SCHEDULE OF CONTINGENTLY REDEEMABLE CLASS A COMMON STOCK (Details) - USD ($) |
9 Months Ended | 12 Months Ended | |
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Mar. 31, 2025 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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Accounting Policies [Abstract] | |||
Gross proceeds | $ 78,000,000 | ||
Transaction costs allocated to ordinary shares | (4,599,397) | ||
Proceeds allocated to Public Rights and Warrants | (8,275,800) | ||
Redemption of ordinary shares | $ (6,502,636) | $ (8,621,702) | (58,312,401) |
Current period measurement adjustment of ordinary shares to redemption value | 950,445 | 1,971,571 | 15,989,837 |
Ordinary shares subject to possible redemption | $ 10,599,917 | $ 16,152,108 | $ 22,802,239 |
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- Definition Proceeds allocated to public warrants. No definition available.
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- Definition Temporary equity gross proceeds. No definition available.
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- Definition Temporary equity gross proceeds net. No definition available.
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- Definition Temporary equity remeasurement adjustment of carrying value to redemption value. No definition available.
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- Definition Transaction costs allocated to ordinary shares. No definition available.
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- References No definition available.
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- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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