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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
SCHEDULE OF COMMON STOCK SUBJECT TO REDEMPTION

As of June 30, 2024, the common stock subject to redemption reflected in the balance sheet are reconciled in the following table:

 

  

As of

June 30, 2024

 
Gross proceeds  $115,000,000 
Less:     
Proceeds allocated to Public Rights   (2,415,000)
Common stock issuance cost   (7,571,317)
Plus:     
Remeasurement of carrying value to redemption value   11,751,163 
Common stock subject to possible redemption, June 30, 2024  $116,764,846 
SCHEDULE OF BASIC AND DILUTED NET LOSS PER COMMON STOCK

The following table reflects the calculation of basic and diluted net income (loss) per common stock (in dollars, except per share amounts):

 

   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable 
   For the Three Months Ended June 30,   For the Nine Months Ended June 30, 
   2024   2023   2024   2023 
   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable 
Basic net income (loss) per share of common stock:                                        
Numerator:                                        
Allocation of net income (loss)  $813,055   $300,412   $   $(48)  $452,664   $378,666   $   $(144)
Denominator:                                        
Weighted-average shares outstanding   11,500,000    4,249,090        2,820,513    3,959,707    3,312,404        2,820,513 
Basic net income (loss) per common stock  $0.07   $0.07   $   $(0.00)  $0.11   $0.11   $   $(0.00)

 

   For the Three Months Ended June 30,   For the Nine Months Ended June 30, 
   2024   2023   2024   2023 
   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable   Redeemable   Non-redeemable 
Diluted net income (loss) per share of common stock:                                        
Numerator:                                        
Allocation of net income (loss)  $813,055   $300,412   $   $(48)  $436,031   $395,299   $   $(144)
Denominator:                                        
Weighted-average shares outstanding   11,500,000    4,249,090        2,820,513    3,959,707    3,589,806        2,820,513 
Diluted net income (loss) per common stock  $0.07   $0.07   $   $(0.00)  $0.11   $0.11   $   $(0.00)