XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
General and administrative expenses $ 3,334,000 $ 379,000 $ 3,597,000 $ 576,000
Loss from operations (3,334,000) (379,000) (3,597,000) (576,000)
Other income (expense):        
Interest income on Trust Account 265,000 720,000 527,000 2,899,000
Other interest income 3,000 5,000
Amortization of debt discount (45,000) (45,000)
Waiver of deferred underwriting compensation related to warrants 258,000 258,000
Change in fair value of conversion feature 72,000 72,000
Change in fair value of warrant liability (410,000) 615,000 (410,000) (820,000)
Total other income 143,000 1,335,000 407,000 2,079,000
Net (loss) income $ (3,191,000) $ 956,000 $ (3,190,000) $ 1,503,000
Common Class A [Member]        
Other income (expense):        
Weighted average ordinary shares outstanding - Basic 3,390,000 4,845,000 3,390,000 12,381,000
Weighted average ordinary shares outstanding - Diluted 3,390,000 4,845,000 3,390,000 12,381,000
Net (loss) income per ordinary share - Basic $ (0.45) $ 0.10 $ (0.45) $ 0.09
Net (loss) income per ordinary share - Diluted $ (0.45) $ 0.10 $ (0.45) $ 0.09
Common Class B [Member]        
Other income (expense):        
Weighted average ordinary shares outstanding - Basic 3,700,000 5,000,000 3,700,000 5,000,000
Weighted average ordinary shares outstanding - Diluted 3,700,000 5,000,000 3,700,000 5,000,000
Net (loss) income per ordinary share - Basic $ (0.45) $ 0.10 $ (0.45) $ 0.09
Net (loss) income per ordinary share - Diluted $ (0.45) $ 0.10 $ (0.45) $ 0.09