XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:    
Net income $ 3,864,125 $ 2,505,451
Adjustments to reconcile net income to net cash used in operating activities:    
Gain from investments held in the Trust Account (5,412,699) (3,386,262)
Changes in operating assets and liabilities:    
Prepaid expenses 284,431 332,354
Accounts payable 435,118 236,432
Accrued expenses 201,211 (82,622)
Net cash used in operating activities (627,814) (394,647)
Cash Flows from Investing Activities:    
Cash withdrawn from trust account in connection with redemption 267,753,501 0
Net cash provided by investing activities 267,753,501 0
Cash Flows from Financing Activities:    
Proceeds from convertible working capital loan 599,480 300,000
Redemption of ordinary shares (267,753,501) 0
Net cash (used in) provided by financing activities (267,154,021) 300,000
Net change in cash (28,334) (94,647)
Cash - beginning of the period 60,591 155,238
Cash - end of the period 32,257 60,591
Supplemental disclosure of non-cash investing and financing activities:    
Remeasurement on Class A ordinary shares subject to possible redemption 5,412,699 3,259,521
Contribution - shareholder non-redemption agreements $ 363,750 $ 0