Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CASH FLOWS

v3.8.0.1
STATEMENT OF CASH FLOWS
 9 Months Ended
Dec. 31, 2017
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (317,666)
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments and marketable securities held in Trust Account (935,034)
Changes in operating assets and liabilities:  
Prepaid expenses (272,165)
Accounts payable 205,249
Accrued expenses 425,181
Accrued expenses - related parties 92,500
Net cash used in operating activities (801,935)
Cash Flows from Investing Activities  
Principal deposited in Trust Account (234,600,000)
Interest released from Trust Account 340,000
Net cash used in investing activities (234,260,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds received under loan from related parties 224,403
Repayment of loan from related parties (224,403)
Proceeds received from initial public offering, net of offering costs 224,765,490
Proceeds received from private placement 11,100,000
Net cash provided by financing activities 235,890,490
Net increase in cash 828,555
Cash - beginning of the period 0
Cash - end of the period 828,555
Supplemental disclosure of noncash investing and financing activities:  
Deferred underwriting commissions in connection with the initial public offering 8,050,000
Value of Class A ordinary shares subject to possible redemption $ 222,522,823