STATEMENTS OF OPERATIONS - USD ($) |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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Formation and operating costs | $ 3,430,328 | $ 1,566,455 |
Loss from operations | (3,430,328) | (1,566,455) |
Other income/(expense) | ||
Change in fair value of warrants | (1,260,642) | 17,743,846 |
(Loss) on promissory note - related party | (76,149) | |
Debt forgiveness | 80,059 | 0 |
Interest income - trust account | 9,953,034 | 5,075,607 |
Total other income/(expense) | 8,696,302 | 22,819,453 |
Net income | $ 5,265,974 | $ 21,252,998 |
Class B Non Redeemable Ordinary Share [Member] | ||
Other income/(expense) | ||
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 | $ 0.18 | $ 0.49 |
Class A Redeemable Ordinary Shares [Member] | ||
Other income/(expense) | ||
Weighted average shares outstanding of Class A redeemable ordinary shares | 20,693,851 | 34,500,000 |
Basic and diluted net income per share, Class A | $ 0.18 | $ 0.49 |
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- Definition Decrease for amounts of indebtedness forgiven by the holder of the debt instrument. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/2009/role/commonPracticeRef
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