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Fair Value Measurements (Tables)
9 Months Ended 12 Months Ended
Feb. 29, 2024
Dec. 31, 2023
Fair Value Measurements [Abstract]    
Schedule of Fair Value Hierarchy of the Valuation Inputs the Company Utilized to Determine such Fair Value The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of February 29, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description  Amount at
Fair Value
   Level 1   Level 2   Level 3 
February 29, 2024                
Liabilities                
Derivative Liability - Forward Purchase Agreement  $20,622   $
   $
   $20,622 
The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description  Amount at
Fair Value
   Level 1   Level 2   Level 3 
December 31, 2023                
Assets                
Investments held in Trust Account:                
U.S. Treasury Securities  $121,961,421   $121,961,421   $
   $
 
Liabilities                    
Derivative liabilities - Forward Purchase Agreement  $2,650,000   $
   $
   $2,650,000 
Schedule of Level 3 Fair Value Measurements Inputs The following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates:
   February 29,
2024
 
Redemption Price  $10.61 
Stock Price  $1.25 
Volatility   53%
Term (years)   2.43 
Risk-free rate   4.12%
   As of
December 31,
2023
   As of
August 15,
2023
 
Redemption Price  $10.61   $10.43 
Stock price  $8.32   $10.49 
Volatility   53.0%   56.0%
Term (years)   2.62    3.00 
Risk-free rate   4.09%   4.64%
Schedule of Fair Value of the Assets and Liabilities The change in the fair value of the assets and liabilities, measured with Level 3 inputs, for the nine months ended February 29, 2024 is summarized as follows:
   February 29,
2024
 
Fair value Derivative Liability as of date of Business Combination  $16,596 
Change in fair value of Forward Purchase Agreement  $4,026 
Fair value as of Derivative Liability February 29, 2024  $20,622 
The change in the fair value of the assets and liabilities, measured with Level 3 inputs, for the year ended December 31, 2023 is summarized as follows:
Fair value as of August 15, 2023 (inception)  $8,810,000 
Change in fair value of derivative liabilities   (6,160,000)
Fair value as of December 31, 2023  $2,650,000