v3.25.1
Business Combination (Tables)
3 Months Ended
Mar. 31, 2025
Business Combination [Abstract]  
Schedule of Shares of Common Stock of Business Combination

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

 

   Class A
Common Stock
   Class B
Common Stock
 
Coliseum Public Shares, outstanding prior to the Business Combination   1,787,112    
-
 
Less: Redemption of Coliseum Class A common stock   (1,063,698)   
-
 
Public shares of Coliseum, including 361,556 shares subject to the Forward Purchase Agreement (as described below)   723,414    
-
 
Coliseum Founder Shares, outstanding prior the Business Combination   3,750,000    
-
 
Coliseum Private Placement Warrants converted to Class A Common shares   806,250    
-
 
Business Combination shares          
RWT Shares   2,125,539    57,752 
Issuance of shares in connection with PIPE   118,557    
-
 
Class A common stock issued for services   5,000    
-
 
Common Stock immediately after the Business Combination   7,528,761    57,752 
Schedule of Number of RWT Shares

The number of RWT shares was determined as follows:

 

   Legacy
RWT Shares
   RWT Shares
after conversion
ratio
 
Preferred Stock   1,232    1,766,554 
Class A Common Stock   250    358,985 
Class B Common Stock   40    57,752 
Total   1,522    2,183,291