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Derivative Warrant Liabilities (Tables)
3 Months Ended
Jun. 30, 2024
Derivative Instruments, Gain (Loss) [Line Items]  
Summary Of Obliged To Issue Warrants Shares

Milestone (days after issuance)

Warrant Shares based on fully diluted Ordinary Shares of the Company as of June 30, 2023

 

180 days

 

1.00

%

210 days

 

1.17

%

240 days

 

1.33

%

270 days

 

1.50

%

300 days

 

1.67

%

330 days

 

1.83

%

360 days

 

2.50

%

Schedule of Assumptions Used in Calculating Estimated Fair Value of The Warrants Due

Assumptions used in calculating estimated fair value of the Forward Purchase Agreement as of June 30, 2024 are as follows:

 

Volatility

 

 

 

 

 

 

 

59.30

%

Risk-free rate

 

 

 

 

 

 

 

4.14

%

Dividend yield

 

 

 

 

 

 

 

0.00

%

Strike price

 

 

 

 

 

 

 

10.77

 

Remaining term (years)

 

 

 

 

 

 

0.75 year

 

Warrants  
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of Assumptions Used in Calculating Estimated Fair Value of The Warrants Due

The assumptions used in calculating estimated fair value of the warrant due as of June 30, 2024 is as follows:

 

Closing price

 

 

 

 

 

 

$

2.22

 

Risk Free rate

 

 

 

 

 

 

 

4.33

%

Dividend Yield

 

 

 

 

 

 

 

0

%

Volatility

 

 

 

 

 

 

 

150.25

%

Expected Life of the option

 

 

 

 

 

 

4.5 years