Transition report pursuant to Rule 13a-10 or 15d-10

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 11 Months Ended
Dec. 31, 2017
Dec. 05, 2018
Cash Flows from Operating Activities:    
Net loss $ (317,666) $ (7,116,491)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on investments and marketable securities held in Trust Account (935,034) (3,988,884)
Expenses paid by related parties on behalf of the Company 0 338,700
Changes in operating assets and liabilities:    
Prepaid expenses (272,165) (535,006)
Accounts payable 205,249 9,907,437
Accrued expenses 425,181 (378,160)
Accrued expenses - related parties 92,500 (25,860)
Income tax payable 0 196,072
Franchise tax payable 0 67,288
Net cash used in operating activities (801,935) (1,534,904)
Cash Flows from Investing Activities    
Interest released from Trust Account 340,000 709,961
Principal deposited in Trust Account (234,600,000) 0
Net cash provided by (used in) investing activities (234,260,000) 709,961
Cash Flows from Financing Activities    
Proceeds from issuance of Class B common stock to Sponsor 25,000 0
Proceeds received under loan from related parties 224,403 0
Repayment of loan from related parties (224,403) 0
Proceeds received from initial public offering, net of offering costs 224,765,490 0
Proceeds received from private placement 11,100,000 0
Net cash provided by financing activities 235,890,490 0
Net change in cash 828,555 (824,943)
Cash - beginning of the period 0 828,555
Cash - end of the period 828,555 3,612
Supplemental disclosure of noncash investing and financing activities:    
Change in value of Class A ordinary shares subject to possible redemption 222,522,823 7,116,500
Deferred underwriting commissions in connection with the initial public offering $ 8,050,000 $ 0