Related Party Transactions (Details) - Schedule of Fair Value of the Founders Shares - $ / shares |
1 Months Ended | |||
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Mar. 21, 2023 |
Jul. 25, 2023 |
Jan. 25, 2023 |
Mar. 22, 2023 |
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Schedule of Fair Value of the Founders Shares [Abstract] | ||||
Share price at grant date (in Dollars per share) | $ 10.71 | $ 10.03 | $ 10 | |
Risk-free interest rate | 4.62% | 5.43% | 4.67% | |
Remaining life of SPAC (assuming the Extended Date) | 4 months 13 days | 6 months 10 days | 6 months 7 days | |
Value in no De-SPAC scenario (in Dollars per share) | $ 10.6 | $ 10.39 | ||
Probability of transaction | 50.00% | 50.00% | 50.00% | |
Discount rate | 5.00% | 5.00% | 5.00% |
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- References No definition available.
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- Definition Value in no De-SPAC scenario. No definition available.
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- Definition Restrictions on equity-based instruments during the vesting period, such as the inability to transfer unvested awards, are not taken into account in estimating the fair value of the award. However, restrictions that remain in effect after an award is vested, such as the inability to transfer or hedge vested options or a prohibition on the sale of outstanding vested shares (or other type of equity) for a period of time, affect the estimate of an award's fair value. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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