
Balance brought forward	$	21,847,515	$	129,951,121
Plus:
Accretion of carrying value to redemption value		263,336		2,663,663
Extension fees receivable		33,932		—
Stockholders’ redemptions		(9,767,144)		(110,767,269)
Contingently redeemable Common Stock	$	12,377,639	$	21,847,515

Schedule of net profit (loss) per share of common stock

	Three Months Ended		Three Months Ended
	March 31, 2024		March 31, 2023
Common Stock subject to possible redemption
Numerator:
Net (loss) profit allocable to Common Stock subject to possible redemption	$	(62,259)	$	299,414
Denominator:
Weighted average shares outstanding, redeemable Common Stock		1,919,768		11,983,483
Basic and diluted net (loss) profit per share, redeemable Common Stock	$	(0.03)	$	0.02
Non-redeemable Common Stock
Numerator:
Net (loss) profit allocable to Common Stock subject to possible redemption	$	(123,816)	$	95,392
Denominator:
Weighted average shares outstanding, non-redeemable Common Stock		3,817,863		3,817,863
Basic and diluted net (loss) profit per share, non-redeemable Common Stock	$	(0.03)	$	0.02