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Initial Public Offering
9 Months Ended
Sep. 30, 2024
Initial Public Offering  
Initial Public Offering

Note 3 — Initial Public Offering

 

On October 11, 2023, the Company sold 6,900,000 Units at a price of $10.00 per Unit (including the full exercise of the over-allotment option of 900,000 Units granted to the underwriters), generating gross proceeds of $69,000,000. Each Unit consists of one share of common stock and one-tenth (1/10) of one right (“Public Right”). Each Public Right will convert into one share of common stock upon the consummation of a Business Combination.