Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Interim Statements of Cash Flows

Unaudited Condensed Interim Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net income (loss) $ 989,453 $ (289,967)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Deferred tax 202,359
Interest earned on investments and marketable securities held in Trust Account (1,899,719)
Changes in operating assets and liabilities:    
Prepaid expenses (239,355) (59,166)
Accounts payable 34,980 (32,954)
Accrued expenses 3,179 108,900
Franchise tax payable (180,000)
Net cash used in operating activities (1,089,103) (273,187)
Cash Flows from Investing Activities    
Interest released from Trust Account 671,717
Principal deposited in Trust Account (158,355,000)
Net cash provided by (used in) investing activities 671,717 (158,355,000)
Cash Flows from Financing Activities:    
Proceeds from note payable to related parties 400,000 260,000
Repayment of note payable to related parties (460,000)
Proceeds received from initial public offering 155,250,000
Offering costs (3,294,313)
Proceeds received from private placement 7,760,000
Net cash provided by financing activities 400,000 159,515,687
Net (decrease) increase in cash (17,386) 887,500
Cash - beginning of the period 196,804 19,538
Cash - ending of the period 179,418 907,038
Supplemental disclosure of noncash investing and financing activities:    
Offering costs included in accounts payable 269,281
Offering costs included in accrued expenses 40,000
Deferred underwriting commissions in connection with the initial public offering 5,433,750
Reclassification of deferred offering costs to paid-in capital 178,273
Change in Class A common stock subject to possible redemption 989,449 148,495,241
Supplemental cash flow disclosure:    
Cash paid for income taxes $ 391,467