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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows From Operating Activities:    
Net income (loss) $ (1,429,067) $ 2,777,532
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Investment income earned on investments held in the Trust Account (368,666) (3,756,798)
Gain on change in fair value of derivative liabilities (470,000) (1,410,000)
Interest income earned on investment account (1,823) (1,020)
Non-redemption agreement expense 0 180,000
Changes in operating assets and liabilities:    
Prepaid expenses 3,320 190,551
Income tax receivable 13,086 0
Other deferred expenses 1,092,048 108,919
Consulting fees payable – related party 93,600 140,400
Accrued income taxes payable 0 272,129
Accounts payable and accrued expenses 238,807 12,100
Net Cash Used In Operating Activities (828,695) (1,486,187)
Cash Flows From Investing Activities:    
Taxes paid from trust 40,055 533,789
Cash withdrawn from Trust Account to redeeming stockholders 9,513,007 222,484,624
Cash withdrawn from Trust Account for taxes payable and dissolution 10,267 855,762
Funds deposited into held to maturity investment account (9,721) (775,762)
Funds withdrawn from held to maturity investment account 0 300,864
Net Cash Provided by Investing Activities 9,553,608 223,399,277
Cash Flows From Financing Activities:    
Redemption of Class A common stock (9,513,007) (222,484,624)
Proceeds from loan payable - Sponsor 735,000 355,000
Proceeds from related party advances 117,771 79,791
Net Cash Used In Financing Activities (8,660,236) (222,049,833)
Net change in cash 64,677 (136,743)
Cash at beginning of period 74,974 212,232
Cash at end of period 139,651 75,489
Supplemental Cash Flow Information:    
Cash paid for income taxes 40,055 460,000
Supplemental Schedule of Non-cash Financing Activities:    
Remeasurement of Class A common stock subject to possible redemption to redemption amount 314,688 3,243,962
Excise tax liability accrued for common stock redemptions $ 95,130 $ 2,224,846