v3.25.2
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (Details) - Iris - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2025
Dec. 26, 2024
Oct. 31, 2024
Oct. 30, 2024
Oct. 23, 2024
Jul. 23, 2024
Jul. 22, 2024
May 02, 2024
Mar. 09, 2021
Jan. 31, 2024
Nov. 30, 2022
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Mar. 04, 2025
Feb. 03, 2025
Dec. 20, 2024
Nov. 27, 2024
Sep. 05, 2024
Aug. 02, 2024
Mar. 07, 2024
Sep. 07, 2023
Dec. 31, 2022
Dec. 20, 2022
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Deferred underwriting fee payable                       $ 9,660,000 $ 9,660,000                      
Investment of cash into trust account                       31,406 189,139 $ 120,516                    
Redemption period upon closure                 51 months                              
Obligation to redeem public shares if entity does not complete a business combination (as a percent)                 100.00%                              
Redemption of shares calculated based on business days prior to consummation of business combination (in days)                 2 days                              
Cash and Investments held in Trust Account                       $ 1,345,389 $ 2,016,274 $ 4,291,332                    
Threshold business days for redemption of public shares   10 days                                            
Maximum net interest to pay dissolution expenses   $ 100,000                                            
Cash redemption price                       $ 9.51 $ 10.07 $ 9.96                    
Recovery of excess redemptions for federal tax payment                         $ 294,669                      
Publicly held threshold shares requirement               500,000                                
Restricted cash                       $ 27,347 12,347 $ 85,084                    
Working capital                       8,778,564 7,868,773                      
Operating bank account                       62,242 65,343                      
Working capital loans outstanding                       $ 0 $ 0                      
Subsequent event                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Exercise price of warrants $ 11.5                                              
Aggregate redemption amount                               $ 739,195                
Common stock, par value (in dollars per share) $ 0.0001                                              
Class B common stock                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Common stock, par value (in dollars per share)                       $ 0.0001 $ 0.0001 $ 0.0001                    
Class A common stock subject to possible redemption                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Applicable tax amount                                         $ 60,000      
Class A common stock subject to possible redemption                       $ 1,089,868 $ 1,756,468 $ 4,049,650                 $ 15,127,621  
Cash and Investments held in Trust Account                         $ 2,016,274 $ 4,291,332                    
Common stock exercised                             59,844   64,453   48,107   119,572 1,006,495   26,186,896
Cash redemption price                       $ 9.51 $ 10.07 $ 9.96 $ 11.74   $ 11.47   $ 11.17   $ 10.58 $ 10.29   $ 10.08
Aggregate redemption amount                             $ 702,359   $ 739,195   $ 537,200     $ 10,358,754   $ 263,963,913
Stock subject to possible redemption                       114,633 174,477 406,609 114,633   174,477   238,930   287,037 406,609   1,413,104
Recovery of excess redemptions for federal tax payment                   $ 294,669                            
Redemptions left in trust                                     $ 537,200   $ 1,265,669      
Liminatus                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Aggregate consideration to be paid transactions         17,500,000                                      
Common stock, par value (in dollars per share)         $ 10                                      
Liminatus | Subsequent event                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Aggregate consideration to be paid transactions 19,000,000                                              
Related party                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Promissory note                       $ 1,453,720 $ 1,453,720 $ 1,452,381                    
Liminatus                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Aggregate principal amount                                   $ 5,000,000   $ 3,500,000        
Promissory note                       $ 4,243,500 3,668,500 818,500                    
PIPE Equity Subscription Agreement                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Aggregate purchase price of shares in subscription agreement     $ 15,000,000 $ 25,000,000   $ 25,000,000 $ 15,000,000                                  
Capital shares reserve for issuance     1,500,000 2,500,000   2,500,000 1,500,000                                  
Stock purchase price per share                     $ 10                          
Consideration received                     $ 15,000,000                          
PIPE investor has committed to purchase shares                     1,500,000                          
Equity subscription agreement                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Percentage of purchase convertible notes                     8.00%                          
Aggregate principal amount                     $ 25,000,000                          
After closing term of business combination                     3 years                          
Initial conversion price                     $ 11.5                          
Equity subscription agreement | Subsequent event                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Common stock exercised                             59,844                  
Cash redemption price                             $ 11.74                  
Redemptions left in trust                             $ 702,359                  
Second extension amendment | Liminatus                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Aggregate consideration to be paid transactions                     17,500,000                          
Aggregate equity consideration price                     $ 10                          
IPO                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Number of units issued                 27,600,000                              
Unit price per unit                 $ 10                              
Gross proceeds from sale of units                 $ 276,000,000                              
Transaction costs                 15,627,893                              
Underwriting discount                 5,520,000                              
Deferred underwriting fee payable                 9,660,000                              
Other offering costs                 447,893                              
Transaction costs allocated to warrants                 606,622                              
Transaction costs included in equity                 15,021,271                              
Investment of cash into trust account                 $ 276,000,000                              
Redemption period upon closure                 56 months                              
Applicable tax amount                         $ 248,523 $ 241,682                    
Private Placement                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Number of warrants to purchase shares issued                 5,013,333                              
Exercise price of warrants                 $ 1.5                              
Gross proceeds from issuance of warrants                 $ 7,520,000                              
Private Placement | Warrants                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Number of warrants to purchase shares issued                 1                              
Exercise price of warrants                 $ 11.5                              
Over-allotment option                                                
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS                                                
Number of units issued                 3,600,000