XML 30 R16.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Summary of reconciliation of Class A common stock subject to possible redemption
The Class A Common Stock subject to possible redemption reflected on the accompanying balance sheets as of December 31, 2023 and 2022 is reconciled in the following table:
 
Class A Common Stock subject to possible redemption
     
    
Shares
    
Amount
 
January 1, 2022
  
 
11,500,000
 
  
$
116,725,000
 
Plus:
     
Remeasurement of carrying value to redemption value
     —         1,012,665  
  
 
 
    
 
 
 
December 31, 2022
  
 
11,500,000
 
  
$
117,737,665
 
  
 
 
    
 
 
 
January 1, 2023
  
 
11,500,000
 
  
$
117,737,665
 
Less:
     
Redemptions
     (10,301,658      (107,607,366
)
 
Plus:
     
Remeasurement of carrying value to redemption value
     —         2,793,358  
  
 
 
    
 
 
 
December 31, 2023
  
 
1,198,342
 
  
$
12,923,657
 
  
 
 
    
 
 
 
Summary of Reconciliation of Net Income Per Ordinary Share
 
  
For the Year Ended

December 31, 2023
 
  
For the Year Ended

December 31, 2022
 
 
  
Redeemable
Class A
 
  
Non-redeemable

Class A and
Class B
 
  
Redeemable
Class A
 
  
Non-redeemable

Class A and
Class B
 
Basic and diluted net income (loss) per share
          
Numerator:
          
Allocation of net income (loss), as adjusted
   $ 1,017,839      $ 509,756      $ (1,153,851   $ (288,463
Denominator:
          
Basic and diluted weighted average shares outstanding
     5,740,571        2,875,000        11,500,000       2,875,000  
Basic and diluted net income (loss) per share
   $ 0.18      $ 0.18      $ (0.10   $ (0.10