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RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2018
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

3. RELATED PARTY TRANSACTIONS

 

Administrative Services Agreement

 

The Company entered into an agreement whereby, commencing from the effective date of the Initial Public Offering through the earlier of the consummation of a Business Combination and the Company’s liquidation, the Company will pay an affiliate of the Sponsor a monthly fee of $10,000 for office space, utilities and administrative support. For the three and six months ended June 30, 2018, the Company incurred $30,000 and $60,000 in fees for these services.