Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
5 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net income (loss) $ (1,176) $ 1,021,711
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (1,871,405)
Unrealized loss on marketable securities held in Trust Account 19,398
Changes in operating assets and liabilities:    
Prepaid expenses (89,095)
Accounts payable and accrued expenses 1,038 255,263
Income taxes payable 14,852
Net cash used in operating activities (138) (649,276)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (116,150,000)
Withdrawal from Trust Account to pay for income taxes and franchise fees 261,898
Net cash used in investing activities (115,888,102)
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock to initial stockholders 25,000
Proceeds from sale of Units, net of underwriting discounts paid 112,700,000
Proceeds from sale of Private Placement Units 4,450,000
Proceeds from Unit Purchase Option 100
Advances from related party 67,013
Repayment of advances from related party (67,013)
Proceeds from promissory note - –related party 122,839
Repayment of promissory note - related party (122,839)
Payment of offering costs (125,699) (306,247)
Net cash provided by financing activities 22,140 116,721,014
Net Change in Cash 22,002 183,636
Cash - Beginning 22,002
Cash - Ending 22,002 205,638
Supplemental cash flow information:    
Cash paid for income taxes 261,898
Non-cash investing and financing activities:    
Initial classification of common stock subject to redemption 111,741,988
Change in value of common stock subject to redemption 1,021,698
Offering costs included in accrued offering costs $ 17,500