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Subsequent Events
3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Note 13 — SUBSEQUENT EVENTS

 

The Company’s management has identified the following subsequent events:

 

Subscription Receivable

 

On May 9, 2024 and May 10, 2024, the Company received $6.0 million owing under the Subscription Agreements.

 

Termination of consultancy agreement

 

On May 1, 2024, the Company terminated the consultancy agreements with the affiliate companies of the CEO and CAO and entered into employment agreements with the CEO and CAO.