Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flows (Unaudited)

v3.8.0.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net income (loss) $ 194,581 $ (31,260)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest income earned on marketable securities held in Trust Account (387,484)
Changes in operating assets and liabilities:    
Prepaid expenses (8,779)
Accounts payable and accrued expenses (27,027) 31,260
Due to related party 27,000
Franchise and income taxes payable 20,633
Net cash used in operating activities (181,076)
Cash Flows from Investing Activities:    
Interest income released from Trust Account to pay taxes 58,785
Net cash provided by investing activities 58,785
Cash Flows from Financing Activities:    
Proceeds from advances from related party 33,985
Net cash provided by financing activities 33,985
Net Change in Cash (88,306)
Cash - Beginning of period 428,393 67,250
Cash - Ending of period 340,087 67,250
Non-Cash investing and financing activities:    
Offering costs included in accounts payable and accrued expenses 80,000
Change in value of common stock subject to possible redemption $ 194,585