Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Balance Sheets

v3.19.3
Unaudited Condensed Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 330,570 $ 196,804
Prepaid expenses 279,647 43,214
Total current assets 610,217 240,018
Marketable securities held in Trust Account 161,588,696 159,718,098
Total assets 162,198,913 159,958,116
Current liabilities:    
Accounts payable 122,648 108,292
Accrued expenses 9,000 6,500
Note payable - related parties 750,000
Franchise tax payable 30,000 200,000
Total current liabilities 911,648 314,792
Deferred tax liability 177,297
Deferred underwriting commissions 5,433,750 5,433,750
Total liabilities 6,522,695 5,748,542
Class A common stock, $0.0001 par value; 14,474,180 and 14,500,444 shares subject to possible redemption at $10.37 and $10.29 per share at September 30, 2019 and December 31, 2018, respectively 150,676,215 149,209,569
Stockholders' Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at September 30, 2019 and December 31, 2018, respectively
Additional paid-in capital 3,062,600 4,529,248
Retained earnings 1,936,910 470,267
Total stockholders' equity 5,000,003 5,000,005
Total Liabilities and Stockholders' Equity 162,198,913 159,958,116
Common Stock Class A    
Stockholders' Equity:    
Common stock value 105 102
Common Stock Class B    
Stockholders' Equity:    
Common stock value $ 388 $ 388