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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
4 Months Ended
Jun. 30, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of computation of basic and diluted net loss per share

    

    

  

    

For the Period from

March 11, 2024 (inception)

For the Three Months Ended

Through

June 30, 2024

June 30, 2024

    

Class A

    

Class B

    

Class A

    

Class B

Basic net income per ordinary share:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net income, basic

$

26,666

$

79,637

$

18,633

$

68,535

Denominator:

 

  

 

  

 

  

 

  

Basic weighted average ordinary shares outstanding

 

1,777,778

 

5,309,309

 

1,441,441

 

5,301,923

Basic net income per ordinary share

$

0.01

$

0.01

$

0.01

$

0.01

    

    

  

    

For the Period from

March 11, 2024 (inception)

For the Three Months Ended

Through

June 30, 2024

June 30, 2024

    

Class A

    

Class B

    

Class A

    

Class B

Diluted net income per ordinary share:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net income, diluted

$

25,540

$

80,763

$

18,087

$

69,081

Denominator:

 

  

 

  

 

  

 

  

Diluted weighted average ordinary shares outstanding

 

1,777,778

 

5,621,622

 

1,441,441

 

5,505,550

Diluted net income per ordinary share

$

0.01

$

0.01

$

0.01

$

0.01

Schedule of reconciliation of Class A ordinary shares subject to redemption

    

Shares

    

Amount

Gross proceeds

 

16,000,000

$

160,000,000

Less:

 

  

 

  

Proceeds allocated to Public Warrants

 

 

(2,080,000)

Proceeds allocated to the over-allotment option

 

 

(169,119)

Class A ordinary shares issuance costs

 

 

(10,024,214)

Plus:

 

  

 

  

Accretion of carrying value to redemption value

 

 

12,440,865

Class A ordinary shares subject to possible redemption, June 30, 2024

 

16,000,000

$

160,167,532