SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Ordinary Shares Subject to Redemption

At June 30, 2024, the Public Shares subject to redemption reflected in the balance sheet are reconciled in the following table:

Gross proceeds	$	86,250,000
Less:
Class A ordinary shares issuance costs		(4,793,647	)
Plus:
Accretion of carrying value to redemption value		4,703,076
Class A ordinary shares subject to possible redemption, June 30, 2024	$	86,159,429

Basic and Diluted Net (Loss) Income Per Ordinary Share

The following tables reflects the calculation of basic and diluted net (loss) income per ordinary share (in dollars, except per share amounts):

	For the Three Months Ended June 30, 2024				For the Period from March 30, 2024 (Inception) Through June 30, 2024
	Class A Redeemable		Class A and B Non-redeemable		Class A Redeemable		Class A and B Non-redeemable
Basic net income per ordinary share:
Numerator:
Allocation of net income	$	46,409	$	56,466	$	38,357	$	49,121
Denominator:
Basic weighted average ordinary shares outstanding		1,629,167		1,982,194		1,466,250		1,877,725
Basic net income per ordinary share	$	0.03	$	0.03	$	0.03	$	0.03

	For the Three Months Ended June 30, 2024				For the Period from March 30, 2024 (Inception) Through June 30, 2024
	Class A Redeemable		Class A and B Non-redeemable		Class A Redeemable		Class A and B Non-redeemable
Diluted net income per ordinary share:
Numerator:
Allocation of net income	$	43,652	$	59,223	$	35,996	$	51,482
Denominator:
Diluted weighted average ordinary shares outstanding		1,629,167		2,210,319		1,466,250		2,097,100
Diluted net income per ordinary share	$	0.03	$	0.03	$	0.03	$	0.02