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v3.24.1.1.u2

Consolidated Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
General and administrative expenses | $ 2,419,328 | $ 1,305,836
Franchise tax expenses | 143,200 | 205,992
Loss from operations | (2,862,528) | (1,511,828)
Other income (expense): |  |
Change in fair value of derivative liabilities | (538,200) | 10,711,300
Change in initial value of Forward Purchase Agreement Liability | 86,369 |
Interest expense – debt discount | (112,054) |
Gain on investments held in Trust Account | 3,117,552 | 3,332,546
Gain on forgiveness of deferred underwriting fee payable | 273,110 |
Total other income, net | 2,826,777 | 14,043,846
(Loss) Income before income tax expense | (35,751) | 12,532,018
Income tax expense | (615,387) | (624,584)
Net (loss) income | $ (651,138) | $ 11,907,434
Class A Redeemable common stock |  |
Other income (expense): |  |
Weighted average shares outstanding, basic (in Shares) | 5,965,080 | 24,000,000
Basic net (loss) income per common share (in Dollars per share) | $ (0.05) | $ 0.4
Class A Non-Redeemable common stock |  |
Other income (expense): |  |
Weighted average shares outstanding, basic (in Shares) | 3,982,192 |
Basic net (loss) income per common share (in Dollars per share) | $ (0.05) |
Class B Common stock |  |
Other income (expense): |  |
Weighted average shares outstanding, basic (in Shares) | 2,017,808 | 6,000,000
Basic net (loss) income per common share (in Dollars per share) | $ (0.05) | $ 0.4
Related Party |  |
General and administrative expenses - related party | $ 300,000 |

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