Annual report pursuant to Section 13 and 15(d)

RECURRING FAIR VALUE MEASUREMENTS (Tables)

v3.24.2
RECURRING FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2023
RECURRING FAIR VALUE MEASUREMENTS  
Summary of assets and liabilities that are measured at fair value on a recurring basis

December 31, 2023

 

Level 1

 

 

Level 2

 

 

Level 3

 

Liabilities:

 

 

 

 

 

 

 

 

 

Public Warrants

 

$ 1,725,000

 

 

$ -

 

 

$ -

 

Private Warrants

 

 

-

 

 

 

-

 

 

 

1,754,807

 

Total Liabilities

 

$ 1,725,000

 

 

$ -

 

 

$ 1,754,807

 

December 31, 2022

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets

 

 

 

 

 

 

 

 

 

Investments held in Trust Account

 

$ 356,976,495

 

 

$ -

 

 

$ -

 

Total Assets

 

$ 356,976,495

 

 

$ -

 

 

$ -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Public Warrants

 

$ 1,093,650

 

 

$ -

 

 

$ -

 

Private Warrants

 

 

-

 

 

 

-

 

 

 

1,125,515

 

Total Liabilities

 

$ 1,093,650

 

 

$ -

 

 

$ 1,125,515

 

Summary of simulation model for the private placement warrants and public warrants

 

 

December 31,

2023

 

 

December 31,

2022

 

 

 

 

 

 

 

 

Share price

 

$ 10.85

 

 

$ 10.27

 

Strike price

 

$ 11.50

 

 

$ 11.50

 

Term (in years)

 

 

1.48

 

 

 

5.41

 

Volatility

 

 

0.7 %

 

 

7.8 %

Risk-free rate

 

 

4.52 %

 

 

4.74 %

Dividend yield

 

 

0

 

 

 

0

 

Summary Of Reconciliation Of Changes In Fair Value Of warrant Liabilities

 

 

Private

Placement

 

 

Public

 

 

Warrant

Liabilities

 

Fair value as of December 31, 2022

 

$ 1,125,515

 

 

$ -

 

 

$ 1,125,515

 

Change in fair value

 

 

629,292

 

 

 

-

 

 

 

629,292

 

Fair value as of December 31, 2023

 

$ 1,754,807

 

 

$ -

 

 

$ 1,754,807