BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

10 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Dec. 31, 2023

SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

The following tables reflect the earnings per share after allocating (loss) income between the shares based on outstanding shares:

	Three months ended June 30, 2024						Six months ended June 30, 2024
	Class A			Class B			Class A			Class B
Numerator:
Basic and diluted net (loss) income per Ordinary Share:
Allocation of (loss) income– basic and diluted	$	(2,075,000	)	$	(100,000	)	$	(2,688,000	)	$	(1,946,000	)
Denominator:
Basic and diluted weighted average Ordinary Shares:		8,796,000			425,000			5,472,000			3,963,000
Basic and diluted (loss) income per Ordinary Share	$	(0.24	)	$	(0.24	)	$	(0.49	)	$	(0.49	)

	Three months ended June 30, 2023				Six months ended June 30, 2023
	Class A		Class B		Class A		Class B
Numerator:
Basic and diluted net (loss) income per Ordinary Share:
Allocation of (loss) income– basic and diluted	$	730,000	$	1,392,000	$	1,267,000	$	1,769,000
Denominator:
Basic and diluted weighted average Ordinary Shares:		3,932,000		7,500,000		5,372,000		7,500,000
Basic and diluted (loss) income per Ordinary Share	$	0.19	$	0.19	$	0.24	$	0.24

The following tables reflect the earnings per share after allocating income between the shares based on outstanding shares:

	Year ended December 31, 2023				Year ended December 31, 2022
	Class A		Class B		Class A		Class B
Numerator:
Basic and diluted net income per ordinary share:
Allocation of income – basic and diluted	$	54,000	$	85,000	$	12,055,000	$	3,014,000
Denominator:
Basic and diluted weighted average ordinary shares:		4,718,000		7,500,000		30,000,000		7,500,000
Basic and diluted net income per ordinary share	$	0.01	$	0.01	$	0.40	$	0.40

SCHEDULE OF ORDINARY SHARES SUBJECT TO REDEMPTION CONSIST

Public Shares subject to possible redemption consist of the following:

	Dollars			Shares
Gross proceeds of Public Offering	$	300,000,000			30,000,000
Less: Proceeds allocated to Public Warrants		(14,100,000	)		-
Offering costs		(16,254,000	)		-
Plus: Accretion of carrying value to redemption value		30,354,000			-
Subtotal at inception and at December 31, 2021		300,000,000			30,000,000
Plus: Accretion of carrying value to redemption value		4,675,000			-
Class A Ordinary Shares subject to possible redemption at December 31, 2022	$	304,675,000			30,000,000
Less: Class A Ordinary Shares redeemed on January 11, 2023		(265,050,000	)		(26,068,281	)
Plus: Accretion of carrying value to redemption value		4,079,000			-
Balance at December 31, 2023	$	43,704,000			3,931,719
Less: Public Shares redeemed on January 9, 2024		(23,768,000	)		(2,137,134	)
Plus: Accretion of carrying value to redemption value		273,000			-
Balance at March 31, 2024 (unaudited)	$	20,209,000			1,794,585
Less: Public Shares redeemed on June 27, 2024		(18,893,000	)		(1,660,035	)
Plus: Accretion of carrying value to redemption value		215,000			-
Balance at June 30, 2024 (unaudited)	$	1,531,000			134,550

	Dollars			Shares
Gross proceeds of Public Offering	$	300,000,000			30,000,000
Less: Proceeds allocated to Public Warrants		(14,100,000	)		—
Offering costs		(16,254,000	)		—
Plus: Accretion of carrying value to redemption value		30,354,000			—
—Subtotal at inception and at December 31, 2021		300,000,000			30,000,000
Accretion of carrying value to redemption value		4,675,000			—
Class A ordinary shares subject to possible redemption at December 31, 2022	$	304,675,000			30,000,000
Class A ordinary shares redeemed on January 11, 2023		(265,050,000	)		(26,068,281	)
Accretion of carrying value to redemption value		4,079,000			—
Balance at December 31, 2023	$	43,704,000			3,931,719

Stardust Power Inc And Subsidiary [Member]

SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

The following table sets forth the computation of the basic and diluted net loss per share:

	Three months ended
	June 30, 2024			June 30, 2023			Six months ended June 30, 2024			Period from March 16, 2023 (inception) through June 30, 2023
Numerator:
Net loss	$	(2,694,362	)	$	(1,739,280	)	$	(4,093,575	)	$	(1,984,785	)
Denominator:
Weighted average shares outstanding		8,686,350			8,757,603			8,677,870			8,755,120
Net loss per share, basic and diluted	$	(0.31	)	$	(0.20	)	$	(0.47	)	$	(0.23	)

The following table sets forth the computation of the basic and diluted net loss per share:

	Period from March 16, 2023 (inception) through December 31, 2023
Numerator:
Net loss	$	(3,793,585	)
Denominator:
Weighted average shares outstanding		8,777,571
Net loss per share, basic and diluted	$	(0.43	)

SCHEDULE OF ESTIMATED USEFUL LIVES

	Years
Computer and equipment	3-5 years

SCHEDULE OF ANTI-DILUTIVE EFFECT

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have had an anti-dilutive effect:

	June 30, 2024		June 30, 2023
Unvested common stock – shares (Note 3)		322,542		226,625

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have had an anti-dilutive effect:

	December 31, 2023
Unvested common stock – shares (Note 3)		356,458