Recurring Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Recurring Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2023 and 2022, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value.

	December 31, 2023
	Level 1			Level 2			Level 3
Assets
Investments held in Trust Account		$	62,418,210		$	—		$	—
Liabilities
Public Warrants		$	230,000		$	—		$	—
Private Warrants		$	—		$	—		$	224,000
Working Capital Loan Conversion Option		$	—		$	—		$	—

	December 31, 2022
	Level 1			Level 2			Level 3
Assets
Investments held in Trust Account		$	237,038,010		$	—		$	—
Liabilities
Public Warrants		$	575,000		$	—		$	—
Private Warrants		$	—		$	—		$	560,000

Key Inputs into Binomial Lattice Model

The key inputs into the binomial lattice model were as follows at December 31, 2023 and 2022:

Input	December 31, 2023			December 31, 2022
Risk-free interest rate		3.81	%		3.95	%
Expected term to initial Business Combination (years)		0.25			0.25
Expected volatility		de minimis	%		de minimis
Common stock price	$	10.89		$	10.18
Dividend yield		0.0	%		0.0	%

Changes in Fair Value of Warrants

The following table provides a reconciliation of changes in fair value of the beginning and ending balances for the Company’s warrants classified as Level 3 for the period ended December 31, 2023 and December 31, 2022:

Fair value of  the Private Placement Warrants measured with level 3
December 31, 2021	$	5,824,000
Change in fair value		(5,264,000	)
December 31, 2022	$	560,000

December 31, 2022	$	560,000
Change in fair value		(336,000	)
December 31, 2023	$	224,000