Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10. SUBSEQUENT EVENTS

 

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed financial statements were issued. Based upon this review, other than the below and as disclosed in Note 1, the Company did not identify any subsequent events that would have required adjustment or disclosure in the unaudited condensed financial statements.

 

Pursuant to the Funding Undertaking and Promissory Note agreements, subsequent to March 31, 2024, 2024, the Sponsor and the A Anchor Investors deposited $424,278 in aggregate into the Trust Account in relation to the extension deposits.

 

On April 29, 2024, the board of directors of the Company approved a third extension of the date by which the Company must consummate an initial business combination from May 2, 2024 to June 2, 2024 (the “Third Extension”). The Third Extension is the third of four one-month extensions permitted under the Amended and Restated Memorandum and Articles of Association.
     
On May 10, 2024, the Company amended its agreement with Harebell dated October 17, 2023 altering the number of Class A ordinary shares to be issued from 25,000 to 22,334.

 

On April 19, 2024, the Company drew down an additional $300,000 pursuant to the Sponsor Loan.

 

On April 19, 2024, the Company drew down an additional $37,500 pursuant to the Seaside Loan.