Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.24.1
BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash $ 320,144 $ 288,081
Prepaid expense 26,481 473,993
Total Current Assets 346,625 762,074
Prepaid expense-noncurrent   22,882
Investments held in Trust Account 83,854,821 225,084,808
Total Assets 84,201,446 225,869,764
Current Liabilities:    
Accrued offering expense and expenses 546,000 463,045
Promissory Note - Related Party 1,500,000  
Due to related parties $ 27,801 $ 113,184
Other Liability, Current, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Total Current Liabilities $ 2,073,801 $ 576,229
Warrant liability 550,320 807,136
Deferred underwriting commissions 3,000,000 7,675,500
Total Liabilities 5,624,121 9,058,865
Commitments Contingencies (Note 6)
Shareholders' Deficit    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Accumulated deficit (5,278,244) (8,274,657)
Total Shareholders' Deficit (5,277,496) (8,273,909)
Total Liabilities, Shares Subject to Redemption and Shareholders' Deficit 84,201,446 225,869,764
Class A Ordinary Shares    
Current Liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value; 7,699,729 shares at redemption value of $10.89 per share and 21,930,000 shares at redemption value of $10.26 per share at December 31, 2023 and 2022, respectively 83,854,821 225,084,808
Class B Ordinary Shares    
Shareholders' Deficit    
Ordinary shares $ 748 $ 748