| March 31, 2024 | December 31, 2023 | |||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| CURRENT ASSETS: | ||||||||
| Cash | $ | 223,969 | $ | 436,317 | ||||
| Prepaid expenses | 221,547 | 217,255 | ||||||
| Total current assets | 445,516 | 653,572 | ||||||
| Cash held in trust account | 116,806,805 | 115,166,848 | ||||||
| TOTAL ASSETS | $ | 117,252,321 | $ | 115,820,420 | ||||
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||||||||
| CURRENT LIABILITIES: | ||||||||
| Accounts payable | $ | 728,006 | $ | 238,824 | ||||
| Accrued expenses | 32,520 | 379,242 | ||||||
| Total current liabilities | 760,526 | 618,066 | ||||||
| LONG TERM LIABILITIES: | ||||||||
| Promissory notes - related parties | 2,500,000 | 2,000,000 | ||||||
| Derivative warrant liabilities | 1,319,150 | 376,900 | ||||||
| Total long term liabilities | 3,819,150 | 2,376,900 | ||||||
| Total liabilities | 4,579,676 | 2,994,966 | ||||||
| Commitments and contingencies | ||||||||
| Class A ordinary shares subject to possible redemption, 10,608,802 at $11.01 and $10.86 redemption value as of March 31, 2024 and December 31, 2023, respectively | 116,804,313 | 115,164,356 | ||||||
| Shareholders’ deficit: | ||||||||
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | - | - | ||||||
| Class A ordinary shares, $0.0001 par value; 90,000,000 shares authorized; no shares issued and outstanding | - | - | ||||||
| Class B ordinary shares, $0.0001 par value; 10,000,000 shares authorized; 5,750,000 shares issued and outstanding | 575 | 575 | ||||||
| Additional paid-in capital | 1,855,733 | 3,495,690 | ||||||
| Accumulated deficit | (5,987,976) | (5,835,167) | ||||||
| Total shareholders’ deficit | (4,131,668) | (2,338,902) | ||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | $ | 117,252,321 | $ | 115,820,420 | ||||
| 2023 | 2022 | |||||||
| ASSETS | ||||||||
| CURRENT ASSETS: | ||||||||
| Cash | $ | 436,317 | $ | 587,546 | ||||
| Prepaid expenses | 217,255 | 258,535 | ||||||
| Total current assets | 653,572 | 846,081 | ||||||
| Cash and Investments held in trust account | 115,166,848 | 235,933,496 | ||||||
| TOTAL ASSETS | $ | 115,820,420 | $ | 236,779,577 | ||||
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||||||||
| CURRENT LIABILITIES: | ||||||||
| Accounts payable | $ | 238,824 | $ | 99,514 | ||||
| Accrued expenses | 379,242 | 198,580 | ||||||
| Total current liabilities | 618,066 | 298,094 | ||||||
| LONGTERM LIABILITIES: | ||||||||
| Promissory notes - related parties | 2,000,000 | - | ||||||
| Derivative warrant liabilities | 376,900 | 565,350 | ||||||
| Deferred underwriting fee payable | - | 10,350,000 | ||||||
| Total long term liabilities | 2,376,900 | 10,915,350 | ||||||
| Total liabilities | 2,994,966 | 11,213,444 | ||||||
| Commitments and contingencies | ||||||||
| Class A ordinary shares subject to possible redemption, 10,608,802 at $10.86 and 23,000,000 at $10.26 redemption value as of December 31, 2023 and 2022, respectively | 115,164,356 | 235,931,005 | ||||||
| Shareholders’ deficit: | ||||||||
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | - | - | ||||||
| Class A ordinary shares, $0.0001 par value; 90,000,000 shares authorized; no shares issued and outstanding | - | - | ||||||
| Class B ordinary shares, $0.0001 par value; 10,000,000 shares authorized; 5,750,000 shares issued and outstanding | 575 | 575 | ||||||
| Additional paid-in capital | 3,495,690 | - | ||||||
| Accumulated deficit | (5,835,167) | (10,365,447) | ||||||
| Total shareholders’ deficit | (2,338,902) | (10,364,872) | ||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | $ | 115,820,420 | $ | 236,779,577 | ||||
| As of December 31, 2023 | Pro Forma Combined | |||
| Cash and cash equivalents | $ | 3,273,946 | ||
| Ordinary shares | 3,713 | |||
| Subscription receivable | (156) | |||
| Additional paid-in capital | 2,197,276 | |||
| Retained earnings | 11,619,985 | |||
| Total Equity | 13,820,818 | |||
| Debt: | ||||
| Long term payables | 461,550 | |||
| Total capitalization | $ | 13,359,268 | ||
