Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 319,399 $ 41,093
Prepaid income taxes 134,955 0
Prepaid expenses 73,958 0
Total Current Assets 528,312 41,093
Deferred offering costs 0 376,407
Cash and marketable securities held in Trust Account 176,625,548 0
Total Assets 177,153,860 417,500
Current liabilities:    
Accounts payable and accrued expenses 504,902 451
Accrued offering costs 0 242,500
Promissory note - related party 0 150,000
Total Current Liabilities 504,902 392,951
Commitments and Contingencies
Common stock subject to possible redemption, 16,994,946 shares at $10.10 per share at December 31, 2019 171,648,955 0
Stockholders' Equity    
Preferred stock, $0.0001 par value; 5,000,000 and 1,000,000 shares authorized at December 31, 2019 and 2018, respectively, none issued and outstanding 0 0
Common stock, $0.0001 par value; 200,000,000 and 100,000,000 shares authorized at December 31, 2019 and 2018, respectively; 5,285,054 and 4,312,500 shares issued and outstanding (excluding 16,994,946 and no shares subject to possible redemption) at December 31, 2019 and 2018, respectively 529 431
Additional paid-in capital 4,036,415 24,569
Retained earnings (Accumulated deficit) 963,059 (451)
Total Stockholders' Equity 5,000,003 24,549
Total Liabilities and Stockholders' Equity $ 177,153,860 $ 417,500