XML 109 R43.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Share-Based Compensation (Details Narrative) - Former Director [Member]
9 Months Ended
Sep. 30, 2023
USD ($)
shares
Description related to sponsor handover to former director former directors transferred 19,250 of Founder Shares to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, for a total of 115,500 Founder Shares and the former directors retained 5,750 Founder Shares each for a total of 34,500 Founder Shares. The 115,500 Founder Shares transferred to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, requires him to be a director at the time of the consummation of a Business Combination or the 115,500 Founder Shares will be transferred back to the former directors. Under ASC 718, the 115,500 Founder Shares transferred to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, has a performance condition that is not probable of occurring at the date he received the 115,500 Founder Shares, therefore no share based compensation has been recorded for the 115,500 Founder Shares as of September 30, 2023
Retained number of founder shares | shares 34,500
Share-based compensation expense | $ $ 35,535
July 18, 2023 [Member]  
Description related to sponsor handover to former director former directors transferred 19,250 of Founder Shares to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, for a total of 115,500 Founder Shares and the former directors retained 5,750 Founder Shares each for a total of 34,500 Founder Shares. The 115,500 Founder Shares transferred to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, requires him to be a director at the time of the consummation of a Business Combination or the 115,500 Founder Shares will be transferred back to the former directors. Under ASC 718, the 115,500 Founder Shares transferred to Chunyi (Charlie) Hao, President and Chairman of the Board of Directors, has a performance condition that is not probable of occurring at the date he received the 115,500 Founder Shares, therefore no share based compensation has been recorded for the 115,500 Founder Shares as of September 30, 2023