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COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Common Stock Subject To Possible Redemption Abstract    
Summary of common stock subject to possible redemption
The following is a reconciliation of the Company’s common stock subject to possible redemption as of March 31, 2024:
 
 
  
Common
Stock
Subject to
Possible
Redemption
 
Gross proceeds from Initial Public Offering
  
$
69,000,000
 
Less: Proceeds allocated to public warrants and rights
    
(1,236,527
Offering costs allocated to common stock subject to possible redemption
    
(4,791,126
Less: Redemption of common stock in connection with Trust extension
    
(35,995,728
Plus: Accretion on common stock subject to possible redemption
    
9,449,634
 
  
 
 
 
Balance, December 31, 2023
    
36,426,253
 
Plus: Accretion on common stock subject to possible redemption
    
340,351
 
  
 
 
 
Balance, March 31, 2024
  
$
36,766,604
 
  
 
 
 
The following is a reconciliation of the Company’s common stock subject to possible redemption as of December 31, 2023:
 
    
Common

Stock

Subject to

Possible

Redemption
 
Gross proceeds from Initial Public Offering
  
$
69,000,000
 
Less: Proceeds allocated to public warrants and rights
    
(1,236,527
Offering costs allocated to common stock subject to possible redemption
    
(4,791,126
Less: Redemption of common stock in connection with Trust extension
    
(35,995,728
Plus: Accretion on common stock subject to possible redemption
    
9,449,634
 
  
 
 
 
Balance, December 31, 2023
  
$
36,426,253