Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Statement of Cash Flows (Unaudited)

v3.10.0.1
Condensed Interim Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2018
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (289,967)
Changes in operating assets and liabilities:  
Prepaid expenses (59,166)
Accounts payable (32,954)
Accrued expenses 108,900
Net cash used in operating activities (273,187)
Cash Flows from Investing Activities  
Principal deposited in Trust Account (158,355,000)
Net cash used in investing activities (158,355,000)
Cash Flows from Financing Activities:  
Proceeds from note payable to related parties 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 159,515,687
Net increase in cash 887,500
Cash - beginning of the period 19,538
Cash - ending of the period 907,038
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued expenses 40,000
Offering costs included in accounts payable 269,281
Deferred underwriting commissions in connection with the initial public offering 5,433,750
Change in value of Class A common stock subject to possible redemption 148,495,241
Reclassification of deferred offering costs to paid-in capital $ 178,273