UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | |
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Mar. 31, 2024 |
Mar. 31, 2023 |
|
General and administrative expenses | $ 88,584 | $ 420,692 |
Loss from operations | (88,584) | (420,692) |
Other income: | ||
Interest earned on investment held in Trust Account | 669,171 | 3,787,699 |
(Loss) on promissory note - related party | (7,306) | 0 |
Debt forgiveness | 1,606,901 | 0 |
Change in fair value of warrant liabilities | 1,272,819 | (1,190,238) |
Total other income, net | 3,541,585 | 2,597,461 |
Net income | $ 3,453,001 | $ 2,176,769 |
Class A Redeemable Ordinary Shares [Member] | ||
Other income: | ||
Weighted average shares outstanding of Class A redeemable ordinary shares | 5,170,599 | 34,500,000 |
Basic and diluted net income per share, Class A redeemable ordinary shares | $ 0.25 | $ 0.05 |
Class B Non Redeemable Ordinary Share [Member] | ||
Other income: | ||
Weighted average shares outstanding of Class B non-redeemable ordinary shares | 8,625,000 | 8,625,000 |
Basic and diluted net income per share, Class B non-redeemable ordinary shares | $ 0.25 | $ 0.05 |
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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