0001564590-16-023672.txt : 20160809 0001564590-16-023672.hdr.sgml : 20160809 20160809161228 ACCESSION NUMBER: 0001564590-16-023672 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 47 CONFORMED PERIOD OF REPORT: 20160630 FILED AS OF DATE: 20160809 DATE AS OF CHANGE: 20160809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Gores Holdings, Inc. CENTRAL INDEX KEY: 0001644406 STANDARD INDUSTRIAL CLASSIFICATION: BAKERY PRODUCTS [2050] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-37540 FILM NUMBER: 161818038 BUSINESS ADDRESS: STREET 1: 9800 WILSHIRE BLVD. CITY: BEVERLY HILLS STATE: CA ZIP: 90212 BUSINESS PHONE: 310 209-3010 MAIL ADDRESS: STREET 1: 9800 WILSHIRE BLVD. CITY: BEVERLY HILLS STATE: CA ZIP: 90212 10-Q 1 grshu-10q_20160630.htm 10-Q grshu-10q_20160630.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

x

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2016

OR

¨

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                    

Commission file number 001-37540

 

GORES HOLDINGS, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware

47-4168492

(State or Other Jurisdiction of

Incorporation or Organization)

(I.R.S. Employer

Identification Number)

 

 

9800 Wilshire Blvd.

Beverly Hills, CA

90212

(Address of Principal Executive Offices)

(Zip Code)

(310) 209-3010

(Registrant’s Telephone Number, Including Area Code)

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  o  

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer

¨

Accelerated filer

¨

 

 

 

 

Non-accelerated filer

x

Smaller reporting company

¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  x    No  o

As of August 9, 2016, there were 37,500,000 shares of the Company’s Class A common stock, par value $0.0001 per share, and 9,375,000 shares of the Company’s Class F common stock, par value $0.0001 per share, issued and outstanding.

 

 

 

 


TABLE OF CONTENTS

 

 

 

Page

PART I—FINANCIAL INFORMATION

1

 

 

 

Item 1.

Financial Statements

1

Condensed Balance Sheets (Unaudited)

1

Condensed Statement of Operations (Unaudited)

2

Condensed Statement of Changes in Stockholders’ Equity (Unaudited)

3

Condensed Statement of Cash Flows (Unaudited)

4

Notes to Condensed Financial Statements (Unaudited)

5

 

 

 

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

12

 

 

 

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

16

 

 

 

Item 4.

Controls and Procedures

16

 

 

PART II—OTHER INFORMATION

17

 

 

 

Item 1.

Legal Proceedings

17

 

 

 

Item 1A.

Risk Factors

17

 

 

 

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

17

 

 

 

Item 3.

Defaults Upon Senior Securities

18

 

 

 

Item 4.

Mine Safety Disclosures

18

 

 

 

Item 5.

Other Information

18

 

 

 

Item 6.

Exhibits

18

 

 

 

 


PART I—FINANCIAL INFORMATION

Item 1.  Financial Information

GORES HOLDINGS, INC.

CONDENSED BALANCE SHEETS

 

 

 

June 30,

2016

 

 

 

 

 

 

 

 

December 31,

2015

 

ASSETS:

 

(unaudited)

 

 

 

(audited)

 

Current assets:

 

 

 

 

 

 

 

Cash and cash equivalents

$

452,181

 

 

$

790,635

 

Prepaid expenses

 

211,526

 

 

 

259,149

 

Total current assets

 

663,707

 

 

 

1,049,785

 

Investments and cash held in Trust Account

 

375,234,320

 

 

 

375,010,481

 

Total assets

$

375,898,027

 

 

$

376,060,265

 

 

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

Accrued expenses, formation and offering costs

$

2,253,767

 

 

$

217,384

 

State franchise tax accrual

 

62,062

 

 

 

69,917

 

Total current liabilities

 

2,315,829

 

 

 

287,301

 

Deferred underwriting compensation

 

13,125,000

 

 

 

13,125,000

 

Total liabilities

 

15,440,829

 

 

 

13,412,301

 

 

 

 

 

 

 

 

 

Commitments and Contingencies

 

 

 

 

 

 

 

Shares of Class A common stock subject to possible redemption; 35,545,719 and

   35,764,796 shares at June 30, 2016 and December 31, 2015, respectively, at a

   redemption value of $10.00 per share

 

355,457,190

 

 

 

357,647,960

 

 

 

 

 

 

 

 

 

Stockholders’ equity:

 

 

 

 

 

 

 

Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding

 

 

 

 

 

Common stock

 

 

 

 

 

 

 

Class A common stock, $0.0001 par value; 200,000,000 shares authorized, 1,954,281

   and 1,735,204 shares issued and outstanding (excluding 35,545,719 and 35,764,796

   shares subject to possible redemption) at June 30, 2016 and December 31, 2015,

   respectively

 

195

 

 

 

174

 

Class F common stock, $0.0001 par value; 20,000,000 shares authorized, 9,375,000

   shares issued and outstanding

 

938

 

 

 

938

 

Additional paid-in-capital

 

7,659,560

 

 

 

5,468,811

 

Retained earnings

 

 

 

 

 

Deficit accumulated

 

(2,660,685)

 

 

 

(469,919)

 

 

 

 

 

 

 

 

 

Total stockholders’ equity

 

5,000,008

 

 

 

5,000,004

 

 

 

 

 

 

 

 

 

Total liabilities and stockholders’ equity

$

375,898,027

 

 

$

376,060,265

 

 

 See accompanying notes to condensed financial statements (unaudited).

 

 

1

 


 

GORES HOLDINGS, INC.

CONDENSED STATEMENT OF OPERATIONS

(Unaudited)

 

For the Three months

ended

June 30, 2016

 

 

For the period from June 1, 2015 (inception) to Three months

ended

June 30, 2015

 

 

For the Six months

ended

June 30, 2016

 

 

For the period

from June 1, 2015

(inception) to

June 30, 2015

 

Revenues

$

 

 

$

 

 

$

 

 

$

 

Professional fees and other expenses

 

(2,091,783

)

 

 

(12,000

)

 

 

(2,325,835

)

 

 

(12,000

)

State franchise taxes, other than income tax

 

(45,000

)

 

 

 

 

 

(90,000

)

 

 

 

Loss from operations

 

(2,136,783

)

 

 

(12,000

)

 

 

(2,415,835

)

 

 

(12,000

)

Other income - Interest and dividend income

 

152,971

 

 

 

 

 

 

225,069

 

 

 

 

Net loss

$

(1,983,812

)

 

$

(12,000

)

 

$

(2,190,766

)

 

$

(12,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

11,027,712

 

 

 

9,375,000

 

 

 

11,027,712

 

 

 

9,375,000

 

Basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share:

$

(0.18

)

 

$

(0.00

)

 

$

(0.20

)

 

$

(0.00

)

Basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 See accompanying notes to condensed financial statements (unaudited).

 

 

2


 

GORES HOLDINGS, INC.

CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY

For the Six Months Ended June 30, 2016 and the Period from June 1, 2015 (inception) to June 30, 2015

(Unaudited)

 

Common Stock

 

 

Additional

Paid-in

 

 

Deficit

Accumulated

During the

Development

 

 

Retained

 

 

Stockholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Stage

 

 

Earnings

 

 

Equity

 

Balance at January 1, 2016

 

11,110,204

 

 

 

1,112

 

 

 

5,468,811

 

 

 

 

 

 

(469,919

)

 

 

5,000,004

 

Change in proceeds subject to possible

   redemption; 35,545,719 shares at

   redemption value

 

219,077

 

 

 

22

 

 

 

2,190,748

 

 

 

 

 

 

 

 

 

2,190,770

 

Net loss

 

 

 

 

 

 

 

 

 

 

(2,190,766

)

 

 

 

 

 

(2,190,766

)

Balance at June 30, 2016

 

11,329,281

 

 

 

1,134

 

 

 

7,659,559

 

 

 

(2,190,766

)

 

 

(469,919

)

 

 

5,000,008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Deficit

Accumulated

During the

Development

 

 

Retained

 

 

Stockholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Stage

 

 

Earnings

 

 

Equity

 

Balance at June 1, 2015 (inception)

 

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Sale of Class F common stock to Sponsor

   in June 2015(1)

 

9,375,000

 

 

 

938

 

 

 

24,062

 

 

 

 

 

 

 

 

 

25,000

 

Net loss

 

 

 

 

 

 

 

 

 

 

(12,000

)

 

 

 

 

 

(12,000

)

Balance at June 30, 2015

 

9,375,000

 

 

 

938

 

 

 

24,062

 

 

 

(12,000

)

 

 

 

 

 

13,000

 

 

(1)   Reflects the forfeiture of 2,125,000 shares of Class F common stock. See Note 4.

 

     See accompanying notes to condensed financial statements (unaudited).

 

 

3


 

GORES HOLDINGS, INC.

CONDENSED STATEMENT OF CASH FLOWS

(Unaudited)

 

 

For the Six

 

 

For the period from June

 

 

months ended

 

 

1, 2015 (inception) to

 

Cash flows from operating activities:

June 30, 2016

 

 

June 30, 2015

 

Net loss

$

(2,190,766

)

 

$

(12,000

)

Changes in prepaid expenses

 

47,623

 

 

 

 

Changes in state franchise tax accrual

 

(7,855

)

 

 

 

Changes in accounts payable and accrued expenses

 

2,036,383

 

 

 

 

Changes in deferred offering costs associated with proposed public offering

 

 

 

 

(252,118

)

Changes in accrued expenses, formation and offering costs

 

 

 

 

194,618

 

 

 

 

 

 

 

 

 

Net cash used by operating activities

 

(114,615

)

 

 

(69,500

)

 

 

 

 

 

 

 

 

Cash flows from investing activities:

 

 

 

 

 

 

 

Cash deposited in Trust Account

 

 

 

 

 

Interest reinvested in Trust Account

 

(223,839

)

 

 

 

 

 

 

 

 

 

 

 

Net cash used in investing activities

 

(223,839

)

 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities:

 

 

 

 

 

 

 

Proceeds from notes and advances payable – related party

 

 

 

 

150,000

 

Proceeds from sale of Class F common stock to Sponsor

 

 

 

 

25,000

 

 

 

 

 

 

 

 

 

Net cash provided by financing activities

 

 

 

 

175,000

 

 

 

 

 

 

 

 

 

Increase in cash

 

(338,454

)

 

 

105,500

 

Cash at beginning of period

 

790,635

 

 

 

 

 

 

 

 

 

 

 

 

Cash at end of period

$

452,181

 

 

$

105,500

 

 

 

 

 

 

 

 

 

Supplemental disclosure of non-cash financing activities:

 

 

 

 

 

 

 

Deferred underwriting compensation

$

13,125,000

 

 

$

 

Offering costs included in accrued expenses

$

 

 

$

182,618

 

 

See accompanying notes to condensed financial statements (unaudited).

 

 

4


 

GORES HOLDINGS, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Note 1 — Organization and Business Operations

Organization and General

Gores Holdings, Inc. (the “Company”) was incorporated in Delaware on June 1, 2015. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company has neither engaged in any significant operations nor generated any revenue to date. The Company’s management has broad discretion with respect to the Business Combination. The Company’s sponsor is Gores Sponsor LLC, a Delaware limited liability company (the “Sponsor”). The Company has selected December 31 as its fiscal year-end.

At June 30, 2016, the Company had not commenced any significant operations. All activity for the period from June 1, 2015 (inception) through June 30, 2016 relates to the Company’s formation, initial public offering (“Public Offering”) described below and efforts directed toward locating a suitable Business Combination. The Company will not generate any operating revenues until after the completion of its Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Public Offering and the sale of the Private Placement Warrants (as defined below) held in the Trust Account (as defined below).

 

Financing

                    

The Company intends to finance a Business Combination with the net proceeds from its $375,000,000 Public Offering and its sale of $9,500,000 of Private Placement Warrants.

Upon the closing of the Public Offering on August 19, 2015 (the “Public Offering Closing Date”) and the sale of the Private Placement Warrants, an aggregate of $375,000,000 was placed in a trust account with Continental Stock Transfer & Trust Company (the “Trust Account”) acting as Trustee.  The remaining proceeds held outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses.                    

 

Trust Account

    

Funds held in the Trust Account can be invested only in U.S. government treasury bills with a maturity of one hundred and eighty (180) days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, that invest only in direct U.S. government obligations. As of June 30, 2016 and December 31, 2015, the Trust Account consisted solely of money market funds.

The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay income taxes, if any, none of the funds held in trust will be released until the earliest of: (i) the completion of the Business Combination; or (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.

    

Business Combination

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Public Offering, although substantially all of the net proceeds of the Public Offering are intended to be generally applied toward consummating a Business Combination. The Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest income earned) at the time of the Company signing a definitive agreement in connection with the Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect a Business Combination.

5


 

The Company, after signing a definitive agreement for a Business Combination, will either (i) seek stockholder approval of the Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their shares, regardless of whether they vote for or against the Business Combination, for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable, or (ii) provide stockholders with the opportunity to sell their shares to the Company by means of a tender offer (and thereby avoid the need for a stockholder vote) for an amount in cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable. The decision as to whether the Company will seek stockholder approval of the Business Combination or will allow stockholders to sell their shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval, unless a vote is required by law or under the rules of the National Association of Securities Dealers Automated Quotations Capital Market (“NASDAQ”). If the Company seeks stockholder approval, it will complete its Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Business Combination. However, in no event will the Company redeem its public shares of common stock in an amount that would cause its net tangible assets to be less than $5,000,001. In such case, the Company would not proceed with the redemption of its public shares of common stock and the related Business Combination, and instead may search for an alternate Business Combination.

As a result of the foregoing redemption provisions, the public shares of common stock have been recorded at redemption amount and classified as temporary equity, in accordance with ASC 480, “Distinguishing Liabilities from Equity” (“ASC 480”).

The Company only has 24 months from the closing date of the Public Offering to complete its Business Combination. If the Company does not complete a Business Combination within this period of time, it shall (i) cease all operations except for the purposes of winding up; (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem the public shares of  common stock for a per share pro rata portion of the Trust Account, including interest income, but less taxes payable (less up to $50,000 of such net interest income to pay dissolution expenses) and (iii) as promptly as possible following such redemption, dissolve and liquidate the balance of the Company’s net assets to its remaining stockholders, as part of its plan of dissolution and liquidation. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they waived their rights to participate in any redemption with respect to their Founder Shares (as defined below); however, if the Sponsor or any of the Company’s officers, directors or affiliates acquire public shares of common stock, they will be entitled to a pro rata share of the Trust Account in the event the Company does not complete a Business Combination within the required time period.

In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per Unit (as defined below) in the Public Offering.

 

Emerging Growth Company

Section 102(b)(1) of the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”) exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a registration statement pursuant to the Securities Act of 1933, as amended (the “Securities Act”) declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.

 

Note 2 — Significant Accounting Policies

Basis of Presentation

 

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the Securities and Exchange Commission (the “SEC”), and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2016 and the results of operations and cash flows for the period presented. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of results that may be expected for the full year in any other period.

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on March 17, 2016.

 

6


 

    

Net Loss Per Common Share

Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of common stock to be issued in connection with the conversion of Class F common stock or to settle warrants, as calculated using the treasury stock method. At June 30, 2016, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.                  

    

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution as well as the Trust Account, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

 

Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

 

Offering Costs

The Company complies with the requirements of the ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (SAB) Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Public Offering and were charged to stockholders’ equity upon the completion of the Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116 respectively (including $20,625,000 in underwriters’ fees), have been charged to stockholders’ equity.

 

Redeemable Common Stock

As discussed in Note 3, all of the 37,500,000 common shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company’s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s charter. In accordance with ASC 480, redemption provisions not solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its public shares in an amount that would cause its net tangible assets (stockholders’ equity) to be less than $5,000,001.

The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against additional paid in capital.

Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at its redemption value.

 

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period

7


 

that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

For those liabilities or benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax liabilities as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2016.

The Company may be subject to potential examination by U.S. federal, states or foreign jurisdiction authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income amounts various tax jurisdictions and compliance with U.S. federal, states or foreign tax laws.

The Company is incorporated in the State of Delaware and is required to pay franchise taxes to the State of Delaware on an annual basis. 

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company continually monitors its positions with and the credit quality of the financial institutions with which it invests. As of the balance sheet date, and periodically throughout the year, the Company has maintained balances in various operating accounts in excess of federally insured limits.

Trust Account

At June 30, 2016 and December 31, 2015, the Company had $375,234,320 and $375,010,481, respectively, in the Trust Account which may be utilized for Business Combinations. At June 30, 2016 and December 31, 2015, the Trust Account consisted of solely money market funds.

The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.

 

Recently Adopted Accounting Pronouncements

 

The Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as “Development Stage Entities” (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders’ equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.

The Company adopted FASB ASU No. 2014-15, which provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures. The adoption of this guidance did not have a significant impact on the financial statements.

In November 2015, the FASB issued ASU No. 2015-17, Income Taxes - Balance Sheet Classification of Deferred Taxes (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.

Going Concern Consideration

 

If the Company does not complete its Business Combination by August 19, 2017, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the

8


 

common stock sold as part of the units in the Public Offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of franchise and income taxes payable and less up to $50,000 of such net interest which may be distributed to the Company to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s Board of Directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.

In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per unit in the Public Offering. In addition if the Company fails to complete its Business Combination by August 19, 2017, there will be no redemption rights or liquidating distributions with respect to the warrants, which will expire worthless.

In addition, at June 30, 2016, the Company had current liabilities of $2,315,829 and working capital of ($1,652,122), largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination as described in Note 1. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.

 

Note 3 — Public Offering

Public Units

On August 19, 2015, the Company sold 37,500,000 units at a price of $10.00 per unit (the “Units”), including 2,500,000 Units as a result of the underwriters’ partial exercise of their over-allotment option, generating gross proceeds of $375,000,000. Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the “Warrants”). Each Warrant entitles the holder to purchase one-half of one share of Class A common stock for $5.75 per half share. Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. However, if the Company does not complete the Business Combination on or prior to the 24-month period allotted to complete the Business Combination, the Warrants will expire at the end of such period. The Warrants were issued in registered form under a warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and the Company. The Company did not register the shares of common stock issuable upon exercise of the Warrants under the Securities Act or any state securities law. Under the terms of the warrant agreement, the Company has agreed to use its best efforts to file a registration statement under the Securities Act following the completion of the Business Combination covering the shares of common stock issuable upon exercise of the Warrants.

The Company paid an upfront underwriting discount of 2.00% ($7,500,000) of the per Unit offering price to the underwriters at the closing of the Public Offering, with an additional fee (the “Deferred Discount”) of 3.50% of the per Unit offering price payable upon the Company’s completion of a Business Combination. The Deferred Discount will become payable to the underwriters from the amounts held in the Trust Account solely in the event the Company completes its Business Combination.

Note 4 — Related Party Transactions

Founder Shares

On June 12, 2015, the Sponsor purchased 11,500,000 shares of Class F common stock (the “Founder Shares”) for an aggregate purchase price of $25,000, or approximately $0.002 per share. Subsequently, the Sponsor transferred an aggregate of 75,000 Founder Shares to the Company’s independent directors (together with the Sponsor, the “Initial Stockholders”). On August 13, 2015, the Sponsor forfeited 1,437,500 Founder Shares, and following the expiration of the unexercised portion of underwriters’ over-allotment option, the Sponsor forfeited an additional 687,500 Founder Shares, so that the Founder Shares held by the Initial Stockholders would represent 20.0% of the outstanding shares of common stock following completion of the Public Offering. Such forfeitures were retroactively applied as indicated in the condensed statement of changes in stockholders’ equity to reflect an initial sale of 9,375,000 Founder Shares to the Sponsor in June 2015. The Founder Shares are identical to the common stock included in the Units sold in the Public Offering except that the Founder Shares will automatically convert into shares of Class A common stock at the time of the Business Combination on a one-for-one basis, subject to adjustment as described in the Company’s amended and restated certificate of incorporation.

 

Private Placement Warrants

     

The Sponsor purchased from the Company an aggregate of 19,000,000 warrants at a price of $0.50 per warrant (a purchase price of $9,500,000) in a private placement that occurred prior to the Public Offering (the “Private Placement Warrants”). Each Private Placement Warrant entitles the holder to purchase one-half of one share of Class A common stock at $5.75 per half share. A portion of

9


 

the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering to be held in the Trust Account pending completion of the Business Combination. The Private Placement Warrants have terms and provisions that are identical to those of the Warrants sold as part of the Units in the Public Offering, except that the Private Placement Warrants may be net cash settled and are not redeemable so long as they are held by the Sponsor or its permitted transferees

If the Company does not complete a Business Combination, then the Private Placement Warrants proceeds will be part of the liquidation distribution to the public stockholders and the Private Placement Warrants will expire worthless.

 

Registration Rights

The holders of Founder Shares, Private Placement Warrants and warrants issued upon conversion of working capital loans, if any, have registration rights (in the case of the Founder Shares, only after conversion of such shares to common shares) pursuant to a registration rights agreement entered into by the Company, the Sponsor and the other security holders named therein on August 13, 2015. These holders will also have certain demand and “piggy back” registration rights. The Company will bear the expenses incurred in connection with the filing of any such registration statements.    

 

Administrative Services Agreement

The Company entered into an administrative services agreement on August 13, 2015, pursuant to which it agreed to pay to an affiliate of the Sponsor $10,000 a month for office space, utilities and secretarial support. Services commenced on the date the securities were first listed on the NASDAQ Capital Market and will terminate upon the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company. For the three and six months ended June 30, 2016, the Company paid an affiliate of the Sponsor $30,000 and $60,000, respectively, for such services.

 

Note 5 — Deferred Underwriting Compensation

The Company is committed to pay the Deferred Discount totaling $13,125,000, or 3.50% of the gross offering proceeds of the Public Offering, to the underwriters upon the Company’s consummation of a Business Combination. The underwriters are not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriters if there is no Business Combination.

 

Note 6 — Income Taxes

Components of the Company’s deferred tax asset at June 30, 2016 are as follows:

 

Net operating loss

 

 

1,011,060

 

Valuation allowance

 

 

(1,011,060)

 

 

 

 

Components of the Company’s deferred tax asset at December 31, 2015 are as follows:

 

Net operating loss

 

 

178,569

 

Valuation allowance

 

 

(178,569)

 

 

 

 

 

The Company established a valuation allowance of approximately $1,011,060 as of June 30, 2016 and $178,569 as of December 31, 2015, which fully offsets the deferred tax asset as of June 30, 2016 and December 31, 2015 of approximately $1,011,060 and $178,569, respectively. The deferred tax asset results from applying an effective combined federal and state tax rate of 38% to net operating carryforwards of approximately $2,660,685 as of June 30, 2016 and $469,919 as of December 31, 2015, respectively. The Company’s net operating losses will expire beginning 2035.

The Company has evaluated tax positions taken or expected to be taken in the course of preparing the financial statements to determine if the tax positions are “more likely than not” of being sustained by the applicable tax authority. Tax positions not deemed to meet the “more likely than not” threshold would be recorded as a tax benefit or expense in the current year. The Company has concluded that there was no impact related to uncertain tax positions on the results of its operations for the three months ended June 30, 2016. As of June 30, 2016, the Company has no accrued interest or penalties related to uncertain tax positions. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company’s conclusions regarding tax positions will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analyses of tax laws, regulations, and interpretations thereof.

 

10


 

Note 7 — Investments and Cash Held in Trust

At June 30, 2016 and December 31, 2015, funds in the Trust Account totaled $375,234,320 and $375,010,481, respectively, and were held in a money market fund.

 

Note 8 — Fair Value Measurement

The Company complies with FASB ASC 820, Fair Value Measurements, for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually. ASC 820 determines fair value to be the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the exit price) in an orderly transaction between market participants at the measurement date.

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

June 30,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2016

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,234,320

 

 

 

375,234,320

 

 

 

 

 

Total

 

$

375,234,320

 

 

$

375,234,320

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

December 31,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2015

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,010,481

 

 

 

375,010,481

 

 

 

 

 

Total

 

$

375,010,481

 

 

$

375,010,481

 

 

$

 

 

$

 

 

Note 9 — Stockholders’ Equity

Common Stock

The Company is authorized to issue 220,000,000 shares of common stock, consisting of 200,000,000 shares of Class A common stock, par value $0.0001 per share and 20,000,000 shares of Class F common stock, par value $0.0001 per share. Holders of the Company’s common stock are entitled to one vote for each share of common stock and vote together as a single class. At June 30, 2016, there were 37,500,000 shares of Class A common stock and 9,375,000 shares of Class F common stock issued and outstanding.

 

Preferred Stock

The Company is authorized to issue 1,000,000 shares of preferred stock, par value $0.0001 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At June 30, 2016, there were no shares of preferred stock issued and outstanding.

 

Note 10 — Subsequent Events

 

Proposed Business Combination

On July 5, 2016, Gores Holdings, Inc. (the “Company”) entered into a Master Transaction Agreement (the “Master Transaction Agreement”), by and among the Company, Merger Sub, the Sellers and the Sellers’ Representative (each as defined in the Master Transaction Agreement), pursuant to which the Company will acquire Hostess Brands, LLC and related entities (the “Acquisition”).  The transactions set forth in the Master Transaction Agreement (the “Transactions”) will result in a “Business Combination” involving

11


 

the Company, as defined in the Company’s charter.  The Company will create a new class of common stock in connection with the Acquisition designated as the Class B common stock, par value $0.0001 per share.  The Class B common stock will be issued to effect an “Up-C” structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P.  The Class B common stock will have no economic interest, but will vote as a single class with the Class A common stock.  

 

 

Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with our unaudited condensed financial statements and the notes related thereto which are included in “Item 1. Financial Statements” of this Quarterly Report on Form 10-Q.

 

Cautionary note regarding forward-looking statements

All statements other than statements of historical fact included in this Quarterly Report on Form 10-Q including, without limitation, statements under this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. When used in this Quarterly Report on Form 10-Q, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to us or the Company’s management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in our filings with the Securities and Exchange Commission (the “SEC”).  All subsequent written or oral forward-looking statements attributable to us or persons acting on the Company’s behalf are qualified in their entirety by this paragraph.

 

Overview

 

We are a blank check company incorporated on June 1, 2015 as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”) with one or more target businesses. We have reviewed, and continue to review, a number of opportunities to enter into a Business Combination with an operating business, but we are not able to determine at this time whether we will complete a Business Combination with any of the target businesses that we have reviewed or with any other target business. We intend to effectuate our Business Combination using cash from the proceeds of our initial public offering (“Public Offering”) and the sale of an aggregate of 19,000,000 warrants at a price of $0.50 per warrant (a purchase price of $9,500,000) in a private placement that occurred prior to the Public Offering (the “Private Placement Warrants”), our capital stock, debt, or a combination of cash, stock and debt.

 

As indicated in the accompanying consolidated financial statements in “Item 1. Financial Statements,” at June 30, 2016, we had approximately $452,000 in cash and deferred offering costs of $13,125,000. We expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete our Business Combination will be successful.

 

 

Recent Developments

Proposed Hostess Business Combination

On July 5, 2016, Gores Holdings, Inc. (the “Company”) entered into a Master Transaction Agreement (the “Master Transaction Agreement”), by and among the Company, Merger Sub, the Sellers and the Sellers’ Representative (each as defined in the Master Transaction Agreement), pursuant to which the Company will acquire Hostess Brands, LLC and related entities (the “Acquisition”).  The transactions set forth in the Master Transaction Agreement (the “Transactions”) will result in a “Business Combination” involving the Company, as defined in the Company’s charter.  The Company will create a new class of common stock in connection with the Acquisition designated as the Class B common stock, par value $0.0001 per share.  The Class B common stock will be issued to effect an “Up-C” structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P.  The Class B common stock will have no economic interest, but will vote as a single class with the Class A common stock.  

12


 

The Master Transaction Agreement

As a result of the Acquisition, the Sellers will receive cash and shares of common stock of the Company, as calculated pursuant to the terms of the Master Transaction Agreement.  In order to facilitate the Acquisition, the Sponsor has agreed to the cancellation of a portion of its Founder Shares and the acquisition of shares of Class A common stock and Class B common stock by the Sellers (pursuant to the Master Transaction Agreement) and the participants in the Private Placement (as defined below) (pursuant to the subscription agreements entered into in connection therewith) at a discount.  

Pursuant to the Master Transaction Agreement, the aggregate consideration to be paid to the Sellers will consist of (i) an amount in cash equal to the Closing Cash Payment Amount (as defined in the Master Transaction Agreement), (ii) a number of shares of Class A common stock and Class B common stock equal to the Closing Number of Securities (as defined in the Master Transaction Agreement) and (iii) approximately 5.4 million shares of Class B common stock issued as part of a partial rollover of one Seller’s existing equity investment.  Based upon assumed net indebtedness of approximately $992 million (after giving effect to the partial repayment of existing indebtedness), the purchase price to be paid by the Company is expected to be approximately $2.3 billion.

In addition to the consideration to be paid at the closing of the transactions contemplated by the Master Transaction Agreement, the Sellers will be entitled to receive an additional earn-out payment from the Company of up to 5.5 million shares of Class A common stock and Class B common stock, subject to the achievement of a specified adjusted EBITDA level for each of fiscal years 2016 and 2017.

The Company and C. Dean Metropoulos will be parties to certain employment arrangements, pursuant to which Mr. Metropoulos will serve as Executive Chairman of the Board of Directors.  Mr. Metropoulos will receive approximately 2.5 million shares of Class B common stock under the employment arrangements at the closing of the Transactions.  In addition, Mr. Metropoulos will be entitled to receive an additional earn-out payment from the Company of up to 2.75 million shares (which may be paid in either Class A common stock or Class B common stock), subject to the achievement of a specified adjusted EBITDA level for fiscal year 2018.

Consummation of the transactions contemplated by the Master Transaction Agreement is subject to customary closing conditions as well as specified cash availability conditions.  The Master Transaction Agreement also contains customary representations and warranties and may be terminated by the parties thereto as specified therein.    

 

Private Placement Subscription Agreements

On July 5, 2016, the Company entered into subscription agreements with certain investors, including the Sponsor, pursuant to which the investors have agreed to purchase in the aggregate approximately 32.7 million shares of Class A common stock on a private placement basis for approximately $9.18 per share (the “Private Placement”). The proceeds from the Private Placement will be used to partially fund the cash consideration to be paid to the Sellers at the closing of the transactions contemplated by the Master Transaction Agreement.  The Private Placement is conditioned on, among other things, the closing of the Transactions.  The subscription agreements also contain customary representations and warranties and may be terminated by the parties thereto as specified therein.    

Tax Receivable Agreement

At the closing of the transactions contemplated by the Master Transaction Agreement, the Company will enter into a Tax Receivable Agreement with the Sellers and C. Dean Metropoulos. The Tax Receivable Agreement will generally provide for the payment by the Company to the Sellers of 85% of the net cash savings, if any, in U.S. federal, state and local income tax that the Company actually realizes (or is deemed to realize in certain circumstances) in periods after the closing of the Transactions, as a result of certain increases in tax basis, tax attributes and imputed interest, as specified therein.  The Company will retain the benefit of the remaining 15% of these cash savings. Certain payments under the Tax Receivable Agreement will be made to the Sellers in accordance with specified percentages, regardless of the source of the applicable tax attribute.  Although the amount and timing of any payments under the Tax Receivable Agreement will vary depending upon a number of factors, including the amount and timing of our income, we expect that the payments that we may make thereunder could be substantial.  The Tax Receivable Agreement may be terminated by the parties thereto as specified therein.

 

Promissory Note

On July 27, 2016, the Sponsor loaned the Company $500,000 pursuant to a promissory note issued by the Company to the Sponsor. The proceeds from the note will be used for on-going operational expenses and certain other expenses in connection with the Acquisition.  The note is unsecured, non-interest bearing and matures on the earlier of: (i) December 31, 2016 or (ii) the date on which the Company consummates the proposed Acquisition.

13


 

 

 

Results of Operations

For the three and six months ended June 30, 2016, we had a net loss of $1,983,812 and $2,190,766, respectively. Our business activities during the three and six month periods mainly consisted of identifying and evaluating prospective acquisition candidates for a Business Combination. We believe that we have sufficient funds available to complete our efforts to effect a Business Combination with an operating business by August 19, 2017. However, if our estimates of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our Business Combination.

As indicated in the accompanying unaudited consolidated financial statements, at June 30, 2016, we had approximately $452,000 in cash and deferred offering costs of $13,125,000. Further, we expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete our Business Combination will be successful.

 

Liquidity and Capital Resources

 

In June 2015, the Company’s sponsor, Gores Sponsor LLC, (the “Sponsor”) purchased an aggregate of 11,500,000 shares of Class F common stock (the “Founder Shares”) for an aggregate purchase price of $25,000, or approximately $0.002 per share. Subsequently, our Sponsor transferred an aggregate of 75,000 Founder Shares to each of our independent directors. Immediately prior to the Public Offering, our Sponsor forfeited 1,437,500 Founder Shares, and following the expiration of the unexercised portion of the underwriters’ over-allotment option, our Sponsor forfeited an additional 687,500 Founder Shares, so that the remaining Founder Shares held by our Sponsor and the Company’s independent directors (together, the “Initial Stockholders”) represented 20.0% of the outstanding shares upon completion of our Public Offering. On August 19, 2015, we consummated our Public Offering of 37,500,000 units at a price of $10.00 per unit (the “Units”), including 2,500,000 Units as a result of the underwriters’ partial exercise of their over-allotment option, generating gross proceeds of $375,000,000.  Prior to the Public Offering Closing Date, we completed the private sale of an aggregate of 19,000,000 Private Placement Warrants, each exercisable to purchase one-half of one share of Class A common stock at $5.75 per half share, to our Sponsor, at a price of $0.50 per Private Placement Warrant, generating gross proceeds, before expenses, of $9,500,000. After deducting the underwriting discounts and commissions (excluding the additional fee of 3.50% of the per Unit offering price payable upon the Company’s completion of a Business Combination (the “Deferred Discount”), which amount will be payable upon consummation of the Business Combination, if consummated) and the estimated offering expenses, the total net proceeds from our Public Offering and the sale of the Private Placement Warrants were $376,100,000, of which $375,000,000 (or $10.00 per share sold in the Public Offering) was placed in a trust account with Continental Stock Transfer & Trust Company (the “Trust Account”) acting as Trustee. The amount of proceeds not deposited in the Trust Account was $1,100,000 at the closing of our Public Offering. In addition, interest income on the funds held in the Trust Account may be released to us to pay our franchise and income tax obligations. As of June 30, 2016 and December 31, 2015, the Trust Account consisted solely of money market funds.

As of June 30, 2016 and December 31, 2015, we had cash held outside of the Trust Account of approximately $452,000 and $790,000, respectively, which is available to fund our working capital requirements.

 

At June 30, 2016 and December 31, 2015, the Company had current liabilities of $2,315,829 and $287,301, respectively, and working capital of ($1,652,122) and $762,484, respectively, largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.

 

We intend to use substantially all of the funds held in our Trust Account, including interest (which interest shall be net of taxes payable) to consummate our Business Combination. Moreover, we may need to obtain additional financing either to complete a Business Combination or because we become obligated to redeem a significant number of shares of our Class A common stock upon completion of a Business Combination. To the extent that our capital stock or debt is used, in whole or in part, as consideration to consummate our Business Combination, the remaining proceeds held in our Trust Account, if any, will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategy.

 

 

Off-balance sheet financing arrangements

We have no obligations, assets or liabilities which would be considered off-balance sheet arrangements. We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements.

We have not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or entered into any non-financial agreements involving assets.

14


 

 

Contractual obligations

 

As of June 30, 2016 and December 31, 2015, we did not have any long-term debt obligations, capital lease obligations, operating lease obligations, purchase obligations or long-term liabilities other than an administrative services agreement to pay monthly recurring expenses of $10,000 to The Gores Group LLC, an affiliate of our Sponsor, for office space, utilities and secretarial support. The administrative services agreement terminates upon the earlier of the completion of a Business Combination or the liquidation of the Company.

The underwriters are entitled to underwriting discounts and commissions of 5.5%, of which 2.0% ($7,500,000) was paid at the closing of the Public Offering, and 3.5% ($13,125,000) was deferred. The Deferred Discount will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. The underwriters are not entitled to any interest accrued on the Deferred Discount.

Critical Accounting Policies

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and income and expenses during the periods reported. Actual results could materially differ from those estimates. We have identified the following as our critical accounting policies:

 

Offering Costs

 

We comply with the requirements of the Accounting Standards Codification (the “ASC”) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders’ equity upon the completion of our Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116, respectively, (including $20,625,000 in underwriters’ fees), have been charged to stockholders’ equity.

 

Redeemable Common Stock

 

All of the 37,500,000 shares of Class A common stock sold as part of the Units in our Public Offering contain a redemption feature which allows for the redemption of such shares in connection with our liquidation, if there is a stockholder vote or tender offer in connection with our Business Combination and in connection with certain amendments to our charter. In accordance with ASC 480, “Distinguishing Liabilities from Equity” (“ASC 480”), redemption provisions not solely within our control require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although we did not specify a maximum redemption threshold, our charter provides that the Company will not redeem our public shares in an amount that would cause our net tangible assets (stockholders’ equity) to be less than $5,000,001.

We recognize changes in redemption value immediately as they occur and adjust the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against accumulated deficit.

Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at their redemption value.

 

Net loss per common share

Net loss per common share is computed by dividing net loss applicable to stockholders by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of Class A common stock to be issued in connection with the conversion of the Class F common stock or to settle Warrants (as defined below), as calculated using the treasury stock method. At June 30, 2016, we did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in our earnings under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.

 

Income taxes

Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in

15


 

which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

 

Recent accounting pronouncements

The Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as “Development Stage Entities” (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders’ equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.

In November 2015, the FASB issued ASU No. 2015-17, Income Taxes - Balance Sheet Classification of Deferred Taxes (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.

The Company adopted FASB ASU No. 2014-15, which provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures.

As of June 30, 2016, the Company’s financial statements have been presented to conform to the reporting and disclosure requirements of the above standards.

 

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

 

Market risk is a broad term for the risk of economic loss due to adverse changes in the fair value of a financial instrument. These changes may be the result of various factors, including interest rates, foreign exchange rates, commodity prices and/or equity prices. Our business activities for the three and six months ended June 30, 2016 consisted solely of organizational activities and activities relating to our Public Offering and the identification of a target company for our Business Combination. As of June 30, 2016, $375,234,320 (including accrued interest and subject to reduction by the Deferred Discount due at the consummation of the Business Combination) was held in the Trust Account for the purposes of consummating our Business Combination. As of such date, the Trust Account consisted solely of money market funds. Due to the short-term nature of the money market fund’s investments, we do not believe that there will be an associated material exposure to interest rate risk.

We have not engaged in any hedging activities during the three or six months ended June 30, 2016. We do not expect to engage in any hedging activities with respect to the market risk to which we are exposed.

Item 4.  Controls and Procedures

 

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in company reports filed or submitted under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of June 30, 2016. Based upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) were effective.

During the most recently completed fiscal quarter, there has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

16


 

PART II—OTHER INFORMATION

Item 1.  Legal Proceedings

None.

 

Item 1A.  Risk Factors

Factors that could cause our actual results to differ materially from those in this report are any of the risks described in our Annual Report on Form 10-K filed with the SEC on March 17, 2016. Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations.

As of the date of this Quarterly Report on Form 10-Q, there have been no material changes to the risk factors disclosed in our Annual Report on Form 10-K filed on March 17, 2016 with the SEC, however, we may disclose changes to such factors or disclose additional factors from time to time in our future filings with the SEC.

 

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

Unregistered Sales

 

On June 12, 2015, our Sponsor purchased 11,500,000 Founder Shares for an aggregate purchase price of $25,000, or approximately $0.002 per share. Subsequently, our Sponsor transferred an aggregate of 75,000 Founder Shares to our independent directors. On August 13, 2015, our Sponsor forfeited 1,437,500 Founder Shares, and following the expiration of the underwriters’ remaining over-allotment option, our Sponsor forfeited an additional 687,500 Founder Shares, so that the remaining Founder Shares held by the Initial Stockholders would represent 20.0% of the outstanding shares of Class A common stock and Class F common stock following the completion of our Public Offering. Our Public Offering was consummated on August 19, 2015.

Prior to the Public Offering Closing Date, we completed the private sale of an aggregate of 19,000,000 Private Placement Warrants to our Sponsor at a price of $0.50 per Private Placement Warrant, generating total proceeds, before expenses, of $9,500,000. The Private Placement Warrants are substantially similar to the Warrants underlying the Units issued in our Public Offering, except that the Private Placement Warrants may be net cash settled and are not redeemable so long as they are held by our Sponsor or its permitted transferees. If the Private Placement Warrants are held by holders other than our Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by us and exercisable by the holders on the same basis as the Warrants.

The sales of the above securities by the Company were exempt from registration under the Securities Act, in reliance on Section 4(a)(2) of the Securities Act as transactions by an issuer not involving a public offering.

Use of Proceeds

 

On August 13, 2015, our registration statement on Form S-1 (File No. 333-205734) was declared effective by the SEC for the Public Offering pursuant to which we sold an aggregate of 37,500,000 Units at an offering price to the public of $10.00 per Unit, including 2,500,000 Units as a result of the underwriters’ partial exercise of their over-allotment option, generating gross proceeds of $375,000,000.

After deducting the underwriting discounts and commissions (excluding the Deferred Discount, which amount will be payable upon the consummation of our Business Combination, if consummated) and the estimated offering expenses, the total net proceeds from our Public Offering and the sale of the Private Placement Warrants were $376,100,000, of which $375,000,000 (or $10.00 per share sold in the Public Offering) was placed in the Trust Account in the United States maintained by the Trustee.

Through June 30, 2016, we incurred approximately $8,282,117 for costs and expenses related to the Public Offering. At the closing of the Public Offering, we paid a total of $7,500,000 in underwriting discounts and commissions. In addition, the underwriters agreed to defer $13,125,000 in underwriting commissions, which amount will be payable upon consummation of our Business Combination, if consummated. There has been no material change in the planned use of proceeds from our Public Offering as described in our final prospectus which was filed with the SEC on August 13, 2015.

Our Sponsor, executive officers and directors have agreed, and our amended and restated certificate of incorporation provides, that we will have only 24 months from the Public Offering Closing Date to complete our Business Combination. If we are unable to complete our Business Combination within such 24-month period, we will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in our Trust Account, including interest (which interest shall be net of taxes payable, and less up to $50,000 of interest to pay dissolution expenses) divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption,

17


 

subject to the approval of our remaining stockholders and our Board of Directors, dissolve and liquidate, subject in each case to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.

As of June 30, 2016, after giving effect to our Public Offering and our operations subsequent thereto, approximately $375,234,320 was held in the Trust Account, and we had approximately $452,000 of unrestricted cash available to us for our activities in connection with identifying and conducting due diligence of a suitable Business Combination, and for general corporate matters.

Item 3.  Defaults Upon Senior Securities

None

 

Item 4.  Mine Safety Disclosures

Not Applicable.

 

Item 5.  Other Information

None.

 

Item 6.  Exhibits

 

The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.

 

Exhibit
Number

 

Description

31.1*

 

Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

31.2*

 

Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

32.1*

 

Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

 

 

32.2*

 

Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

 

 

101.INS*

 

XBRL Instance Document

 

 

 

101.SCH*

 

XBRL Taxonomy Extension Schema Document

 

 

 

101.CAL*

 

XBRL Taxonomy Extension Calculation Linkbase Document

 

 

 

101.DEF*

 

XBRL Taxonomy Extension Definition Linkbase Document

 

 

 

101.LAB*

 

XBRL Taxonomy Extension Label Linkbase Document

 

 

 

101.PRE*

 

XBRL Taxonomy Extension Presentation Linkbase Document

_____________________

 

* Filed herewith

18


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

GORES HOLDINGS, INC.

(Registrant)

 

 

 

Date: August 9, 2016

 

 

 

By:

         /s/ Mark Stone

 

 

Mark Stone

Chief Executive Officer

(Duly Authorized Officer and Principal Executive Officer)

 

 

 

EX-31.1 2 grshu-ex311_8.htm EX-31.1 grshu-ex311_8.htm

 

Exhibit 31.1

CERTIFICATION PURSUANT TO RULES 13a-14(a) AND 15d-14(a) UNDER THE

SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Mark Stone, certify that:

1.

I have reviewed this Quarterly Report on Form 10-Q of Gores Holdings, Inc.;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer and I have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

[Omitted];

 

(c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: August 9, 2016

By:

/s/ Mark Stone

 

 

Mark Stone

 

 

Chief Executive Officer

 

 

(Principal Executive Officer)

 

 

EX-31.2 3 grshu-ex312_7.htm EX-31.2 grshu-ex312_7.htm

 

Exhibit 31.2

CERTIFICATION PURSUANT TO RULES 13a-14(a) AND 15d-14(a) UNDER THE

SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Andrew McBride, certify that:

1.

I have reviewed this Quarterly Report on Form 10-Q of Gores Holdings, Inc.;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.

The registrant’s other certifying officer and I have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

[Omitted];

 

(c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: August 9, 2016

By:

/s/ Andrew McBride

 

 

Andrew McBride

 

 

Chief Financial Officer

 

 

(Principal Financial and Accounting Officer)

 

 

EX-32.1 4 grshu-ex321_6.htm EX-32.1 grshu-ex321_6.htm

 

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Gores Holdings, Inc. (the “Registrant”) on Form 10-Q for the quarterly period ending June 30, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I certify, in the capacity and on the date indicated below, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

the Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

This certificate is being furnished solely for the purposes of 18 U.S.C. Section 1350 and is not being filed as part of the Report or as a separate disclosure document.

 

Date: August 9, 2016

By:

/s/ Mark Stone

 

 

Mark Stone

 

 

Chief Executive Officer

 

 

(Principal Executive Officer)

 

 

EX-32.2 5 grshu-ex322_9.htm EX-32.2 grshu-ex322_9.htm

 

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Gores Holdings, Inc. (the “Registrant”) on Form 10-Q for the quarterly period ending June 30, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I certify, in the capacity and on the date indicated below, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)

the Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2)

the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

This certificate is being furnished solely for the purposes of 18 U.S.C. Section 1350 and is not being filed as part of the Report or as a separate disclosure document.

 

Date: August 9, 2016

By:

/s/ Andrew McBride

 

 

Andrew McBride

 

 

Chief Financial Officer

 

 

(Principal Financial and Accounting Officer)

 

 

EX-101.INS 6 grshu-20160630.xml XBRL INSTANCE DOCUMENT shares iso4217:USD iso4217:USD shares pure grshu:Vote 0001644406 2016-01-01 2016-06-30 0001644406 us-gaap:CommonClassAMember 2016-08-09 0001644406 grshu:CommonClassFMember 2016-08-09 0001644406 2016-06-30 0001644406 2015-12-31 0001644406 us-gaap:CommonClassAMember 2016-06-30 0001644406 us-gaap:CommonClassAMember 2015-12-31 0001644406 grshu:CommonClassFMember 2016-06-30 0001644406 grshu:CommonClassFMember 2015-12-31 0001644406 2016-04-01 2016-06-30 0001644406 2015-06-01 2015-06-30 0001644406 us-gaap:CommonStockMember 2015-12-31 0001644406 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0001644406 us-gaap:RetainedEarningsMember 2015-12-31 0001644406 us-gaap:CommonStockMember 2016-01-01 2016-06-30 0001644406 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-06-30 0001644406 grshu:DeficitAccumulatedDuringDevelopmentStageMember 2016-01-01 2016-06-30 0001644406 us-gaap:CommonStockMember 2016-06-30 0001644406 us-gaap:AdditionalPaidInCapitalMember 2016-06-30 0001644406 grshu:DeficitAccumulatedDuringDevelopmentStageMember 2016-06-30 0001644406 us-gaap:RetainedEarningsMember 2016-06-30 0001644406 us-gaap:CommonStockMember 2015-05-31 0001644406 us-gaap:AdditionalPaidInCapitalMember 2015-05-31 0001644406 grshu:DeficitAccumulatedDuringDevelopmentStageMember 2015-05-31 0001644406 us-gaap:RetainedEarningsMember 2015-05-31 0001644406 2015-05-31 0001644406 us-gaap:CommonStockMember grshu:CommonClassFMember 2015-06-01 2015-06-30 0001644406 us-gaap:AdditionalPaidInCapitalMember grshu:CommonClassFMember 2015-06-01 2015-06-30 0001644406 grshu:CommonClassFMember 2015-06-01 2015-06-30 0001644406 grshu:DeficitAccumulatedDuringDevelopmentStageMember 2015-06-01 2015-06-30 0001644406 us-gaap:CommonStockMember 2015-06-30 0001644406 us-gaap:AdditionalPaidInCapitalMember 2015-06-30 0001644406 grshu:DeficitAccumulatedDuringDevelopmentStageMember 2015-06-30 0001644406 2015-06-30 0001644406 us-gaap:IPOMember 2016-01-01 2016-06-30 0001644406 2015-08-19 0001644406 us-gaap:CommonStockMember us-gaap:IPOMember 2016-01-01 2016-06-30 0001644406 us-gaap:CommonStockMember 2015-01-01 2015-12-31 0001644406 us-gaap:IPOMember 2015-08-18 2015-08-19 0001644406 us-gaap:IPOMember 2015-08-19 0001644406 us-gaap:OverAllotmentOptionMember 2015-08-18 2015-08-19 0001644406 us-gaap:CommonClassAMember 2015-08-19 0001644406 2015-08-18 2015-08-19 0001644406 us-gaap:PrivatePlacementMember us-gaap:CommonClassAMember 2015-08-19 0001644406 us-gaap:PrivatePlacementMember us-gaap:CommonClassAMember 2016-01-01 2016-06-30 0001644406 grshu:CommonClassFMember grshu:GoresSponsorLLCMember 2015-06-12 0001644406 grshu:CommonClassFMember grshu:GoresSponsorLLCMember 2015-06-11 2015-06-12 0001644406 grshu:GoresSponsorLLCMember 2015-08-04 2015-08-05 0001644406 grshu:CommonClassFMember grshu:GoresSponsorLLCMember 2015-06-01 2015-06-30 0001644406 grshu:GoresSponsorLLCMember us-gaap:CommonStockMember 2016-01-01 2016-06-30 0001644406 grshu:CommonClassFMember grshu:PriorToPricingOfPublicOfferingMember grshu:GoresSponsorLLCMember 2015-08-12 2015-08-13 0001644406 grshu:CommonClassFMember us-gaap:OverAllotmentOptionMember grshu:GoresSponsorLLCMember 2015-08-12 2015-08-13 0001644406 us-gaap:IPOMember grshu:GoresSponsorLLCMember 2015-08-12 2015-08-13 0001644406 grshu:GoresSponsorLLCMember 2015-08-18 2015-08-19 0001644406 grshu:GoresSponsorLLCMember 2015-08-19 0001644406 us-gaap:PrivatePlacementMember grshu:GoresSponsorLLCMember 2015-08-18 2015-08-19 0001644406 us-gaap:PrivatePlacementMember us-gaap:CommonClassAMember grshu:GoresSponsorLLCMember 2016-01-01 2016-06-30 0001644406 us-gaap:PrivatePlacementMember us-gaap:CommonClassAMember grshu:GoresSponsorLLCMember 2015-08-19 0001644406 grshu:AdministrativeServicesAgreementMember grshu:GoresSponsorLLCMember 2015-08-13 0001644406 grshu:AdministrativeServicesAgreementMember grshu:GoresSponsorLLCMember 2016-04-01 2016-06-30 0001644406 grshu:AdministrativeServicesAgreementMember grshu:GoresSponsorLLCMember 2016-01-01 2016-06-30 0001644406 2015-01-01 2015-12-31 0001644406 us-gaap:MoneyMarketFundsMember 2016-06-30 0001644406 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2016-06-30 0001644406 us-gaap:FairValueInputsLevel1Member 2016-06-30 0001644406 us-gaap:MoneyMarketFundsMember 2015-12-31 0001644406 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2015-12-31 0001644406 us-gaap:FairValueInputsLevel1Member 2015-12-31 0001644406 us-gaap:SubsequentEventMember us-gaap:CommonClassBMember grshu:HostessBrandLLCAndRelatedEntitiesMember 2016-07-05 0001644406 us-gaap:SubsequentEventMember us-gaap:CommonClassBMember grshu:HostessBrandLLCAndRelatedEntitiesMember 2016-07-04 2016-07-05 10-Q false 2016-06-30 2016 Q2 GRSHU Gores Holdings, Inc. 0001644406 --12-31 Non-accelerated Filer 37500000 9375000 452181 790635 211526 259149 663707 1049785 375234320 375010481 375898027 376060265 2253767 217384 62062 69917 2315829 287301 13125000 13125000 15440829 13412301 355457190 357647960 195 174 938 938 7659560 5468811 -2660685 -469919 5000008 5000004 375898027 376060265 35545719 35764796 10.00 10.00 0.0001 0.0001 1000000 1000000 0 0 0 0 0.0001 0.0001 200000000 200000000 1954281 1735204 1954281 1735204 0.0001 0.0001 20000000 20000000 9375000 9375000 9375000 9375000 0 0 0 2091783 12000 2325835 45000 90000 -2136783 -12000 -2415835 152971 225069 -1983812 -12000 -2190766 11027712 9375000 11027712 -0.18 0.00 -0.20 1112 5468811 -469919 11110204 22 2190748 2190770 219077 -2190766 1134 7659559 -2190766 -469919 11329281 0 0 0 0 0 0 938 24062 25000 9375000 -12000 938 24062 -12000 13000 9375000 35545719 2125000 -47623 -7855 2036383 252118 194618 -114615 -69500 0 0 223839 -223839 150000 25000 175000 -338454 105500 105500 13125000 182618 <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 1&#160;&#8212;&#160;Organization and Business Operations</p> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Organization and General</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Gores Holdings, Inc. (the &#8220;Company&#8221;) was incorporated in Delaware on June&#160;1, 2015. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the &#8220;Business Combination&#8221;). The Company has neither engaged in any significant operations nor generated any revenue to date. The Company&#8217;s management has broad discretion with respect to the Business Combination. The Company&#8217;s sponsor is Gores Sponsor LLC, a Delaware limited liability company (the &#8220;Sponsor&#8221;). The Company has selected December 31 as its fiscal year-end.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At June 30, 2016, the Company had not commenced any significant operations. All activity for the period from June 1, 2015 (inception) through June 30, 2016 relates to the Company&#8217;s formation, initial public offering (&#8220;Public Offering&#8221;) described below and efforts directed toward locating a suitable Business Combination. The Company will not generate any operating revenues until after the completion of its Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Public Offering and the sale of the Private Placement Warrants (as defined below) held in the Trust Account (as defined below).</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Financing</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company intends to finance a Business Combination with the net proceeds from its $375,000,000 Public Offering and its sale of $9,500,000 of Private Placement Warrants.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Upon the closing of the Public Offering on August 19, 2015 (the &#8220;Public Offering Closing Date&#8221;) and the sale of the Private Placement Warrants, an aggregate of $375,000,000 was placed in a trust account with Continental Stock Transfer &amp; Trust Company (the &#8220;Trust Account&#8221;) acting as Trustee.&nbsp;&nbsp;The remaining proceeds held outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Trust Account</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Funds held in the Trust Account can be invested only in U.S. government treasury bills with a maturity of one hundred and eighty (180) days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, that invest only in direct U.S. government obligations. As of June 30, 2016 and December 31, 2015, the Trust Account consisted solely of money market funds.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay income taxes, if any, none of the funds held in trust will be released until the earliest of: (i) the completion of the Business Combination; or (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company&#8217;s amended and restated certificate of incorporation to modify the substance or timing of the Company&#8217;s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules<font style="font-size:8pt;">.</font> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Business Combination</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s management has broad discretion with respect to the specific application of the net proceeds of the Public Offering, although substantially all of the net proceeds of the Public Offering are intended to be generally applied toward consummating a Business Combination. The Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest income earned) at the time of the Company signing a definitive agreement in connection with the Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect a Business Combination.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company, after signing a definitive agreement for a Business Combination, will either (i)&#160;seek stockholder approval of the Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their shares, regardless of whether they vote for or against the Business Combination, for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable, or (ii)&#160;provide stockholders with the opportunity to sell their shares to the Company by means of a tender offer (and thereby avoid the need for a stockholder vote) for an amount in cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable. The decision as to whether the Company will seek stockholder approval of the Business Combination or will allow stockholders to sell their shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval, unless a vote is required by law or under the rules of the National Association of Securities Dealers Automated Quotations Capital Market (&#8220;NASDAQ&#8221;). If the Company seeks stockholder approval, it will complete its Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Business Combination. However, in no event will the Company redeem its public shares of common stock in an amount that would cause its net tangible assets to be less than $5,000,001. In such case, the Company would not proceed with the redemption of its public shares of common stock and the related Business Combination, and instead may search for an alternate Business Combination.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As a result of the foregoing redemption provisions, the public shares of common stock have been recorded at redemption amount and classified as temporary equity, in accordance with ASC 480, &#8220;Distinguishing Liabilities from Equity&#8221; (&#8220;ASC 480&#8221;).</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company only has 24 months from the closing date of the Public Offering to complete its Business Combination. If the Company does not complete a Business Combination within this period of time, it shall (i)&#160;cease all operations except for the purposes of winding up; (ii)&#160;as promptly as reasonably possible, but not more than ten business days thereafter, redeem the public shares of&nbsp;&nbsp;common stock for a per share pro rata portion of the Trust Account, including interest income, but less taxes payable (less up to $50,000 of such net interest income to pay dissolution expenses) and (iii)&#160;as promptly as possible following such redemption, dissolve and liquidate the balance of the Company&#8217;s net assets to its remaining stockholders, as part of its plan of dissolution and liquidation. The Sponsor and the Company&#8217;s officers and directors have entered into a letter agreement with the Company, pursuant to which they waived their rights to participate in any redemption with respect to their Founder Shares (as defined below); however, if the Sponsor or any of the Company&#8217;s officers, directors or affiliates acquire public shares of common stock, they will be entitled to a pro rata share of the Trust Account in the event the Company does not complete a Business Combination within the required time period.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per Unit (as defined below) in the Public Offering.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Emerging Growth Company</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Section 102(b)(1) of the Jumpstart Our Business Startups Act of 2012 (the &#8220;JOBS Act&#8221;) exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a registration statement pursuant to the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;) declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;)) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.<font style="font-size:12pt;"> </font></p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 2&#160;&#8212;&#160;Significant Accounting Policies</p> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Basis of Presentation</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) and pursuant to the accounting and disclosure rules and regulations of the Securities and Exchange Commission (the &#8220;SEC&#8221;), and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2016 and the results of operations and cash flows for the period presented. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of results that may be expected for the full year in any other period.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements included in the Company&#8217;s Annual Report on Form 10-K filed with the SEC on March 17, 2016.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Net Loss Per Common Share</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of common stock to be issued in connection with the conversion of Class F common stock or to settle warrants, as calculated using the treasury stock method. At June 30, 2016, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.&#160;&#160;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;&#160; &#160;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution as well as the Trust Account, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Financial Instruments</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fair value of the Company&#8217;s assets and liabilities, which qualify as financial instruments under ASC 820, &#8220;Fair Value Measurements and Disclosures,&#8221; approximates the carrying amounts represented in the balance sheet.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Offering Costs</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company complies with the requirements of the ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (SAB) Topic 5A&#160;&#8212;&#160;&#8220;Expenses of Offering.&#8221; Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Public Offering and were charged to stockholders&#8217; equity upon the completion of the Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116 respectively (including $20,625,000 in underwriters&#8217; fees), have been charged to stockholders&#8217; equity.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Redeemable Common Stock</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As discussed in Note 3, all of the 37,500,000 common shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company&#8217;s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company&#8217;s charter. In accordance with ASC 480, redemption provisions not solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity&#8217;s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its public shares in an amount that would cause its net tangible assets (stockholders&#8217; equity) to be less than $5,000,001.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against additional paid in capital.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at its redemption value.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires the Company&#8217;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Income Taxes</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:8pt;font-family:Times New Roman;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company follows the asset and liability method of accounting for income taxes under ASC 740, &#8220;Income Taxes.&#8221; Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For those liabilities or benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax liabilities as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2016. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company may be subject to potential examination by U.S. federal, states or foreign jurisdiction authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income amounts various tax jurisdictions and compliance with U.S. federal, states or foreign tax laws. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is incorporated in the State of Delaware and is required to pay franchise taxes to the State of Delaware on an annual basis.<font style="font-size:8pt;">&#160;</font></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Cash and Cash Equivalents</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company continually monitors its positions with and the credit quality of the financial institutions with which it invests. As of the balance sheet date, and periodically throughout the year, the Company has maintained balances in various operating accounts in excess of federally insured limits.</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Trust Account</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At June 30, 2016 and December 31, 2015, the Company had $<font style="color:#000000;">375,234,320</font> and $375,010,481, respectively, in the Trust Account which may be utilized for Business Combinations. At June 30, 2016 and December 31, 2015, the Trust Account consisted of solely money market funds.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company&#8217;s amended and restated certificate of incorporation to modify the substance or timing of the Company&#8217;s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#auto;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Recently Adopted Accounting Pronouncements</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company adopted Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as &#8220;Development Stage Entities&#8221; (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders&#8217; equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company adopted FASB ASU No. 2014-15, which provided guidance on management&#8217;s responsibility in evaluating whether there is substantial doubt about a company&#8217;s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures. The adoption of this guidance did not have a significant impact on the financial statements.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In November 2015, the FASB issued ASU No. 2015-17, <font style="font-style:italic;">Income Taxes - Balance Sheet Classification of Deferred Taxes</font> (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#auto;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Going Concern Consideration</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">If the Company does not complete its Business Combination by August 19, 2017, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the common stock sold as part of the units in the Public Offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of franchise and income taxes payable and less up to $50,000 of such net interest which may be distributed to the Company to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders&#8217; rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company&#8217;s remaining stockholders and the Company&#8217;s Board of Directors, dissolve and liquidate, subject in each case to the Company&#8217;s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per unit in the Public Offering. In addition if the Company fails to complete its Business Combination by August 19, 2017, there will be no redemption rights or liquidating distributions with respect to the warrants, which will expire worthless.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition, at June 30, 2016, the Company had current liabilities of $2,315,829 and working capital of ($1,652,122), largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination as described in Note 1. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 3&#160;&#8212;&#160;Public Offering</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Public Units</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On August&#160;19, 2015, the Company sold 37,500,000 units at a price of $10.00 per unit (the &#8220;Units&#8221;), including 2,500,000 Units as a result of the underwriters&#8217; partial exercise of their over-allotment option, generating gross proceeds of $375,000,000. Each Unit consists of one share of the Company&#8217;s Class&#160;A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the &#8220;Warrants&#8221;).&#160;Each Warrant entitles the holder to purchase one-half of one share of Class&#160;A common stock for $5.75 per half share.&#160;Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.&#160;However, if the Company does not complete the Business Combination on or prior to the 24-month period allotted to complete the Business Combination, the Warrants will expire at the end of such period.&#160;The Warrants were issued in registered form under a warrant agreement between Continental Stock Transfer&#160;&amp; Trust Company, as warrant agent, and the Company. The Company did not register the shares of common stock issuable upon exercise of the Warrants under the Securities Act or any state securities law. Under the terms of the warrant agreement, the Company has agreed to use its best efforts to file a registration statement under the Securities Act following the completion of the Business Combination covering the shares of common stock issuable upon exercise of the Warrants.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company paid an upfront underwriting discount of 2.00% ($7,500,000) of the per Unit offering price to the underwriters at the closing of the Public Offering, with an additional fee (the &#8220;Deferred Discount&#8221;) of 3.50% of the per Unit offering price payable upon the Company&#8217;s completion of a Business Combination. The Deferred Discount will become payable to the underwriters from the amounts held in the Trust Account solely in the event the Company completes its Business Combination.</p></div> <div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 4&#160;&#8212;&#160;Related Party Transactions</p> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Founder Shares</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On June&#160;12, 2015, the Sponsor purchased 11,500,000 shares of Class F common stock (the &#8220;Founder Shares&#8221;) for an aggregate purchase price of $25,000, or approximately $0.002 per share. Subsequently, the Sponsor transferred an aggregate of 75,000 Founder Shares to the Company&#8217;s independent directors (together with the Sponsor, the &#8220;Initial Stockholders&#8221;). On August 13, 2015, the Sponsor forfeited 1,437,500 Founder Shares, and following the expiration of the unexercised portion of underwriters&#8217; over-allotment option, the Sponsor forfeited an additional 687,500 Founder Shares, so that the Founder Shares held by the Initial Stockholders would represent 20.0% of the outstanding shares of common stock following completion of the Public Offering. Such forfeitures were retroactively applied as indicated in the condensed statement of changes in stockholders&#8217; equity to reflect an initial sale of 9,375,000 Founder Shares to the Sponsor in June 2015. The Founder Shares are identical to the common stock included in the Units sold in the Public Offering except that the Founder Shares will automatically convert into shares of Class&#160;A common stock at the time of the Business Combination on a one-for-one basis, subject to adjustment as described in the Company&#8217;s amended and restated certificate of incorporation.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Private Placement Warrants</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;&#160; &#160;&#160;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Sponsor purchased from the Company an aggregate of 19,000,000 warrants at a price of $0.50 per warrant (a purchase price of $9,500,000) in a private placement that occurred prior to the Public Offering (the &#8220;Private Placement Warrants&#8221;). Each Private Placement Warrant entitles the holder to purchase one-half of one share of Class A common stock at $5.75 per half share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering to be held in the Trust Account pending completion of the Business Combination. The Private Placement Warrants have terms and provisions that are identical to those of the Warrants sold as part of the Units in the Public Offering, except that the Private Placement Warrants may be net cash settled and are not redeemable so long as they are held by the Sponsor or its permitted transferees</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">If the Company does not complete a Business Combination, then the Private Placement Warrants proceeds will be part of the liquidation distribution to the public stockholders and the Private Placement Warrants will expire worthless.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Registration Rights</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The holders of Founder Shares, Private Placement Warrants and warrants issued upon conversion of working capital loans, if any, have registration rights (in the case of the Founder Shares, only after conversion of such shares to common shares) pursuant to a registration rights agreement entered into by the Company, the Sponsor and the other security holders named therein on August&#160;13, 2015. These holders will also have certain demand and &#8220;piggy back&#8221; registration rights. The Company will bear the expenses incurred in connection with the filing of any such registration statements.&#160;&#160;&#160;&#160;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Administrative Services Agreement</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company entered into an administrative services agreement on August&#160;13, 2015, pursuant to which it agreed to pay to an affiliate of the Sponsor $10,000 a month for office space, utilities and secretarial support. Services commenced on the date the securities were first listed on the NASDAQ Capital Market and will terminate upon the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company. For the three and six months ended June 30, 2016, the Company paid an affiliate of the Sponsor $30,000 and $60,000, respectively, for such services.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 5 &#8212; Deferred Underwriting Compensation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is committed to pay the Deferred Discount totaling $13,125,000, or 3.50% of the gross offering proceeds of the Public Offering, to the underwriters upon the Company&#8217;s consummation of a Business Combination. The underwriters are not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriters if there is no Business Combination. </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 6 &#8212; Income Taxes</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Components of the Company&#8217;s deferred tax asset at June 30, 2016 are as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:60%;"> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net operating loss</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,011,060</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:75.06%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Valuation allowance</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1,011,060)</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> </tr> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Components of the Company&#8217;s deferred tax asset at December 31, 2015 are as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:60%;"> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net operating loss</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">178,569</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:75.06%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Valuation allowance</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(178,569)</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> </tr> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company established a valuation allowance of approximately $1,011,060 as of June 30, 2016 and $178,569 as of December 31, 2015, which fully offsets the deferred tax asset as of June 30, 2016 and December 31, 2015 of approximately $1,011,060 and $178,569, respectively. The deferred tax asset results from applying an effective combined federal and state tax rate of 38% to net operating carryforwards of approximately $2,660,685 as of June 30, 2016 and $469,919 as of December 31, 2015, respectively. The Company&#8217;s net operating losses will expire beginning 2035.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has evaluated tax positions taken or expected to be taken in the course of preparing the financial statements to determine if the tax positions are &#8220;more likely than not&#8221; of being sustained by the applicable tax authority. Tax positions not deemed to meet the &#8220;more likely than not&#8221; threshold would be recorded as a tax benefit or expense in the current year. The Company has concluded that there was no impact related to uncertain tax positions on the results of its operations for the three months ended June 30, 2016. As of June 30, 2016, the Company has no accrued interest or penalties related to uncertain tax positions. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company&#8217;s conclusions regarding tax positions will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analyses of tax laws, regulations, and interpretations thereof.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 7 &#8212; Investments and Cash Held in Trust</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At June 30, 2016 and December 31, 2015, funds in the Trust Account totaled $375,234,320 and $375,010,481, respectively, and were held in a money market fund.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 8 &#8212; Fair Value Measurement</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company complies with FASB ASC 820, Fair Value Measurements, for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually.<font style="color:#000000;"> ASC 820 determines fair value to be the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the exit price) in an orderly transaction between market participants at the measurement date.</font></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents information about the Company&#8217;s assets that are measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:98.46%;"> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:11.9pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:13.25pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Quoted<font style="font-family:Calibri;">&#160;</font>Prices<font style="font-family:Calibri;">&#160;</font>in</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Observable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Unobservable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">June 30,</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Active Markets</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2016</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 1)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 2)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 3)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:24.5pt;"> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in money market funds held in Trust Account</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.22%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:8.98%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:10.8%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:11.9pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:13.25pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Quoted<font style="font-family:Calibri;">&#160;</font>Prices<font style="font-family:Calibri;">&#160;</font>in</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Observable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Unobservable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">December 31,</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Active Markets</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2015</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 1)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 2)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 3)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:24.5pt;"> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in money market funds held in Trust Account</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.22%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:8.98%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:10.8%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 9 &#8212; Stockholders&#8217; Equity</p> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Common Stock</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is authorized to issue 220,000,000 shares of common stock, consisting of 200,000,000 shares of Class&#160;A common stock, par value $0.0001 per share and 20,000,000 shares of Class F common stock, par value $0.0001 per share. Holders of the Company&#8217;s common stock are entitled to one vote for each share of common stock and vote together as a single class. At June 30, 2016, there were 37,500,000 shares of Class&#160;A common stock and 9,375,000 shares of Class F common stock issued and outstanding.</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Preferred Stock</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is authorized to issue 1,000,000 shares of preferred stock, par value $0.0001 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At June 30, 2016, there were no shares of preferred stock issued and outstanding.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 10 &#8212; Subsequent Events</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Proposed Business Combination</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On July 5, 2016, Gores Holdings, Inc. (the &#8220;Company&#8221;) entered into a Master Transaction Agreement (the &#8220;Master Transaction Agreement&#8221;), by and among the Company, Merger Sub, the Sellers and the Sellers&#8217; Representative (each as defined in the Master Transaction Agreement), pursuant to which the Company will acquire Hostess Brands, LLC and related entities (the &#8220;Acquisition&#8221;).&nbsp;&nbsp;The transactions set forth in the Master Transaction Agreement (the &#8220;Transactions&#8221;) will result in a &#8220;Business Combination&#8221; involving the Company, as defined in the Company&#8217;s charter.&nbsp;&nbsp;The Company will create a new class of common stock in connection with the Acquisition designated as the Class B common stock, par value $0.0001 per share.&nbsp;&nbsp;The Class B common stock will be issued to effect an &#8220;Up-C&#8221; structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P.&nbsp;&nbsp;The Class B common stock will have no economic interest, but will vote as a single class with the Class A common stock.&nbsp;&nbsp;</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Basis of Presentation</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) and pursuant to the accounting and disclosure rules and regulations of the Securities and Exchange Commission (the &#8220;SEC&#8221;), and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2016 and the results of operations and cash flows for the period presented. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of results that may be expected for the full year in any other period.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements included in the Company&#8217;s Annual Report on Form 10-K filed with the SEC on March 17, 2016.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Net Loss Per Common Share</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of common stock to be issued in connection with the conversion of Class F common stock or to settle warrants, as calculated using the treasury stock method. At June 30, 2016, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.&#160;&#160;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution as well as the Trust Account, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Financial Instruments</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The fair value of the Company&#8217;s assets and liabilities, which qualify as financial instruments under ASC 820, &#8220;Fair Value Measurements and Disclosures,&#8221; approximates the carrying amounts represented in the balance sheet.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Offering Costs</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company complies with the requirements of the ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (SAB) Topic 5A&#160;&#8212;&#160;&#8220;Expenses of Offering.&#8221; Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Public Offering and were charged to stockholders&#8217; equity upon the completion of the Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116 respectively (including $20,625,000 in underwriters&#8217; fees), have been charged to stockholders&#8217; equity.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Redeemable Common Stock</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As discussed in Note 3, all of the 37,500,000 common shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company&#8217;s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company&#8217;s charter. In accordance with ASC 480, redemption provisions not solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity&#8217;s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its public shares in an amount that would cause its net tangible assets (stockholders&#8217; equity) to be less than $5,000,001.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against additional paid in capital.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at its redemption value.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires the Company&#8217;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.27%;text-indent:-2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Income Taxes</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:8pt;font-family:Times New Roman;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company follows the asset and liability method of accounting for income taxes under ASC 740, &#8220;Income Taxes.&#8221; Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For those liabilities or benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax liabilities as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2016. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company may be subject to potential examination by U.S. federal, states or foreign jurisdiction authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income amounts various tax jurisdictions and compliance with U.S. federal, states or foreign tax laws. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is incorporated in the State of Delaware and is required to pay franchise taxes to the State of Delaware on an annual basis.<font style="font-size:8pt;">&#160;</font></p></div> <div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Cash and Cash Equivalents</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company continually monitors its positions with and the credit quality of the financial institutions with which it invests. As of the balance sheet date, and periodically throughout the year, the Company has maintained balances in various operating accounts in excess of federally insured limits.</p></div> <div> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Trust Account</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At June 30, 2016 and December 31, 2015, the Company had $<font style="color:#000000;">375,234,320</font> and $375,010,481, respectively, in the Trust Account which may be utilized for Business Combinations. At June 30, 2016 and December 31, 2015, the Trust Account consisted of solely money market funds.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company&#8217;s amended and restated certificate of incorporation to modify the substance or timing of the Company&#8217;s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.</p></div> <div> <p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#auto;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Recently Adopted Accounting Pronouncements</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company adopted Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as &#8220;Development Stage Entities&#8221; (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders&#8217; equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company adopted FASB ASU No. 2014-15, which provided guidance on management&#8217;s responsibility in evaluating whether there is substantial doubt about a company&#8217;s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures. The adoption of this guidance did not have a significant impact on the financial statements.</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In November 2015, the FASB issued ASU No. 2015-17, <font style="font-style:italic;">Income Taxes - Balance Sheet Classification of Deferred Taxes</font> (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.</p></div> <div> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#auto;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Going Concern Consideration</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:6.67%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">If the Company does not complete its Business Combination by August 19, 2017, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the common stock sold as part of the units in the Public Offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of franchise and income taxes payable and less up to $50,000 of such net interest which may be distributed to the Company to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders&#8217; rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company&#8217;s remaining stockholders and the Company&#8217;s Board of Directors, dissolve and liquidate, subject in each case to the Company&#8217;s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. </p> <p style="margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per unit in the Public Offering. In addition if the Company fails to complete its Business Combination by August 19, 2017, there will be no redemption rights or liquidating distributions with respect to the warrants, which will expire worthless.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition, at June 30, 2016, the Company had current liabilities of $2,315,829 and working capital of ($1,652,122), largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination as described in Note 1. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.</p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Components of the Company&#8217;s deferred tax asset at June 30, 2016 are as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:60%;"> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net operating loss</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,011,060</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:75.06%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Valuation allowance</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1,011,060)</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> </tr> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Components of the Company&#8217;s deferred tax asset at December 31, 2015 are as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:60%;"> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net operating loss</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">178,569</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:75.06%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Valuation allowance</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:21.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(178,569)</p></td> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.26%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> </tr> <tr> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:75.06%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:22.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.26%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> <div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The following table presents information about the Company&#8217;s assets that are measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:98.46%;"> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:11.9pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:13.25pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Quoted<font style="font-family:Calibri;">&#160;</font>Prices<font style="font-family:Calibri;">&#160;</font>in</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Observable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Unobservable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">June 30,</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Active Markets</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2016</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 1)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 2)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 3)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:24.5pt;"> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in money market funds held in Trust Account</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,234,320</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.22%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:8.98%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:10.8%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;;font-size:8pt;">&nbsp;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Significant</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:11.9pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Other</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:13.25pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Quoted<font style="font-family:Calibri;">&#160;</font>Prices<font style="font-family:Calibri;">&#160;</font>in</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Observable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Unobservable</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">December 31,</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Active Markets</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Inputs</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.62%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2015</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.66%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 1)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="bottom" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 2)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(Level 3)</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:24.5pt;"> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%; border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Investments in money market funds held in Trust Account</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.2%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td colspan="2" valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:12.26%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> <tr style="height:12.6pt;"> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:45.98%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:13.7pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.2%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.44%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.48%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:13.18%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">375,010,481</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.22%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:8.98%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.46%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="middle" style="width:10.8%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8212;</p></td> <td valign="middle" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:0.66%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div> 375000000 9500000 375000000 1.00 P24M 0.80 5000001 50000 250000 21407116 21407116 20625000 20625000 37500000 35545719 35764796 0 -1652122 37500000 10.00 2500000 375000000 0.0001 Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the “Warrants”). Each Warrant entitles the holder to purchase one-half of one share of Class A common stock for $5.75 per half share. Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. P30D 5.75 P12M P5Y one-half of one share 0.0200 7500000 0.0350 11500000 25000 0.002 75000 9375000 Founder Shares will automatically convert into shares of Class A common stock at the time of the Business Combination on a one-for-one basis, subject to adjustment as described in the Company’s amended and restated certificate of incorporation 1437500 687500 0.200 19000000 0.0050 9500000 one-half of one share 5.75 10000 30000 60000 The Company is committed to pay the Deferred Discount totaling $13,125,000, or 3.50% of the gross offering proceeds of the Public Offering, to the underwriters upon the Company’s consummation of a Business Combination. The underwriters are not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriters if there is no Business Combination. 0.0350 1011060 1011060 178569 178569 0.38 0.38 2660685 469919 2035 375234320 375234320 375234320 375234320 375010481 375010481 375010481 375010481 220000000 0.0001 Holders of the Company’s common stock are entitled to one vote for each share of common stock and vote together as a single class. 1 37500000 37500000 0.0001 The Class B common stock will be issued to effect an “Up-C” structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P. Vote as a single class with the Class A common stock. Reflects the forfeiture of 2,125,000 shares of Class F common stock. See Note 4. EX-101.SCH 7 grshu-20160630.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink 100010 - Statement - CONDENSED BALANCE SHEETS (Unaudited) link:calculationLink link:presentationLink link:definitionLink 100020 - Statement - CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100030 - Statement - CONDENSED STATEMENT OF OPERATIONS (Unaudited) link:calculationLink link:presentationLink link:definitionLink 100040 - Statement - CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) link:calculationLink link:presentationLink link:definitionLink 100050 - Statement - CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) link:calculationLink link:presentationLink link:definitionLink 100060 - Statement - CONDENSED STATEMENT OF CASH FLOWS (Unaudited) link:calculationLink link:presentationLink link:definitionLink 100070 - Disclosure - Organization and Business Operations link:calculationLink link:presentationLink link:definitionLink 100080 - Disclosure - Significant Accounting Policies link:calculationLink link:presentationLink link:definitionLink 100090 - Disclosure - Public Offering link:calculationLink link:presentationLink link:definitionLink 100100 - Disclosure - Related Party Transactions link:calculationLink link:presentationLink link:definitionLink 100110 - Disclosure - Deferred Underwriting Compensation link:calculationLink link:presentationLink link:definitionLink 100120 - Disclosure - Income Taxes link:calculationLink link:presentationLink link:definitionLink 100130 - Disclosure - Investments and Cash Held in Trust link:calculationLink link:presentationLink link:definitionLink 100140 - Disclosure - Fair Value Measurement link:calculationLink link:presentationLink link:definitionLink 100150 - Disclosure - Stockholders' Equity link:calculationLink link:presentationLink link:definitionLink 100160 - Disclosure - Subsequent Events link:calculationLink link:presentationLink link:definitionLink 100170 - Disclosure - Significant Accounting Policies (Policies) link:calculationLink link:presentationLink link:definitionLink 100180 - Disclosure - Income Taxes (Tables) link:calculationLink link:presentationLink link:definitionLink 100190 - Disclosure - Fair Value Measurement (Tables) link:calculationLink link:presentationLink link:definitionLink 100200 - Disclosure - Organization and Business Operations - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100210 - Disclosure - Significant Accounting Policies - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100220 - Disclosure - Public Offering - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100230 - Disclosure - Related Party Transactions - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100240 - Disclosure - Deferred Underwriting Compensation - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100250 - Disclosure - Income Taxes - Summary of Components of Deferred tax Assets (Details) link:calculationLink link:presentationLink link:definitionLink 100260 - Disclosure - Income Taxes - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100270 - Disclosure - Investments and Cash Held in Trust - Additional Information (Details) link:calculationLink link:presentationLink link:definitionLink 100280 - Disclosure - Fair Value Measurement - Assets Measured at Fair Value on a Recurring Basis (Details) link:calculationLink link:presentationLink link:definitionLink 100290 - Disclosure - Stockholder's Equity - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink 100300 - Disclosure - Subsequent Event - Additional Information (Detail) link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 8 grshu-20160630_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 grshu-20160630_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 grshu-20160630_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 grshu-20160630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.5.0.2
Document and Entity Information - shares
6 Months Ended
Jun. 30, 2016
Aug. 09, 2016
Document And Entity Information [Line Items]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Jun. 30, 2016  
Document Fiscal Year Focus 2016  
Document Fiscal Period Focus Q2  
Trading Symbol GRSHU  
Entity Registrant Name Gores Holdings, Inc.  
Entity Central Index Key 0001644406  
Current Fiscal Year End Date --12-31  
Entity Filer Category Non-accelerated Filer  
Class A Common Stock    
Document And Entity Information [Line Items]    
Entity Common Stock, Shares Outstanding   37,500,000
Class F Common Stock    
Document And Entity Information [Line Items]    
Entity Common Stock, Shares Outstanding   9,375,000
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 452,181 $ 790,635
Prepaid expenses 211,526 259,149
Total current assets 663,707 1,049,785
Investments and cash held in Trust Account 375,234,320 375,010,481
Total assets 375,898,027 376,060,265
Current liabilities:    
Accrued expenses, formation and offering costs 2,253,767 217,384
State franchise tax accrual 62,062 69,917
Total current liabilities 2,315,829 287,301
Deferred underwriting compensation 13,125,000 13,125,000
Total liabilities 15,440,829 13,412,301
Commitments and Contingencies
Shares of Class A common stock subject to possible redemption; 35,545,719 and 35,764,796 shares at June 30, 2016 and December 31, 2015, respectively, at a redemption value of $10.00 per share 355,457,190 357,647,960
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding
Additional paid-in-capital 7,659,560 5,468,811
Deficit accumulated (2,660,685) (469,919)
Total stockholders’ equity 5,000,008 5,000,004
Total liabilities and stockholders’ equity 375,898,027 376,060,265
Class A Common Stock    
Stockholders’ equity:    
Common stock value 195 174
Class F Common Stock    
Stockholders’ equity:    
Common stock value $ 938 $ 938
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares
Jun. 30, 2016
Dec. 31, 2015
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 1,000,000 1,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value $ 0.0001  
Common stock, shares authorized 220,000,000  
Class A Common Stock    
Common stock, shares subject to possible redemption 35,545,719 35,764,796
Common stock, shares subject to possible redemption per share $ 10.00 $ 10.00
Common stock, par value $ 0.0001 $ 0.0001
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares issued 1,954,281 1,735,204
Common stock, shares outstanding 1,954,281 1,735,204
Class F Common Stock    
Common stock, par value $ 0.0001 $ 0.0001
Common stock, shares authorized 20,000,000 20,000,000
Common stock, shares issued 9,375,000 9,375,000
Common stock, shares outstanding 9,375,000 9,375,000
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2016
Income Statement [Abstract]      
Revenues $ 0 $ 0 $ 0
Professional fees and other expenses (12,000) (2,091,783) (2,325,835)
State franchise taxes, other than income tax   (45,000) (90,000)
Loss from operations (12,000) (2,136,783) (2,415,835)
Other income - Interest and dividend income   152,971 225,069
Net loss $ (12,000) $ (1,983,812) $ (2,190,766)
Weighted average common shares outstanding 9,375,000 11,027,712 11,027,712
Basic and diluted      
Net loss per common share: $ 0.00 $ (0.18) $ (0.20)
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Total
Class F Common Stock
Common Stock
Common Stock
Class F Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Class F Common Stock
Deficit Accumulated During 'Development Stage
Retained Earnings
Beginning Balance, values at May. 31, 2015 $ 0   $ 0   $ 0   $ 0 $ 0
Beginning Balance, shares at May. 31, 2015     0          
Sale of common stock, values [1]   $ 25,000   $ 938   $ 24,062    
Sale of common stock, shares [1]       9,375,000        
Net loss (12,000)           (12,000)  
Ending Balance, values at Jun. 30, 2015 13,000   $ 938   24,062   (12,000)  
Ending Balance, shares at Jun. 30, 2015     9,375,000          
Beginning Balance, values at Dec. 31, 2015 5,000,004   $ 1,112   5,468,811     (469,919)
Beginning Balance, shares at Dec. 31, 2015   9,375,000 11,110,204          
Change in proceeds subject to possible redemption to shares at redemption value $ 2,190,770   $ 22   2,190,748      
Change in proceeds subject to possible redemption to shares at redemption value, shares 35,545,719   219,077          
Net loss $ (2,190,766)           (2,190,766)  
Ending Balance, values at Jun. 30, 2016 $ 5,000,008   $ 1,134   $ 7,659,559   $ (2,190,766) $ (469,919)
Ending Balance, shares at Jun. 30, 2016   9,375,000 11,329,281          
[1] Reflects the forfeiture of 2,125,000 shares of Class F common stock. See Note 4.
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - shares
1 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2016
Common stock, redemption shares   35,545,719
Class F Common Stock    
Common stock, shares forfeited 2,125,000  
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
1 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (12,000) $ (2,190,766)
Changes in prepaid expenses   47,623
Changes in state franchise tax accrual   (7,855)
Changes in accounts payable and accrued expenses   2,036,383
Changes in deferred offering costs associated with proposed public offering (252,118)  
Changes in accrued expenses, formation and offering costs 194,618  
Net cash used by operating activities (69,500) (114,615)
Cash flows from investing activities:    
Cash deposited in Trust Account 0 0
Interest reinvested in Trust Account   (223,839)
Net cash used in investing activities   (223,839)
Cash flows from financing activities:    
Proceeds from notes and advances payable – related party 150,000  
Proceeds from sale of Class F common stock to Sponsor 25,000  
Net cash provided by financing activities 175,000  
Increase in cash 105,500 (338,454)
Cash at beginning of period   790,635
Cash at end of period 105,500 452,181
Supplemental disclosure of non-cash financing activities:    
Deferred underwriting compensation   $ 13,125,000
Offering costs included in accrued expenses $ 182,618  
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.5.0.2
Organization and Business Operations
6 Months Ended
Jun. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Organization and Business Operations

 

Note 1 — Organization and Business Operations

Organization and General

Gores Holdings, Inc. (the “Company”) was incorporated in Delaware on June 1, 2015. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company has neither engaged in any significant operations nor generated any revenue to date. The Company’s management has broad discretion with respect to the Business Combination. The Company’s sponsor is Gores Sponsor LLC, a Delaware limited liability company (the “Sponsor”). The Company has selected December 31 as its fiscal year-end.

At June 30, 2016, the Company had not commenced any significant operations. All activity for the period from June 1, 2015 (inception) through June 30, 2016 relates to the Company’s formation, initial public offering (“Public Offering”) described below and efforts directed toward locating a suitable Business Combination. The Company will not generate any operating revenues until after the completion of its Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Public Offering and the sale of the Private Placement Warrants (as defined below) held in the Trust Account (as defined below).

 

Financing

                    

The Company intends to finance a Business Combination with the net proceeds from its $375,000,000 Public Offering and its sale of $9,500,000 of Private Placement Warrants.

Upon the closing of the Public Offering on August 19, 2015 (the “Public Offering Closing Date”) and the sale of the Private Placement Warrants, an aggregate of $375,000,000 was placed in a trust account with Continental Stock Transfer & Trust Company (the “Trust Account”) acting as Trustee.  The remaining proceeds held outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses.                    

 

Trust Account

    

Funds held in the Trust Account can be invested only in U.S. government treasury bills with a maturity of one hundred and eighty (180) days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, that invest only in direct U.S. government obligations. As of June 30, 2016 and December 31, 2015, the Trust Account consisted solely of money market funds.

The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay income taxes, if any, none of the funds held in trust will be released until the earliest of: (i) the completion of the Business Combination; or (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.

    

Business Combination

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Public Offering, although substantially all of the net proceeds of the Public Offering are intended to be generally applied toward consummating a Business Combination. The Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest income earned) at the time of the Company signing a definitive agreement in connection with the Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect a Business Combination.

The Company, after signing a definitive agreement for a Business Combination, will either (i) seek stockholder approval of the Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their shares, regardless of whether they vote for or against the Business Combination, for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable, or (ii) provide stockholders with the opportunity to sell their shares to the Company by means of a tender offer (and thereby avoid the need for a stockholder vote) for an amount in cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Business Combination, including interest income but less taxes payable. The decision as to whether the Company will seek stockholder approval of the Business Combination or will allow stockholders to sell their shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval, unless a vote is required by law or under the rules of the National Association of Securities Dealers Automated Quotations Capital Market (“NASDAQ”). If the Company seeks stockholder approval, it will complete its Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Business Combination. However, in no event will the Company redeem its public shares of common stock in an amount that would cause its net tangible assets to be less than $5,000,001. In such case, the Company would not proceed with the redemption of its public shares of common stock and the related Business Combination, and instead may search for an alternate Business Combination.

As a result of the foregoing redemption provisions, the public shares of common stock have been recorded at redemption amount and classified as temporary equity, in accordance with ASC 480, “Distinguishing Liabilities from Equity” (“ASC 480”).

The Company only has 24 months from the closing date of the Public Offering to complete its Business Combination. If the Company does not complete a Business Combination within this period of time, it shall (i) cease all operations except for the purposes of winding up; (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem the public shares of  common stock for a per share pro rata portion of the Trust Account, including interest income, but less taxes payable (less up to $50,000 of such net interest income to pay dissolution expenses) and (iii) as promptly as possible following such redemption, dissolve and liquidate the balance of the Company’s net assets to its remaining stockholders, as part of its plan of dissolution and liquidation. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they waived their rights to participate in any redemption with respect to their Founder Shares (as defined below); however, if the Sponsor or any of the Company’s officers, directors or affiliates acquire public shares of common stock, they will be entitled to a pro rata share of the Trust Account in the event the Company does not complete a Business Combination within the required time period.

In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per Unit (as defined below) in the Public Offering.

 

Emerging Growth Company

Section 102(b)(1) of the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”) exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a registration statement pursuant to the Securities Act of 1933, as amended (the “Securities Act”) declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.

XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Significant Accounting Policies
6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Significant Accounting Policies

Note 2 — Significant Accounting Policies

Basis of Presentation

 

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the Securities and Exchange Commission (the “SEC”), and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2016 and the results of operations and cash flows for the period presented. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of results that may be expected for the full year in any other period.

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on March 17, 2016.

 

    

Net Loss Per Common Share

Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of common stock to be issued in connection with the conversion of Class F common stock or to settle warrants, as calculated using the treasury stock method. At June 30, 2016, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.                  

    

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution as well as the Trust Account, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

 

Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

 

Offering Costs

The Company complies with the requirements of the ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (SAB) Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Public Offering and were charged to stockholders’ equity upon the completion of the Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116 respectively (including $20,625,000 in underwriters’ fees), have been charged to stockholders’ equity.

 

Redeemable Common Stock

As discussed in Note 3, all of the 37,500,000 common shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company’s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s charter. In accordance with ASC 480, redemption provisions not solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its public shares in an amount that would cause its net tangible assets (stockholders’ equity) to be less than $5,000,001.

The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against additional paid in capital.

Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at its redemption value.

 

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

For those liabilities or benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax liabilities as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2016.

The Company may be subject to potential examination by U.S. federal, states or foreign jurisdiction authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income amounts various tax jurisdictions and compliance with U.S. federal, states or foreign tax laws.

The Company is incorporated in the State of Delaware and is required to pay franchise taxes to the State of Delaware on an annual basis. 

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company continually monitors its positions with and the credit quality of the financial institutions with which it invests. As of the balance sheet date, and periodically throughout the year, the Company has maintained balances in various operating accounts in excess of federally insured limits.

Trust Account

At June 30, 2016 and December 31, 2015, the Company had $375,234,320 and $375,010,481, respectively, in the Trust Account which may be utilized for Business Combinations. At June 30, 2016 and December 31, 2015, the Trust Account consisted of solely money market funds.

The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.

 

Recently Adopted Accounting Pronouncements

 

The Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as “Development Stage Entities” (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders’ equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.

The Company adopted FASB ASU No. 2014-15, which provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures. The adoption of this guidance did not have a significant impact on the financial statements.

In November 2015, the FASB issued ASU No. 2015-17, Income Taxes - Balance Sheet Classification of Deferred Taxes (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.

Going Concern Consideration

 

If the Company does not complete its Business Combination by August 19, 2017, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the common stock sold as part of the units in the Public Offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of franchise and income taxes payable and less up to $50,000 of such net interest which may be distributed to the Company to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s Board of Directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.

In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per unit in the Public Offering. In addition if the Company fails to complete its Business Combination by August 19, 2017, there will be no redemption rights or liquidating distributions with respect to the warrants, which will expire worthless.

In addition, at June 30, 2016, the Company had current liabilities of $2,315,829 and working capital of ($1,652,122), largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination as described in Note 1. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.

XML 21 R10.htm IDEA: XBRL DOCUMENT v3.5.0.2
Public Offering
6 Months Ended
Jun. 30, 2016
Public Offering [Abstract]  
Public Offering

Note 3 — Public Offering

Public Units

On August 19, 2015, the Company sold 37,500,000 units at a price of $10.00 per unit (the “Units”), including 2,500,000 Units as a result of the underwriters’ partial exercise of their over-allotment option, generating gross proceeds of $375,000,000. Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the “Warrants”). Each Warrant entitles the holder to purchase one-half of one share of Class A common stock for $5.75 per half share. Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. However, if the Company does not complete the Business Combination on or prior to the 24-month period allotted to complete the Business Combination, the Warrants will expire at the end of such period. The Warrants were issued in registered form under a warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and the Company. The Company did not register the shares of common stock issuable upon exercise of the Warrants under the Securities Act or any state securities law. Under the terms of the warrant agreement, the Company has agreed to use its best efforts to file a registration statement under the Securities Act following the completion of the Business Combination covering the shares of common stock issuable upon exercise of the Warrants.

The Company paid an upfront underwriting discount of 2.00% ($7,500,000) of the per Unit offering price to the underwriters at the closing of the Public Offering, with an additional fee (the “Deferred Discount”) of 3.50% of the per Unit offering price payable upon the Company’s completion of a Business Combination. The Deferred Discount will become payable to the underwriters from the amounts held in the Trust Account solely in the event the Company completes its Business Combination.

XML 22 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
Related Party Transactions
6 Months Ended
Jun. 30, 2016
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4 — Related Party Transactions

Founder Shares

On June 12, 2015, the Sponsor purchased 11,500,000 shares of Class F common stock (the “Founder Shares”) for an aggregate purchase price of $25,000, or approximately $0.002 per share. Subsequently, the Sponsor transferred an aggregate of 75,000 Founder Shares to the Company’s independent directors (together with the Sponsor, the “Initial Stockholders”). On August 13, 2015, the Sponsor forfeited 1,437,500 Founder Shares, and following the expiration of the unexercised portion of underwriters’ over-allotment option, the Sponsor forfeited an additional 687,500 Founder Shares, so that the Founder Shares held by the Initial Stockholders would represent 20.0% of the outstanding shares of common stock following completion of the Public Offering. Such forfeitures were retroactively applied as indicated in the condensed statement of changes in stockholders’ equity to reflect an initial sale of 9,375,000 Founder Shares to the Sponsor in June 2015. The Founder Shares are identical to the common stock included in the Units sold in the Public Offering except that the Founder Shares will automatically convert into shares of Class A common stock at the time of the Business Combination on a one-for-one basis, subject to adjustment as described in the Company’s amended and restated certificate of incorporation.

 

Private Placement Warrants

     

The Sponsor purchased from the Company an aggregate of 19,000,000 warrants at a price of $0.50 per warrant (a purchase price of $9,500,000) in a private placement that occurred prior to the Public Offering (the “Private Placement Warrants”). Each Private Placement Warrant entitles the holder to purchase one-half of one share of Class A common stock at $5.75 per half share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering to be held in the Trust Account pending completion of the Business Combination. The Private Placement Warrants have terms and provisions that are identical to those of the Warrants sold as part of the Units in the Public Offering, except that the Private Placement Warrants may be net cash settled and are not redeemable so long as they are held by the Sponsor or its permitted transferees

If the Company does not complete a Business Combination, then the Private Placement Warrants proceeds will be part of the liquidation distribution to the public stockholders and the Private Placement Warrants will expire worthless.

 

Registration Rights

The holders of Founder Shares, Private Placement Warrants and warrants issued upon conversion of working capital loans, if any, have registration rights (in the case of the Founder Shares, only after conversion of such shares to common shares) pursuant to a registration rights agreement entered into by the Company, the Sponsor and the other security holders named therein on August 13, 2015. These holders will also have certain demand and “piggy back” registration rights. The Company will bear the expenses incurred in connection with the filing of any such registration statements.    

 

Administrative Services Agreement

The Company entered into an administrative services agreement on August 13, 2015, pursuant to which it agreed to pay to an affiliate of the Sponsor $10,000 a month for office space, utilities and secretarial support. Services commenced on the date the securities were first listed on the NASDAQ Capital Market and will terminate upon the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company. For the three and six months ended June 30, 2016, the Company paid an affiliate of the Sponsor $30,000 and $60,000, respectively, for such services.

XML 23 R12.htm IDEA: XBRL DOCUMENT v3.5.0.2
Deferred Underwriting Compensation
6 Months Ended
Jun. 30, 2016
Deferred Underwriting Compensation [Abstract]  
Deferred Underwriting Compensation

Note 5 — Deferred Underwriting Compensation

The Company is committed to pay the Deferred Discount totaling $13,125,000, or 3.50% of the gross offering proceeds of the Public Offering, to the underwriters upon the Company’s consummation of a Business Combination. The underwriters are not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriters if there is no Business Combination.

 

XML 24 R13.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes
6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Income Taxes

Note 6 — Income Taxes

Components of the Company’s deferred tax asset at June 30, 2016 are as follows:

 

Net operating loss

 

 

1,011,060

 

Valuation allowance

 

 

(1,011,060)

 

 

 

 

Components of the Company’s deferred tax asset at December 31, 2015 are as follows:

 

Net operating loss

 

 

178,569

 

Valuation allowance

 

 

(178,569)

 

 

 

 

 

The Company established a valuation allowance of approximately $1,011,060 as of June 30, 2016 and $178,569 as of December 31, 2015, which fully offsets the deferred tax asset as of June 30, 2016 and December 31, 2015 of approximately $1,011,060 and $178,569, respectively. The deferred tax asset results from applying an effective combined federal and state tax rate of 38% to net operating carryforwards of approximately $2,660,685 as of June 30, 2016 and $469,919 as of December 31, 2015, respectively. The Company’s net operating losses will expire beginning 2035.

The Company has evaluated tax positions taken or expected to be taken in the course of preparing the financial statements to determine if the tax positions are “more likely than not” of being sustained by the applicable tax authority. Tax positions not deemed to meet the “more likely than not” threshold would be recorded as a tax benefit or expense in the current year. The Company has concluded that there was no impact related to uncertain tax positions on the results of its operations for the three months ended June 30, 2016. As of June 30, 2016, the Company has no accrued interest or penalties related to uncertain tax positions. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company’s conclusions regarding tax positions will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analyses of tax laws, regulations, and interpretations thereof.

XML 25 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investments and Cash Held in Trust
6 Months Ended
Jun. 30, 2016
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Investments and Cash Held in Trust

Note 7 — Investments and Cash Held in Trust

At June 30, 2016 and December 31, 2015, funds in the Trust Account totaled $375,234,320 and $375,010,481, respectively, and were held in a money market fund.

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurement
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurement

Note 8 — Fair Value Measurement

The Company complies with FASB ASC 820, Fair Value Measurements, for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually. ASC 820 determines fair value to be the price that would be received to sell an asset or would be paid to transfer a liability (i.e., the exit price) in an orderly transaction between market participants at the measurement date.

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

June 30,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2016

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,234,320

 

 

 

375,234,320

 

 

 

 

 

Total

 

$

375,234,320

 

 

$

375,234,320

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

December 31,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2015

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,010,481

 

 

 

375,010,481

 

 

 

 

 

Total

 

$

375,010,481

 

 

$

375,010,481

 

 

$

 

 

$

 

 

XML 27 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stockholders' Equity
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Stockholder's Equity

Note 9 — Stockholders’ Equity

Common Stock

The Company is authorized to issue 220,000,000 shares of common stock, consisting of 200,000,000 shares of Class A common stock, par value $0.0001 per share and 20,000,000 shares of Class F common stock, par value $0.0001 per share. Holders of the Company’s common stock are entitled to one vote for each share of common stock and vote together as a single class. At June 30, 2016, there were 37,500,000 shares of Class A common stock and 9,375,000 shares of Class F common stock issued and outstanding.

 

Preferred Stock

The Company is authorized to issue 1,000,000 shares of preferred stock, par value $0.0001 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At June 30, 2016, there were no shares of preferred stock issued and outstanding.

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Subsequent Events
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 10 — Subsequent Events

 

Proposed Business Combination

On July 5, 2016, Gores Holdings, Inc. (the “Company”) entered into a Master Transaction Agreement (the “Master Transaction Agreement”), by and among the Company, Merger Sub, the Sellers and the Sellers’ Representative (each as defined in the Master Transaction Agreement), pursuant to which the Company will acquire Hostess Brands, LLC and related entities (the “Acquisition”).  The transactions set forth in the Master Transaction Agreement (the “Transactions”) will result in a “Business Combination” involving the Company, as defined in the Company’s charter.  The Company will create a new class of common stock in connection with the Acquisition designated as the Class B common stock, par value $0.0001 per share.  The Class B common stock will be issued to effect an “Up-C” structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P.  The Class B common stock will have no economic interest, but will vote as a single class with the Class A common stock.  

 

XML 29 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Significant Accounting Policies (Policies)
6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

 

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the Securities and Exchange Commission (the “SEC”), and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2016 and the results of operations and cash flows for the period presented. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of results that may be expected for the full year in any other period.

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on March 17, 2016.

Net Loss Per Common Share

Net Loss Per Common Share

Net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, plus to the extent dilutive the incremental number of shares of common stock to be issued in connection with the conversion of Class F common stock or to settle warrants, as calculated using the treasury stock method. At June 30, 2016, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company under the treasury stock method. As a result, diluted net loss per common share is the same as basic net loss per common share for the period.                  

Concentration of Credit Risk

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution as well as the Trust Account, which at times, may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

Financial Instruments

Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

Offering Costs

Offering Costs

The Company complies with the requirements of the ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (SAB) Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Public Offering and were charged to stockholders’ equity upon the completion of the Public Offering. Accordingly, at June 30, 2016 and December 31, 2015, offering costs totaling approximately $21,407,116 and $21,407,116 respectively (including $20,625,000 in underwriters’ fees), have been charged to stockholders’ equity.

Redeemable Common Stock

Redeemable Common Stock

As discussed in Note 3, all of the 37,500,000 common shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company’s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s charter. In accordance with ASC 480, redemption provisions not solely within the control of the Company require common stock subject to redemption to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its public shares in an amount that would cause its net tangible assets (stockholders’ equity) to be less than $5,000,001.

The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable common stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable common stock are affected by charges against additional paid in capital.

Accordingly, at June 30, 2016 and December 31, 2015, 35,545,719 and 35,764,796, respectively, of the 37,500,000 public shares are classified outside of permanent equity at its redemption value.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Income Taxes

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

For those liabilities or benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax liabilities as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2016.

The Company may be subject to potential examination by U.S. federal, states or foreign jurisdiction authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income amounts various tax jurisdictions and compliance with U.S. federal, states or foreign tax laws.

The Company is incorporated in the State of Delaware and is required to pay franchise taxes to the State of Delaware on an annual basis. 

Cash and Cash Equivalents

Cash and Cash Equivalents

The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company continually monitors its positions with and the credit quality of the financial institutions with which it invests. As of the balance sheet date, and periodically throughout the year, the Company has maintained balances in various operating accounts in excess of federally insured limits.

Trust Account

Trust Account

At June 30, 2016 and December 31, 2015, the Company had $375,234,320 and $375,010,481, respectively, in the Trust Account which may be utilized for Business Combinations. At June 30, 2016 and December 31, 2015, the Trust Account consisted of solely money market funds.

The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of any public shares of common stock properly tendered in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of such public shares of common stock if the Company does not complete the Business Combination within 24 months from the closing of the Public Offering; or (iii) the redemption of 100% of the public shares of common stock if the Company is unable to complete a Business Combination within 24 months from the closing of the Public Offering, subject to the requirements of law and stock exchange rules.

Recent Accounting Pronouncements

Recently Adopted Accounting Pronouncements

 

The Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) No. 2014-10 to Topic 915, which eliminated certain financial reporting requirements of companies previously identified as “Development Stage Entities” (Topic 915). The amendments in ASU No. 2014-10 simplify the accounting guidance by removing all incremental financial reporting requirements for development stage entities. The amendments also reduce data maintenance and, for those entities subject to audit, audit costs, by eliminating the requirement for development stage entities to present inception-to-date information in the statements of operations, cash flows and stockholders’ equity. The adoption of ASU No. 2014-10 did not have a significant impact on the financial statements.

The Company adopted FASB ASU No. 2014-15, which provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued and to provide related footnote disclosures. The adoption of this guidance did not have a significant impact on the financial statements.

In November 2015, the FASB issued ASU No. 2015-17, Income Taxes - Balance Sheet Classification of Deferred Taxes (Topic 740). The amendments under the new guidance require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The guidance is effective for consolidated financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in this ASU may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has early adopted this guidance effective December 31, 2015 on a retrospective basis, the impact of which was not significant to the financial statements.

Going Concern Consideration Policy

Going Concern Consideration

 

If the Company does not complete its Business Combination by August 19, 2017, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the common stock sold as part of the units in the Public Offering, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of franchise and income taxes payable and less up to $50,000 of such net interest which may be distributed to the Company to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s Board of Directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.

In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per unit in the Public Offering. In addition if the Company fails to complete its Business Combination by August 19, 2017, there will be no redemption rights or liquidating distributions with respect to the warrants, which will expire worthless.

In addition, at June 30, 2016, the Company had current liabilities of $2,315,829 and working capital of ($1,652,122), largely due to amounts owed to professionals, consultants, advisors and others who are working on seeking a Business Combination as described in Note 1. Such work is continuing after June 30, 2016 and amounts are continuing to accrue.

XML 30 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Summary of Components of Deferred tax Assets

Components of the Company’s deferred tax asset at June 30, 2016 are as follows:

 

Net operating loss

 

 

1,011,060

 

Valuation allowance

 

 

(1,011,060)

 

 

 

 

Components of the Company’s deferred tax asset at December 31, 2015 are as follows:

 

Net operating loss

 

 

178,569

 

Valuation allowance

 

 

(178,569)

 

 

 

 

 

XML 31 R20.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

June 30,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2016

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,234,320

 

 

 

375,234,320

 

 

 

 

 

Total

 

$

375,234,320

 

 

$

375,234,320

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

December 31,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2015

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,010,481

 

 

 

375,010,481

 

 

 

 

 

Total

 

$

375,010,481

 

 

$

375,010,481

 

 

$

 

 

$

 

 

XML 32 R21.htm IDEA: XBRL DOCUMENT v3.5.0.2
Organization and Business Operations - Additional Information (Details) - USD ($)
6 Months Ended
Jun. 30, 2016
Aug. 19, 2015
Organization And Basis Of Presentation [Line Items]    
Investment in trust account   $ 375,000,000
Business combination completion period from closing date of public offering 24 months  
Minimum fair market value of target business as percentage of assets 80.00%  
Interest income to pay dissolution expenses if business combination is not completed $ 50,000  
Common Stock    
Organization And Basis Of Presentation [Line Items]    
Redemption percentage of shares in certificate of incorporation 100.00%  
Maximum value of net tangible assets shares redeemed $ 5,000,001  
Initial Public Offering    
Organization And Basis Of Presentation [Line Items]    
Net proceeds from public offering 375,000,000  
Proceeds from sale of private placement warrants $ 9,500,000  
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
Significant Accounting Policies - Additional Information (Details) - USD ($)
6 Months Ended 12 Months Ended
Aug. 19, 2015
Jun. 30, 2016
Dec. 31, 2015
Summary Of Significant Accounting Policies [Line Items]      
Federal depository insurance coverage amount   $ 250,000  
Offering costs associated with public offering   21,407,116 $ 21,407,116
Offering costs for underwriters discounts and fees   20,625,000 20,625,000
Unrecognized tax benefits, income tax penalties and interest accrued   0  
Investments and cash held in Trust Account   $ 375,234,320 375,010,481
Business combination completion period from closing date of public offering   24 months  
Interest income to pay dissolution expenses if business combination is not completed   $ 50,000  
Liabilities Current   2,315,829 $ 287,301
Working Capital   (1,652,122)  
Initial Public Offering      
Summary Of Significant Accounting Policies [Line Items]      
Sale of common stock, shares 37,500,000    
Common Stock      
Summary Of Significant Accounting Policies [Line Items]      
Maximum value of net tangible assets shares redeemed   $ 5,000,001  
Common stock, redemption shares   35,545,719 35,764,796
Redemption percentage of shares in certificate of incorporation   100.00%  
Common Stock | Initial Public Offering      
Summary Of Significant Accounting Policies [Line Items]      
Sale of common stock, shares   37,500,000  
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Public Offering - Additional Information (Details) - USD ($)
6 Months Ended
Aug. 19, 2015
Jun. 30, 2016
Dec. 31, 2015
Capital Unit [Line Items]      
Common stock, par value   $ 0.0001  
Description of public offering transaction   Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the “Warrants”). Each Warrant entitles the holder to purchase one-half of one share of Class A common stock for $5.75 per half share. Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.  
Public offering warrants exercisable after business combination 30 days    
Public offering warrants exercisable from closing of public offering 12 months    
Public offering warrants expiration period 5 years    
Business combination completion period from closing date of public offering   24 months  
Underwriting discount percentage for per unit of offering price 2.00%    
Underwriting discount on offering price $ 7,500,000    
Underwriters deferred discount percentage 3.50%    
Initial Public Offering      
Capital Unit [Line Items]      
Number of units sold in public offering 37,500,000    
Price per share in public offering $ 10.00    
Gross proceeds from public offering   $ 375,000,000  
Over-Allotment Option      
Capital Unit [Line Items]      
Number of units sold in public offering 2,500,000    
Class A Common Stock      
Capital Unit [Line Items]      
Common stock, par value $ 0.0001 $ 0.0001 $ 0.0001
Class A Common Stock | Private Placement      
Capital Unit [Line Items]      
Warrants exercise price per share $ 5.75    
Share purchase   one-half of one share  
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Related Party Transactions - Additional Information (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Aug. 19, 2015
Aug. 13, 2015
Aug. 05, 2015
Jun. 12, 2015
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2016
Dec. 31, 2015
Related Party Transaction [Line Items]                
Proceeds from sale of Class F common stock to Sponsor         $ 25,000      
Common stock, value per share           $ 0.0001 $ 0.0001  
Sale of founder shares description             Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one redeemable Class A common stock purchase warrant (the “Warrants”). Each Warrant entitles the holder to purchase one-half of one share of Class A common stock for $5.75 per half share. Each Warrant will become exercisable on the later of 30 days after the completion of the Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.  
Over-Allotment Option                
Related Party Transaction [Line Items]                
Sale of common stock, shares 2,500,000              
Initial Public Offering                
Related Party Transaction [Line Items]                
Sale of common stock, shares 37,500,000              
Proceed from issuance of private placement             $ 9,500,000  
Class F Common Stock                
Related Party Transaction [Line Items]                
Issuance of common stock shares           9,375,000 9,375,000 9,375,000
Common stock, value per share           $ 0.0001 $ 0.0001 $ 0.0001
Common stock, shares forfeited         2,125,000      
Class A Common Stock                
Related Party Transaction [Line Items]                
Issuance of common stock shares           1,954,281 1,954,281 1,735,204
Common stock, value per share $ 0.0001         $ 0.0001 $ 0.0001 $ 0.0001
Class A Common Stock | Private Placement                
Related Party Transaction [Line Items]                
Share purchase             one-half of one share  
Warrants exercise price per share $ 5.75              
Common Stock | Initial Public Offering                
Related Party Transaction [Line Items]                
Sale of common stock, shares             37,500,000  
Common Stock | Class F Common Stock                
Related Party Transaction [Line Items]                
Sale of common stock, shares [1]         9,375,000      
Gores Sponsor LLC                
Related Party Transaction [Line Items]                
Common stock of class F shares transferred     75,000          
Private placement Warrant purchased by sponsor (shares) 19,000,000              
Exercise price per private placement warrant $ 0.0050              
Gores Sponsor LLC | Administrative Services Agreement                
Related Party Transaction [Line Items]                
Payment to affiliate for office space   $ 10,000            
Payment to affiliate for administrative services           $ 30,000 $ 60,000  
Gores Sponsor LLC | Initial Public Offering                
Related Party Transaction [Line Items]                
Founder shares as a percentage of total common stock outstanding   20.00%            
Gores Sponsor LLC | Private Placement                
Related Party Transaction [Line Items]                
Proceed from issuance of private placement $ 9,500,000              
Gores Sponsor LLC | Class F Common Stock                
Related Party Transaction [Line Items]                
Issuance of common stock shares       11,500,000        
Proceeds from sale of Class F common stock to Sponsor       $ 25,000        
Common stock, value per share       $ 0.002        
Sale of common stock, shares         9,375,000      
Gores Sponsor LLC | Class F Common Stock | Prior To Pricing Of Public Offering                
Related Party Transaction [Line Items]                
Common stock, shares forfeited   1,437,500            
Gores Sponsor LLC | Class F Common Stock | Over-Allotment Option                
Related Party Transaction [Line Items]                
Common stock, shares forfeited   687,500            
Gores Sponsor LLC | Class A Common Stock | Private Placement                
Related Party Transaction [Line Items]                
Share purchase             one-half of one share  
Warrants exercise price per share $ 5.75              
Gores Sponsor LLC | Common Stock                
Related Party Transaction [Line Items]                
Sale of founder shares description             Founder Shares will automatically convert into shares of Class A common stock at the time of the Business Combination on a one-for-one basis, subject to adjustment as described in the Company’s amended and restated certificate of incorporation  
[1] Reflects the forfeiture of 2,125,000 shares of Class F common stock. See Note 4.
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.5.0.2
Deferred Underwriting Compensation - Additional Information (Details) - USD ($)
6 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Investment Banking Advisory Brokerage And Underwriting Fees And Commissions Alternative Presentation For Banks [Abstract]    
Deferred underwriting discount, Description The Company is committed to pay the Deferred Discount totaling $13,125,000, or 3.50% of the gross offering proceeds of the Public Offering, to the underwriters upon the Company’s consummation of a Business Combination. The underwriters are not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriters if there is no Business Combination.  
Deferred underwriting compensation $ 13,125,000 $ 13,125,000
Deferred underwriting discount upon business combination, Percentage of gross proceed 3.50%  
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes - Summary of Components of Deferred tax Assets (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Deferred Tax Assets Net [Abstract]    
Net operating loss $ 1,011,060 $ 178,569
Valuation allowance $ (1,011,060) $ (178,569)
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes - Additional Information (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Deferred Tax Assets Net [Abstract]    
Deferred tax assets, valuation allowance $ 1,011,060 $ 178,569
Deferred tax assets offsets against valuation allowance $ 1,011,060 $ 178,569
Effective combined federal and state tax rate 38.00% 38.00%
Net operating loss $ 2,660,685 $ 469,919
Operating loss , expiration year 2035  
Accrued interest or penalties related to uncertain tax positions $ 0  
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investments and Cash Held in Trust - Additional Information (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Assets Held In Trust [Abstract]    
Investments and cash held in Trust Account $ 375,234,320 $ 375,010,481
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Fair Value Measurement - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Assets, fair value $ 375,234,320 $ 375,010,481
Quoted Prices in Active Markets (Level 1)    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Assets, fair value 375,234,320 375,010,481
Investments in Money Market Fund held in Trust Account    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Assets, fair value 375,234,320 375,010,481
Investments in Money Market Fund held in Trust Account | Quoted Prices in Active Markets (Level 1)    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Assets, fair value $ 375,234,320 $ 375,010,481
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stockholder's Equity - Additional Information (Detail)
6 Months Ended
Jun. 30, 2016
Vote
$ / shares
shares
Dec. 31, 2015
$ / shares
shares
Aug. 19, 2015
$ / shares
Stockholders Equity [Line Items]      
Common stock, shares authorized 220,000,000    
Common stock, par value | $ / shares $ 0.0001    
Common stock, voting rights Holders of the Company’s common stock are entitled to one vote for each share of common stock and vote together as a single class.    
Common stock, vote per share | Vote 1    
Preferred stock, shares authorized 1,000,000 1,000,000  
Preferred stock, par value | $ / shares $ 0.0001 $ 0.0001  
Preferred stock, shares issued 0 0  
Preferred stock, shares outstanding 0 0  
Class A Common Stock      
Stockholders Equity [Line Items]      
Common stock, shares authorized 200,000,000 200,000,000  
Common stock, par value | $ / shares $ 0.0001 $ 0.0001 $ 0.0001
Common stock, shares issued 37,500,000    
Common stock, shares issued 1,954,281 1,735,204  
Common stock, shares outstanding 37,500,000    
Common stock, shares outstanding 1,954,281 1,735,204  
Class F Common Stock      
Stockholders Equity [Line Items]      
Common stock, shares authorized 20,000,000 20,000,000  
Common stock, par value | $ / shares $ 0.0001 $ 0.0001  
Common stock, shares issued 9,375,000 9,375,000  
Common stock, shares outstanding 9,375,000 9,375,000  
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Subsequent Event - Additional Information (Detail) - $ / shares
6 Months Ended
Jul. 05, 2016
Jun. 30, 2016
Subsequent Event [Line Items]    
Common stock, par value   $ 0.0001
Common stock, voting rights   Holders of the Company’s common stock are entitled to one vote for each share of common stock and vote together as a single class.
Subsequent Event | Class B Common Stock | Hostess Brand, LLC and Related Entities    
Subsequent Event [Line Items]    
Common stock, par value $ 0.0001  
Acquisition control obtained description The Class B common stock will be issued to effect an “Up-C” structure following the Acquisition, and each holder of Class B common stock will hold an equivalent number of Class B units of Hostess Holdings, L.P.  
Common stock, voting rights Vote as a single class with the Class A common stock.  
EXCEL 43 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 45 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 47 FilingSummary.xml IDEA: XBRL DOCUMENT 3.5.0.2 html 70 135 1 true 17 0 false 5 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.gores.com/20160630/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 100010 - Statement - CONDENSED BALANCE SHEETS (Unaudited) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDBALANCESHEETSUnaudited CONDENSED BALANCE SHEETS (Unaudited) Statements 2 false false R3.htm 100020 - Statement - CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDBALANCESHEETSUnauditedParenthetical CONDENSED BALANCE SHEETS (Unaudited) (Parenthetical) Statements 3 false false R4.htm 100030 - Statement - CONDENSED STATEMENT OF OPERATIONS (Unaudited) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDSTATEMENTOFOPERATIONSUnaudited CONDENSED STATEMENT OF OPERATIONS (Unaudited) Statements 4 false false R5.htm 100040 - Statement - CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDSTATEMENTOFCHANGESINSTOCKHOLDERSEQUITYUnaudited CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) Statements 5 false false R6.htm 100050 - Statement - CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDSTATEMENTOFCHANGESINSTOCKHOLDERSEQUITYUnauditedParenthetical CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) Statements 6 false false R7.htm 100060 - Statement - CONDENSED STATEMENT OF CASH FLOWS (Unaudited) Sheet http://www.gores.com/20160630/taxonomy/role/StatementCONDENSEDSTATEMENTOFCASHFLOWSUnaudited CONDENSED STATEMENT OF CASH FLOWS (Unaudited) Statements 7 false false R8.htm 100070 - Disclosure - Organization and Business Operations Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureOrganizationAndBusinessOperations Organization and Business Operations Notes 8 false false R9.htm 100080 - Disclosure - Significant Accounting Policies Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureSignificantAccountingPolicies Significant Accounting Policies Notes 9 false false R10.htm 100090 - Disclosure - Public Offering Sheet http://www.gores.com/20160630/taxonomy/role/DisclosurePublicOffering Public Offering Notes 10 false false R11.htm 100100 - Disclosure - Related Party Transactions Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureRelatedPartyTransactions Related Party Transactions Notes 11 false false R12.htm 100110 - Disclosure - Deferred Underwriting Compensation Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureDeferredUnderwritingCompensation Deferred Underwriting Compensation Notes 12 false false R13.htm 100120 - Disclosure - Income Taxes Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureIncomeTaxes Income Taxes Notes 13 false false R14.htm 100130 - Disclosure - Investments and Cash Held in Trust Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureInvestmentsAndCashHeldInTrust Investments and Cash Held in Trust Notes 14 false false R15.htm 100140 - Disclosure - Fair Value Measurement Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureFairValueMeasurement Fair Value Measurement Notes 15 false false R16.htm 100150 - Disclosure - Stockholders' Equity Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureStockholdersEquity Stockholders' Equity Notes 16 false false R17.htm 100160 - Disclosure - Subsequent Events Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureSubsequentEvents Subsequent Events Notes 17 false false R18.htm 100170 - Disclosure - Significant Accounting Policies (Policies) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureSignificantAccountingPoliciesPolicies Significant Accounting Policies (Policies) Policies http://www.gores.com/20160630/taxonomy/role/DisclosureSignificantAccountingPolicies 18 false false R19.htm 100180 - Disclosure - Income Taxes (Tables) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureIncomeTaxesTables Income Taxes (Tables) Tables http://www.gores.com/20160630/taxonomy/role/DisclosureIncomeTaxes 19 false false R20.htm 100190 - Disclosure - Fair Value Measurement (Tables) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureFairValueMeasurementTables Fair Value Measurement (Tables) Tables http://www.gores.com/20160630/taxonomy/role/DisclosureFairValueMeasurement 20 false false R21.htm 100200 - Disclosure - Organization and Business Operations - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureOrganizationAndBusinessOperationsAdditionalInformationDetails Organization and Business Operations - Additional Information (Details) Details 21 false false R22.htm 100210 - Disclosure - Significant Accounting Policies - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureSignificantAccountingPoliciesAdditionalInformationDetails Significant Accounting Policies - Additional Information (Details) Details 22 false false R23.htm 100220 - Disclosure - Public Offering - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosurePublicOfferingAdditionalInformationDetails Public Offering - Additional Information (Details) Details 23 false false R24.htm 100230 - Disclosure - Related Party Transactions - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureRelatedPartyTransactionsAdditionalInformationDetails Related Party Transactions - Additional Information (Details) Details 24 false false R25.htm 100240 - Disclosure - Deferred Underwriting Compensation - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureDeferredUnderwritingCompensationAdditionalInformationDetails Deferred Underwriting Compensation - Additional Information (Details) Details 25 false false R26.htm 100250 - Disclosure - Income Taxes - Summary of Components of Deferred tax Assets (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureIncomeTaxesSummaryOfComponentsOfDeferredTaxAssetsDetails Income Taxes - Summary of Components of Deferred tax Assets (Details) Details 26 false false R27.htm 100260 - Disclosure - Income Taxes - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureIncomeTaxesAdditionalInformationDetails Income Taxes - Additional Information (Details) Details 27 false false R28.htm 100270 - Disclosure - Investments and Cash Held in Trust - Additional Information (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureInvestmentsAndCashHeldInTrustAdditionalInformationDetails Investments and Cash Held in Trust - Additional Information (Details) Details 28 false false R29.htm 100280 - Disclosure - Fair Value Measurement - Assets Measured at Fair Value on a Recurring Basis (Details) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureFairValueMeasurementAssetsMeasuredAtFairValueOnRecurringBasisDetails Fair Value Measurement - Assets Measured at Fair Value on a Recurring Basis (Details) Details 29 false false R30.htm 100290 - Disclosure - Stockholder's Equity - Additional Information (Detail) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureStockholderSEquityAdditionalInformationDetail Stockholder's Equity - Additional Information (Detail) Details 30 false false R31.htm 100300 - Disclosure - Subsequent Event - Additional Information (Detail) Sheet http://www.gores.com/20160630/taxonomy/role/DisclosureSubsequentEventAdditionalInformationDetail Subsequent Event - Additional Information (Detail) Details 31 false false All Reports Book All Reports grshu-20160630.xml grshu-20160630.xsd grshu-20160630_cal.xml grshu-20160630_def.xml grshu-20160630_lab.xml grshu-20160630_pre.xml true true ZIP 49 0001564590-16-023672-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-16-023672-xbrl.zip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

    X9JEJ QY#&&,Z-)+ M#,']'T/$A4*!'T/8^DEWCV%%R<'[A$X/4BK6YQ@B@"Q1]<)G+TF4(1;KU@"; M44N4I_J70)0N-_I[SL%4@,>) MTG-?]FD0G3L?LT/6)Q,: DT98@5>"RWO.5)@ "G8,--O4897CTN MRM;%V/JX5ZY7Z:-=KT*L1IU3 OL! ]R2A/_Z$EB%[(B$*S=UBIDWH: M@4D?8";7[FT1 PCW\5T>A\<)B_-1GW6Q(1'WL>2!$"9O5].Y+/M"PB[JCNVE ML/0ICJ5LY83T3FFZ)1'NL$KO?KELUL H!X]EV6PR/>1_=DA-VA7^*AH$649- M0U.\]8STPMP'$G_DR]T.7[)0#"H7<39'.-NDT&:SJC^6=4#V@?50P7&S7B-V M8S%"8%$"4NH3G!RS"55PFU;./ 6[IN: O4+NNJDV0*@C[VS39#/5=&JGDXNM MJ6$J*-1>E^DHGQ!X8U"M'3(:F+IHQY#U"&1J#(H1'$3;4*U9#!,4H*HKXR)'@%8=KA-LM^X@ M:00J*K%.5U:*[F65:H&=7H%43'#K2-@+:9YK,/32=#>4/L#/^3DRW'IWCSU\ MA"G4\#"NR!%'SYW.-UF0L5*#%ZQO+M_%JN*G M)%[&\RC)]S6Q&JMT)=H5L-(2[F%#98<+%)XW:C$K,P:QG3 PMI$6722S<7 M465W9HNUGN743EN43:'4+JE^2J-6KQ)+^XYCEC_5Y@H;6L^B^&Y%L,E@W?[Y MWA[B=H!N=XM@?$$U*'<;)S!;%_DQW,;E]I.+3,)A^I!*5E:U%:&KWF#[,9<$ M9TNUC'KT_+R9@R7"!K!6W"L*D%/:\;FI3HN=%E M)-:I_PW2PS7[8XA.J+G?9&S1P^"MNPNQZ^FM*^#W6FA8"?=0)W^HQ4CWV6\8 MZY,^I&L7UG>XANF",E_5Z$OTX(Y>5SX'_7Q#\_+(S*;!DZ:=9#%$$LP@LQ"/ M^22CM4^?Q3'79_PEW8?H<[\\QU8QMJ7NFB2ZKGY&<&B!6/WLL@'K#W:2@PU, MYGD%IL"W6G*URW'E31Z[LYU/C5Z MIN0=@=RL5#R;_SV6':P$N*YJ3S%A^?+ M_P)14?+%8O&C*\_JN4,=T9X>/2RA6:H+2^M])NCETX>C/GEH1"&VL:?G#K8L M]DIS.:?1.LXC%/\.%^(!@J+:^B3+8-[SXD)O**N>HB>JGXD;SYR5M"D??-C5 ME^<:A3>#<.4QV#%'@?=KU<&\VJFQBPN_B$Z-@?I\J%V.58?4)M(I+Q0(,"2I$PGE3$B+(&QB-<\#I4H!JZ5( MAR!G/N6Q_Y(\ZSV,*!J-_M#A .LP&,^-V2WA_!9:XV3-&"](Y<'A:"ZKG7HV!4,OW837E>\BPW4%_ M&:UQ]F,&N ;C/A1K2B*V-N8A$(;VN"I88I7.1MU;O]\\9O"?&S+:7K[87E]L MEF''3H,XMV24(("C!-(K=_*!=0WENZ>N@=OUS,U"G+B.SYZW[D A>4U[#]MN MI! -WQRT0_>7YU$69[-E[6+&EO^O50SH2K3B14^X^^A@N+1PBGP?<,P(,>0- MVYDP>(Z03,]LN7?99UO\,_RJ+TIIR2A:D>O^.4IACXCJ%&6W+FR7ZCZ&:"6_ M&YRQ.F%EQ4Z*/.JJ49,F;&BX<"DIUNX"B['!T$8+E2FE*;VR;;P_YZ685! @MB>UV+--4V>[*Q6%YFT OJ3_5\FDCIOEH$8+U[12D\96% MZY3O\ :D-%+I:S'1:XS%.[B <$6?LI"J_EO'I)XT"_?0$>SG]D>E[&JT6YZN M.0=+G(*T5*[RZ,2( 6W$*C8WTL.FNQJ-];%3UV M[9IE]$OH]][G!7>30F-/KMTZ 1H\?7%.CRU0O?(<$?3E"\ M>3%VI7Q]XKI?*'$6.0.2A"1^U&^2N%OJR$]-6Y^2:HNRF")W2O6RPN$)[&)E M(Y8U(RY=]%G"AG8+EQ&YJW+SU/I BB.%SF,?W'Z GZ2CZQ0GY,LYE'9+>PR- MYK(MGV\S@_&Q;J;'*)7C^(H:X[[39TDP[FOA R(3%6?VGYI)M(_4QC'V+YAM MAQ*$E)4*CQ>B7GO/ ==4KD5?;P;A92AF*H YUX'^NU-B_('9DEKHV<8] M/0 [LOWAL2VBN]"!;M26W#Z4W+*5N:0)8*J,>.>9JR5N9BYF"9FM;E)Z/LKR M2/M=6M66W2^=0Q/&?5 +2@MD^IRHE/%!W]L!I2Z *1-$7HXIY:H4'2.;'Q"] M^XD[=9)G29U4)[/]#S G*XHYA(OLBM!VG66;B%!ZG9!N(D+5 M[ZS[?L, ?DL\3@* 5*XYM#\^..E Q\]O9>[AZA*E);$@?LLO-*S[O(_N1+Z U MGB$;+!%RS\2XT10AF%,XZC6X!3/P*Y?L*%K,^FD*@"FPP$UU'#VZ:*- MPV^=U2L05/?-:MMD!]0NM&M2@0PH-"BP@69/YF544!F#^G+\$N7P%D4\@\1D MR-"5:-4!Z@EW0]P+3!_Q[K7+BCMF8IJUYLA@74"#3U%*1OAQSTD-2<5V]@V> M0%1CKAIUK-OD[)6X ]U9*:I,SSXE<#')Z5U/HTF96H#EY0F%+)]UPLO7#HI, MY'%OKK11@;7,%)K9T9[%&028Y.Q2<9_[PZLU2T*"*TY^2._*I&O,LX;T=[+M$2QOJ=J >=GKWBD#UJ4V='C)F#XT9.8[C>@O M8EFGD>\?]_(*[(80\X.8\TU&ILE9-L6KQSAAHFCN$X)"A1@O]%U72YB%EVK( M]>*0!2Z]YEX LY<0.3+U4@(]HM^9L(>-K7EP_4G])GR/SJ37C?GQ+(#V&K_3 M@FW"\<9?)T#2A/[BVDGC!PO42JU+K2CE"Q9ZP$]S@A:"DA2I]@7N@AWJ,15R_T1XS^2!:= M5%]0+V/-;:636G&UP)+FN*V88N"%9RPN0N3FBP\]V$$)0+ M+82?%M.T5"@R8I]FQS3N8>_#8+72-5E0:MT5C=!65&UFV;O0XXP"OI,AC8!J[2_**6% 4($$"PI* M7\AOGN!D9;94TY=HX8FZPKWT(0(<+$ITXI@"GC@8QP?1:N2UE3&EV,ZZYIO( MXN+L;'D?/R5L4RG):\]IQ#"[,;^48BS8PO4,,;QXH'3S.-MIL5=^-1YU$+-E M&?>RM"]O-+Q?8B34FQ?ZNV?R!_+ AHLFQA8^!!95Y0OH-K]$8?V)H9B]*=OO MTLG@[42!-M'QL&!+YXV#5,=1&FS!JXNV#CO=K+P$8C#7/)#FH6K+=JB@A 4% M+I@H6Z9],%5)3-5-&&O^K,VQP)X8/\=!U8-)]F3&F.$>-:G-*9Q1-\GH!Y$B\5<09/]+R.A/5_TZ)#O_W45=H-](ZG ;KGU0?Z-R]S73$3EU%2B!GV'ZA M.&X3BR6C' (<_D;G=-$ZSB-TOTG7:)-=$/!Y;+!-T2[%8D1J$^AE8SN.,GF;PK/[)DIA+<>' H(\Q%VW3\9BB^.F-A!8 M[M0HKH1$5!%E>M&8790U[[BGYHWF)O18A5A0TRO-P<$2@CDLLP,'&C(%N M0K"VH4(T/MK9'=3MWEC SU/=L&K%)G._;Y)@659*)J,'4PSJX-'[=F.3OMW_>\IGF?5$^GL[>#:.=R89#N7@K"UC'1(%9'%D8 M6W?N10\&:7D[N+C8T$4B7Q_P8[\/\!/[E:-F5&LC?MC0N*1K\PV;@V48L<=% M.C)Y?-<&)SW(G"ZEF06,EBF-,OK6G:Z(\S(\S=F^"3_JUN!@T!5*%S7J0N * MFP5(0[$PJ13]YGP0('[X/EI%5^N'NBR$.BL+ZK$F;[7[^DN*L\R\WO"8U5P[ M'^6R-.PAD%?.#X,KIBSU,!WA,&C+ONCK2! S2!1A?.YL)""?;"0??C2 $FL5I_7P1%Z^2>F)+$ZRF%Y5IKKW#.T[<&1J5S@<"U8+H&L!R@483MX+ MW>RKCVO"89*75P])_U;-+SOA.DP1FYB[1SR+6M(YE4I7/3J=S3EV;B, MEF@_WE.Y\BZP0^MZS)C$-F8->[BHWG]L'R-8)0.ZTT%/I>D2L%Q4L$T0Z_7# M@,T5TY6B9ZNTN,"47CKQT:2A>&.G K[Y&8X5>^T'[ *5K'3U?P?1,J1H5(&I M$SFZ8RNO-<"6$3S1ABT3.,[Y]GY-UA-8*RW22)Q%'ZTEVS%"L>(Y@_PYRD$*5U%, M:Z_3[#I62 'O]!*GA&2VL80QW4G@CZSA)(%LNX"7MX@HF7%;J,TWTK;-]GYMO(;^UM,1@ ]+]088/F]^23@ ,.3M\4R<+ZM_3:H M>U$V[J"\,65,Q:%1C[RP[B7:]6PS^1P;9>^;2+4B5Q_ QPNA$EECAJ8%=]C> MA ?!$U)0U!5M%'WX8+O =$ID&U3%IWN3P@7]+PF2FLT;@D$V25#V53KWKQRA MRX$;ET)_P405L9RZN9GJ7T1L_;C%@D8IR( S8(:;8EB GBC4U5G6Y9+COC M&W_5=EHZY9LP2N]HT]8]6-XX*,DS#$7=0V8'.[HW".O)(;QNCX_J%F5E!+RD M]Y?+EU'L7T-1-((8:I;>Y]1H?XW0QG%ME6J#JL^[O%"X]ONLH>5'-;U5PQAB M%SNO%'E2A] R5&D4S_@2:302*#W"$K!]RET-51.AZGWLYA A:BFRA 11BYT* M[HBZXAE%?OJ%:AB)9BP+1/LG6$=*ZZJ\-5OE)B+_K>5XY9A67ZMTAU)"U\$U M'E7;+4)N0OXKI;CR^VU29,Z:6VQP0E"I RENO=Z*"Y(V*; &(NUVH/6D^SHP M8#4MUV5-2W&]N;Q26DF''??PP)!8;&EB\^372J4%XM\-@/HNIRW0PN$T97MQ MM\O]HA_K)@\VGN(K/M3]J<\YUI!-1=56WNZU ML@3N-UD<(09E%DT"\#!:AVH-VU6X;.2RQQQ?55EPMJPWT$?T,5Q>0R:6%M![ M[ VR@W:Q@0]XLES&B#Z3+5XUFR2+#Z1GY=^8[*'I2+/:HND6[(&I:,M\+<<@ M*I#9O4],OB.<9>M(?9-PJ&TT ^ZPN2F#YDGT%02.YBN4@,6S?.P-RAWF,,5Q MN;N0A75UDYP^^6T20^UR[*JHMH@<,&XB]8'5J 5P=4C#)I8,E"!4Y88^4U\[ MR^GS-'UQ_55U+UK:0=-?-FD+M)AZ:\KVLFPJ[PFKB]!(6WTC+II,V<16EC5? MG+>)E[?#6-'M8G[GQN=:Q#OVP$:D,?RQNK/Y5"EF'JB#=CN"EKMVT.#YGNEU M\@(S]@+3>930AW GBY>8+%.WYRG^#:9$*S+!D=6FG3?Y$=V#)6L*>IEG@LB8 MG+"N_98X2D$YZ?BIR&SR2#O^N='L?DBMK(;1X11T.BCOU 9";U H#DK-V92V M4@Z$*L]^*JD/)/V!W VXK,F@%^+1HR: S""B^/Q/"7T:4JUF'[;F' DUVRW MWE@:M'&HUBYUJ2/?S?(\L.LS"#9KTA^H"L\?R4=Z]0'_$(VBQWSU'),_V5+H M,F'(X($.!0@6(&,5EH,81.S>9Y! M[BDP6[/2L\G3#7'O:92FVR5./T6IW@K)2JP;AVM&<-]Q4H?#!1Y !# HI]/@ ML,T'NRQY&'RU]!GUSLS=/K^T/?%H'N5VCW+\'48&R8GZ M$BTV$W2%>]EDGE5F5& NP\MOKVR) B/N*AM3BNVL&_:HH-Q'*'NFC-^*T!C# M0YT^5C/5%2VDZ1WLW^@IBI,LUVFPE\'P6<- /Q\J;^T!Z2*4KM!%[830["]*76A KQYI1 M19B#$,<<=;[JQ".P2QH.E'U4)YXCL+D!U054E0%,&W;6PO21_KPS9\)-7^!F M]\;Y9LW_WKT9LZT8+SLO VVTF&RJ!#H?E=VH-AD]JD] #Z1)&N3(SP/^W:YE MA:M]3%+2(3XE\>]LIG8.$[B,\ZSLEV]A$J$\9D>DUPDQ-\SRR7R>>KIW+$2# M6$ !]AB+4 &DXH9UCL&&Q'&:T_+J=/A>XRQFA4X'Z;+Y=/87B(A%'M)-9G6B MTR+$JL]HE.>V2@2?2%,8,E0"!A3(04XW*UC;6IZ/<*ZB.&4WWKD:=#(41X]D M3D*]_#V,L@U9N,SHDX:;E-9FXVG6:?'M>93%F7$!>H>@5@[J#-_#U5^B&ML9 MA<7^$9L0[M0#A7Y@QAYXY"H5N>BECH I&4+]>O<>AKTQ^4?P)C2D(_G9DT#Q M4TS0:)626?J7%&_65S@MS3Q;V]1G-!!JM][4E>]A:T% L[(N=)K"T-EM",D+ M9HU91X/M+!CSBJWM>P@<(A5]LX*^*Q5]0]:"K+5;81SSLI#Z,OMUQ1WB?8[; M1X*J(Z".RR#&8EU*54.MEFT/@+[]@5+$6$- :E:;=!-\[W$"M^^C]#>87VV2 M1:9?B[)+@A4S:F'NPVB7,LW>(&.P@.,""@R>Z7(O+I9[9(W>]%;E4"'50136 MLV%PI(C@V",@&[;V8MDCG&_++W^)84H(>M[>P!?"L^$\4%=BOPZL5;C?T:?$ M"V*@T>---X'XY!GK"$[-IWNM8OJ1M2_1 M?4C]YP:S@K4IJ_1,)G@3?F;.IQX9^(IWD*?*"E&#QUD+5:JH:C)@F+3L1PQ' MXF/4Z4@30*FU;]U$QUOGT?'65W3(\SN.=R1F#&]#BX MWHX?#V=NXN',>3R<#1\/9Z'%0YVSD>*AQ^';CWDZW&[Q+(]I6Z5]:9$ A*F^ MYFE;2B$]TK84\CR\5B2N>2PIC^P%C/'3M=K8V$O7:K12B):O)LQ)L;,#LKVA M]F%#A_K9\J]D]4Z?>V"5^W6&Y1BU!5JXAZ9L+PXSW7^TB-5DIA70&3Y8 MP,5FSA*LQ:^SS>/_P#FK;IJ6RHWH7Z9<8RN[._!!Z4D0AX[8*M6%-[8 #.:2 MTOLQA^N7.OPW.V8>RJ0_8[0@LY_+?V[B?&NTVM008N%_+?*\N)N,]V6T MQMF/ #+8$5U'AQBL;3 7CJ&=1M\AP(E#.$Q(/DAGV,LXUS!4:(:75UPR$.!( M;9<#QE<>#:FWQTTP90,Z=K+":$4; T-OF$A#-5F\D/'Y+GYZSHTV;!M%6"W9 M&Z3Y?6#SB"XYZ70L96!C[IET$8(U316>\5'%[ORE08X"[AK-/O8>1:O'N'A> MUJ/NPN!B7V6V! R#W7^X=_LDKL]%?S,#E27_831&%0/B44X."S@NV &[:YCW MQ7 G52Z>4AV^62VD2=C=S'D9P.\WCQF9YI-EP.4+^1_C*\/JSUN-'BI1'N9] M)0I@,"%M8*#"#(S-;#^+9I#&F=Q(:13@QMY V@(M3J)#\NTY%BXM7 MC!2>V9L6M T4CS&P(M0EQ9WE?F_R&X?'.:?X>A0C1^N^,/F:=?:ZAY MSF6# !=6]Y5G63=[0)[>G%;98IO0;-TX?QDRA9(O&*8HRK)S(XV_BZ8T_=X&VKYE@C)S=?59&'I01SX7KPU-YO_*. MU^>\3'*1K:X[KS$4:''FKRG;2_*%P :/%!P0=%9\O"AF"H4"(V9BF#*)K:P: M.FMREU90QI"/2LX$.BC@K0\J!FT84K0)W)#_3-G=C'JCAIT_UA9Z-S;7PIIE MN%A[WGC,4]E;@]Z$<=VJDY7FI?]-4Y)>, PT;@"T&-_KA'*Z>ZAUBI.<*#E[ MI+6MX4)ZNM9F&UL[5UM;^,X MDOY^P/T'7Q8X[.*0Q'GI3*Y)+TOGP:*32="RZ*7E-/M^?5' M2K8HVWIA4:1D4QHL-FG'*A8?D<5B\:GBK__[<^IUWA&A+O8_'YP<=0\ZR!_A ML>N_?CZ8TT.'CESWH$,#QQ\['O;1YX,%H@?_^]?__(]?_^OPL//X>-WIC0+W M'5V[=.1A.B?HST]?_]+YY]7C7>?.];^_.!1UKO%H/D5^T#GLO 7![-/Q\8\? M/XXFKN_X(]?QC@@9'XWP]+AS>+B2W"?("9A6G6LG0)WPOT^=T^[)Q6'WXV'W M\OGDXE/W[-/IY=$O%[]\N#@]^Y]N]U.WFQ#P]ZA7G<1_3,#1V='YT)[YV=75[^,CC[V!V]T\'9::_;_WAZS3Z^N#GL=IDJ MY^?G7:8/^ZW[,:DZGBV(^_H6=/X\^DNH<^?QB/_O&OL^\CRTZ/QWYPG[E'US M.G/\Q5&GYWF=1_X([3PBBL@[&A\M)7HK$-FK\NGG@P2 /U^(=X3)Z_%IMWMV MO/KB0?3-3_S?@*__W/K^C[/PVR>7EY?'X5_CKU(W[8M,[,GQ/[_>/8W>T-0Y M='T^;$:\ >I^HN&'=W@4OE4)O3J9W^#_.EQ][9!_='AR>GAV9>,4$T'&[\U70OSKK'_&O'SV@Z\]A@NXMZRAOX]$;0 MY//!*Z%O\\/5MWDS?TK[0,] M#35ANGAXM-;I94/A**%HQ%I[/QXCE[=USG_A>)P?=D^68^1/[*/?(^EL DZQ M_Q3@T?>G-X?I.)P'H;%C!G =#H^/7$Q6'WK."_(^'\A*.M:O^HWK(=)G0Y!A MNX#INO&H5N7Z0,8]EE+Q/%NV=C]^3<$ M1''K80,*/J)7E[)6_.#>F4ICF/ZL5O6>B<-']M-B^H(]6;TV'M*JT,IP1 /G M 1$7CV_89U16N1P!!A7E([R$FHG'C2@9P0"JDK.GA1[_G+99LC4:W 9I*#2R0.+B>T=K8]QQ*;[ZBZ0LB M\DJE/2OUXB8.?0E]1K:->76<&7]['XZ1%]#5)US5#XG7N/PXV61/7MV\ITTK MS!L;3D+GXQI/'=<'*9SRM&&%GY@?B?A02[;=^^E*#58)(7JGTK/SXDG-:6E1 M>O7KO?!E?A3H45%(B[5,^OX],EIKQB&C51/LURW'?WWGMOS&\@,V-+%&%?_7QP>M"94Z8\GO'O M.Q[_&YH@YHV.[R+L,KL5]BE A*+PF[N*W/HXQE(S20!V9AM@\L8(YQM+@=$' M6S'*66%P_M(GP/FEF>!DNS$"FDO;H%$P1B ?-(;NY*1YT&V[]CAM/R$P:N!: MEXG1QAXP!HFUW(*T.9 V=O "K(\M6%M@;45D8KC.+EJX,N!:B[/%@)V?MX#% M@&U$36.0/K1F78"4'O*.L;IHK?LF5EO'%P*LUKH+L++/HV*\?FG-^^;@VCAA MC*'ZV!KVK7F8>W <(W=9@;7_]7CSE%\#AT&$5X;WUX/[I\'U5>^N=]\?/'T9 M#)Z?OOG.?.P&@CN0SV. 2JN#RR"MH]D@^YWKO+B>&[B(LF$9#K W[+'A1 ?_ MGK,1!(FU%\LR?F)01OT:%'Y$@<,F_GC@$)_-9-H;,0LQYY2A\36:N"-7*EP/ MD08_5-B4*G^ L/VD83A[8S9E0C/WX+CC6[_OS-S \1+&$P*GC+1*#AG#MO[N M>'.I\Z7L9PTK^[!:6-3T37V\0!9MJO2F> M,S\C"(C[,@]X$/49/X3>":1?"L(KF ]NP%=-OL+T,?.-_%?DC]B* YT:F6(, M=R&Q2"JNK4HGP\NY]8TY+>0'E.HZD.HGE^Q.@4S3/ABE2&Y8;3YAW-=F"+@CY@SW M'?K&0+KUW]E'X2H ,W]0B94@KF#W-AXT[Q[.F!^]M!\*ZF8(,.UR1*^6_^ S MZ=WQ0KK]-4'3%TH#Q,*@2'+"/8(7J-U'"$P1!OA M.\',TT\"PH'C[0PT>9C(AF0%+:_QECL)AGY3O2,C1VY]ES]$$5Q%:TTU^)0J M'J*^!.[$M++@%[ P$IE+\[( MB:O?ZDE<316]RUFLZPI7EC2G5*Y;3DYUF7]1X[>4SCDU#%9B=5VK)0=*);5)EFT219M MDD6;9-$F6>QDDH7-@1X=219M.?/B)(NVG'E;SEPER>+$_EP"Q20+:\>,' FS M>%=A<87I4E!E[BDMKC$- TPVNF!QC>DR@&W'ERRN,UT>J%4TT>("T^5!2K?L M]E67AB$E=6)@<6UI9;1R3)1]9:5+HK1EGZHH'[U7"*4:)[:MLZ;*]M-S[WGP M=7#_/+P9/@P>>\^WP_ORU;;EI.X&7Z% 5[,QS!4=:V73KQSJCGK^^-KUYEM( MY8^CC\1',KHTZN4G'.PW ='@B>($K#Q?0&A63"\-VLTB3E%2J6 M9+SNZ#ORY[!JS^(9P\I%(R5>%56L=*:(.OV]HG[A-*Q%V-[:_90$+K+3QD2I MMLL(+1^]\NWN/N&5:O=$W%7?UG,?(/3X/^^W3[_2V>X#=+,SL7?I)3?_]RAWSVWZYWNW65X M%:F])S&G$)_H .5ZSHLT17=41R_['OT(_P2D_,I)K*=CX=&CSGYM"JRB6YP@ MPZS/>$CZCN>EX0SNF(S(NKL&OJ)$5F+5B83[F,BY=W>2MDDU\(':YJA4FJ.R M6/B-94",TE-?H'7EXQO%A0+TBZ#"&RJWG:ETX\@6"JEM2 M5+/?UAXV?:@>U3+#TQGVV0N'VY8, 569EXWFJ;*)21?4IL)M-+,7+))7G%, S?MS:(CB< AP=Y ))>/TSUOP0(WE_8 NQ">P J';#=Y!IJ*4ZNH\V]9"'*E3,OH#2K>GTG:YOFV-5L/A>7N/HDN'Y^T]ABX9GN^V M6VY@=%#_C6#OB+S@/<"L>$\D/\7 MK.Z2!N=120FL**^RGL[5U*UHA6:3GB"'HFL4_2S?NRRYYG-BN2(/!/-B(..K MQ3?*35G*K(GNC)^SSY:U5K /3:(MU9+Q^\;P"*$QO6'."3\\8TJAX63M;F3Y MODH(4RI<%@M]1"%7\<$AP>(>!V$1I=[XG;=#'YR%;/A&4?!.CTF5]4-7B_4 M(Y8[TY-5NB7XZ%X5)GI$;M@(;^Z9S"FGYN*Y+_4Z924I!,X9&-=HQF]$4E^7$?P)^Y++]='N18J[SB; M1VQR!(M5^[FR]F)Z'->#['^%R>BUM9>':)Y5DG4YCRU]D#;');%:X2 5]\!R\Z5&JX6 MX#S_0E1V;D>S!K#EO%1JF8 MC0#?V@KTFCQH<%Q0)!LVS8-6#=IBJ4"TB4KW^V*J2R-;?/8@,CXMOMM$/[RZ M#J9,WD!@ET$&'WXVX*Y/S2?36/D$O@$W0NC'&L#.$/A:>U&).7S+,GU$SKJU M=^U ;32,,R8 U!_-L K +4JA* N@?=[O:.$7G?AM)<*?:5^==K)R ##>.5\H\)$ 83I:#V?%BXYP8S,\, MDRL/R.76W[;IJ[[+**S"[M#48)WF42]FV.3H$6FT%91 ,VQ/G]Q7WYVX(\=? M!4AY#BS#:)1@+19QC-QV(9[I+1-*I)3[W3-U,[T577IS9;<[X#$&K^-+UT7 ME06^6%:=R[QT3['BF[+)K,A6R9 U+["J&W69F4(MM5<;*>4Y* G77S$%[EW( M2ZS/WP#W6CH:;KWQB#)'0LX]U$ZD/%JO24@J9#PM,6JII'>1+\=\;N5FXRJ> M1*Z8.IT(F?YAV7=AUYSGQUU1L#8ZQ/Z"O!4U$VX%)(35;1?R5%2H(Y C3L$U MD)5GV!S$62K\!'-Y0Z+[!QHO$^!6Z5D]2E%0LD!9Z:;J-"NZ<,+0]V^3";IQ M7!*29+XBA_^;]QYJ>?)DU&MP4C4S.WOC)H46:L<8!8(,&Z&TUE4L3+Z<.LV' M5 ^Q]/NPR2BD7=0'//3,E%#S2>>V7A7<'++6("?/E]RM (0:-A/J5QOLTAT& M,I<52"-NE2&8OU#T[SF3/WCG;A'8#&0\7[,1V-3*L G8:$YMRF<+,5UL9Z-E MI4([F3)J)4H7]0Q+X6_5A,\C:AAA0.T1$ZJ0$949J?@-A^%L?X1(2+=SQTN& M:BAR$?V_0L0"*M=XP;(?"=0(0WC.5 LWU,H=59<-/[1)ID27?#,2HNJI$Z[^ M!B0%5A4L+]&3;!F&E?]&T7 RH($[=0)8_?I)E)*E<>WG#2X MEFOI&\K:Y4NI*G22($_?^LRUF">LE5(,)5^@:7O"EQD_B-:71Y=^[S,OQ@WX M;R KDB?&]&[5(3X;%3Q!-;ROIX0)*11EN"M7#G7I<++AI)198&4EMK3IRFC3 MLJ^DTAW(/@!7.#L;<)DB#+% C<6BLO%_D2B#7/%U&?[XNH"ZV:*;:AD^Z!R]H?'<8_[#BEG(VH[8@VP52-1E M#[51.\55;:)EH%?)0%=^338=!:=Q)]7L2[&DW6.)5F)QXH:CL;5L?CST']%H M3OA6.8P EJ./2LMN&:5U,4JE7Y%-]J6P>%=O/':COMSZD]5%$MG(L5=?1DCV1EY<&/C+\Z/]WI?+J, MQ]XC9KO]5Y=?JA-.J_ @$;A-/$FBA4&BE4H-X((#[D[KTS\5]?GC7&+\-4A MWU&P;/:97U03K-ZUZ@V_Y5N"]VXEJ8^G+ZZ_+#3&9TZX*PO+I28<&M'?89 M6-=XZKA2!JA 0%57M&XT3WL_71#QK4"0:3/Y,(0/DL1#IE%V>) B'([WSI2O MXJ+>#GRDR$BK(-G ';L.6224 0^9;"$F[.&S[-7>0(%M/5[[Z_$"AX38_UMW MEY':;,-2L[X!;*]BPXEAAKX!G"_ ZHE35W>+^5WEIV.^W[8^)4]M@@[F N-" M3UVP):PS^G*;')R[_Q+P6'=+BO(D5-AU6TPH40]L8+6HB\#2NAE;"DMHS$W@ MJ/W"N'=$7O#^(YD1A8V!.VNL3DU8HV[ (Y$OA3#L?@$I;0_)P1XA)WV-/R@8W\(/WM) MV]@'HHR>P?S(7CIQ1P$:+Q.H$G5U^3VO\ $N*]%T]1:?H!%F=NV/D!!^A7QF M'L)+9I<9=8A9-#X+0PVCT;^\=Q;2VU+-P,??=FG#1S3R'$JC(<[#2_B9S08V MQ,DB^D(T$>1'98DFK*,#:BPKRD,G:'P]YT&G:&Y'6MRC'^&?@#P+.8GE2OK< M8!+?\,$& _<7N&_ A_(-@@PID-"R5\')*>OC=_:75]2;PEB@\A(5C,A\.F5SEZV1>7[?]EZBV'1 !;>$H)80I(,0 MU)(-6[*A--FPI%T$,LA 0MMR716EH(/>BO5$+I6!K\H>L0H^8^P1>WE<6M@C MME*XRDY$65:EG10N8ZQ*>[E<^EB5MA*Z%*>DXH98D&@NF@QGSCFF?&!$8-GH MU2*/P) 2_+*>C50:-5 T4S!HK%M#2L,)C68+MHQU&PE-0U.5,?/!NM)^F@ M M<1@FB#3M4IXU\TN=GL8 _]*N[UD RQ[&QUA^;%=]'7S92TLIB*5AU$#GOFQ7 M?TT4S\L**)Y[AF0>36^%VXE]@6Q-(S"?ERGPJR"Z;9A:O+YUULDEADNNESP, MT!=\(KNVMUZ.A]4>6ZP?\H>QLO+@9\??9FPB^4'< (-B)1B@7IX0K3HI@2FF64D\W#"<+'4;DD?W]2U8 M:H@>V.8.Q7^DR[_2$Q!S2:T!C2^O-V$&.67\:GASV:*KLU/7B(Z(&WHV:P=L MBD8I6UQU_+@'APQ)R'H8A\'&U=UMBHRY;'$UE*A4KOFH(+2Z01A.9)77E"VC M>;1Y3?,HVAY]8T-B>R\E,W%2GS<^4]8+/L 9LED23)?.>T>DYWDX*KP0FDVX M[CE"6@Y[RV'?-0Y[Z-+U5$GLZT]7X]Y&G@UXP*0]715_/=FV,G=]6XAI]>/K MR(:N*KP;9*.!$2-70]4,AHN&KL:E.4%BCREAL])20*I MP*NQ6TX).K#(V++V8$@2)4E.MP"L@K"BX>R#1^3QG0[;] 2+A*W16M.\3!OU M9B0H:6Z8/>4L>/3Q!I/>>.KZ+C\-#MAB(5M'54Z.8>K ]1P]X]YDXGHNPW>9 M%M7SQVIUHF6DM=3J-H7",-MW5R^D7QLE#*=-F)IQB_@E>*B@44JE&MFOL%X&2"D/=I+IB(G8HK#>4 #QQ^#6>+/.V]$@1, MU@")JP=T.$N\0% ]W8!2QG/%M%D%EF0K[7BZ3VW)5'E[#TR>,=_5I)R(00V? MG+0VIPK8H;IRJ@H\X- DW4#'2-JS;9*454E2[4TPS;X)YC=^V+#N+ 21F.E%\ZL71]A*?*0$P\!GKVKI[&:#/;=I%8.L[1:'V=MK0]8W8IS M:P'34+[I@[6.E^D869I_\=%&(&58.<5P;3D7]B:5RK&Q,)!")H!K-P2*4_8N MI5J/O:FFTDS,]'#0.FM4X*7=K=V=:BHJB$F0A1N0IEMRK$G4I-%_W>)^CCM0 M(H&XO\[:G;S*R /7)[NT=@NA!!^D.-*)_E-XJR9N(I5,0*9]G=AGR%3R!&,H M[:WR"0<2D"DJ\+.VF TT4\!@^_94;]QF^LE653LZM M#1PH;3_*E=T[L;=PH0J:,C5*8N@NK#T:4S*+N95J!&@5! \,%V-:%9U*UNGB M'"7$< I?DL:B3#K:JK@!,YTEK;+@XVG/Q&,*6KE5P^T4-1/#PAI0@U M6 DFN$P]&J^@2>RO]6"])M!TAJ[_CFAXW'_E^-_#*\_?7;:]6%P1_)TY+:^( M+1!));G%8Q_Q39U+:9@>X#$CY8?F\"$Q[YBMY"*5\B2JU*K.I:@&]#%X!(KC M4VM=_5U[#UF&JP&9"KOV*B06P$HS) R[?[<^^QIZ=GXB^C2?3AVR" -X2Q+_ M<+*"B'VC1RD*J*+K5[:=>MT^9>T-E[3<;/8>P8I8ICYON@[G9J/\=#&R.)Z' M?_ 5*D^I(FKNDO#61C_\5_OF.'H.X0LV&;@AT/DO',EL55WD0T5%4\O7TZ= M"Y%4#['BVVE GF9I_-(FKHFE]C+"S4>O/"QD W*AV1;)*?K==APX7DU>B<[X M$U#LSO@<-9;^_N83-,*OOOM'.-ZND(\F;D!CY1X0TRIP0Y?\UF>VB#GSO=&( M "LCEFH&'M[)-M7BQI5_(0=0-$5>HND:9UI__$=FIQ_9 M\/!'X4F&R\D%[",V%.Y8)[S$1(%TL5P[K4?9[@-:)UFWDV=MP+&BS87V*.'N M<-2@")8S[P)2:[E64$"E1J"]B?&R<$'=07'?LK4A?NA(*[49$#FYE5PQ;'PC MO#H="<\\'/KV!7FLT\]DSOJL=6MC:&ZX*IAN_=D\H'?H'7EG\(KAN6)J MZ,*IGBZ2%2[:N"YK^Z+%YK/(?F-X/FLQ)@K ME&GZ(&2[Y1M,-M2#CCB T#U8I,$EYS4V6A4\PF]2HE;GRZESFR750VSDW36@ M'+W^Z865K$@#F$]P0YTVJ@N7FP:0P<'K.2YV01I0S][H7)?U41M0[!ZX 4@# M46XCTX!R[VI[QC1(TS:\ D!KJ]<: ?!T&T!KRRP9 ?!L&T!K"\Q5L^SH":6* M8W9KBP^9B7HG7DE.0%_ N_^G6V$UES?L\?I6T9TM.0?(T&,L)>'UGE?!5#9] M,_9RZ"2JM:T5&9,/C!2*,G[)]W;[J\JNY7JQDE)I![++A:IV)EMB#6^F-P_> MF$'[H_S;24JJ[B+@4E,E7X[J_=7I\JX0LRC,C(_1%%AB R:U:NCA4SM3A ; M(U$:L%FW MU]& E\R-C=:5,]$VSK:L_V5C-HU@K-*-V&4%VT?3W)_Y"T7_GC/Y@W>>EJV1 M^ .67#/K1U[?]F@U0_6K.64SBU+6_HOKAY#UL1\PI($&=V[NW[/'R]OM1KXP9+?"3N\E198T13I MC=A*1$,3$_Y*$(*?ETH(JZ$[P,/33!'5G:U?E3I;OVK/UG?L;-V(382/D0P! MU:K]S!2%CY8<(=6K#QXR62(J5AV:K)_^?+5**^7<9\NH]1B^J&>X"'J+*1U2 M8S8'H'A.-8'/46"2\F%J$*FC>.G)AJI!] [I.2?+HK(R^5P?B\K>G&@PB^JJ M0?G.LM,L --&L,%B8A4\?H/!H:<&E$97=#?O4LA[^NN= M[RA(LN?M,G2TINQC. !G&UL4$L! A0# M% @ J8$)2;PO^VRB-P VP(# !8 ( !IZ8 &=R