XML 37 R24.htm IDEA: XBRL DOCUMENT v3.23.3
Related Party Transactions - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended 11 Months Ended
Sep. 28, 2021
Sep. 23, 2021
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2023
Dec. 31, 2021
Aug. 28, 2023
Jul. 25, 2023
Jun. 26, 2023
May 25, 2023
Apr. 27, 2023
Mar. 28, 2023
Feb. 27, 2023
Jan. 25, 2023
Dec. 27, 2022
Nov. 28, 2022
Oct. 26, 2022
Sep. 26, 2022
Related Party Transaction Line Items                                        
Proceeds from issuance of unit $ 225,400,000                                      
Sale of stock price per unit $ 10                                      
Exercise price of warrants   $ 11.5                                    
Holding period of shares for completion of initial business combination             6 months                          
Period after completion of business combination to allow transfer of shares             30 days                          
Warrants transfer restrictions period following consummation of business combination             1 year                          
Note Payable to related party     $ 1,078,977     $ 257,492 $ 1,078,977                          
Debt discount on note payable to related party     62,257       186,369                          
Working Capital Note                                        
Related Party Transaction Line Items                                        
Principal amount     $ 1,065,000       $ 1,065,000     $ 65,000 $ 130,000   $ 65,000 $ 130,000 $ 350,000          
Conversion price     $ 10       $ 10                          
Note Payable to related party     $ 1,078,977       $ 1,078,977                          
Fair value, option, aggregate differences     13,039       16,485                          
Extension Notes                                        
Related Party Transaction Line Items                                        
Principal amount                 $ 100,000 100,000 100,000 $ 100,000 100,000 100,000            
Fair value, option, aggregate differences     $ 1,560,000       1,560,000                          
Debt instrument average market discount rate     9.20% 10.20% 23.40% 26.60%                            
Debt discount on reduction to carrying principle amount             240,403                          
Debt discount on note payable to related party             1,497,263                          
Total interest expenses     $ 60,572       159,752                          
Unamortized debt discount     $ 62,737       $ 62,737                          
Maximum                                        
Related Party Transaction Line Items                                        
Period after initial business combination to allow transfer of shares             90 days                          
Private Placement                                        
Related Party Transaction Line Items                                        
Proceeds from issuance of unit $ 6,900,000                                      
Sale of units description             Each Private Placement Unit consists of one share of the Company’s common stock, par value $0.0001 per share, and one redeemable warrant                          
Private Placement | Working Capital Note                                        
Related Party Transaction Line Items                                        
Sale of units in private placement             106,500                          
Common Stock                                        
Related Party Transaction Line Items                                        
Stock price threshold that allows transfer of shares             $ 11.5                          
Common Stock | Maximum                                        
Related Party Transaction Line Items                                        
Exercise price of warrants     $ 9.2       $ 9.2                          
Common Stock | Private Placement                                        
Related Party Transaction Line Items                                        
Number of shares of common stock per unit     1       1                          
Warrants                                        
Related Party Transaction Line Items                                        
Sale of units description             Each Public Unit consists of one share of the Company’s common stock (a “Public Share”), $0.0001 par value, and one redeemable warrant (a “Public Warrant”).                          
Period after business combination when warrants become exercisable             30 days                          
Period after offering when warrants become exercisable             12 months                          
Warrants exercisable expiration period after completion of business combination             5 years                          
Net cash settlement value of warrants             $ 0                          
Redemption price per warrant     $ 0.01       $ 0.01                          
Minimum period of prior written notice of redemption of warrants             30 days                          
Minimum price per share required for redemption of warrants     $ 18       $ 18                          
Warrants | Private Placement                                        
Related Party Transaction Line Items                                        
Number of shares of common stock per unit     1       1                          
Founders                                        
Related Party Transaction Line Items                                        
Forfeiture of shares   4,312,500                                    
Sale of units in private placement 795,000                                      
Sale of stock price per unit $ 10                                      
Founders | Private Placement                                        
Related Party Transaction Line Items                                        
Sale of units in private placement             795,000                          
Sale of stock price per unit     $ 10       $ 10                          
Number of shares of common stock per unit     1       1                          
Sale of units description             Each Private Placement Unit consists of one share of the Company’s common stock and one warrant (a “Private Placement Warrant”).                          
Exercise price of warrants     $ 11.5       $ 11.5                          
Founders | Common Stock                                        
Related Party Transaction Line Items                                        
Sale of common stock, Shares               5,735,000                        
Proceeds from issuance of unit               $ 25,000                        
Sale of common stock price per share               $ 0.0043592                        
Founders | Warrants | Private Placement                                        
Related Party Transaction Line Items                                        
Period after business combination when warrants become exercisable             30 days                          
Period after offering when warrants become exercisable             12 months                          
Warrants exercisable expiration period after completion of business combination             5 years                          
Sale of units description             (or such lesser period depending upon the number of one-month extensions which occur)                          
Net cash settlement value of warrants             $ 0                          
Redemption price per warrant     0.01       $ 0.01                          
Minimum period of prior written notice of redemption of warrants             30 days                          
Minimum price per share required for redemption of warrants     $ 18       $ 18                          
Mr Weightman                                        
Related Party Transaction Line Items                                        
Forfeiture of shares               5,000                        
Monthly payment for services   $ 2,500                                    
Mr Weightman | Maximum                                        
Related Party Transaction Line Items                                        
Monthly payment for services   $ 15,000                                    
Mr Weightman | Insider Shares Grant Agreements                                        
Related Party Transaction Line Items                                        
Common stock issued in consideration for future service   5,000         5,000 5,000                        
GigManagement, LLC | Office Space, Administrative Services and Secretarial Support                                        
Related Party Transaction Line Items                                        
Payment to affiliate of sponsor             $ 30,000                          
Sponsor | Working Capital Note                                        
Related Party Transaction Line Items                                        
Principal amount                   65,000 $ 130,000   $ 65,000 130,000 350,000 $ 65,000 $ 65,000 $ 65,000 $ 65,000 $ 65,000
Sponsor | Extension Notes                                        
Related Party Transaction Line Items                                        
Principal amount                 $ 160,000 $ 160,000       $ 160,000 $ 160,000 $ 160,000 $ 160,000 $ 160,000 $ 160,000 $ 160,000