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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 1,396,782 $ 1,905,123
Prepaid expenses 371,469 509,950
Total current assets 1,768,251 2,415,073
Investments held in Trust Account 536,846,043 523,038,352
Total assets 538,614,294 525,453,425
Current liabilities:    
Accrued expenses 437,995 271,633
Due to related party 23,250 7,500
Liabilities, Current 461,245 279,133
Overfunding loans 5,000,000 5,000,000
Deferred underwriting and advisory fees 17,500,000 17,500,000
Total liabilities 22,961,245 22,779,133
Commitments and contingencies
Class A ordinary shares subject to possible redemption as of December 31, 2023 536,746,043 522,938,352
Shareholders’ deficit    
Preference shares, $0.0001 par value; 99,990,000 shares authorized; none issued or outstanding 0 0
Accumulated deficit (21,094,244) (20,265,310)
Total shareholders’ deficit (21,092,994) [1] (20,264,060)
Total liabilities and shareholders’ deficit 538,614,294 525,453,425
Common Class A    
Shareholders’ deficit    
Ordinary shares 0 0
Common Class B    
Shareholders’ deficit    
Ordinary shares $ 1,250 $ 1,250
[1] On April 25, 2023, the Company consummated the sale of Over-Allotment Units pursuant to the underwriters’ partial exercise of their over-allotment option. All share amounts have been retroactively restated to reflect the share surrender and share recapitalization events and the share forfeitures (see Note 4).