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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2023
Fair Value Measurements [Abstract]  
Schedule of Liabilities that are Measured at Fair Value on a Recurring Basis The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis at December 31, 2023 and 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
       December 31,   December 31, 
Description  Level   2023   2022 
Assets:            
Cash and marketable securities held in Trust Account (1)   1   $37,273,384   $239,770,045 
                
Liabilities:               
Public Warrants   1   $378,445   $898,806 
Private Placement Warrants   2    11,665    28,514 
WCL Promissory Note payable – related party, at fair value   3    781,000    206,000 
(1)Measured at fair value on a recurring basis.
Schedule of Private Placement Warrants and Public Warrants The key inputs into the Monte Carlo simulation model for the Private Placement Warrants and Public Warrants were as follows:
Input  July 2,
2021		 
Risk-free interest rate   1.11%
Expected term to consummate the Business Combination (years)   6.49 
Expected Volatility   14.1%
Exercise Price  $11.5 
Stock price  $9.70 

 

The key inputs into the Monte Carlo simulation model for the Private Placement Warrants were as follows at the subsequent measurement date:
   December 31, 
Input  2023   2022 
Risk-free interest rate   3.84%   3.99%
Expected term (years)   5    5 
Expected term to consummate the Business Combination (years)   0.50    0.55 
Expected Volatility   24.0%   25.6%
Exercise Price   11.50    11.50 
Stock price   10.22    9.95 
Schedule of Fair Value of Warrant Liabilities The following table presents the changes in the fair value of Warrant liabilities:
   Private       Warrant 
   Placement   Public   Liabilities 
Fair value as of December 31, 2021  $111,465   $4,020,973   $4,132,469 
                
Change in valuation inputs and other assumptions   (82,951)   (3,122,167)   (3,205,118)
Fair value as of December 31, 2022   28,514    898,806    927,321 
Change in valuation inputs and other assumptions   (16,849)   (520,361)   (537,210)
Fair value as of December 31, 2023  $11,665   $378,445   $390,110