XML 75 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets      
Cash $ 96,701 $ 123,870 $ 568,355
Prepaid expenses 26,623 35,596 325,696
Total Current Assets 123,324 159,466 894,051
Other assets 0 0 0
Investments held in Trust Account 4,028,377 6,781,024 10,325,848
TOTAL ASSETS 4,151,701 6,940,490 11,219,899
Current liabilities      
Accounts payable and accrued expenses 412,943 373,758 567,819
Excise tax payable 68,072 38,791 0
Income taxes payable 54,711 70,906 638,962
Total Current Liabilities 535,726 483,455 1,206,781
Deferred legal fees 4,903,409 3,927,583 192,196
Promissory notes – related party 3,070,000 2,225,000  
Working capital loan – related party   2,225,000 200,000
Warrant liability 15,607 7,507 16,380
Deferred underwriting fee payable 15,000,000 15,000,000 15,000,000
Total Liabilities 23,524,742 21,643,545 16,615,357
Commitments and Contingencies (Note 6)
Class A common stock subject to possible redemption, $0.0001 par value; 200,000,000 shares authorized; 637,605 and 1,010,391 shares at $10.63 and $10.37 per share redemption value as of December 31, 2023 and 2022, respectively 4,010,208 6,780,204 10,389,781
Stockholders' Deficit      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Additional paid-in capital 0 0 0
Accumulated deficit (23,384,370) (21,484,380) (15,786,360)
Total Stockholders' Deficit (23,383,249) (21,483,259) (15,785,239)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 4,151,701 6,940,490 11,219,899
Common Stock Class A [Member]      
Current liabilities      
Class A common stock subject to possible redemption, $0.0001 par value; 200,000,000 shares authorized; 637,605 and 1,010,391 shares at $10.63 and $10.37 per share redemption value as of December 31, 2023 and 2022, respectively 4,010,208 6,780,204 10,389,781
Stockholders' Deficit      
Common stock, value 491 491 91
Common Stock Class B [Member]      
Stockholders' Deficit      
Common stock, value $ 630 $ 630 $ 1,030