Subsequent Events	6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 10 - Subsequent Events The Company evaluated subsequent events and transactions that occurred after the condensed consolidated balance sheet date up to the date that the condensed consolidated financial statements were available to be issued and has determined that there have been the following events that have occurred that would require adjustments to the disclosures of the condensed consolidated financial statements. On July 16, 2024, the Company held the July 2024 Special Meeting. At the July 2024 Special Meeting, the Company’s shareholders approved (i) a proposal to amend our Fifth Amended and Restated Certificate of Incorporation to revise our then-existing extension option, which provided that the Company had the option of extending the period by which we must consummate a business combination by up to 18 months, from our Original Expiration Date of January 19, 2023 to the Third Amended Extended Date of July 19, 2024, to instead provide that we have the option to extend the period by which we must consummate a business combination by an additional three months, from the Third Amended Extended Date, or from July 19, 2024, to the Fourth Amended Extended Date of October 19, 2024, with such July 2024 Monthly Extension Option exercisable in three single-month increments, for an additional three-month aggregate total extension period if each July 2024 Monthly Extension Option is exercised, and with each such July 2024 Monthly Extension Option exercisable upon five calendar days’ advance notice prior to the applicable monthly deadline (such deadline for exercising each such July 2024 Monthly Extension Option being the 19th calendar day of each month and, for the avoidance of doubt, the first July 2024 Monthly Extension Option under the Sixth Amended and Restated Certificate of Incorporation being exercisable at any time on or prior to July 19, 2024), and (ii) a proposal to amend our Third Amended and Restated Trust Agreement, to provide that the Third Amended Extended Date of July 19, 2024 provided for in the Third Amended and Restated Trust Agreement, upon which assets held in the Trust Account will be liquidated if we have not consummated a business combination, may be extended, at our option, and on a monthly basis, pursuant to the exercise of July 2024 Monthly Extension Option(s), up to and until the Fourth Amended Extended Date of October 19, 2024; provided that, in order to exercise a single July 2024 Monthly Extension Option, we must deposit into the Trust Account the lesser of (x) $100,000 and (y) $0.04 for each share of our common stock included in the units which were sold in our Initial Public Offering and which remain outstanding on the date of such deposit. The Company entered into the Fourth Amended and Restated Trust Agreement on July 16, 2024 with the Trustee. The Sixth Amended and Restated Certificate of Incorporation was filed with the Delaware Secretary of State on July 16, 2024. On July 16, 2024, the Company notified the Trustee that it was extending the time available to the Company to consummate its initial Business Combination, from July 19, 2024 to August 19, 2024 (the “First Extension”), pursuant to and in accordance with the terms of the Company’s Sixth Amended and Restated Certificate of Incorporation and the Fourth Amended and Restated Trust Agreement. The First Extension is the first of up to three (3) Monthly Extension Options permitted under the Company’s Sixth Amended and Restated Certificate of Incorporation and Fourth Amended and Restated Trust Agreement. Pursuant to the terms of the Company’s Sixth Amended and Restated Certificate of Incorporation and Fourth Amended and Restated Trust Agreement, on July 16, 2024, with respect to the exercise of the First Extension, the Company deposited $12,360 into the Company’s Trust Account in connection with the exercise of the First Extension. Such deposit with respect to the First Extension was made using funds held outside of the Company’s Trust Account and available to the Company to fund working capital requirements. On August 7, 2024, the Company filed a Definitive Proxy Statement with respect to an Extraordinary General Meeting of the Company’s stockholders which is being convened so that the Company’s stockholders may vote upon certain proposals, including with respect to approval of the previously announced transactions contemplated by the Vaso Business Combination Agreement. The Extraordinary General Meeting shall be held virtually at 1:00 p.m. Eastern Time on August 26, 2024 at https://www.cstproxy.com/acharivc/bc2024 and the record date for determining those stockholders who shall be entitled to vote at the Extraordinary General Meeting was August 8, 2024. For additional information regarding the Extraordinary General Meeting, please see the Definitive Proxy Statement.

Subsequent Events

6 Months Ended

Jun. 30, 2024

Note 10 - Subsequent Events

The Company evaluated subsequent events and transactions that occurred after the condensed consolidated balance sheet date up to the date that the condensed consolidated financial statements were available to be issued and has determined that there have been the following events that have occurred that would require adjustments to the disclosures of the condensed consolidated financial statements.

On July 16, 2024, the Company held the July 2024 Special Meeting. At the July 2024 Special Meeting, the Company’s shareholders approved (i) a proposal to amend our Fifth Amended and Restated Certificate of Incorporation to revise our then-existing extension option, which provided that the Company had the option of extending the period by which we must consummate a business combination by up to 18 months, from our Original Expiration Date of January 19, 2023 to the Third Amended Extended Date of July 19, 2024, to instead provide that we have the option to extend the period by which we must consummate a business combination by an additional three months, from the Third Amended Extended Date, or from July 19, 2024, to the Fourth Amended Extended Date of October 19, 2024, with such July 2024 Monthly Extension Option exercisable in three single-month increments, for an additional three-month aggregate total extension period if each July 2024 Monthly Extension Option is exercised, and with each such July 2024 Monthly Extension Option exercisable upon five calendar days’ advance notice prior to the applicable monthly deadline (such deadline for exercising each such July 2024 Monthly Extension Option being the 19th calendar day of each month and, for the avoidance of doubt, the first July 2024 Monthly Extension Option under the Sixth Amended and Restated Certificate of Incorporation being exercisable at any time on or prior to July 19, 2024), and (ii) a proposal to amend our Third Amended and Restated Trust Agreement, to provide that the Third Amended Extended Date of July 19, 2024 provided for in the Third Amended and Restated Trust Agreement, upon which assets held in the Trust Account will be liquidated if we have not consummated a business combination, may be extended, at our option, and on a monthly basis, pursuant to the exercise of July 2024 Monthly Extension Option(s), up to and until the Fourth Amended Extended Date of October 19, 2024; provided that, in order to exercise a single July 2024 Monthly Extension Option, we must deposit into the Trust Account the lesser of (x) $100,000 and (y) $0.04 for each share of our common stock included in the units which were sold in our Initial Public Offering and which remain outstanding on the date of such deposit. The Company entered into the Fourth Amended and Restated Trust Agreement on July 16, 2024 with the Trustee. The Sixth Amended and Restated Certificate of Incorporation was filed with the Delaware Secretary of State on July 16, 2024.

On July 16, 2024, the Company notified the Trustee that it was extending the time available to the Company to consummate its initial Business Combination, from July 19, 2024 to August 19, 2024 (the “First Extension”), pursuant to and in accordance with the terms of the Company’s Sixth Amended and Restated Certificate of Incorporation and the Fourth Amended and Restated Trust Agreement. The First Extension is the first of up to three (3) Monthly Extension Options permitted under the Company’s Sixth Amended and Restated Certificate of Incorporation and Fourth Amended and Restated Trust Agreement.

Pursuant to the terms of the Company’s Sixth Amended and Restated Certificate of Incorporation and Fourth Amended and Restated Trust Agreement, on July 16, 2024, with respect to the exercise of the First Extension, the Company deposited $12,360 into the Company’s Trust Account in connection with the exercise of the First Extension. Such deposit with respect to the First Extension was made using funds held outside of the Company’s Trust Account and available to the Company to fund working capital requirements.

On August 7, 2024, the Company filed a Definitive Proxy Statement with respect to an Extraordinary General Meeting of the Company’s stockholders which is being convened so that the Company’s stockholders may vote upon certain proposals, including with respect to approval of the previously announced transactions contemplated by the Vaso Business Combination Agreement. The Extraordinary General Meeting shall be held virtually at 1:00 p.m. Eastern Time on August 26, 2024 at https://www.cstproxy.com/acharivc/bc2024 and the record date for determining those stockholders who shall be entitled to vote at the Extraordinary General Meeting was August 8, 2024. For additional information regarding the Extraordinary General Meeting, please see the Definitive Proxy Statement.

Achari Ventures Holdings Corp. I 10-Q