| Mar'20 | Dec'19 | Sep'19 | Jun'19 | |||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
437,464 | 0 | 0 | 0 | |||
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities: | ||||||
Interest earned on cash and marketable securities held in Trust Account | ||||||
2,788,696 | 0 | 0 | 0 | |||
Change in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
156,471 | 0 | 0 | 0 | |||
Receivable from related party | ||||||
0 | - | - | - | |||
Other non-current assets | ||||||
0 | - | - | - | |||
Accounts payable | ||||||
43,094 | 0 | 0 | 0 | |||
Payable to related parties | ||||||
0 | - | - | - | |||
Accrued liabilities | ||||||
0 | - | 0 | 0 | |||
Other current liabilities | ||||||
419,264 | 0 | 0 | 0 | |||
Net cash and cash equivalents used in operating activities | ||||||
-2,024,827 | 0 | 0 | 0 | |||
INVESTING ACTIVITIES | ||||||
Investment of cash in Trust Account, net | ||||||
- | 0 | 0 | 0 | |||
Cash withdrawn from Trust Account | ||||||
0 | - | - | - | |||
Net cash and cash equivalents provided by investing activities | ||||||
-171,956,950 | 0 | 0 | 0 | |||
FINANCING ACTIVITIES | ||||||
Borrowing from related party | ||||||
- | 0 | 0 | 0 | |||
Repayment of borrowing from related party | ||||||
- | 0 | 0 | 0 | |||
Proceeds from sale of Private Placement Units | ||||||
- | 0 | 0 | 0 | |||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | 0 | 0 | 0 | |||
Payment of offering costs | ||||||
- | 0 | 0 | 0 | |||
Net cash and cash equivalents provided by financing activities | ||||||
- | 0 | 0 | 0 | |||
Net change in cash and cash equivalents during period | ||||||
0 | - | - | - | |||
SUPPLEMENTAL DISCLOSURES | ||||||
Net increase in cash and cash equivalents during period | ||||||
- | - | - | 0 | |||
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||||
Offering costs included in accounts payable and accrued liabilities | ||||||
0 | - | - | - | |||
Offering costs included in accounts payable | ||||||
- | 0 | 0 | 0 | |||
Underwriters | ||||||
Proceeds from sale of common stock | ||||||
- | 0 | 0 | 0 | |||
Founders | ||||||
Proceeds from sale of common stock | ||||||
- | 0 | 0 | 0 | |||