| Jan'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | ||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net income (loss) | ||||||
231,461 | 304,413 | 295,551 | -89,074 | -12,765 | ||
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||
Dividend income on marketable securities held in Trust Account | ||||||
609,510 | 528,551 | 457,091 | 119,397 | - | ||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
-107,610 | 46,273 | -34,258 | 215,883 | - | ||
Accounts payable and accrued expenses | ||||||
22,657 | -30,783 | 38,573 | 61,805 | - | ||
Net cash used in operating activities | ||||||
-247,782 | -301,194 | -88,709 | -362,549 | -12,765 | ||
Cash Flows from Investing Activities: | ||||||
Investment of cash in Trust Account | ||||||
0 | 0 | 0 | 116,150,000 | - | ||
Net cash used in investing activities | ||||||
0 | 0 | 0 | -116,150,000 | - | ||
Cash Flows from Financing Activities: | ||||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
0 | 0 | 0 | 112,700,000 | - | ||
Proceeds from sale of Private Placement Warrants | ||||||
0 | 0 | 0 | 5,200,000 | - | ||
Proceeds from issuance of ordinary shares to Initial Shareholders | ||||||
- | - | - | - | 25,000 | ||
Proceeds from promissory note from related party | ||||||
- | - | - | - | 200,000 | ||
Repayment of promissory note - related party | ||||||
0 | 0 | 0 | 200,000 | - | ||
Payment of offering costs | ||||||
0 | 200 | 0 | 324,629 | 100,168 | ||
Net cash provided by financing activities | ||||||
0 | -200 | 0 | 117,375,371 | 124,832 | ||
Net Change in Cash and Cash Equivalents | ||||||
-247,782 | -301,394 | -88,709 | 862,822 | 112,067 | ||
Non-cash Investing and Financing Activities: | ||||||
Initial classification of ordinary shares subject to possible redemption | ||||||
0 | 0 | 0 | 112,487,235 | - | ||
Change in value of ordinary shares subject to possible redemption | ||||||
231,462 | 304,411 | 295,547 | -89,073 | - | ||
Offering costs included in accrued offering costs | ||||||
- | - | - | - | 21,299 | ||