| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | |
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net (loss) income | ||||||
-85,308 | -133,135 | 226,960 | 0 | 0 | 0 | |
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||
Unrealized (gain) loss on marketable securities held in Trust Account | ||||||
15,121 | 18,720 | 10,375 | 0 | 0 | 0 | |
Interest earned on marketable securities held in Trust Account | ||||||
1,203,498 | 1,231,837 | 928,015 | 0 | 0 | 0 | |
Share based compensation expense contributed by shareholder | ||||||
0 | 0 | - | - | 0 | 0 | |
Changes in operating assets and liabilities: | ||||||
Prepaid expenses and other current assets | ||||||
-77,422 | 49,583 | 80,833 | 0 | 0 | 0 | |
Accounts payable and accrued expenses | ||||||
0 | 0 | - | - | 0 | 0 | |
Net cash used in operating activities | ||||||
-315,783 | -411,645 | -300,600 | 0 | 0 | 0 | |
Cash Flows from Financing Activities: | ||||||
Proceeds from issuance of Founder Shares to Sponsor | ||||||
0 | 0 | 25,000 | 0 | 0 | 0 | |
Proceeds from promissory note - related party | ||||||
0 | 11,860 | 145,435 | 0 | 0 | 0 | |
Payment of offering costs | ||||||
0 | 418,680 | 548,670 | 0 | 0 | 0 | |
Net cash provided by financing activities | ||||||
0 | 56,097,845 | 56,126,430 | 0 | 0 | 0 | |
Net Change in Cash | ||||||
0 | 0 | - | - | 0 | 0 | |
Non-Cash investing and financing activities: | ||||||
Change in value of ordinary shares subject to possible redemption | ||||||
365,710 | 317,851 | 230,519 | 0 | 0 | 0 | |
Deferred offering costs included in accrued offering costs | ||||||
- | 0 | - | - | - | 0 | |