SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Summary of class A common stock subject to possible redemption reflected in the balance sheet

Class A common stock subject to possible redemption at December 31, 2022	$	117,146,232
Less:
Stockholder redemption of 7,391,973 shares at redemption value		(76,054,240)
Stockholder redemption of 1,363,378 shares at redemption value		(14,619,421)
Add:
Accretion of carrying value to redemption value		3,056,238
Class A common stock subject to possible redemption at December 31, 2023	$	29,528,809
Less:
Stockholder redemption of 1,170,280 shares at redemption value		(13,136,586)
Add:
Accretion of carrying value to redemption value		1,646,341
Class A common stock subject to possible redemption at December 31, 2024	$	18,038,564

Summary of basic and diluted net income (loss) per common share

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except share amounts) for the twelve months ended December 31, 2024, and December 31, 2023:

	For the Twelve Months Ended				For the Twelve Months Ended
	December 31, 2024				December 31, 2023
	Class A,		Class A and Class B,		Class A,		Class A and Class B,
	redeemable		Non-redeemable		redeemable		Non-redeemable
Basic and diluted net loss per common share
Numerator:
Allocation of net income (loss), as adjusted	$	(448,245)	$	(567,669)	$	(373,254)	$	(192,164)
Denominator:
Basic and diluted weighted average shares outstanding		2,428,098		3,075,000		5,972,785		3,075,000
Basic and diluted net income (loss) per common share	$	(0.18)	$	(0.18)	$	(0.06)	$	(0.06)