Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Class A Ordinary Shares Subject to Possible Redemption At September 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  
Plus:        
Remeasurement of carrying value to redemption value     2,266,437  
Class A Ordinary Shares subject to possible redemption, September 30, 2024 (unaudited)   $ 176,592,012  

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
September 30, 2024
    For the
Nine Months Ended
September 30, 2024
 
    Class A     Class B     Class A     Class B  
Basic and diluted net income per share:                        
Numerator:                        
Allocation of net income   $ 1,152,617     $ 288,154     $ 3,803,616     $ 950,904  
                                 
Denominator                                
Weighted-average shares outstanding     17,000,000       4,250,000       17,000,000       4,250,000  
Basic and diluted net income per share   $ 0.07     $ 0.07     $ 0.22     $ 0.22  
    For The
Period From
September 27, 2023
(Inception) Through
September 30, 2023
    For The
Period From
September 27, 2023
(Inception) Through
September 30, 2023
 
    Class A     Class B     Class A     Class B  
Basic and diluted net income per share:                        
Numerator:                        
Allocation of net loss   $     $ 13,359     $     $ 13,359  
                                 
Denominator                                
Weighted-average shares outstanding           3,750,000             3,750,000  
Basic and diluted net income per share   $     $     $     $