| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net income | ||||||
2,090 | 341 | |||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Other income from the investment held in Trust Account | ||||||
- | 0 | |||||
Interest earned on investments held in Trust Account | ||||||
2,572 | 444 | |||||
Changes in current assets and current liabilities: | ||||||
Prepaid assets | ||||||
-5 | 13 | |||||
Accounts payable and accrued expense | ||||||
3 | 10 | |||||
Due to related parties | ||||||
-2 | 2 | |||||
Net cash used in operating activities | ||||||
-475 | -103 | |||||
Cash Flows from Investing Activities: | ||||||
Purchase of investments held in Trust Account | ||||||
1,148 | 114,879 | |||||
Net cash used in investing activities | ||||||
-1,148 | -114,879 | |||||
Cash Flows from Financing Activities: | ||||||
Proceeds from initial public offering, net of underwriters' fees and offering costs | ||||||
- | 111,818 | |||||
Proceeds from private placement | ||||||
- | 3,297 | |||||
Proceeds from sale of ordinary shares to Initial Shareholders | ||||||
- | 19 | |||||
Proceeds from promissory note - related party | ||||||
- | 300 | |||||
Proceeds from underwriter's unit purchase option | ||||||
- | 0 | |||||
Proceeds from promissory note | ||||||
1,648 | - | |||||
Advances from related parties | ||||||
- | 71 | |||||
Repayment of advances from related parties | ||||||
- | 71 | |||||
Net cash provided by financing activities | ||||||
1,648 | 115,436 | |||||
Net Decrease in Cash | ||||||
24 | 452 | |||||
Supplemental Disclosure of Non-Cash Financing Activities: | ||||||
Change in value of ordinary shares subject to possible redemption | ||||||
2,090 | - | |||||
Payments of prepaid expenses associated with initial public offering made by related parties | ||||||
- | 71 | |||||