INITIAL PUBLIC OFFERING |
12 Months Ended |
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Dec. 31, 2024 | |
Initial Public Offering | |
INITIAL PUBLIC OFFERING | NOTE 3 – INITIAL PUBLIC OFFERING
On December 6, 2023, the Company consummated its Initial Public Offering of 69,000,000. Each Unit consists of one ordinary share and one right (“Public Right”). Each Public Right entitles the holder to receive one-fifth (1/5) of one ordinary share upon consummation of the Company’s initial business combination, so the holder must hold rights in multiples of 5 in order to receive shares for all of the rights upon closing of a business combination. Units (including the issuance of Units as a result of the underwriter’s full exercise of its over-allotment option), at $ per Unit, generating gross proceeds of $
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