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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
Current Assets:      
Cash $ 90,868 $ 367,321 $ 33,478
Other current assets 27,883 66,950
Investments held in the Trust Account 16,541,342  
Total Current Assets 16,660,093 434,271 33,478
Investments held in the Trust Account 47,360,604 60,765,154
Deferred offering costs   234,428
Total Assets 64,020,697 61,199,425 267,906
Current liabilities:      
Accrued expenses and other payable 1,233,262 395,506 14,208
Deposit from the target company 330,969 330,969
Class A ordinary shares to be redeemed [1] 16,541,342  
Total Current Liabilities 19,891,273 816,475 309,208
Derivative warrant liability – private warrant 9,300 8,900
Deferred underwriting commission 2,012,500 2,012,500
Total Liabilities 21,913,073 2,837,875 309,208
COMMITMENTS AND CONTINGENCIES (Note 6)  
Class A ordinary shares subject to possible redemption 47,360,604 58,997,725
Shareholders’ Deficit:      
Preferred shares
Additional paid-in capital   24,856
Accumulated deficit (5,253,158) (636,353) (66,302)
Total Shareholders’ Deficit (5,252,980) (636,175) (41,302)
Total Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 64,020,697 61,199,425 267,906
Related Party      
Current liabilities:      
Due to a related party 180,000 90,000
Promissory note – related party 1,605,700 295,000
Class A Ordinary Shares      
Shareholders’ Deficit:      
Ordinary shares 34 34
Class B Ordinary Shares      
Shareholders’ Deficit:      
Ordinary shares $ 144 $ 144 [2] $ 144 [2]
[1] In connection with the Extraordinary General Meeting of shareholders to vote on extending the Combination Period, on September 26, 2024, 1,492,646 Class A ordinary shares were redeemed at a per share price of $11.08. On October 4, 2024, $16,541,342 was paid from the Trust Account to redeeming shareholders in connection with the extension. As a result, the Company has recorded a liability of $16,541,342 as Class A ordinary shares to be redeemed and reduced Class A ordinary shares subject to possible redemption as of September 30, 2024 on the unaudited condensed consolidated balance sheet.
[2] As of December 31, 2022, this number includes an aggregate of up to 187,500 shares of Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). On March 28, 2023, the over-allotment option was fully exercised.