XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash $ 565,813 $ 610,185
Prepaid expenses and other assets 84,860 108,212
Total Current Assets 650,673 718,397
Investments held in Trust Account 71,426,230 70,506,524
Total Assets 72,076,903 71,224,921
Current Liabilities    
Due to related party - administrative fee 58,710 28,710
Accounts payable and accrued expenses 35,654 18,254
Franchise tax payable 16,200 14,378
Income tax payable 361,705 170,649
Total Current Liabilities 472,269 231,991
Deferred underwriting fee payable 2,415,000 2,415,000
Total Liabilities 2,887,269 2,646,991
Common stock subject to possible redemption, $0.0001 par value; 20,000,000 shares authorized; 6,900,000 shares issued and outstanding at redemption value of $10.29 and $10.19 as of March 31, 2024 and December 31, 2023, respectively 71,032,797 70,321,524
Stockholders’ Deficit    
Common stock, $0.0001 par value; 20,000,000 shares authorized; 2,047,045 shares issued and outstanding (excluding 6,900,000 shares subject to possible redemption) 204 204
Additional paid-in capital
Accumulated deficit (1,843,367) (1,743,798)
Total Stockholders’ Deficit (1,843,163) (1,743,594)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 72,076,903 $ 71,224,921