Initial Public Offering (Tables)

12 Months Ended

Dec. 31, 2023

Initial Public Offering

Schedule of reconcillation of ordinary shares reflected on the blance sheet

Gross proceeds	$	69,000,000
Less:
Proceeds allocated to public rights and warrants		(8,694,000	)
Offering costs of public shares		(4,712,045	)
Plus:
Initial accretion of carrying value to redemption value		14,613,545
Subsequent accretion of carrying value to redemption value		13,351
Ordinary shares subject to possible redemption, December 31, 2022		70,220,851
Less:
Redemptions		(5,925,184	)
Amount transferred to operating account		(100,000	)
Plus:
Subsequent accretion of carrying value to redemption value		3,471,188
Monthly extension fees deposited		280,000
Ordinary shares subject to possible redemption, December 31, 2023	$	67,946,855