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Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
General and administrative expenses $ 502,365 $ 416,246 $ 854,946 $ 922,572
General and administrative expenses - related party (80,500) 75,000 (5,500) 150,000
Franchise tax expenses 16,800 50,000 56,200 100,000
Loss from operations (438,665) (541,246) (905,646) (1,172,572)
Other (expense) income:        
Change in fair value of derivative liabilities (124,200) (420,210) (184,210) (596,160)
Change in fair value of Forward Purchase Agreement Liability 117,438 78,334
Stock Compensation Expense (1,109,250)   (1,109,250)
Interest expense – debt discount (229,834) (456,449)
Gain on investments held in Trust Account 139,468 629,757 280,590 2,514,748
Gain on forgiveness of deferred underwriting fee payable 273,110
Total other (expense) income (1,323,816) 326,985 (1,469,319) 2,270,032
(Loss) Income before income tax expense (1,762,481) (214,261) (2,374,965) 1,097,460
Income tax expense (25,760) (169,198) (47,122) (585,450)
Net (loss) income $ (1,788,241) $ (383,459) $ (2,422,087) $ 512,010
Class A Redeemable Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 868,565 2,848,607 934,755 10,327,553
Basic net (loss) income per common share (in Dollars per share) $ (0.26) $ (0.04) $ (0.35) $ 0.03
Class A Non-Redeemable Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 5,100,000 5,100,000 5,100,000 2,861,667
Basic net (loss) income per common share (in Dollars per share) $ (0.26) $ (0.04) $ (0.35) $ 0.03
Class B Common Stock        
Other (expense) income:        
Weighted average shares outstanding, basic (in Shares) 900,000 900,000 900,000 3,166,667
Basic net (loss) income per common share (in Dollars per share) $ (0.26) $ (0.04) $ (0.35) $ 0.03