Initial Public Offering and Private Placement (Details) - USD ($) |
1 Months Ended | 3 Months Ended | |
---|---|---|---|
Jun. 07, 2017 |
Jun. 23, 2017 |
Mar. 31, 2018 |
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Initial Public Offering and Private Placement (Textual) | |||
Purchased an aggregate, shares | 125,000 | ||
Sale of stock, per unit | $ 10.10 | $ 10.00 | |
Description of business acquisition equity | Each holder of a Right will receive one-tenth (1/10) of one share of common stock upon consummation of a Business Combination. No fractional shares will be issued upon exchange of the Rights. No additional consideration will be required to be paid by a holder of Rights in order to receive its additional shares upon consummation of a Business Combination as the consideration related thereto has been included in the Unit purchase price paid for by investors in the Initial Public Offering. If the Company enters into a definitive agreement for a Business Combination in which the Company will not be the surviving entity, each holder of a right will be required to affirmatively convert its rights in order to receive the 1/10 share of common stock underlying each right (without paying any additional consideration). | ||
Initial Public Offering [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Initial public offering of units | 10,000,000 | 11,500,000 | |
Purchased an aggregate, shares | 1,500,000 | ||
Proceeds from sale of units, gross proceeds | $ 100,000,000 | $ 115,000,000 | |
Sale of stock, per unit | $ 10.00 | $ 10.00 | |
Exercise price of warrant | $ 5.75 | ||
Description of business acquisition equity | (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of taxes payable and less up to $50,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders' rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the Company's Board of Directors, dissolve and liquidate, subject in the case of clauses (ii) and (iii) to the Company's obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. | ||
Warrant, description |
Each Warrant will entitle the holder to purchase one Common stock at an exercise price of $5.75 per half share ($11.50 per whole share), subject to adjustment. No fractional shares will be issued upon exercise of the warrants. The Warrants will become exercisable on the later of (i) 30 days after the completion of the initial Business Combination and (ii) 12 months from the closing of the Initial Public Offering, and will expire five years after the completion of the initial Business Combination or earlier upon redemption or liquidation. |
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Warrant redemption, description | The Company may redeem the Warrants, in whole and not in part, at a price of $0.01 per Warrant upon 30 days’ notice (“30-day redemption period”), only in the event that the last sale price of the common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which notice of redemption is given, provided there is an effective registration statement with respect to the shares of common stock underlying such Warrants and a current prospectus relating to those shares of common stock is available throughout the 30-day redemption period. | ||
Private Placement [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Initial public offering of units | 450,000 | ||
Sale of stock, per unit | $ 10.00 | $ 10.00 | |
Gross proceeds | $ 4,500,000 | $ 525,000 | $ 4,500,000 |
Private Placement [Member] | Underwriters [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Initial public offering of units | 125,000 | ||
Private Placement [Member] | Sponsor [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Initial public offering of units | 377,500 | ||
Additional Placement Units [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Purchased an aggregate, shares | 52,500 | ||
Sale of stock, per unit | $ 10.00 | ||
Initial Public Offering and Private Placement [Member] | |||
Initial Public Offering and Private Placement (Textual) | |||
Sale of stock, per unit | $ 10.10 |