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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Summary Of Company's Assets And Liabilities That Are Measured At Fair Value
The following table presents information about the Company’s assets and liabilities that are measured at fair value at June 30, 2024 and December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
 
Description:
  
Level
    
June 30, 2024
    
December 31,
2023
 
Assets:
        
Investments held to Maturity
     1      $ 99,620        108,610  
Investments held in Trust Account
     1      $ 8,417,407      $ 17,591,536  
Liabilities:
        
Warrant liability - Private Placement Warrants (
12,000,000
)
     3      $ 240,000      $ 480,000  
Warrant liability - Public Warrants (
11,500,000
)
     1      $ 230,000      $ 460,000  
Summary Of The Changes In The Fair Value Of The Company's Financial Instruments That Are Measured At Fair Value On A Recurring Basis
The following table provides a summary of the changes in the fair value of the Company’s financial instruments that are measured at fair value on a recurring basis:
 
    
Private
Placement
Warrants
    
Public
Warrants
    
Total
 
Fair value at December 31, 2023
   $ 480,000      $ 460,000      $ 940,000  
Change
in fair value
     (240,000      (230,000      (470,000
  
 
 
    
 
 
    
 
 
 
Fair value at June 30, 2024
   $ 240,000      $ 230,000      $ 470,000  
  
 
 
    
 
 
    
 
 
 
Summary Of Fair Value Of The Derivative Feature Of The Warrants Was Calculated Using The Following Range Of Weighted Average Assumptions
As of June 30, 2024 and December 31, 2023, the fair value of the derivative feature of the Warrants was calculated using the following range of weighted average assumptions:
 
    
June 30,
2024
   
December 31,
2023
 
Risk-free interest rate
     4.33     3.84
Expected volatility of underlying shares
     2.00     2.00
Dividend yield
     0.00     0.00
Probability of business combination
     1.00     2.75
Level 3 [Member]  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Summary Of The Changes In The Fair Value Of The Company's Financial Instruments That Are Measured At Fair Value On A Recurring Basis
The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three and six months ended June 30, 2024:
 
    
Fair Value
Measurement
Using Level 3
Inputs Total
 
Balance, fair value at March 31, 2024
   $ 600,000  
Change
in fair value of derivative warrant liabilities
     (360,000
  
 
 
 
Balance, fair value at June 30, 2024
   $ 240,000  
  
 
 
 
 
    
Fair Value
Measurement
Using Level 3
Inputs Total
 
Balance, fair value at December 31, 2023
   $ 480,000  
Change
in fair value of derivative warrant liabilities
     (240,000
  
 
 
 
Balance, fair value at June 30, 2024
   $ 240,000