CONDENSED BALANCE SHEETS - USD ($)
|
Sep. 30, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash |
$ 137,583
|
$ 105,500
|
| Prepaid expenses |
165,394
|
|
| Receivable from Centennial |
197,145
|
|
| Total current assets |
500,122
|
105,500
|
| Investment held in Trust Account |
500,549,802
|
|
| Deferred offering costs |
|
370,691
|
| Total assets |
501,049,924
|
476,191
|
| Current liabilities: |
|
|
| Accrued expenses |
2,000
|
280,116
|
| Payable to affiliate |
|
23,075
|
| Sponsor note |
300,000
|
150,000
|
| Total current liabilities |
302,000
|
453,191
|
| Deferred underwriting compensation |
17,500,000
|
|
| Total liabilities |
17,802,000
|
453,191
|
| Class A common stock subject to possible redemption; 47,824,792 and 0 shares at September 30, 2016 and December 31, 2015, respectively (at redemption value of approximately $10.00 per share) |
478,247,920
|
|
| Stockholders' equity |
|
|
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding |
|
|
| Additional paid-in capital |
5,460,091
|
23,706
|
| Retained earnings (accumulated deficit) |
(461,555)
|
(2,000)
|
| Total stockholders' equity |
5,000,004
|
23,000
|
| Total liabilities and stockholders' equity |
501,049,924
|
476,191
|
| Class A common stock |
|
|
| Stockholders' equity |
|
|
| Common stock |
218
|
|
| Class B common stock |
|
|
| Stockholders' equity |
|
|
| Common stock |
$ 1,250
|
$ 1,294
|