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Investments Held in Trust Account
9 Months Ended
Sep. 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 September 30, 2014, investment securities in the Company’s Trust Account consisted of $220,500,569 in shares in money market accounts invested in United States Treasury securities with a maturity of 180 days or less.