Promissory Notes	12 Months Ended
Dec. 31, 2023
Promissory Notes
Promissory Notes	Note 5 — Promissory Notes Pursuant the Non-bind LOI entered into by and between the Company and the Target on October 17, 2023, in connection with a potential Business Combination with the Target. The Target has agreed to deposit the agreed reasonable amount to the Company’s Trust Account in order to effectuated extension of the Company’s deadline to consummate a Business Combination. The Target had deposited a total of three-Monthly Extension Fee, each in the amount of $70,000, from October through December 2023, or an aggregate of $210,000, to the Trust Account of the Company to extend the deadline for the Company to complete the Business Combination contemplated therein by January 27, 2024. Each Monthly Extension Payment from the Target was evidenced by an unsecured promissory note (collectively, the “Target Extension Notes”) issued by the Company to the Target. The Target Extension Note bears no interest and is payable in full upon the earlier to occur of (i) the consummation of the Company’s initial Business Combination or (ii) the date of expiration of the term of the Company (the “Maturity Date”). As the payee of the Target Extension Note, the Target, has the right, but not the obligation, to convert the Target Extension Note, in whole or in part, respectively, into private units (the “Extension Units”) of the Company, each consisting of one Ordinary Share, one warrant, and one right to receive one-tenth (1/10) of one Ordinary Share upon the consummation of its initial Business Combination. The number of Extension Units to be received by the payees in connection with such conversion shall be an amount determined by dividing (x) the sum of the outstanding principal amount payable to such payee by (y) $10.00. At Maturity Date, any overdue amounts shall accrue default interest at a rate per annum equal to the interest rate which is the prevailing short term United States Treasury Bill rate, from the date on which such payment is due until the day on which all sums due are received by the Target. As of December 31, 2023, the Company had borrowings of $210,000 under the Target Extension Notes from the Target.

Promissory Notes

12 Months Ended

Dec. 31, 2023

Note 5 — Promissory Notes

Pursuant the Non-bind LOI entered into by and between the Company and the Target on October 17, 2023, in connection with a potential Business Combination with the Target. The Target has agreed to deposit the agreed reasonable amount to the Company’s Trust Account in order to effectuated extension of the Company’s deadline to consummate a Business Combination. The Target had deposited a total of three-Monthly Extension Fee, each in the amount of $70,000, from October through December 2023, or an aggregate of $210,000, to the Trust Account of the Company to extend the deadline for the Company to complete the Business Combination contemplated therein by January 27, 2024. Each Monthly Extension Payment from the Target was evidenced by an unsecured promissory note (collectively, the “Target Extension Notes”) issued by the Company to the Target.

The Target Extension Note bears no interest and is payable in full upon the earlier to occur of (i) the consummation of the Company’s initial Business Combination or (ii) the date of expiration of the term of the Company (the “Maturity Date”). As the payee of the Target Extension Note, the Target, has the right, but not the obligation, to convert the Target Extension Note, in whole or in part, respectively, into private units (the “Extension Units”) of the Company, each consisting of one Ordinary Share, one warrant, and one right to receive one-tenth (1/10) of one Ordinary Share upon the consummation of its initial Business Combination. The number of Extension Units to be received by the payees in connection with such conversion shall be an amount determined by dividing (x) the sum of the outstanding principal amount payable to such payee by (y) $10.00. At Maturity Date, any overdue amounts shall accrue default interest at a rate per annum equal to the interest rate which is the prevailing short term United States Treasury Bill rate, from the date on which such payment is due until the day on which all sums due are received by the Target.

As of December 31, 2023, the Company had borrowings of $210,000 under the Target Extension Notes from the Target.