Loss Contingency

6 Months Ended

Jun. 30, 2015

Loss Contingency

Loss Contingency

8. Loss Contingency

In connection with identifying a potential target combination, the Company incurred material legal and due diligence expenses, which were to be paid to a law firm upon successful completion of an Initial Business Combination.  On July 31, 2015, the Company completed its Initial Business Combination and paid to the law firm approximately $2.5 million under the contingent arrangement.