Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS

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CONDENSED STATEMENT OF CASH FLOWS
 3 Months Ended
Mar. 31, 2019
USD ($)
Cash Flows from Operating Activities:  
Net income $ 356,058
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (543,268)
Changes in operating assets and liabilities:  
Prepaid expenses (148,629)
Accrued expenses 49,549
Income taxes payable 103,268
Net cash used in operating activities (183,022)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (174,225,000)
Net cash used in investing activities (174,225,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 169,050,000
Proceeds from sale of Private Units 7,175,000
Proceeds from promissory note – related party 70,000
Repayment of promissory note – related party (220,000)
Payment of offering costs (430,194)
Net cash provided by financing activities 175,644,806
Net Change in Cash 1,236,784
Cash – Beginning 41,093
Cash – Ending 1,277,877
Non-cash investing and financing activities:  
Initial classification of common stock subject to possible redemption 170,685,445
Change in value of common stock subject to possible redemption $ 356,055