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Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 169,659 $ 163,718
Prepaid expenses 16,613 209,750
Total current assets 186,272 373,468
Investments and cash held in Trust Account 112,683,509 109,573,279
Total Assets 112,869,781 109,946,747
Current liabilities:    
Accounts payable 2,331 107,223
Accrued expenses 2,003,621 1,204,161
Advances from Webull 1,383,537
Sponsor Note 1,720,000 380,000
Overfunding loan 5,240,000
Total current liabilities 10,349,489 1,691,384
Non-current liabilities:    
Overfunding loan 5,240,000
Deferred underwriting and advisory fees 7,336,000 7,336,000
Total non-current liabilities 7,336,000 12,576,000
Total liabilities 17,685,489 14,267,384
Commitments and Contingencies
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 990,000 shares authorized; none issued or outstanding as of December 31, 2024 and 2023
Additional paid-in capital
Accumulated deficit (17,399,741) (13,794,440)
Total shareholders’ deficit (17,399,217) (13,793,916)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 112,869,781 109,946,747
Class A Ordinary Shares    
Non-current liabilities:    
Class A ordinary shares, $0.0001 par value; 9,000,000,000 shares authorized; 9,732,960 and 10,056,597 shares subject to possible redemption at approximately $11.57 and $10.89 per share as of December 31, 2024 and 2023, respectively 112,583,509 109,473,279
Shareholders’ Deficit:    
Common stock, value
Class B Ordinary Shares    
Shareholders’ Deficit:    
Common stock, value $ 524 $ 524