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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash $ 832,368 $ 1,159,201
Account receivable, net 35,067 28,611
Inventory 1,894 1,977
Other receivables, net 120,082 41,203
Convertible loans receivable - related party, at fair value 739,590
Investment security – related party 3,891
Prepaid expenses 17,542 106,862
Total Current Assets 1,750,434 1,337,854
Non-Current Assets    
Property and equipment, net 36,718 129,230
Cash and marketable securities held in Trust Account 21,346,768
Deposits 406,479 298,324
Investment at cost 14,977
Operating lease right-of-use assets, net 711,458 598,508
Total Non-Current Assets 1,169,632 22,372,830
TOTAL ASSETS 2,920,066 23,710,684
Current Liabilities    
Accounts payable and accrued expenses 446,807 167,354
Accrued commissions 82,154 85,206
Due to related parties, net 685,153 2,323,800
Operating lease liabilities - current 438,011 429,687
Deferred underwriting fee payable 3,018,750
Notes payable - current 269,655
Total Current Liabilities 1,921,780 6,024,797
Non-Current Liabilities    
Operating lease liabilities - non-current 286,759 182,380
Notes payable - non-current 962,640
Total Non-Current Liabilities 1,249,399 182,380
Commitments and Contingencies (Note 15)
Temporary equity:    
Class A common stock subject to possible redemption; 1,976,036 shares (at approximately $10.35 per share) as of December 31, 2023 20,457,011
Stockholders’ Equity    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued and outstanding as of September 30, 2024 and December 31, 2023
Common stock value 2,226 1
Additional paid in capital 4,951,123 9
Accumulated other comprehensive loss (289,586) (197,040)
Accumulated deficit (5,038,656) (2,765,403)
Total HWH International Inc. Stockholders’ deficit (374,893) (2,962,170)
Non-controlling interests 123,780 8,666
Total Stockholders’ Deficit (251,113) (2,953,504)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 2,920,066 23,710,684
Common Stock [Member]    
Stockholders’ Equity    
Common stock value 2,226 1
Total Stockholders’ Deficit 2,226 1
Common Class A [Member]    
Stockholders’ Equity    
Common stock value 47
Common Class A [Member] | Common Stock [Member]    
Stockholders’ Equity    
Total Stockholders’ Deficit 47
Common Class B [Member]    
Stockholders’ Equity    
Common stock value 216
Common Class B [Member] | Common Stock [Member]    
Stockholders’ Equity    
Total Stockholders’ Deficit $ 216