Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.8.0.1
Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 428,393 $ 67,250
Prepaid expenses 41,944
Total current assets 470,337 67,250
Deferred offering costs 172,750
Cash and marketable securities held in Trust Account 116,588,017
Total Assets 117,058,354 240,000
Current liabilities:    
Accounts payable and accrued expenses 24,544 78,105
Franchise tax payable 88,401  
Due to related party 95,186
Note payable - related party 140,000
Total current liabilities 208,131 218,105
Deferred underwriting fees 4,025,000
Total Liabilities 4,233,131 218,105
Commitments
Common stock subject to possible redemption, $0.0001 par value; 10,675,764 and -0- shares as of December 31, 2017 and 2016, respectively (at value of approximately $10.10 per share) 107,825,218
Stockholders' Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding as of December 31, 2017 and 2016
Common stock, $0.0001 par value; 35,000,000 shares authorized; 4,201,736 and 2,875,000 shares issued and outstanding (excluding 10,675,764 and -0- shares subject to possible redemption, respectively) as of December 31, 2017 and 2016, respectively 420 287
Additional paid-in capital 4,878,926 24,713
Retained earnings (accumulated deficit) 120,659 (3,105)
Total Stockholders' Equity 5,000,005 21,895
Total Liabilities and Stockholders' Equity $ 117,058,354 $ 240,000