Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.24.3
Condensed Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 480,735 $ 1,292,907
Prepaid insurance 222,270 222,270
Prepaid expenses 181,179 22,816
Total Current Assets 891,687 1,537,993
Long term prepaid insurance 31,665 197,912
Marketable securities in Trust Account 176,592,012 170,856,457
Total Assets 177,515,365 172,592,362
Current liabilities:    
Accrued expenses 373,556 119,357
Accrued offering costs 85,716
Total Current Liabilities 373,556 205,073
Deferred underwriting fee payable 5,950,000 5,950,000
TOTAL LIABILITIES 6,323,556 6,155,073
Commitments and Contingencies (Note 6)
Shareholders’ Deficit    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital
Accumulated deficit (5,400,628) (3,563,136)
Total Shareholders’ Deficit (5,400,203) (3,562,711)
Total Liabilities and Shareholders’ Deficit 177,515,365 172,592,362
Sponsor    
Current assets    
Due from Sponsor 7,503
Class A Ordinary Shares    
Current liabilities:    
Class A Ordinary Shares subject to possible redemption, 17,000,000 shares at redemption value of $10.39 and $10.00 per share at September 30, 2024 and December 31, 2023, respectively 176,592,012 170,000,000
Shareholders’ Deficit    
Ordinary shares value
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares value $ 425 $ 425