Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Balance Sheets

v3.19.1
Unaudited Condensed Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 433,291 $ 196,804
Prepaid expenses 65,674 43,214
Total current assets 498,965 240,018
Deferred offering costs associated with initial public offering
Marketable securities held in Trust Account 160,452,537 159,718,098
Total assets 160,951,502 159,958,116
Current liabilities:    
Accounts payable 191,030 108,292
Accrued expenses 25,000 6,500
Note payable - related parties 400,000
Franchise tax payable 50,000 200,000
Total current liabilities 666,030 314,792
Deferred tax liability 179,658
Deferred underwriting commissions 5,433,750 5,433,750
Total liabilities 6,279,438 5,748,542
Class A common stock, $0.0001 par value; 14,475,054 and 14,500,444 shares subject to possible redemption at $10.34 and $10.29 per share at March 31, 2019 and December 31, 2018, respectively 149,672,058 149,209,569
Stockholders' Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2019 and December 31, 2018, respectively
Additional paid-in capital 4,066,756 4,529,248
Retained earnings 932,757 470,267
Total stockholders' equity 5,000,006 5,000,005
Total Liabilities and Stockholders' Equity 160,951,502 159,958,116
Common Stock Class A    
Stockholders' Equity:    
Common stock value 105 102
Total stockholders' equity 105 102
Common Stock Class B    
Stockholders' Equity:    
Common stock value 388 388
Total stockholders' equity $ 388 $ 388