Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Class A Ordinary Shares Reflected Condensed Balance Sheets

At March 31, 2024 and December 31, 2023, the Class A ordinary shares reflected in the balance sheets are reconciled in the following table:

	Shares			Amount
Class A ordinary shares subject to possible redemption as of December 31, 2022		30,000,000		$	304,086,289
Add: Accretion of interest income to Class A ordinary shares subject to possible redemption		—			2,774,613
Add: Accretion of extension deposit to Class A ordinary shares subject to possible redemption		—			825,000
Less: Class A ordinary shares redeemed, including interest		(27,785,141	)		(282,903,643	)
Class A ordinary shares subject to possible redemption as of December 31, 2023		2,214,859			24,782,259
Add: Accretion of interest income to Class A ordinary shares subject to possible redemption		—			262,495
Add: Accretion of extension deposit to Class A ordinary shares subject to possible redemption		—			169,413
Less: Class A ordinary shares redeemed, including interest		(641,303	)		(7,241,004	)
Class A ordinary shares subject to possible redemption as of March 31, 2024		1,573,556		$	17,973,163

Schedule of Basic and Diluted Net Income (Loss) Per Share for Each Class of Ordinary Shares

The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per share for each class of ordinary shares. Because the redemption value of the Class A ordinary shares approximates their fair value, remeasurement to redemption value is not impacting allocable earnings.

	For the Three Months Ended March 31,
	2024						2023
	Class A			Class B			Class A			Class B
Basic and diluted net loss per share:
Numerator:
Allocation of net loss	$	(492,369	)	$	(1,938,684	)	$	(130,024	)	$	(58,307	)
Denominator:
Weighted-average shares outstanding		1,904,778			7,500,000			16,724,877			7,500,000
Basic and diluted net loss per share	$	(0.26	)	$	(0.26	)	$	(0.01	)	$	(0.01	)

Catcha Investment Corp 10-Q