Annual report pursuant to Section 13 and 15(d)

Condensed Interim Statement of Cash Flows

v3.10.0.1
Condensed Interim Statement of Cash Flows - USD ($)
 6 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net income (loss) $ (122,583) $ 592,850
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on investments and marketable securities held in Trust Account (1,687,599)
Changes in operating assets and liabilities:    
Prepaid expenses (43,214)
Accounts payable 27,118 14,032
Accrued expenses 13,600 (7,100)
Franchise tax payable 200,000
Net cash used in operating activities (81,865) (931,031)
Cash Flows from Investing Activities    
Principal deposited in Trust Account (158,355,000)
Interest released from Trust Account 324,501
Net cash used in investing activities (158,030,499)
Cash Flows from Financing Activities:    
Proceeds from note payable to related parties 200,000 260,000
Repayment of note payable to related parties (460,000)
Proceeds received from initial public offering 155,250,000
Offering costs (123,597) (3,671,204)
Proceeds received from private placement $ 7,760,000
Proceeds from issuance of Class B common stock to Sponsor 25,000
Net cash provided by financing activities $ 101,403 $ 159,138,796
Net increase in cash 19,538 177,266
Cash - beginning of the period 19,538
Cash - ending of the period 19,538 196,804
Supplemental disclosure of noncash investing and financing activities:    
Offering costs included in accounts payable 49,686 67,142
Offering costs included in accrued expenses 5,000
Deferred underwriting commissions in connection with the initial public offering 5,433,750
Reclassification of deferred offering costs to paid-in capital 178,283
Change in value of Class A common stock subject to possible redemption $ 149,209,569