XML 19 R6.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net income $ 575,856 $ 1,143,965
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Unrealized gain on marketable securities held in Trust Account   (1,359,312)
Changes in operating assets and liabilities:    
Prepaid expenses 10,891 (329,113)
Due to related party 30,000 26,129
Accounts payable 19,549 1,261
Accrued expenses 212,265 (728)
Net cash provided by (used in) operating activities 848,561 (517,798)
Cash Flows from Investing Activities:    
Purchase and reinvestment of marketable securities held in Trust Account (1,351,832) (146,625,003)
Proceeds from redemption of marketable securities held in Trust Account 75,921,158  
Net cash provided by (used in) investing activities 74,569,326 (146,625,003)
Cash Flows from Financing Activities:    
Proceeds from issuance of ordinary shares   141,250,000
Proceeds from sale of private placement units   7,625,000
Payment of promissory note - related party   (237,234)
Payment of offering costs   (487,401)
Proceeds from promissory note - related party 150,000  
Redemptions of Class A ordinary shares subject to redemption (75,921,158)  
Net cash (used in) provided by financing activities (75,771,158) 148,150,365
Net Change in Cash and Cash Equivalents (353,271) 1,007,564
Cash and Cash Equivalents - Beginning 671,628 8,305
Cash and Cash Equivalents - Ending 318,357 1,015,869
Non-Cash Investing and Financing Activities:    
Remeasurement of Class A ordinary shares subject to possible redemption $ 1,351,832 13,230,909
Deferred underwriter fee payable   $ 5,406,250