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FY2019
12 months to Mar 31, 2019
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FY2018
12 months to Mar 31, 2018
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|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Interest earned on marketable securities held in Trust Account | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | ||
| Accounts payable and accrued expenses | ||
| Income taxes payable | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Cash withdrawn from Trust Account | ||
| Investment of cash in Trust Account | ||
| Interest income released from Trust Account to pay taxes | ||
| Net cash provided by (used in) investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from sale of Units, net of underwriting discounts paid | ||
| Proceeds from promissory note – related party | ||
| Repayment of promissory note – related party | ||
| Redemptions of common stock | ||
| Payment of offering costs | ||
| Net cash provided by (used in) financing activities | ||
| Net Change in Cash | ||
| Cash - Beginning | ||
| Cash - Ending | ||
| Supplemental cash flow information: | ||
| Cash paid for income taxes | ||
| Non-Cash Investing and Financing Activities: | ||
| Contribution to Trust Account by Sponsor | ||
| Change in value of common stock subject to possible redemption | ||
| Initial classification of common stock subject to possible redemption | ||
| Offering costs charged to additional paid in capital | ||
| Deferred underwriting fees charged to additional paid-in capital |
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