RECURRING FAIR VALUE MEASUREMENTS (Details 1) - $ / shares |
1 Months Ended | 12 Months Ended | |
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Jan. 16, 2024 |
Dec. 31, 2023 |
Jun. 30, 2024 |
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RECURRING FAIR VALUE MEASUREMENTS | |||
Share price | $ 10.88 | $ 10.85 | $ 10.20 |
Strike price | $ 11.50 | $ 11.50 | |
Term (in years) | 6 years 4 months 28 days | 1 year 5 months 23 days | |
Volatility | 0.40% | 0.70% | |
Risk-free rate | 4.50% | 4.52% | |
Dividend yield | 0.00% | 0.00% |
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- References No definition available.
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- References No definition available.
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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