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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Activity
The following table provides a summary of RSU activities during the nine months ended September 30, 2024:
Number of RSUs
Weighted Average Grant-Date Fair Value
Granted and unvested at December 31, 2023— $— 
Granted
772,026 17.13 
Vested
— — 
Forfeited
(6,175)17.00 
Granted and unvested at September 30, 2024765,851 $17.13 
Schedule of PSU Activity
The following table provides a summary of PSU activity during the nine months ended September 30, 2024:
Number of PSUs
Weighted Average Grant-Date Fair Value
Granted and unvested at December 31, 2023— $— 
Granted129,411 10.04 
Vested— — 
Forfeited— — 
Granted and unvested at September 30, 2024129,411 $10.04 
Schedule of Valuation Assumptions
The following table summarizes the significant inputs used in the Monte Carlo simulation model to determine the grant-date fair value of the PSUs awarded:

Inputs
Expected term (in years)
3.0
Expected volatility
27.0%
Expected dividend yield
—%
Risk-free interest rate
4.6%
Schedule Of Share Based Payment Award Warrants Valuation Assumptions
The following table summarizes the significant inputs used in the Black-Scholes-Merton pricing models to determine the grant-date fair value of the Warrants issued:
Initial Warrants
Overallotment Warrants
Expected term (in years)
10.010.0
Expected volatility
34.0%34.0%
Expected dividend yield
—%—%
Risk-free interest rate
4.4%4.5%