SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($) |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2024 |
Mar. 30, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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| Class A ordinary shares subject to redemption | $ 41,389,577 | $ 56,707,840 | ||
| Class A Ordinary Shares Subject To Possible Redemption [Member] | ||||
| Gross Proceeds | $ 345,000,000 | |||
| Proceeds Allocated to Public Warrants | (13,631,224) | |||
| Class A ordinary shares issuance cost | (7,285,997) | |||
| Accretion of carrying value of redemption value | 646,987 | $ 669,171 | 11,203,661 | 32,892,828 |
| Less: redemptions | (16,634,421) | (311,471,428) | ||
| Class A ordinary shares subject to redemption | $ 41,389,577 | $ 57,377,011 | $ 56,707,840 | $ 356,975,607 |
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- Definition Payments of share issuance costs. No definition available.
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- Definition Proceeds allocated to public warrants. No definition available.
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- References No definition available.
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of decrease to net income for accretion of temporary equity to its redemption value to derive net income apportioned to common stockholders. No definition available.
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- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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