| Shares Subject to Possible Redemption |
As of June 30, 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 |
|
Redemption
|
|
|
(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
|
|
|
1,537,840 |
|
| Class A ordinary shares subject to possible redemption, June 30, 2024 |
|
$ |
101,592,732 |
|
|
| 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
|
|
|
|
|
|
For the Three Months Ended
|
|
|
|
|
| |
|
June 30,2024 |
|
|
June 30, 2024 |
|
|
June 30, 2023
|
|
|
June 30, 2023 |
|
| |
|
|
|
|
|
|
|
Class A |
|
|
Class B |
|
|
Class A
|
|
|
Class B
|
|
|
Class A
|
|
|
Class B
|
|
|
Basic and diluted net income/(loss) per ordinary share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net income/(loss), as adjusted
|
|
$
|
(1,584,646
|
)
|
|
$
|
(975,724
|
)
|
|
$ |
(2,917,669 |
) |
|
$ |
(1,796,513 |
) |
|
$ |
1,703,734 |
|
|
$ |
425,933 |
|
|
$ |
3,986,709 |
|
|
$ |
996,677 |
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding
|
|
|
|
|
|
|
|
|
|
|
9,338,422 |
|
|
|
5,750,000 |
|
|
|
23,000,000 |
|
|
|
5,750,000 |
|
|
|
23,000,000 |
|
|
|
5,750,000 |
|
|
Basic and diluted net income/(loss) per ordinary share
|
|
|
|
|
|
|
|
|
|
$ |
(0.31 |
) |
|
$ |
(0.31 |
) |
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.17 |
|
|
$ |
0.17 |
|
|