COMMITMENTS AND CONTINGENCIES (Details) - Iris |
3 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Mar. 31, 2025
USD ($)
item
|
Dec. 31, 2024
USD ($)
item
|
Jul. 19, 2024
USD ($)
|
Oct. 11, 2023
USD ($)
|
Oct. 10, 2023
USD ($)
|
|
COMMITMENTS AND CONTINGENCIES | |||||
Maximum number of demands for registration of securities | item | 3 | 3 | |||
Underwriting discount (in percentage) | 2.00% | 2.00% | |||
Underwriting discount | $ 5,520,000 | $ 5,520,000 | |||
Deferred underwriting discount (in percentage) | 3.50% | 3.50% | |||
Deferred underwriting discount | $ 9,660,000 | $ 9,660,000 | |||
Capital Markets Advisory Agreement | Benjamin Securities | |||||
COMMITMENTS AND CONTINGENCIES | |||||
Amount owed as security deposit of signing agreement | $ 125,000 | ||||
Amount owed at consummation of business combination | 485,000 | ||||
Contractual obligation | $ 0 | ||||
Fee Reduction Agreement | |||||
COMMITMENTS AND CONTINGENCIES | |||||
Deferred underwriting discount | $ 8,000,000 | $ 8,000,000 | $ 8,000,000 | $ 9,660,000 | |
Underwriting discount paid in cash | 1,000,000 | ||||
Underwriting discount paid in securities | $ 7,000,000 |