v3.25.1
RECAPITALIZATION (Tables)
3 Months Ended
Mar. 31, 2025
RECAPITALIZATION  
Schedule of common stock issued immediately following the consummation of the business combination

The number of shares of Common Stock issued immediately following the consummation of the Business Combination were:

ROCL common stock outstanding prior to the Business Combination

    

11,500,000

Less: Redemption of ROCL common stock

 

(11,162,973)

ROCL common stock

 

337,027

ROCL founder shares outstanding

 

2,325,000

ROCL private shares outstanding

 

461,500

Shares issued to advisors

 

1,125,000

Business combination shares

 

4,248,527

NEH shares

 

8,916,625

Common stock immediately after the Business Combination

 

13,165,152

The number of NEH shares was determined as follows:

NEH Shares

after Conversion

    

NEH Shares

    

Ratio

Common stock

 

8,623,205

 

8,916,625