v3.25.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies  
Summary of class A ordinary shares subject to possible redemption reflected

 

 

Shares

 

 

Amounts

 

Class A ordinary shares subject to possible redemption - December 31, 2022

 

$1,191,437

 

 

$12,226,852

 

Less:

 

 

 

 

 

 

 

 

Payments to Class A ordinary shareholders for redemption of shares

 

 

(771,499)

 

 

(11,347,734)

Plus:

 

 

 

 

 

 

 

 

Due to shareholders paid in 2023

 

 

 

 

 

 

3,262,655

 

Remeasurement of carrying value to redemption value

 

 

-

 

 

 

411,744

 

Class A ordinary shares subject to possible redemption - December 31, 2023

 

 

419,938

 

 

 

4,553,517

 

Less:

 

 

 

 

 

 

 

 

Payments to Class A ordinary shareholders for redemption of shares

 

 

(207,638)

 

 

(2,311,482)

Due to shareholders

 

 

(38,647)

 

 

(428,962)

Plus:

 

 

 

 

 

 

 

 

Remeasurement of carrying value to redemption value

 

 

-

 

 

 

154,623

 

Class A ordinary shares subject to possible redemption – December 31, 2024

 

$173,653

 

 

$1,967,696

 

Summary of basic and diluted net income (loss) per share

 

 

For the year ended

 

 

For the year ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

Class A Redeemable

 

 

Class A Nonredeemable and Class B

 

 

Class A Redeemable

 

 

Class A Nonredeemable and Class B

 

Basic and diluted net income (loss) per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income (loss)

 

$(9,687)

 

$(311,889)

 

$(252,935)

 

$(3,237,028)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average ordinary shares outstanding

 

 

310,585

 

 

 

10,000,000

 

 

 

781,380

 

 

 

10,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income (loss) per ordinary share

 

$(0.03)

 

$(0.03)

 

$(0.32)

 

$(0.32)