|
FY2014
12 months to Dec 31, 2014
|
FY2013
6 months to Dec 31, 2013
|
|
|---|---|---|
| Cash flows from operating activities | ||
| Net loss | ||
| Change in operating assets and liabilities: | ||
| Accounts payable and accrued expenses | ||
| Franchise tax accrual | ||
| Net cash used in operating activities | ||
| Cash flows from investing activities | ||
| Proceeds deposited into Trust Account | ||
| Interest on Trust Account | ||
| Net cash used in investing activities | ||
| Cash flows from financing activities | ||
| Proceeds from sale of common stock through public offering | ||
| Proceeds from sale of common stock to Sponsor | ||
| Proceeds from unsecured promissory note payable to Sponsor | ||
| Proceeds from Sponsor to purchase warrants | ||
| Repayment of unsecured promissory note payable to Sponsor | ||
| Payment of offering costs | ||
| Net cash provided by financing activities | ||
| Net cash provided by (used in) financing activities | ||
| Net increase (decrease) in cash and cash equivalents | ||
| Cash and cash equivalents, beginning of period | ||
| Cash and cash equivalents, end of period | ||
| Supplemental schedule of non-cash financing activities: | ||
| Accrued offering costs | ||
| Deferred underwriter fee payable |
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