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Initial Public Offering (Tables)
12 Months Ended
Dec. 31, 2024
Initial Public Offering  
Schedule of reconcillation of ordinary shares reflected on the blance sheet

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

 

Less:

 

 

 

 

Redemptions

 

 

(50,598,309 )

Plus:

 

 

 

 

Subsequent accretion of carrying value to redemption value

 

 

3,171,545

 

Monthly extension fees deposited

 

 

800,000

 

Ordinary shares subject to possible redemption, December 31, 2024

 

$21,320,091