XML 56 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 83,227 $ 138,283
Prepaid expenses 6,670 15,848
Due from related party 31,849 31,849
Other receivable, net of reserve for credit losses of $505,000 0 0
Marketable securities held in Trust Account 16,053,202 51,976,918
Total current assets 16,174,948 52,162,898
Total Assets 16,174,948 52,162,898
Current liabilities:    
Accounts payable 330,180 132,349
Accrued expenses 968,615 471,830
Promissory note – related party 2,750,000 1,230,000
Accrued interest – related party 129,630 28,288
Deferred underwriting commissions 6,641,250 6,641,250
Total current liabilities 10,819,675 8,503,717
Total Liabilities 10,819,675 8,503,717
Commitments and Contingencies (Note 7)
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized, 1,372,687 and 4,772,187 and shares subject to redemption as of December 31, 2024 and 2023, respectively 16,053,202 51,976,918
Shareholders' Deficit:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Additional paid-in capital 0 0
Accumulated deficit (10,698,403) (8,318,211)
Total Shareholders' Deficit (10,697,929) (8,317,737)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 16,174,948 52,162,898
Common Class A [Member]    
Shareholders' Deficit:    
Ordinary shares 474 474
Common Class B [Member]    
Shareholders' Deficit:    
Ordinary shares $ 0 $ 0