Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
General and administrative expenses $ 886,750 $ 179,481 $ 1,172,663 $ 385,131
Loss from operations (886,750) (179,481) (1,172,663) (385,131)
Other income (expense)        
Interest earned on marketable securities held in Trust Account 225,289 1,043,998 447,687 2,297,875
Finance costs for non-redemption agreements   (480,000)   (480,000)
Interest and penalties     (463)  
Total other income, net 225,289 563,998 447,224 1,817,875
(Loss) Income before provision for income taxes (661,461) 384,517 (725,439) 1,432,744
Provision for income taxes (57,971) (290,124) (115,190) (629,795)
Net (loss) income $ (719,432) $ 94,393 $ (840,629) $ 802,949
Common stock subject to possible redemption        
Other income (expense)        
Basic weighted average shares outstanding (in shares) 1,582,797 8,536,433 1,582,797 10,010,030
Diluted weighted average shares outstanding (in shares) 1,582,797 8,536,433 1,582,797 10,010,030
Basic net (loss) income per common share (in dollars per share) $ (0.04) $ 0.06 $ 0.08 $ 0.12
Diluted net (loss) income per common share (in dollars per share) $ (0.04) $ 0.06 $ 0.08 $ 0.12
Non-redeemable common stock        
Other income (expense)        
Basic weighted average shares outstanding (in shares) 3,336,500 3,336,500 3,336,500 3,336,500
Diluted weighted average shares outstanding (in shares) 3,336,500 3,336,500 3,336,500 3,336,500
Basic net (loss) income per common share (in dollars per share) $ (0.20) $ (0.13) $ (0.29) $ (0.13)
Diluted net (loss) income per common share (in dollars per share) $ (0.20) $ (0.13) $ (0.29) $ (0.13)