v3.25.2
Proposed Business Combination (Tables)
3 Months Ended
Mar. 31, 2025
Proposed Business Combination [Abstract]  
Schedule of Share Exchange Agreements with the Four Korean Domiciled Companies

In February 2025, EMT Sub entered into share exchange agreements with the four Korean domiciled companies included among the Five Entities, under which EMT Sub would acquire:

 

Target  Shares of Target’s common stock   Exchange Ratio   EM Units   Value 
NS World, Co., Ltd. (“NSW”)   289,055    0.0092006    2,659   $12,970,000 
Handa Lab Co., Ltd. (“Handa”)   380,800    0.0040385    1,538   $7,500,000 
KCM Industry Co., Ltd. (“KCM”)   21,666    0.1362832    2,953   $14,400,000 
KMMI, Inc.(“KMMI”)   22,080    0.4086131    9,022   $44,000,000