Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.1.1.u2
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2024
Summary of Significant Accounting Policies [Abstract]  
Shares Subject to Possible Redemption

As of March 31, 2024 and December 31, 2023, the Class A ordinary shares subject to possible redemption reflected on the balance sheets are reconciled in the following table:

Class A ordinary shares subject to possible redemption, December 31, 2022
   $
 235,578,275  
Redemptions
     (145,222,585 )
Shareholder redemption payable
     (249,339 )
Accretion of carrying value to redemption value
    
9,948,542
  
Class A ordinary shares subject to possible redemption, December 31, 2023
  
$
100,054,892
  
Accretion of carrying value to redemption value
     450,000  
Class A ordinary shares subject to possible redemption, March 31, 2024   $ 100,504,892  
Reconciliation of Net (Loss) Income Per Ordinary Share

A reconciliation of net (loss) income per ordinary share is as follows:
 
   
For the three months
ended March 31, 2024
    
For the three months
ended March 31, 2023
 
   
Class A
    
Class B
     Class A
    Class B
 
Basic and diluted net (loss)/income per ordinary share
                        
Numerator:
                        
Allocation of net (loss)/income, as adjusted
  
$
(1,333,022
)
  
$
(820,790
)
   $ 2,282,974     $ 570,744  
Denominator:
                                
Basic and diluted weighted average shares outstanding
    
9,338,421
      
5,750,000
       23,000,000       5,750,000  
Basic and diluted net (loss)/income per ordinary share
  
$
(0.14
)
  
$
(0.14
)
   $ 0.10     $ 0.10