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RECURRING FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2023
RECURRING FAIR VALUE MEASUREMENTS  
Summary of assets and liabilities that are measured at fair value on a recurring basis

December 31, 2023

 

Level 1

 

 

Level 2

 

 

Level 3

 

Liabilities:

 

 

 

 

 

 

 

 

 

Public Warrants

 

$1,725,000

 

 

$-

 

 

$-

 

Private Warrants

 

 

-

 

 

 

-

 

 

 

1,754,807

 

Total Liabilities

 

$1,725,000

 

 

$-

 

 

$1,754,807

 

December 31, 2022

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets

 

 

 

 

 

 

 

 

 

Investments held in Trust Account

 

$356,976,495

 

 

$-

 

 

$-

 

Total Assets

 

$356,976,495

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Public Warrants

 

$1,093,650

 

 

$-

 

 

$-

 

Private Warrants

 

 

-

 

 

 

-

 

 

 

1,125,515

 

Total Liabilities

 

$1,093,650

 

 

$-

 

 

$1,125,515

 

Summary of simulation model for the private placement warrants and public warrants

 

 

December 31,

2023

 

 

December 31,

2022

 

 

 

 

 

 

 

 

Share price

 

$10.85

 

 

$10.27

 

Strike price

 

$11.50

 

 

$11.50

 

Term (in years)

 

 

1.48

 

 

 

5.41

 

Volatility

 

 

0.7%

 

 

7.8%

Risk-free rate

 

 

4.52%

 

 

4.74%

Dividend yield

 

 

0

 

 

 

0

 

Summary Of Reconciliation Of Changes In Fair Value Of warrant Liabilities

 

 

Private

Placement

 

 

Public

 

 

Warrant

Liabilities

 

Fair value as of December 31, 2022

 

$1,125,515

 

 

$-

 

 

$1,125,515

 

Change in fair value

 

 

629,292

 

 

 

-

 

 

 

629,292

 

Fair value as of December 31, 2023

 

$1,754,807

 

 

$-

 

 

$1,754,807