Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash $ 1,039,200 $ 119,136
Prepaid income tax 653,505
Prepaid expenses 282,843
Total Current Assets 1,975,548 119,136
Security deposit 23,800 23,800
Deferred offering costs 182,742
Marketable securities held in Trust Account 301,421,851
Total Assets 303,421,199 325,678
Current liabilities    
Accounts payable and accrued expenses 108,360 20,222
Accrued offering costs 1,699 25,149
Promissory note – related party 299,000
Total Current Liabilities 110,059 344,371
Deferred tax liability 42,585
Deferred underwriting fee payable 10,505,250
Total Liabilities 10,657,894 344,371
Commitments and Contingencies (Note 6)
Common stock subject to possible redemption, 28,664,418 shares at redemption value as of June 30, 2019 287,763,301
Stockholders' Equity (Deficit)    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Additional paid in capital 3,831,174 24,250
Retained earnings/(Accumulated deficit) 1,167,945 (43,693)
Total Stockholders’ Equity (Deficit) 5,000,004 (18,693)
Total Liabilities and Stockholders’ Equity (Deficit) 303,421,199 325,678
Class A Common Stock    
Stockholders' Equity (Deficit)    
Common stock, Value 135
Total Stockholders’ Equity (Deficit) 135
Class B Common Stock    
Stockholders' Equity (Deficit)    
Common stock, Value 750 750
Total Stockholders’ Equity (Deficit) $ 750 $ 750