Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
4 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (451) $ 963,510
Adjustments to reconcile net (loss) income to net cash and cash equivalents used in operating activities:    
Interest earned on marketable securities held in Trust Account 0 (3,164,817)
Changes in operating assets and liabilities:    
Prepaid income taxes   (134,955)
Prepaid expenses   (73,958)
Accrued expenses 451 504,451
Net cash and cash equivalents used in operating activities   (1,905,769)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account   (174,225,000)
Cash withdrawn from Trust Account   764,269
Net cash and cash equivalents used in investing activities   (173,460,731)
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock to the Founders 25,000  
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 150,000 70,000
Repayment of promissory note - related party   (220,000)
Payment of offering costs (133,907) (430,194)
Net cash and cash equivalents provided by financing activities 41,093 175,644,806
Net Change in Cash and Cash Equivalents 41,093 278,306
Cash and cash equivalents - Beginning   41,093
Cash and cash equivalents - Ending 41,093 319,399
Supplemental cash flow information:    
Cash paid for income taxes   762,750
Non-cash investing and financing activities:    
Initial classification of common stock subject to possible redemption as of February 11, 2019, the date of the Initial Public Offering   170,685,445
Change in value of common stock subject to possible redemption from February 11, 2019 through December 31, 2019   $ 963,510
Deferred offering costs included in accrued offering cost $ 242,500