Class A Ordinary Shares Subject to Possible Redemption

3 Months Ended

Mar. 31, 2024

Class A Ordinary Shares Subject to Possible Redemption [Abstract]

Class A Ordinary Shares Subject to Possible Redemption

Note 6 - Class A Ordinary Shares Subject to Possible Redemption

The Public Shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. As of March 31, 2024 and December 31, 2023, there were 3,300,016 and 3,690,831 Class A ordinary shares subject to possible redemption, respectively.

The Public Shares issued in the Initial Public Offering in connection with the over-allotment exercise were recognized in Class A ordinary shares subject to possible redemption as follows:

Gross proceeds	$	149,500,000
Less:
Offering costs allocated to Class A ordinary shares subject to possible redemption		(8,734,896	)
Plus:
Accretion on Class A ordinary shares subject to possible redemption amount		8,147,540
Plus:
Waiver of deferred underwriting commissions		2,616,250
Class A ordinary shares subject to possible redemption at December 31, 2022		151,528,894
Less:
Redemption of Class A ordinary shares		(115,071,882	)
Plus:
Adjustment for accretion of Class A ordinary shares subject to possible redemption		4,018,937
Class A ordinary shares subject to possible redemption at December 31, 2023	$	40,475,949
Less:
Redemption of Class A ordinary shares		(4,358,804	)
Plus:
Adjustment for accretion of Class A ordinary shares subject to possible redemption		902,751
Class A ordinary shares subject to possible redemption at March 31, 2024	$	37,019,896