|
Condensed Balance Sheet (USD $)
|
Dec. 31, 2014
|
| Current assets |
|
| Cash |
$ 397,387 |
| Prepaid expenses |
72,479 |
| Total assets |
469,866 |
| Cash and investments held in trust account |
46,008,549 |
| Total Assets |
46,478,415 |
| Current liabilities |
|
| Accounts payable & accrued expenses |
69,854 |
| Note payable to stockholder |
125,000 |
| Total liabilities |
194,854 |
| Common Stock subject to possible redemption; 4,099,999 shares at approximately $10 per share |
40,999,990 |
| Stockholders' equity |
|
| Preferred stock, $.0001 par value; 1,000,000 shares authorized; none issued and outstanding |
0 |
| Common stock, $.0001 par value; 10,000,000 shares authorized; 1,848,001 issued and outstanding |
185 |
| Additional paid-in capital |
5,473,141 |
| Deficit accumulated during the development stage |
(189,755) |
| Total stockholders’ equity |
5,283,571 |
| Total liabilities and stockholders’ equity |
$ 46,478,415 |