v3.24.2.u1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES    
Schedule of common stock reflected in the balance sheets  

​

​

​

​

​

Common Stock subject to possible redemption, December 31, 2021

    

$

201,250,000

Plus:

​

 

  

Accretion of carrying value to redemption value

​

 

2,170,202

Common Stock subject to possible redemption, December 31, 2022

​

 

203,420,202

Less:

​

 

  

Redemption

​

 

(152,810,179)

Plus:

​

 

  

Accretion of carrying value to redemption value

​

 

4,008,446

Common Stock subject to possible redemption, December 31, 2023

​

$

54,618,469

Schedule of basic and diluted net income per share of Common Stock

The following table reflects the calculation of basic and diluted net income (loss) per share of common stock (in dollars, except share amounts):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Three Months Ended

​

​

March 31, 2024

​

March 31, 2023

​

​

​

​

    

Non-

    

​

​

    

Non-

​

​

Redeemable

​

 redeemable

​

Redeemable

​

 redeemable

Basic and diluted net income per common stock

 

​

  

 

​

  

 

​

  

 

​

  

Numerator:

 

​

  

 

​

  

 

​

  

 

​

  

Allocation of net income, as adjusted

​

$

(71,126,651)

​

$

(17,450,766)

​

$

135,463

​

$

56,908

Denominator:

​

 

  

​

 

  

​

 

  

​

 

  

Basic and diluted weighted average common stock outstanding

​

 

9,048,173

​

 

2,219,949

​

 

11,976,319

​

 

5,031,250

Basic and diluted net income per common stock

​

$

(7.86)

​

$

(7.86)

​

$

0.01

​

$

0.01

​

The following table reflects the calculation of basic and diluted net income per share of Common Stock (in dollars, except share amounts):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the Year Ended December 31,

​

​

2023

​

2022

​

​

​

​

​

Non-

​

​

​

​

Non-

​

​

Redeemable

​

redeemable

​

Redeemable

​

redeemable

Basic and diluted net income per share of Common Stock

    

​

  

    

​

  

    

​

  

    

​

  

Numerator:

 

​

  

 

​

  

 

​

  

 

​

  

Allocation of net income

​

$

460,174

​

$

335,609

​

$

8,836,454

​

$

2,209,113

Denominator:

​

 

  

​

 

  

​

 

  

​

 

  

Basic and diluted weighted average shares outstanding

​

 

6,898,644

​

 

5,031,250

​

 

20,125,000

​

 

5,031,250

Basic and diluted net income per share of Common Stock

​

$

0.07

​

$

0.07

​

$

0.44

​

$

0.44