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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Measurements [Abstract]  
Schedule of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
   December 31,
2023
   Quoted
Prices In
Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Liabilities:                
Public warrants liability  $448,500   $
   $448,500   $
 
Private placement warrants liability   423,450    
    
    423,450 
   $871,950   $
   $448,500   $423,450 

 

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
   December 31,
2022
   Quoted
Prices In
Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Assets:                
Marketable Securities held in Trust account  $153,980,991   $153,980,991   $
   $
 
   $153,980,991   $153,980,991   $
   $
 
Liabilities:                    
Public warrants liability  $74,750   $
   $74,750   $
 
Private placement warrants liability   70,575    
    
    70,575 
   $145,325   $
   $74,750   $70,575 
Schedule of Changes in the Fair Value of Level 3 Warrant Liabilities The following tables present the changes in the fair value of Level 3 warrant liabilities for the years ended December 31, 2023 and 2022:
   Level 3
Warrant
Liabilities
 
Fair value as of December 31, 2022  $70,575 
Change in fair value   352,875 
Fair value as of December 31, 2023  $423,450 
   Level 3
Warrant
Liabilities
 
Fair value as of December 31, 2021  $3,394,658 
Change in fair value   (3,324,083)
Fair value as of December 31, 2022  $70,575 

 

Schedule of Inputs into the Modified Black Scholes The key inputs into the modified Black Scholes calculation as of December 31, 2023 and 2023 were as follows:
   December 31,
2023
   December 31,
2022
 
Inputs        
Risk-free interest rate   5.04%   4.73%
Expected term (years)   0.73%   1.00%
Expected volatility   4.56%   4.14%
Exercise price  $11.50   $11.50 
Stock price  $10.79   $10.27