Balance Sheets - USD ($)
|
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 95,985
|
$ 857,325
|
| Cash and cash equivalents held in trust account, interest income available for taxes |
567,469
|
|
| Accrued interest receivable held in trust account |
165,126
|
25,377
|
| Prepaid expenses |
30,525
|
17,800
|
| Total current assets |
859,105
|
900,502
|
| Cash and cash equivalents held in trust account, restricted |
325,000,000
|
325,000,000
|
| Total assets |
325,859,105
|
325,900,502
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
188,291
|
76,454
|
| Long-term liabilities |
|
|
| Notes payable to related parties |
500,000
|
|
| Deferred underwriting fee |
11,375,000
|
11,375,000
|
| Total liabilities |
12,063,291
|
11,451,454
|
| Commitments and Contingencies |
|
|
| Common stock, subject to possible redemption, 30,810,131 and 30,944,905 shares at redemption value at December 31, 2016 and December 31, 2015 |
308,795,813
|
309,449,047
|
| Stockholders' equity: |
|
|
| Preferred stock, $.0001 par value; 1,000,000 shares authorized; none issued and outstanding |
|
|
| Common stock, $.0001 par value; 120,000,000 shares authorized; 9,814,869 and 9,680,095 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively |
981
|
969
|
| Additional paid-in capital |
5,768,759
|
5,115,537
|
| Accumulated deficit |
(769,739)
|
(116,505)
|
| Total stockholders' equity |
5,000,001
|
5,000,001
|
| Total liabilities and stockholders' equity |
$ 325,859,105
|
$ 325,900,502
|