v3.25.1
SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 9 –SEGMENT INFORMATION 

 

The CODM assesses performance for the single segment and decides how to allocate resources based on net (loss) income that also is reported on the statements of operations as net (loss) income . The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net (loss) income and total assets, which include the following:

 

  

As of

December 31, 2024

  

As of

December 31, 2023

 
Cash  $769   $37 
Investments held in Trust Account   10,208,877    51,200,344 

 

  

For the Year ended

December 31, 2024

  

For the Year ended

December 31, 2023

 
Formation, general and administrative expenses  $1,622,093   $1,993,129 
Interest earned on Investments held in Trust Account   1,406,139    4,486,207 

 

The CODM reviews interest earned on Investments held in Trust Account to measure and monitor stockholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

 

Formation, general and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews formation, general and administrative expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Formation, general and administrative expenses as reported on the statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

 

All other segment items included in net (loss) income are reported on the statements of operations and described within their respective disclosures.