Investments Held in Trust Account

6 Months Ended

Jun. 30, 2014

Investments Held in Trust Account

Investments Held in Trust Account

5. Investments Held in Trust Account

Upon the closing of the Public Offering, the simultaneous private placement of the Sponsor warrants and the underwriters’ partial exercise of their over-allotment option, a total of $220,500,000 was placed in the Trust Account. As of June 30, 2014, investment securities in the Company’s Trust Account consisted of $220,500,364 in shares in money market accounts invested in United States Treasury securities with a maturity of 180 days or less.