RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2018

3. RELATED PARTY TRANSACTIONS

Administrative Services Arrangement

The Company entered into an agreement whereby, commencing on June 20, 2017 through the earlier of the Company’s consummation of a Business Combination and its liquidation, the Company pays the Sponsor a monthly fee of $10,000 for office space, utilities and administrative services. For the three and six months ended September 30, 2018, the Company incurred $30,000 and $60,000 in fees for these services, respectively, of which $10,000 is included in accounts payable and accrued expenses in the accompanying condensed balance sheet at September 30, 2018.