v3.24.3
Consolidated Statements of Cash Flows - USD ($)
7 Months Ended 9 Months Ended 10 Months Ended
Sep. 30, 2023
Sep. 30, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 570,338 $ 2,428,474 $ 1,484,790
Adjustment to reconcile net loss to net cash used in operating activities      
Interest reinvested held in Trust Account (760,871) (2,818,129) (1,729,358)
Changes in current assets and liabilities:      
Accrued offering costs and expenses 93,383 160,094 6,714
Accrued expenses – related party 40,445  
Prepaid expenses (120,720) 34,050 (79,481)
Net cash used in operating activities (217,870) (155,066) (292,085)
Cash flows from investing activities:      
Investments of cash into Trust Account (69,690,000) (69,690,000)
Net cash used in investing activities (69,690,000) (69,690,000)
Cash flows from financing activities:      
Proceeds from issuance of founder shares 2,520 2,520
Proceeds from sale of ordinary shares 69,000,000 69,000,000
Proceeds from Private Placement 3,615,000 3,615,000
Payments of underwriter’s discount (1,725,000) (1,725,000)
Proceeds from Private Placement (151,318)  
Payments to related party     (151,318)
Payment of offering costs (332,204) (332,204)
Net cash provided by financing activities 70,408,998 70,408,998
Net change in cash 501,128 (155,066) 426,913
Cash at beginning of period 426,913
Cash at the end of period 501,128 271,847 426,913
Supplemental disclosure of noncash financing activities      
Subsequent measurement of ordinary shares subject to possible redemption (income earned on Trust Account) 760,871 2,818,129 1,729,358
Offering cost paid by target company 75,000  
Offering costs paid by Sponsor in exchange for issuance of ordinary shares 25,000 25,000
Offering costs adjusted from prepaid expenses 894 894
Offering costs charged to Additional Paid-in Capital 1,518,898 1,593,898
Reclassification of ordinary shares subject to redemption 65,236,367 65,236,367
Allocation of offering costs to ordinary shares subject to redemption 3,066,958 3,137,868
Remeasurement adjustment on ordinary shares subject to possible redemption $ 7,520,591 7,591,500
Related Party [Member]      
Changes in current assets and liabilities:      
Accrued expenses – related party     $ 25,250