Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.2.u1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Class A Ordinary Shares Subject to Redemption At June 30, 2024 and December 31, 2023, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying condensed balance sheets are reconciled in the following table:
Gross proceeds   $ 170,000,000  
Less:        
Proceeds allocated to Public Warrants     (776,333 )
Class A Ordinary Shares issuance costs     (8,946,814 )
Plus:        
Remeasurement of carrying value to redemption value     9,723,147  
Class A Ordinary Shares subject to possible redemption, December 31, 2023     170,000,000  
Plus:        
Remeasurement of carrying value to redemption value     2,085,155  
Class A Ordinary Shares subject to possible redemption, March 31, 2024 (unaudited)   $ 172,085,155  
Plus:        
Remeasurement of carrying value to redemption value     2,240,420  
Class A Ordinary Shares subject to possible redemption, June 30, 2024 (unaudited)   $ 174,325,575  

 
Schedule of Calculation of Basic and Diluted Net Income Per Ordinary Share The following table reflects the calculation of basic and diluted net income per Ordinary Share:
    For the Three Months Ended
June 30, 2024		     For the Six Months Ended
June 30, 2024		  
    Class A
Ordinary
Shares		     Class B
Ordinary
Shares		     Class A
Ordinary
Shares		     Class B
Ordinary
Shares		  
Basic and diluted net income per Ordinary Share                        
Numerator:                        
Allocation of net income, as adjusted   $ 1,369,733     $ 342,433     $ 2,697,796     $ 674,449  
                                 
Denominator:                                
Basic and diluted weighted average Ordinary Shares outstanding
     17,000,000       4,250,000       17,000,000       4,250,000  
Basic and diluted net income per Ordinary Share
   $ 0.08     $ 0.08     $ 0.16     $ 0.16