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Notes Payable
6 Months Ended
Jun. 30, 2017
Payables and Accruals [Abstract]  
Notes Payable

Note 5 — Notes Payable

 

On July 1, 2015, the Company issued a $55,000 principal amount unsecured promissory note. The note was non-interest bearing and was payable on the consummation of the Public Offering. On September 26, 2016, the Company amended the agreement with lender and outstanding balance was amended to $27,500. The note is now due upon completion of an initial business combination. Due to the short-term nature of the note, the fair value of the note approximates the carrying amount.