0001213900-18-015319.txt : 20181109 0001213900-18-015319.hdr.sgml : 20181109 20181109171501 ACCESSION NUMBER: 0001213900-18-015319 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 41 CONFORMED PERIOD OF REPORT: 20180930 FILED AS OF DATE: 20181109 DATE AS OF CHANGE: 20181109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Spartan Energy Acquisition Corp. CENTRAL INDEX KEY: 0001720990 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 823100340 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38625 FILM NUMBER: 181174010 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET, 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-515-3200 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET, 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 10-Q 1 f10q0918_spartanenergy.htm QUARTERLY REPORT

 

  

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

  

FORM 10-Q

  

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

 

For the quarterly period ended September 30, 2018

 

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 001-38625

 

Spartan Energy Acquisition Corp.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware   82-3100340
(State or Other Jurisdiction of
Incorporation or Organization)
  (I.R.S. Employer
Identification Number)
     

9 West 57th Street, 43rd Floor 

New York, NY

  10019
(Address of Principal Executive Offices)   (Zip Code)
 
(212) 258-0947
(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 ☒ No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted 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 such files). Yes ☒ No ☐

 

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

  

Large accelerated filer Accelerated filer
Non-accelerated filer Smaller reporting company
    Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

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

 

As of November 9, 2018, 55,200,000 shares of Class A Common Stock, par value $0.0001 per share, and 13,800,000 shares of Class B Common Stock, par value $0.0001 per share, were outstanding.

 

 

  

 

 

 

TABLE OF CONTENTS

  

      Page
Part I – Interim Financial Information   1
Item 1. Interim Financial Statements   1
  Condensed Balance Sheets   1
  Condensed Statements of Operations (unaudited)   2
  Condensed Statement of Changes in Stockholders' Equity (unaudited)   3
  Condensed Statement of Cash Flows (unaudited)   4
  Notes to Condensed Interim Financial Statements (unaudited)   5
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations   15
Item 3. Quantitative and Qualitative Disclosures About Market Risk   17
Item 4. Controls and Procedures   17
Part II – Other Information   18
Item 1. Legal Proceedings   18
Item 1A. Risk Factors   18
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   18
Item 3. Defaults Upon Senior Securities   18
Item 4. Mine Safety Disclosures   18
Item 5. Other Information   18
Item 6. Exhibits.   19

  

i

 

 

Part I – INTERIM Financial Information

 

Item 1.Interim Financial Statements

 

Spartan Energy Acquisition Corp.

CONDENSED BALANCE SHEETS

 

   September 30,
2018
   December 31,
2017
 
   (unaudited)     
ASSETS        
Current assets:        
Cash  $1,559,467   $25,000 
Deferred offering costs   -    233,000 
Prepaid expenses   290,107     
Total current assets   1,849,574    258,000 
           
Investment held in Trust Account   553,171,732     
           
Total assets  $555,021,306   $258,000 
           
LIABILITIES AND STOCKHOLDERS’ EQUITY          
Current liabilities:          
Accounts payable and accrued expenses  $250,697   $236,868 
Accrued income and franchise taxes   214,650     
Total current liabilities   465,347    236,868 
           
Deferred underwriting commissions   19,320,000     
           
Total liabilities   19,785,347    236,868 
           
Class A common stock subject to possible redemption; 53,023,595 shares and none at September 30, 2018 and December 31, 2017, respectively (at approximately $10.00 per share)   530,235,950     
           
Stockholders’ equity:          
Preferred stock, $0.0001 par value per share; 1,000,000 shares authorized; none issued and outstanding        
Class A common stock, $0.0001 par value per share, 200,000,000 shares authorized, 2,176,405 shares issued and outstanding (excluding 53,023,595 shares subject to possible redemption) at September 30, 2018 and none issued and outstanding at December 31, 2017, respectively   218     
Class B common stock, $0.0001 par value per share, 20,000,000 shares authorized, 13,800,000 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively (1)   1,380    1,380 
Additional paid-in capital   4,643,190    23,620 
Retained earnings (accumulated deficit)   355,221    (3,868)
Total stockholders’ equity   5,000,009    21,132 
Total liabilities and stockholders’ equity  $555,021,306   $258,000 

 

(1)Share and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).

 

See accompanying notes to unaudited condensed interim financial statements.

 

1

 

 

Spartan Energy Acquisition Corp.

CONDENSED STATEMENTS OF OPERATIONS

  

   For the Three Months
Ended September 30,
2018
   For the Nine Months
Ended September 30,
2018
 
   (unaudited)   (unaudited) 
         
REVENUE  $   $ 
           
EXPENSES          
Administrative fee – related party   10,000    10,000 
General and administrative costs   587,993    587,993 
           
TOTAL EXPENSES   597,993    597,993 
           
OTHER INCOME          
Investment income on Trust Account   1,171,732    1,171,732 
           
INCOME BEFORE INCOME TAX PROVISION   573,739    573,739 
           
Income tax provision   214,650    214,650 
           
Net Income  $359,089   $359,089 
           
Weighted average shares outstanding of Class A common stock   55,200,000    55,200,000 
Basic and diluted net income per share, Class A  $0.01   $0.01 
           
Weighted average shares outstanding of Class B common stock (1)   13,800,000    13,800,000 
Basic and diluted net income (loss) per share, Class B  $(0.00)  $(0.00)

 

(1)Share and associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).

  

See accompanying notes to unaudited condensed interim financial statements.

 

2

 

 

Spartan Energy Acquisition Corp.

CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY

For the Nine Months Ended September 30, 2018

(unaudited)

 

   Class A Common Stock   Class B Common Stock(1)   Additional Paid-in   Retained Earnings (Accumulated   Stockholders’ 
   Shares   Amount   Shares   Amount   Capital   Deficit)   Equity 
                             
Balances as of December 31, 2017   -    -    13,800,000   $1,380   $23,620   $(3,868)  $21,132 
                                    
Sale of Units in Public Offering   55,200,000    5,520    -    -    551,994,480    -    552,000,000 
                                    
Underwriters’ discount and offering costs   -    -    -    -    (31,184,262)   -    (31,184,262)
                                    
Sale of Private Placement Warrants to Sponsor   -    -    -    -    14,040,000    -    14,040,000 
                                    
Class A common stock subject to possible redemption   (53,023,595)   (5,302)   -    -    (530,230,648)   -    (530,235,950)
                                    
Net income   -    -    -    -    -    359,089    359,089 
Balances as of September 30, 2018   2,176,405   $218    13,800,000   $1,380   $4,643,190   $355,221   $5,000,009 

  

(1)Share and associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).

 

See accompanying notes to unaudited condensed interim financial statements.

 

3

 

 

Spartan Energy Acquisition Corp.

CONDENSED STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30, 2018

(unaudited)

  

Cash Flows From Operating Activities:    
Net income  $359,089 
Adjustments to reconcile net income to net cash used in operating activities:     
Investment income earned on investment held in Trust Account   (1,171,732)
Changes in operating assets and liabilities:     
Prepaid expenses   (290,107)
Accounts payable and accrued expenses   246,829 
Accrued income taxes   214,650 
Net Cash Used In Operating Activities   (641,271)
      
Cash Flows From Investing Activities:     
Cash deposited into Trust Account   (552,000,000)
Net Cash Used In Investing Activities   (552,000,000)
      
Cash Flows From Financing Activities:     
Proceeds from sale of Units in Public Offering   552,000,000 
Proceeds from sale of Private Placement Warrants   14,040,000 
Payment of underwriter compensation   (11,040,000)
Payment of offering costs   (824,262)
Net Cash Provided By Financing Activities   554,175,738 
      
Net increase in cash   1,534,467 
      
Cash at beginning of period   25,000 
      
Cash at end of period  $1,559,467 
      
Supplemental disclosure of noncash activities:     
      
Deferred underwriters’ commissions charges to additional paid-in capital in connection with the Public Offering  $19,320,000 
Change in value of Class A common stock subject to possible redemption  $530,235,950 
Offering expenses paid by related party on behalf of the Company  $293,354 

 

See accompanying notes to unaudited condensed interim financial statements.

 

4

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS

(unaudited)

 

NOTE 1. Description of Organization and Business Operations

 

Organization and General

 

Spartan Energy Acquisition Corp. (the “Company”) was incorporated in Delaware on October 13, 2017. 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 “Initial Business Combination”). The Company is an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended (the ‘‘Securities Act’), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).

 

At September 30, 2018, the Company had not commenced any operations. All activity for the period from October 13, 2017 (inception) through September 30, 2018 relates to the Company’s formation and the initial public offering (the “Public Offering”) described below, the identification and evaluation of prospective acquisition targets for an Initial Business Combination and ongoing administrative and compliance matters. The Company will not generate any operating revenues until after completion of its Initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income earned on investments from the net proceeds derived from the Public Offering. The Company has selected December 31st as its fiscal year end.

 

Sponsor and Public Offering

 

The Company’s sponsor is Spartan Energy Acquisition Sponsor LLC, a Delaware limited liability company (the “Sponsor”). As described in Note 3, on August 14, 2018, the Company consummated the Public Offering of 55,200,000 of its units (the “Units”), including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option, generating gross proceeds of $552,000,000. As described in Note 4, on August 14, 2018, simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 warrants (the “Private Placement Warrants”) at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate (the “Private Placement”).

 

The Company intends to finance its Initial Business Combination with proceeds from the Public Offering, the Private Placement, the private placement of forward purchase units (described in Note 4), the Company’s capital stock, debt or a combination of the foregoing.

 

Trust Account

 

Upon the closing of the Public Offering and the Private Placement, $552,000,000 was placed in a trust account (the “Trust Account”). The proceeds held in the Trust Account will be invested only in U.S. government securities with a maturity of one hundred eighty (180) days or less or in money market funds that meet certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, which invest only in direct U.S. government treasury obligations, as determined by the Company. Funds will remain in the Trust Account until the earlier of (i) the consummation of the Initial Business Combination or (ii) the distribution of the Trust Account proceeds as described below. The remaining proceeds 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.

 

The Company’s amended and restated certificate of incorporation provides that, except for the withdrawal of interest to pay franchise and income taxes, none of the funds held in the Trust Account (including the interest earned on the funds held in the Trust Account) will be released from the Trust Account until the earlier of: (i) the completion of the Initial Business Combination; (ii) the redemption of any shares of Class A common stock included in the Units sold in the Public Offering (the “Public Shares”) that have been properly tendered in connection with a stockholder vote seeking to amend any provisions of the Company’s amended and restated certificate of incorporation relating to stockholders’ rights or pre-Initial Business Combination activity; or (iii) the redemption of 100% of the Public Shares if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering. The proceeds deposited in the Trust Account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the Company’s public stockholders.

  

5

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Initial 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 an Initial Business Combination. The Initial Business Combination must occur with one or more target businesses that together have a fair market value of at least 80% of the assets held in the Trust Account (excluding the deferred underwriting discounts and commissions and taxes payable on the interest earned on the Trust Account) at the time of the agreement to enter into the Initial Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect an Initial Business Combination.

 

The Company, after signing a definitive agreement for an Initial Business Combination, will either (i) seek stockholder approval of the Initial Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their Public Shares, regardless of whether they vote for or against the Initial Business Combination, for cash equal to their pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes, or (ii) provide stockholders with the opportunity to sell their Public 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 on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. The decision as to whether the Company will seek stockholder approval of the Initial Business Combination or will allow stockholders to sell their Public 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 New York Stock Exchange rules. If the Company seeks stockholder approval, it will complete its Initial Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Initial Business Combination. However, in no event will the Company redeem its Public Shares 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 and the related Initial Business Combination, and instead may search for an alternate Initial Business Combination.

 

If the Company holds a stockholder vote or there is a tender offer for shares in connection with an Initial Business Combination, a stockholder will have the right to redeem his, her or its Public Shares for an amount in cash equal to his, her or its pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. As a result, such Public Shares are recorded at redemption amount and classified as temporary equity upon the completion of the Public Offering, in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, “Distinguishing Liabilities from Equity.”

 

Pursuant to the Company’s amended and restated certificate of incorporation, if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than ten business days thereafter subject to lawfully available funds therefor, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company’s franchise and income taxes (less up to $100,000 of such net 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 liquidating 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. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any Founder Shares (as defined below) held by them if the Company fails to complete the Initial Business Combination within 24 months of the closing of the Public Offering. However, if the Sponsor or any of the Company’s directors, officers or affiliates acquires shares of Class A common stock in or after the Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete the Initial Business Combination within the prescribed time period.

  

6

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

In the event of a liquidation, dissolution or winding up of the Company after an Initial Business Combination, the Company’s stockholders are entitled to share ratably in all assets remaining available for distribution to them after payment of liabilities and after provision is made for each class of stock, if any, having preference over the common stock. The Company’s stockholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable to the common stock, except that the Company will provide its stockholders with the opportunity to redeem their Public Shares for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account, upon the completion of the Initial Business Combination, subject to the limitations described herein.

 

NOTE 2. Summary of Significant Accounting Policies

 

Basis of Presentation

 

The accompanying unaudited financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying unaudited financial statements as of and for the three and nine months ended September 30, 2018 have been prepared in accordance with GAAP for interim financial information and Article 8 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.

 

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the prospectus filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on August 13, 2018 and the audited balance sheet filed as an exhibit to the Current Report on Form 8-K filed by the Company with the SEC on August 20, 2018.

 

Emerging Growth Company

 

Section 102(b)(1) of 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

  

7

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Net Income Per Share of Common Stock

 

The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net income per share is computed by dividing net income applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The Company has not considered the effect of the warrants sold in the Public Offering and Private Placement Warrants to purchase an aggregate of 27,760,000 shares of Class A common stock in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted earnings per share is the same as basic earnings per share for the period.

 

The Company’s condensed statement of operations includes a presentation of income per share for common stock subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A common stock is calculated by dividing the investment income earned on the Trust Account, net of applicable taxes, by the weighted average number of shares of Class A common stock outstanding since the initial issuance. Net loss per share, basic and diluted for Class B common stock is calculated by dividing the net income, less income attributable to Class A common stock, by the weighted average number of shares of Class B common stock outstanding for the period.

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal depository insurance coverage of $250,000. As of September 30, 2018, 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 FASB ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

 

Fair Value Measurements

 

Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

 

Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

 

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value are unobservable.

 

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.

  

8

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Use of Estimates

 

The preparation of the condensed financial statements in conformity with 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 expenses during the reporting period. Actual results could differ from those estimates.

 

Offering Costs

 

The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “Expenses of Offering.” Offering costs of $31,184,262, consisting principally of underwriting discounts and commissions of $30,360,000 (including approximately $19,320,000 of which payment is deferred) and $824,262 of professional, printing, filing, regulatory and other offering costs were charged to additional paid-in capital upon the closing of the Public Offering on August 12, 2018. 

 

Class A Common Stock Subject to Possible Redemption

 

The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A common stock (including Class A common stock that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, shares of Class A common stock are classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events.

 

As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A common stock under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security 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 FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.

 

The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A common stock shall be affected by charges against additional paid-in capital.

 

Accordingly, at September 30, 2018, 53,023,595 shares of Class A common stock subject to possible redemption are presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.

 

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income 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 included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. 

 

9

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2018 or December 31, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at September 30, 2018 or December 31, 2017. 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 is subject to income tax examinations by major taxing authorities since inception.

 

Subsequent Events

 

Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.

 

Recent Accounting Pronouncements

  

In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.

 

The Company’s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

 

NOTE 3. PUBLIC Offering

 

The Company sold 55,200,000 Units in the Public Offering, including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option, at a price of $10.00 per Unit. Simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate.

 

Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value per share, and one-third of one warrant (each, a “Warrant” and, collectively, the “Warrants”). Each whole Warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. No fractional shares will be issued upon separation of the Units and only whole Warrants will trade. Each Warrant will become exercisable on the later of 30 days after the completion of an Initial Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation. Once the Warrants become exercisable, the Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days’ prior written notice of redemption, if and only if the last sale price of the Company’s Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sent the notice of redemption to the Warrant holders.

  

10

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

As noted above, the underwriters exercised the 45-day option to purchase up to 7,200,000 additional Units to cover any over-allotments at the Public Offering price less the underwriting discounts and commissions. The Units that were issued in connection with the over-allotment option were identical to the other Units issued in the Public Offering.

 

The Company paid an underwriting discount of 2.0% of the gross offering proceeds, or $11.04 million in the aggregate, to the underwriters at the closing of the Public Offering, with an additional fee (the “Deferred Discount”) of 3.5% of the gross offering proceeds, or $19.32 million of the aggregate, payable upon the Company’s completion of an Initial 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 an Initial Business Combination.

 

NOTE 4. Related Party Transactions

 

Founder Shares

 

In October 2017, the Sponsor purchased 14,375,000 shares of the Company’s Class B common stock (the “Founder Shares”) for $25,000, or approximately $0.002 per share. In July 2018, the Sponsor surrendered 2,875,000 shares of its Class B common stock for no consideration. In August 2018, the Company effected a stock dividend with respect to the Class B common stock of 2,300,000 shares thereof, resulting in the Sponsor holding an aggregate of 13,800,000 shares of Class B common stock. As used herein, unless the context otherwise requires, “Founder Shares” shall be deemed to include the shares of Class A common stock issuable upon conversion thereof. The Founder Shares are identical to the Class A common stock included in the Units sold in the Public Offering except that the Founder Shares are shares of Class B common stock which automatically convert into shares of Class A common stock at the time of the Initial Business Combination and are subject to certain transfer restrictions, as described in more detail below. In August 2018, prior to the Public Offering, the Sponsor transferred 150,000 Founder Shares to each of the Company’s two independent directors at their original purchase price.

 

The holders of the Founders Shares have agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of an Initial Business Combination or (B) subsequent to an Initial Business Combination, (x) if the last reported sale price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the consummation of an Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of common stock for cash, securities or other property.

 

Private Placement

 

Concurrently with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a price of $1.50 per warrant ($14,040,000 in the aggregate) in the Private Placement. Each Private Placement Warrant is exercisable for one share of the Company’s Class A common stock at a price of $11.50 per share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering held in the Trust Account. If the Initial Business Combination is not completed within 24 months from the closing of the Public Offering, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable and exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees.

 

The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the Initial Business Combination.

  

11

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Registration Rights

 

The holders of the Founder Shares, Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans, if any (and any Class A common shares issuable upon the conversion of any Founder Shares and the exercise of the Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans) will be entitled to registration rights pursuant to a registration rights agreement signed on August 9, 2018. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an Initial Business Combination. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable lock-up period. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

 

Advances from Related Parties

 

Affiliates of the Sponsor paid certain administrative expenses and offering costs on behalf of the Company. These advances are due on demand and are non-interest bearing. For the period from October 13, 2017 (inception) through September 30, 2018, the related parties paid $294,354 of offering costs and other expenses on behalf of the Company. As of September 30, 2018, there was no amount due to the related parties.

 

Administrative Service Fee

 

The Company, commencing on August 10, 2018, has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial support and administrative services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. The Company paid the Sponsor $10,000 for such services for the three and nine months ended September 30, 2018.

 

Forward Purchase Agreement

 

On August 9, 2018, the Company entered into a forward purchase agreement (the “Forward Purchase Agreement”) pursuant to which an affiliate of the Sponsor agreed to purchase an aggregate of up to 30,000,000 shares of the Company’s Class A common stock (the “Forward Purchase Shares”), plus an aggregate of up to 10,000,000 warrants (the “Forward Purchase Warrants” and, together with the Forward Purchase Shares, the “Forward Purchase Units”), for an aggregate purchase price of up to $300,000,000 or $10.00 per unit. Each Forward Purchase Warrant will have the same terms as each of the Private Placement Warrants.

 

The obligations under the Forward Purchase Agreement do not depend on whether any public stockholders elect to redeem their shares in connection with the Initial Business Combination and provide the Company with a minimum funding level for the Initial Business Combination. Additionally, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to termination prior to the closing of the sale of the Forward Purchase Units by mutual written consent of the Company and such affiliate, or automatically: (i) if the Initial Business Combination is not consummated within 24 months from the closing of the Public Offering, unless extended up to a maximum of sixty (60) days in accordance with the amended and restated certificate of incorporation; or (ii) if the affiliate of the Sponsor or the Company become subject to any voluntary or involuntary petition under the United States federal bankruptcy laws or any state insolvency law, in each case which is not withdrawn within sixty (60) days after being filed, or a receiver, fiscal agent or similar officer is appointed by a court for business or property of the affiliate of the Sponsor or the Company in each case which is not removed, withdrawn or terminated within sixty (60) days after such appointment. In addition, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to fulfillment of customary closing conditions, including that the Initial Business Combination must be consummated substantially concurrently with the purchase of the Forward Purchase Units.

  

12

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 5. Deferred Underwriting COMMISSIONS

 

The Company is committed to pay the Deferred Discount of 3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters of the Public Offering upon the Company’s completion of an Initial Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount, and no Deferred Discount is payable to the underwriters if an Initial Business Combination is not completed within 24 months after the Public Offering.

 

NOTE 6. Stockholders’ Equity

 

Common Stock

 

The authorized common stock of the Company includes 200,000,000 shares of Class A common stock and 20,000,000 shares of Class B common stock. If the Company enters into an Initial Business Combination, it may (depending on the terms of such an Initial Business Combination) be required to increase the number of shares of Class A common stock which the Company is authorized to issue at the same time as the Company’s stockholders vote on the Initial Business Combination to the extent the Company seeks stockholder approval in connection with the Initial Business Combination. Holders of the Company’s common stock are entitled to one vote for each share of common stock. At September 30, 2018, there were 55,200,000 shares of Class A common stock, of which 53,023,595 shares were classified outside of permanent equity, and 13,800,000 shares of Class B common stock issued and outstanding. All shares and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018.

 

Preferred Stock

 

The Company is authorized to issue 1,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. At September 30, 2018, there were no shares of preferred stock issued or outstanding. 

 

Warrants

 

The Warrants will become exercisable on the later of  (a) 30 days after the completion of an Initial Business Combination or (b) 12 months from the closing of the Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class A common stock issuable upon exercise of the Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of its Initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class A common stock issuable upon exercise of the Warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Warrants in accordance with the provisions of the warrant agreement. If the Class A common stock is at the time of any exercise of a Warrant not listed on a national securities exchange such that it satisfies the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Warrants who exercise their Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. The Warrants will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation.

  

The Private Placement Warrants are identical to the Warrants, except that the Private Placement Warrants and the Class A common stock issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of an Initial Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable so long as they are held by the Sponsor or any of its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Warrants.

  

13

 

 

SPARTAN ENERGY ACQUISITION CORP.

NOTES TO CONDENSED INTERIM FINANCIAL STATEMENTS (Continued)

(unaudited)

 

The Company may call the Warrants for redemption (except with respect to the Private Placement Warrants):

 

  in whole and not in part;

 

  at a price of $0.01 per warrant;

 

  upon a minimum of 30 days prior written notice of redemption; and

 

  if, and only if, the last reported sales price of the Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sends the notice of redemption to the Warrant holders.

 

If the Company calls the Warrants for redemption, management will have the option to require all holders that wish to exercise the Warrants to do so on a cashless basis. In no event will the Company be required to net cash settle the Warrant exercise. If the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering and the Company liquidates the funds held in the Trust Account, holders of Warrants will not receive any of such funds with respect to their Warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with respect to such Warrants. Accordingly, the Warrants may expire worthless.

 

Note 7. Fair Value Measurements

 

The following table presents information about the Company’s assets that are measured on a recurring basis as of September 30, 2018 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

 

Description  September 30,
2018
   Quoted
Prices
in Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Investment held in Trust Account  $553,171,732   $553,171,732   $   $ 

 

At September 30, 2018, the investments held in the Trust Account were held in marketable securities.

 

Note 8. SUBSEQUENT EVENTS

 

Commencing October 1, 2018, holders of the Units were permitted to elect to separately trade the shares of Class A common stock and Warrants included in the Units.

 

14

 

 

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

 

References to “we”, “us”, “our” or the “Company” are to Spartan Energy Acquisition Corp., except where the context requires otherwise. The following discussion should be read in conjunction with our condensed financial statements and related notes thereto included elsewhere in this report. Forward-Looking Statements

 

This Quarterly Report on Form 10-Q includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in our other Securities and Exchange Commission (“SEC”) filings. References to “we,” “us,” “our” or the “Company” are to Spartan Energy Acquisition Corp. The following discussion should be read in conjunction with our condensed financial statements and related notes thereto included elsewhere in this report.

 

Overview

 

We are a blank check company incorporated 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”). On August 14, 2018 (the “IPO Closing Date”), we consummated our initial public offering (the “Public Offering”) of 55,200,000 units (the “Units”), including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option. The Units were sold at a price of $10.00 per unit, generating gross proceeds to us of $552,000,000.

 

On August 14, 2018, simultaneously with the consummation of the Public Offering, we completed the private sale of 9,360,000 private placement warrants at a purchase price of $1.50 per warrant to our sponsor, Spartan Energy Acquisition Sponsor LLC, a Delaware limited liability company (the “Sponsor”), generating gross proceeds to us of approximately $14,040,000.

 

Approximately $552,000,000 of the net proceeds from the Public Offering and the private placement with the Sponsor has been deposited in a trust account established for the benefit of our public stockholders (the “Trust Account”).

 

In connection with the Public Offering, Apollo Natural Resources Partners II, L.P., a Delaware limited partnership of which the Sponsor is an indirect subsidiary (“ANRP II”), entered into a forward purchase agreement with us that provides for the purchase by ANRP II of an aggregate of up to 30,000,000 shares of our Class A common stock (the “Forward Purchase Shares”), plus an aggregate of up to 10,000,000 warrants (the “Forward Purchase Warrants” and, collectively with the Forward Purchase Shares, the “Forward Purchase Securities”), for an aggregate purchase price of up to $300,000,000 in a private placement that will close simultaneously with the closing of our initial Business Combination.

 

We are currently in the process of locating suitable targets for an initial Business Combination. We intend to effectuate an initial Business Combination using cash from the proceeds of the Public Offering, the private placement of warrants that occurred simultaneously with the consummation of the Public Offering, the private placement of Forward Purchase Securities, and from additional issuances, if any, of our capital stock, debt or a combination of cash, stock and debt. We are pursuing acquisition opportunities and, at any given time, may be in various stages of due diligence or preliminary discussions with respect to a number of potential acquisitions. From time to time, we may enter into non-binding letters of intent, but we are currently not subject to any definitive agreement with respect to any business combination. However, we cannot assure you that we will identify any suitable target candidates or, if identified, that we will be able to complete the acquisition of such candidates on favorable terms or at all.

 

15

 

 

Results of Operations

 

We have neither engaged in any significant operations nor generated any operating revenue. Our only activities from inception through the IPO Closing Date related to our formation and the Public Offering. Although we have not generated operating revenue, we have generated non-operating income in the form of interest income on cash and cash equivalents. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as costs in the pursuit of our acquisition plans.

 

For the three and nine months ended September 30, 2018, we had net income of $359,089, which consisted of investment income held in the Trust Account net of operating costs, administrative service fees and income tax provision.

 

Liquidity and Capital Resources

 

Until the consummation of the Public Offering, our only source of liquidity was an initial sale of shares (the “Founder Shares”) of Class B common stock, par value $0.0001 per share (the “Class B Common Stock”), to the Sponsor. Additionally, an affiliate of the Sponsor advanced funds totaling $294,354 to pay administrative and offering costs. Upon the closing of the Public Offering, the Company repaid the affiliate of the Sponsor $294,354 in settlement of the outstanding loan and advances.

 

On the IPO Closing Date, we consummated the Public Offering of 55,200,000 Units, including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option. The Units were sold at a price of $10.00 per unit, generating gross proceeds to us of $552,000,000.

 

On August 14, 2018, simultaneously with the consummation of the Public Offering, we completed the private sale of 9,360,000 private placement warrants at a purchase price of $1.50 per warrant to the Sponsor, generating gross proceeds to us of approximately $14,040,000.

 

Approximately $552,000,000 of the net proceeds from the Public Offering and the private placement with the Sponsor has been deposited in the Trust Account. The $552,000,000 of net proceeds held in the Trust Account includes $19,320,000 of deferred underwriting discounts and commissions that will be released to the underwriters of the Public Offering upon completion of our initial Business Combination. Of the gross proceeds from the Public Offering and the private placement with the Sponsor that were not deposited in the Trust Account, $11,040,000 was used to pay underwriting discounts and commissions in the Public Offering, $294,354 was used to repay advances from an affiliate of the Sponsor, and the balance was reserved to pay accrued offering and formation costs, business, legal and accounting due diligence expenses on prospective acquisitions and continuing general and administrative expenses.

 

At September 30, 2018, we had cash and cash equivalents of $1,559,467 and working capital of $1,384,227.

 

In addition, interest income on the funds held in the Trust Account may be released to us to pay our franchise and income taxes.

 

Off-Balance Sheet Arrangements

 

We do not have any off-balance sheet arrangements as of September 30, 2018.

 

Contractual Obligations

 

At September 30, 2018, we did not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities. On August 9, 2018, we entered into an administrative services agreement pursuant to which we have agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial support and administrative services. Upon completion of the initial Business Combination, we will cease paying these monthly fees.

 

The underwriters of the Public Offering were entitled to underwriting discounts and commissions of 5.5%, of which 2.0% ($11,040,000) was paid at the closing of the Public Offering and 3.5% ($19,320,000) was deferred. The deferred underwriting discounts and commissions will become payable to the underwriters upon the consummation of the initial Business Combination and will be paid from amounts held in the Trust Account. The underwriters are not entitled to any interest accrued on the deferred underwriting discounts and commissions.

 

16

 

 

Recent Accounting Pronouncements

 

In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.

 

The Company’s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

 

Item 3.Quantitative and Qualitative Disclosures About Market Risk

 

As of September 30, 2018, we were not subject to any market or interest rate risk. The net proceeds from the Public Offering and the private placement of private placement warrants held in the Trust Account have been invested solely in U.S. government securities having a maturity of 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, which invest only in direct U.S. government treasury obligations. Due to the short-term nature of these investments, we believe there is no associated material exposure to interest rate risk.

 

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 Securities Exchange Act of 1934, as amended (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 September 30, 2018. 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.

 

17

 

 

Part II – Other Information

 

Item 1.Legal Proceedings

 

None.

 

Item 1A.Risk Factors

 

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 prospectus filed with the SEC on August 13, 2018.

 

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

 

Unregistered Sales

 

In October 2017, the Sponsor purchased 14,375,000 Founder Shares for $25,000, or approximately $0.002 per share. The Founder Shares will automatically convert into shares of our Class A common stock at the time of the initial Business Combination. In July 2018, the Sponsor surrendered 2,875,000 shares of its Class B common stock for no consideration. In August 2018, we effected a stock dividend of 2,300,000 shares of our Class B common stock, resulting in the Sponsor holding an aggregate of 13,800,000 Founder Shares. In August 2018, the Sponsor transferred 150,000 Founder Shares to each of our independent directors at their original purchase price. The Founder Shares were issued in connection with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”).

 

Simultaneously with the consummation of the Public Offering, the Sponsor purchased from the Company an aggregate of 9,360,000 private placement warrants at a price of $1.50 per private placement warrant (for a purchase price of approximately $14,040,000). Each private placement warrant entitles the holder thereof to purchase one share of our Class A common stock at an exercise price of $11.50 per share. The sale of the private placement warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

 

Use of Proceeds

 

On the IPO Closing Date, we consummated the Public Offering of 55,200,000 Units, including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option. The Units were sold at a price of $10.00 per unit, generating gross proceeds to us of $552,000,000.

 

On August 14, 2018, simultaneously with the consummation of the Public Offering, we completed the private sale of 9,360,000 private placement warrants at a purchase price of $1.50 per warrant to the Sponsor, generating gross proceeds to us of approximately $14,040,000.

 

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Jefferies LLC, RBC Capital Markets, LLC and Tudor, Pickering, Holt & Co. Securities, Inc. served as underwriters for the Public Offering. The securities sold in the Public Offering were registered under the Securities Act on registration statements on Form S-1 (File No. 333-226274 and 333-226747) (together, the “Registration Statement”). The SEC declared the Registration Statement effective on August 9, 2018.

 

From October 13, 2017 (date of inception) through August 14, 2018 (the IPO closing date), we incurred approximately $31,184,262 for costs and expenses related to the Public Offering. In connection with the closing of the Public Offering, we paid a total of $11,040,000 in underwriting discounts and commissions. In addition, the underwriters agreed to defer $19,320,000 in underwriting discounts and commissions, which amount will be payable upon consummation of the initial Business Combination. Prior to the closing of the Public Offering, an affiliate of the Sponsor advanced us $294,354 to be used for a portion of the expenses of the Public Offering. A total of $$294,354 was repaid upon completion of the Public Offering out of the $1,000,000 of Public Offering proceeds that were allocated for the payment of offering expenses other than underwriting discounts and commissions. There has been no material change in the planned use of proceeds from the Public Offering as described in our final prospectus filed with the SEC on August 13, 2018.

 

After deducting the underwriting discounts and commissions (excluding the deferred portion of $19,320,000, which amount will be payable upon consummation of the initial Business Combination) and offering expenses, the total net proceeds from our Public Offering and the sale of the private placement warrants were $554,000,000, of which $552,000,000 (or $10.00 per share sold in the Public Offering) was placed in the Trust Account.

 

Item 3.Defaults Upon Senior Securities

 

None.

 

Item 4.Mine Safety Disclosures

 

Not Applicable.

 

Item 5.Other Information

 

None.

 

18

 

 

Item 6.Exhibits.

 

Exhibits designated by an asterisk (*) are filed herewith and those designated with asterisks (**) are furnished herewith; all exhibits not so designated are incorporated herein by reference to a prior filing as indicated.

 

EXHIBIT INDEX

 

Exhibit No.

  Description
     
3.1   Amended and Restated Certificate of Incorporation of Spartan Energy Acquisition Corp. (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
3.2   Bylaws of Spartan Energy Acquisition Corp. (incorporated by reference to Exhibit 3.4 to Amendment No. 1 to the Company’s Registration Statement on Form S-1 (File No. 333-226274) filed with the SEC on July 27, 2018)
     
4.1   Specimen Unit Certificate (incorporated by reference to Exhibit 4.1 to Amendment No. 1 to the Company’s Registration Statement on Form S-1 (File No. 333-226274) filed with the SEC on July 27, 2018)
     
4.2   Specimen Class A Common Stock Certificate (incorporated by reference to Exhibit 4.2 to Amendment No. 1 to the Company’s Registration Statement on Form S-1 (File No. 333-226274) filed with the SEC on July 27, 2018)
     
4.3   Specimen Warrant Certificate (incorporated by reference to Exhibit 4.3 to Amendment No. 1 to the Company’s Registration Statement on Form S-1 (File No. 333-226274) filed with the SEC on July 27, 2018)
     
4.4   Warrant Agreement, dated August 9, 2018, between Spartan Energy Acquisition Corp. and Continental Stock Transfer & Trust Company, as warrant agent (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.1   Letter Agreement, dated August 9, 2018, among Spartan Energy Acquisition Corp., its officers and directors and Spartan Energy Acquisition Sponsor LLC (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.2   Investment Management Trust Agreement, dated August 9, 2018, between Spartan Energy Acquisition Corp. and Continental Stock Transfer & Trust Company, as trustee (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.3   Registration Rights Agreement, dated August 9, 2018, among Spartan Energy Acquisition Corp., Spartan Energy Acquisition Sponsor LLC and certain other security holders named therein (incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.4   Administrative Services Agreement, dated August 9, 2018, between Spartan Energy Acquisition Corp. and Spartan Energy Acquisition Sponsor LLC (incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.5   Private Placement Warrants Purchase Agreement, dated August 9, 2018, between Spartan Energy Acquisition Corp. and Spartan Energy Acquisition Sponsor LLC (incorporated by reference to Exhibit 10.5 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)

 

19

 

 

Exhibit No.

  Description
     
10.6   Forward Purchase Agreement, dated August 9, 2018, between Spartan Energy Acquisition Corp. and Apollo Natural Resources Partners II, L.P. (incorporated by reference to Exhibit 10.6 to the Company’s Current Report on Form 8-K (File No. 001-38625) filed with the SEC on August 14, 2018)
     
10.7   Promissory Note, dated October 18, 2017, issued to Spartan Energy Acquisition Sponsor LLC (f/k/a Nike Energy Acquisition Sponsor LLC) by Spartan Energy Acquisition Corp. (f/k/a Nike Energy Acquisition Corp.) (incorporated by reference to Exhibit 10.1 to the Company’s Draft Registration Statement on Form S-1 (File No. 377-01762) submitted to the SEC on October 27, 2017)
     
10.8   Securities Purchase Agreement, dated October 18, 2017, between Spartan Energy Acquisition Corp. (f/k/a Nike Energy Acquisition Corp.) and Spartan Energy Acquisition Sponsor LLC (f/k/a Nike Energy Acquisition Sponsor LLC) (incorporated by reference to Exhibit 10.5 to the Company’s Draft Registration Statement on Form S-1 (File No. 377-01762) submitted to the SEC on October 27, 2017)
     
10.9   Form of Indemnification Agreement (incorporated by reference to Exhibit 10.7 to Amendment No. 1 to the Company’s Registration Statement on Form S-1 (File No. 333-226274) filed with the SEC on July 27, 2018)
     
31.1*   Certification of the Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a)
     
31.2*   Certification of the Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a)
     
32.1**   Certification of the Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. 1350
     
32.2**   Certification of the Chief Financial Officer required by Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. 1350
     
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   Taxonomy Extension Presentation Linkbase Document

 

20

 

 

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.

 

  SPARTAN ENERGY ACQUISITION CORP.
  (Registrant)
     
  By: /s/ James Crossen
    James Crossen
    Chief Financial Officer and
Chief Accounting Officer
    (Duly Authorized Officer and
Principal Financial Officer)

 

Date: November 9, 2018

 

21

EX-31.1 2 f10q0918ex31-1_spartan.htm CERTIFICATION

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, Geoffrey Strong, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q of Spartan Energy Acquisition Corp. for the quarterly period ended September 30, 2018;

 

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 are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and 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: November 9, 2018

 

  /s/ Geoffrey Strong
  Geoffrey Strong
  Chief Executive Officer
  (Principal Executive Officer)

EX-31.2 3 f10q0918ex31-2_spartan.htm CERTIFICATION

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, James Crossen, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q of Spartan Energy Acquisition Corp. for the quarterly period ended September 30, 2018;

 

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 are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and 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: November 9, 2018

 

  /s/ James Crossen
  James Crossen
  Chief Financial Officer and
Chief Accounting Officer
  (Principal Financial Officer)
EX-32.1 4 f10q0918ex32-1_spartan.htm CERTIFICATION

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. 1350

(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

 

I, Geoffrey Strong, Chief Executive Officer of Spartan Energy Acquisition Corp. (the “Company”), certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that, to my knowledge:

 

(1) the Quarterly Report on Form 10-Q of the Company for the quarterly period ended September 30, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and

 

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

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: November 9, 2018

 

  /s/ Geoffrey Strong
  Geoffrey Strong
  Chief Executive Officer
  (Principal Executive Officer)

EX-32.2 5 f10q0918ex32-2_spartan.htm CERTIFICATION

EXHIBIT 32.2

 

CERTIFICATION PURSUANT TO

18 U.S.C. 1350

(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

 

I, James Crossen, Chief Financial Officer and Chief Accounting Officer of Spartan Energy Acquisition Corp. (the “Company”), certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that, to my knowledge:

 

(1) the Quarterly Report on Form 10-Q of the Company for the quarterly period ended September 30, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and

 

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

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: November 9, 2018

 

  /s/ James Crossen
  James Crossen
  Chief Financial Officer and
Chief Accounting Officer
  (Principal Financial Officer)

EX-101.INS 6 spaq-20180930.xml XBRL INSTANCE FILE 0001720990 2018-01-01 2018-09-30 0001720990 2018-09-30 0001720990 2017-12-31 0001720990 us-gaap:CommonClassAMember 2018-09-30 0001720990 us-gaap:CommonClassAMember 2017-12-31 0001720990 us-gaap:CommonClassBMember 2018-09-30 0001720990 us-gaap:CommonClassBMember 2017-12-31 0001720990 2018-07-01 2018-07-31 0001720990 us-gaap:CommonClassBMember 2017-10-01 2017-10-31 0001720990 us-gaap:CommonClassBMember 2017-10-31 0001720990 us-gaap:CommonClassBMember 2018-07-01 2018-07-31 0001720990 us-gaap:CommonClassBMember 2018-01-01 2018-09-30 0001720990 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001720990 us-gaap:RetainedEarningsMember 2017-12-31 0001720990 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-09-30 0001720990 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0001720990 us-gaap:RetainedEarningsMember 2018-01-01 2018-09-30 0001720990 us-gaap:RetainedEarningsMember 2018-09-30 0001720990 us-gaap:CommonClassAMember 2018-11-09 0001720990 us-gaap:CommonClassBMember 2018-11-09 0001720990 2018-08-31 0001720990 2018-08-01 2018-08-31 0001720990 2017-10-13 2018-09-30 0001720990 2018-07-01 2018-09-30 0001720990 2018-08-01 2018-08-10 0001720990 2018-08-01 2018-08-09 0001720990 us-gaap:PrivatePlacementMember 2018-01-01 2018-09-30 0001720990 us-gaap:PrivatePlacementMember 2018-09-30 0001720990 us-gaap:FairValueInputsLevel1Member 2018-09-30 0001720990 us-gaap:FairValueInputsLevel2Member 2018-09-30 0001720990 us-gaap:FairValueInputsLevel3Member 2018-09-30 0001720990 us-gaap:CommonClassAMember 2018-07-01 2018-09-30 0001720990 us-gaap:CommonClassAMember 2018-01-01 2018-09-30 0001720990 us-gaap:CommonClassBMember 2018-07-01 2018-09-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure Spartan Energy Acquisition Corp. 0001720990 10-Q 2018-09-30 false Non-accelerated Filer 233000 1559467 25000 19785347 236868 250697 236868 555021306 258000 355221 -3868 4643190 23620 218 1380 1380 0.0001 0.0001 1000000 1000000 0.0001 0.0001 0.0001 0.0001 200000000 200000000 20000000 20000000 2176405 13800000 13800000 2176405 13800000 13800000 597993 597993 13800000 55200000 55200000 13800000 0.00 0.01 0.01 0.00 -641271 1534467 554175738 SPAQ 7200000 552000000 100000 5000001 250000 0.002 0.002 11.50 10.00 11.50 7200000 25000 14040000 14375000 2875000 9360000 55200000 (A) one year after the completion of an Initial Business Combination or (B) subsequent to an Initial Business Combination, (x) if the last reported sale price of the Company&#8217;s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the consummation of an Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company&#8217;s stockholders having the right to exchange their shares of common stock for cash, securities or other property. 1.50 1.50 294354 1.00 10000 10000 10000 2875000 5000009 21132 218 1380 1380 23620 -3868 4643190 355221 2176405 13800000 13800000 359089 359089 359089 2875000 true true false 2018 Q3 55200000 13800000 1849574 258000 290107 553171732 555021306 258000 465347 236868 214650 19320000 530235950 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>NOTE 1. <font style="text-transform: uppercase">Description of Organization and Business Operations</font></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Organization and General</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Spartan Energy Acquisition Corp. (the &#8220;<b>Company</b>&#8221;) was incorporated in Delaware on October 13, 2017. 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;<b>Initial Business Combination</b>&#8221;). The Company is an &#8220;emerging growth company&#8221; as defined in Section 2(a) of the Securities Act of 1933, as amended (the &#8216;&#8216;<b>Securities Act</b>&#8217;), as modified by the Jumpstart Our Business Startups Act of 2012 (the &#8220;<b>JOBS Act</b>&#8221;).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">At September 30, 2018, the Company had not commenced any operations. All activity for the period from October 13, 2017 (inception) through September 30, 2018 relates to the Company&#8217;s formation and the initial public offering (the &#8220;<b>Public Offering</b>&#8221;) described below, the identification and evaluation of prospective acquisition targets for an Initial Business Combination and ongoing administrative and compliance matters. The Company will not generate any operating revenues until after completion of its Initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income earned on investments from the net proceeds derived from the Public Offering. The Company has selected December 31<sup>st</sup>&#160;as its fiscal year end.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Sponsor and Public Offering</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s sponsor is Spartan Energy Acquisition Sponsor LLC, a Delaware limited liability company (the &#8220;<b>Sponsor</b>&#8221;). As described in Note 3, on August 14, 2018, the Company consummated the Public Offering of 55,200,000 of its units (the &#8220;<b>Units</b>&#8221;), including 7,200,000 Units that were issued pursuant to the underwriters&#8217; full exercise of their over-allotment option, generating gross proceeds of $552,000,000. As described in Note 4, on August 14, 2018, simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 warrants (the &#8220;<b>Private Placement Warrants</b>&#8221;) at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate (the &#8220;<b>Private Placement</b>&#8221;).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company intends to finance its Initial Business Combination with proceeds from the Public Offering, the Private Placement, the private placement of forward purchase units (described in Note 4), the Company&#8217;s capital stock, debt or a combination of the foregoing.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Trust Account</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Upon the closing of the Public Offering and the Private Placement, $552,000,000 was placed in a trust account (the &#8220;<b>Trust Account</b>&#8221;). The proceeds held in the Trust Account will be invested only in U.S. government securities with a maturity of one hundred eighty (180) days or less or in money market funds that meet certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, which invest only in direct U.S. government treasury obligations, as determined by the Company. Funds will remain in the Trust Account until the earlier of (i) the consummation of the Initial Business Combination or (ii) the distribution of the Trust Account proceeds as described below. The remaining proceeds 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.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s amended and restated certificate of incorporation provides that, except for the withdrawal of interest to pay franchise and income taxes, none of the funds held in the Trust Account (including the interest earned on the funds held in the Trust Account) will be released from the Trust Account until the earlier of: (i) the completion of the Initial Business Combination; (ii) the redemption of any shares of Class A common stock included in the Units sold in the Public Offering (the &#8220;<b>Public Shares</b>&#8221;) that have been properly tendered in connection with a stockholder vote seeking to amend any provisions of the Company&#8217;s amended and restated certificate of incorporation relating to stockholders&#8217; rights or pre-Initial Business Combination activity; or (iii) the redemption of 100% of the Public Shares if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering. The proceeds deposited in the Trust Account could become subject to the claims of the Company&#8217;s creditors, if any, which could have priority over the claims of the Company&#8217;s public stockholders.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Initial Business Combination</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">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 an Initial Business Combination. The Initial Business Combination must occur with one or more target businesses that together have a fair market value of at least 80% of the assets held in the Trust Account (excluding the deferred underwriting discounts and commissions and taxes payable on the interest earned on the Trust Account) at the time of the agreement to enter into the Initial Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect an Initial Business Combination.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company, after signing a definitive agreement for an Initial Business Combination, will either (i) seek stockholder approval of the Initial Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their Public Shares, regardless of whether they vote for or against the Initial Business Combination, for cash equal to their pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes, or (ii) provide stockholders with the opportunity to sell their Public 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 on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. The decision as to whether the Company will seek stockholder approval of the Initial Business Combination or will allow stockholders to sell their Public 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 New York Stock Exchange rules. If the Company seeks stockholder approval, it will complete its Initial Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Initial Business Combination. However, in no event will the Company redeem its Public Shares 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 and the related Initial Business Combination, and instead may search for an alternate Initial Business Combination.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">If the Company holds a stockholder vote or there is a tender offer for shares in connection with an Initial Business Combination, a stockholder will have the right to redeem his, her or its Public Shares for an amount in cash equal to his, her or its pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. As a result, such Public Shares are recorded at redemption amount and classified as temporary equity upon the completion of the Public Offering, in accordance with the Financial Accounting Standards Board (&#8220;<b>FASB</b>&#8221;) Accounting Standards Codification (&#8220;<b>ASC</b>&#8221;) 480, &#8220;<i>Distinguishing Liabilities from Equity</i>.&#8221;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Pursuant to the Company&#8217;s amended and restated certificate of incorporation, if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than ten business days thereafter subject to lawfully available funds therefor, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company&#8217;s franchise and income taxes (less up to $100,000 of such net interest 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 liquidating 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. The Sponsor and the Company&#8217;s officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any Founder Shares (as defined below) held by them if the Company fails to complete the Initial Business Combination within 24 months of the closing of the Public Offering. However, if the Sponsor or any of the Company&#8217;s directors, officers or affiliates acquires shares of Class A common stock in or after the Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete the Initial Business Combination within the prescribed time period.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">In the event of a liquidation, dissolution or winding up of the Company after an Initial Business Combination, the Company&#8217;s stockholders are entitled to share ratably in all assets remaining available for distribution to them after payment of liabilities and after provision is made for each class of stock, if any, having preference over the common stock. The Company&#8217;s stockholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable to the common stock, except that the Company will provide its stockholders with the opportunity to redeem their Public Shares for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account, upon the completion of the Initial Business Combination, subject to the limitations described herein.</font></p> The Company consummated the Public Offering of 55,200,000 of its units (the &#8220;Units&#8221;), including 7,200,000 Units that were issued pursuant to the underwriters&#8217; full exercise of their over-allotment option, generating gross proceeds of $552,000,000. As described in Note 4, on August 14, 2018, simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 warrants (the &#8220;Private Placement Warrants&#8221;) at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate (the &#8220;Private Placement&#8221;). <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>NOTE 2. <font style="text-transform: uppercase">Summary of Significant Accounting Policies</font></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Basis of Presentation</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The accompanying unaudited financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (&#8220;<b>GAAP</b>&#8221;). The accompanying unaudited financial statements as of and for the three and nine months ended September 30, 2018 have been prepared in accordance with GAAP for interim financial information and Article 8 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the prospectus filed by the Company with the U.S. Securities and Exchange Commission (the &#8220;<b>SEC</b>&#8221;) on August 13, 2018 and the audited balance sheet filed as an exhibit to the Current Report on Form 8-K filed by the Company with the SEC on August&#160;20, 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Emerging Growth Company</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Section 102(b)(1) of 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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. This may make comparison of the Company&#8217;s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Net Income Per Share of Common Stock</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, &#8220;<i>Earnings Per Share.&#8221; </i>Net income per share is computed by dividing net income applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The Company has not considered the effect of the warrants sold in the Public Offering and Private Placement Warrants to purchase an aggregate of 27,760,000 shares of Class A common stock in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted earnings per share is the same as basic earnings per share for the period.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s condensed statement of operations includes a presentation of income per share for common stock subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A common stock is calculated by dividing the investment income earned on the Trust Account, net of applicable taxes, by the weighted average number of shares of Class A common stock outstanding since the initial issuance. Net loss per share, basic and diluted for Class B common stock is calculated by dividing the net income, less income attributable to Class A common stock, by the weighted average number of shares of Class B common stock outstanding for the period.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Concentration of Credit Risk</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal depository insurance coverage of $250,000. As of September 30, 2018, the Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Financial Instruments</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The fair value of the Company&#8217;s assets and liabilities, which qualify as financial instruments under FASB&#160;ASC&#160;820, &#8220;<i>Fair Value Measurements and Disclosures</i>,&#8221; approximates the carrying amounts represented in the balance sheet.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Fair Value Measurements</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value are unobservable. </font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Use of Estimates</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The preparation of the condensed financial statements in conformity with 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 expenses during the reporting period. Actual results could differ from those estimates.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Offering Costs</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (&#8220;SAB&#8221;) Topic 5A &#8212; &#8220;<i>Expenses of Offering</i>.&#8221; Offering costs of $31,184,262, consisting principally of underwriting discounts and commissions of $30,360,000 (including approximately $19,320,000 of which payment is deferred) and $824,262 of professional, printing, filing, regulatory and other offering costs were charged to additional paid-in capital upon the closing of the Public Offering on August 12, 2018.&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Class A Common Stock Subject to Possible Redemption</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in ASC Topic 480 &#8220;<i>Distinguishing Liabilities from Equity.&#8221;</i> Shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A common stock (including Class A common stock that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#8217;s control) are classified as temporary equity. At all other times, shares of Class A common stock are classified as stockholders&#8217; equity. The Company&#8217;s Class A common stock features certain redemption rights that are considered to be outside of the Company&#8217;s control and subject to the occurrence of uncertain future events.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A common stock under the Company&#8217;s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security 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 FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A common stock shall be affected by charges against additional paid-in capital.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Accordingly, at September 30, 2018, 53,023,595 shares of Class A common stock subject to possible redemption are presented as temporary equity, outside of the stockholders&#8217; equity section of the Company&#8217;s balance sheet.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Income Taxes</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company follows the asset and liability method of accounting for income taxes under FASB ASC&#160;740, <i>&#8220;Income Taxes.&#8221; </i>Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income 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 included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2018 or December 31, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at September 30, 2018 or December 31, 2017. 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 is subject to income tax examinations by major taxing authorities since inception.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Subsequent Events</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Recent Accounting Pronouncements</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company&#8217;s financial statements.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Basis of Presentation</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The accompanying unaudited financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (&#8220;<b>GAAP</b>&#8221;). The accompanying unaudited financial statements as of and for the three and nine months ended September 30, 2018 have been prepared in accordance with GAAP for interim financial information and Article 8 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the prospectus filed by the Company with the U.S. Securities and Exchange Commission (the &#8220;<b>SEC</b>&#8221;) on August 13, 2018 and the audited balance sheet filed as an exhibit to the Current Report on Form 8-K filed by the Company with the SEC on August&#160;20, 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Emerging Growth Company</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Section 102(b)(1) of 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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. This may make comparison of the Company&#8217;s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Net Income Per Share of Common Stock</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, &#8220;<i>Earnings Per Share.&#8221; </i>Net income per share is computed by dividing net income applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The Company has not considered the effect of the warrants sold in the Public Offering and Private Placement Warrants to purchase an aggregate of 27,760,000 shares of Class A common stock in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted earnings per share is the same as basic earnings per share for the period.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s condensed statement of operations includes a presentation of income per share for common stock subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A common stock is calculated by dividing the investment income earned on the Trust Account, net of applicable taxes, by the weighted average number of shares of Class A common stock outstanding since the initial issuance. Net loss per share, basic and diluted for Class B common stock is calculated by dividing the net income, less income attributable to Class A common stock, by the weighted average number of shares of Class B common stock outstanding for the period.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Concentration of Credit Risk</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal depository insurance coverage of $250,000. As of September 30, 2018, the Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Financial Instruments</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The fair value of the Company&#8217;s assets and liabilities, which qualify as financial instruments under FASB&#160;ASC&#160;820, &#8220;<i>Fair Value Measurements and Disclosures</i>,&#8221; approximates the carrying amounts represented in the balance sheet.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Use of Estimates</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The preparation of the condensed financial statements in conformity with 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 expenses during the reporting period. Actual results could differ from those estimates.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Offering Costs</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (&#8220;SAB&#8221;) Topic 5A &#8212; &#8220;<i>Expenses of Offering</i>.&#8221; Offering costs of $31,184,262, consisting principally of underwriting discounts and commissions of $30,360,000 (including approximately $19,320,000 of which payment is deferred) and $824,262 of professional, printing, filing, regulatory and other offering costs were charged to additional paid-in capital upon the closing of the Public Offering on August 12, 2018.&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Income Taxes</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company follows the asset and liability method of accounting for income taxes under FASB ASC&#160;740, <i>&#8220;Income Taxes.&#8221; </i>Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income 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 included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2018 or December 31, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at September 30, 2018 or December 31, 2017. 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 is subject to income tax examinations by major taxing authorities since inception.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Subsequent Events</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Recent Accounting Pronouncements</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company&#8217;s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company&#8217;s financial statements.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Class A Common Stock Subject to Possible Redemption</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in ASC Topic 480 &#8220;<i>Distinguishing Liabilities from Equity.&#8221;</i> Shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A common stock (including Class A common stock that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#8217;s control) are classified as temporary equity. At all other times, shares of Class A common stock are classified as stockholders&#8217; equity. The Company&#8217;s Class A common stock features certain redemption rights that are considered to be outside of the Company&#8217;s control and subject to the occurrence of uncertain future events.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A common stock under the Company&#8217;s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security 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 FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A common stock shall be affected by charges against additional paid-in capital.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Accordingly, at September 30, 2018, 53,023,595 shares of Class A common stock subject to possible redemption are presented as temporary equity, outside of the stockholders&#8217; equity section of the Company&#8217;s balance sheet.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Fair Value Measurements</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif">&#9679;</td><td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value are unobservable. </font></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.</font></p> 27760000 31184262 30360000 19320000 824262 53023595 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>NOTE 3. <font style="text-transform: uppercase">PUBLIC Offering</font></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company sold 55,200,000 Units in the Public Offering, including 7,200,000 Units that were issued pursuant to the underwriters&#8217; full exercise of their over-allotment option, at a price of $10.00 per Unit. Simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Each Unit consists of one share of the Company&#8217;s Class A common stock, $0.0001 par value per share, and one-third of one warrant (each, a &#8220;<b>Warrant</b>&#8221; and, collectively, the &#8220;<b>Warrants</b>&#8221;). Each whole Warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. No fractional shares will be issued upon separation of the Units and only whole Warrants will trade. Each Warrant will become exercisable on the later of 30 days after the completion of an Initial Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation. Once the Warrants become exercisable, the Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days&#8217; prior written notice of redemption, if and only if the last sale price of the Company&#8217;s Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sent the notice of redemption to the Warrant holders.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">As noted above, the underwriters exercised the 45-day option to purchase up to 7,200,000 additional Units to cover any over-allotments at the Public Offering price less the underwriting discounts and commissions. The Units that were issued in connection with the over-allotment option were identical to the other Units issued in the Public Offering.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company paid an underwriting discount of 2.0% of the gross offering proceeds, or $11.04 million in the aggregate, to the underwriters at the closing of the Public Offering, with an additional fee (the &#8220;<b>Deferred Discount</b>&#8221;) of 3.5% of the gross offering proceeds, or $19.32 million of the aggregate, payable upon the Company&#8217;s completion of an Initial 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 an Initial Business Combination.</font></p> 7200000 The Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days&#8217; prior written notice of redemption, if and only if the last sale price of the Company&#8217;s Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sent the notice of redemption to the Warrant holders. <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><b>NOTE 4. Related Party Transactions</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Founder Shares </u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">In October 2017, the Sponsor purchased 14,375,000 shares of the Company&#8217;s Class B common stock (the &#8220;<b>Founder Shares</b>&#8221;) for $25,000, or approximately $0.002 per share. In July 2018, the Sponsor surrendered 2,875,000 shares of its Class B common stock for no consideration. In August 2018, the Company effected a stock dividend with respect to the Class B common stock of 2,300,000 shares thereof, resulting in the Sponsor holding an aggregate of 13,800,000 shares of Class B common stock.&#160;As used herein, unless the context otherwise requires, &#8220;Founder Shares&#8221; shall be deemed to include the shares of Class A common stock issuable upon conversion thereof. The Founder Shares are identical to the Class A common stock included in the Units sold in the Public Offering except that the Founder Shares are shares of Class B common stock which automatically convert into shares of Class A common stock at the time of the Initial Business Combination and are subject to certain transfer restrictions, as described in more detail below. In August 2018, prior to the Public Offering, the Sponsor transferred 150,000 Founder Shares to each of the Company&#8217;s two independent directors at their original purchase price.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The holders of the Founders Shares have agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of an Initial Business Combination or (B) subsequent to an Initial Business Combination, (x) if the last reported sale price of the Company&#8217;s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the consummation of an Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company&#8217;s stockholders having the right to exchange their shares of common stock for cash, securities or other property.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Private Placement</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Concurrently with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a price of $1.50 per warrant ($14,040,000 in the aggregate) in the Private Placement. Each Private Placement Warrant is exercisable for one share of the Company&#8217;s Class A common stock at a price of $11.50 per share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering held in the Trust Account. If the Initial Business Combination is not completed within 24 months from the closing of the Public Offering, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable and exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Sponsor and the Company&#8217;s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the Initial Business Combination.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Registration Rights</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The holders of the Founder Shares, Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans, if any (and any Class A common shares issuable upon the conversion of any Founder Shares and the exercise of the Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans) will be entitled to registration rights pursuant to a registration rights agreement signed on August 9, 2018. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain &#8220;piggy-back&#8221; registration rights with respect to registration statements filed subsequent to the consummation of an Initial Business Combination. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable lock-up period. The Company will bear the expenses incurred in connection with the filing of any such registration statements.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Advances from Related Parties</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">Affiliates of the Sponsor paid certain administrative expenses and offering costs on behalf of the Company. These advances are due on demand and are non-interest bearing. For the period from October 13, 2017 (inception) through September 30, 2018, the related parties paid $294,354 of offering costs and other expenses on behalf of the Company. As of September 30, 2018, there was no amount due to the related parties.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Administrative Service Fee</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company, commencing on August 10, 2018, has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial support and administrative services. Upon completion of the Initial Business Combination or the Company&#8217;s liquidation, the Company will cease paying these monthly fees. The Company paid the Sponsor $10,000 for such services for the three and nine months ended September 30, 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Forward Purchase Agreement</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">On August 9, 2018, the Company entered into a forward purchase agreement (the &#8220;<b>Forward Purchase&#160;Agreement</b>&#8221;) pursuant to which an affiliate of the Sponsor agreed to purchase an aggregate of up to 30,000,000 shares of the Company&#8217;s Class A common stock (the &#8220;<b>Forward Purchase Shares</b>&#8221;), plus an aggregate of up to 10,000,000 warrants (the &#8220;<b>Forward Purchase Warrants</b>&#8221; and, together with the Forward Purchase Shares, the &#8220;<b>Forward Purchase Units</b>&#8221;), for an aggregate purchase price of up to $300,000,000 or $10.00 per unit. Each Forward Purchase Warrant will have the same terms as each of the Private Placement Warrants.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The obligations under the Forward Purchase Agreement do not depend on whether any public stockholders elect to redeem their shares in connection with the Initial Business Combination and provide the Company with a minimum funding level for the Initial Business Combination. Additionally, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to termination prior to the closing of the sale of the Forward Purchase Units by mutual written consent of the Company and such affiliate, or automatically: (i) if the Initial Business Combination is not consummated within 24 months from the closing of the Public Offering, unless extended up to a maximum of sixty (60) days in accordance with the amended and restated certificate of incorporation; or (ii) if the affiliate of the Sponsor or the Company become subject to any voluntary or involuntary petition under the United States federal bankruptcy laws or any state insolvency law, in each case which is not withdrawn within sixty (60) days after being filed, or a receiver, fiscal agent or similar officer is appointed by a court for business or property of the affiliate of the Sponsor or the Company in each case which is not removed, withdrawn or terminated within sixty (60) days after such appointment. In addition, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to fulfillment of customary closing conditions, including that the Initial Business Combination must be consummated substantially concurrently with the purchase of the Forward Purchase Units.</font></p> 2300000 2300000 The Company entered into a forward purchase agreement (the &#8220;Forward Purchase&#160;Agreement&#8221;) pursuant to which an affiliate of the Sponsor agreed to purchase an aggregate of up to 30,000,000 shares of the Company&#8217;s Class A common stock (the &#8220;Forward Purchase Shares&#8221;), plus an aggregate of up to 10,000,000 warrants (the &#8220;Forward Purchase Warrants&#8221; and, together with the Forward Purchase Shares, the &#8220;Forward Purchase Units&#8221;), for an aggregate purchase price of up to $300,000,000 or $10.00 per unit. Each Forward Purchase Warrant will have the same terms as each of the Private Placement Warrants. <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><b>Note 5.&#160;Deferred Underwriting COMMISSIONS</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company is committed to pay the Deferred Discount of&#160;3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters of the Public Offering upon the Company&#8217;s completion of an Initial Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount, and no Deferred Discount is payable to the underwriters if an Initial Business Combination is not completed within 24 months after the Public Offering.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>NOTE 6. <font style="text-transform: uppercase">Stockholders&#8217; Equity</font></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Common Stock</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The authorized common stock of the Company includes 200,000,000 shares of Class&#160;A common stock and 20,000,000 shares of Class&#160;B common stock. If the Company enters into an Initial Business Combination, it may (depending on the terms of such an Initial Business Combination) be required to increase the number of shares of Class&#160;A common stock which the Company is authorized to issue at the same time as the Company&#8217;s stockholders vote on the Initial Business Combination to the extent the Company seeks stockholder approval in connection with the Initial Business Combination. Holders of the Company&#8217;s common stock are entitled to one vote for each share of common stock. At September 30, 2018, there were 55,200,000 shares of Class A common stock, of which 53,023,595 shares were classified outside of permanent equity, and 13,800,000 shares of Class B common stock issued and outstanding. All shares and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Preferred Stock</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company is authorized to issue 1,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Company&#8217;s board of directors. At September 30, 2018, there were no shares of preferred stock issued or outstanding.&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i><u>Warrants</u></i></b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Warrants will become exercisable on the later of&#8201; (a) 30 days after the completion of an Initial Business Combination or (b) 12 months from the closing of the Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class&#160;A common stock issuable upon exercise of the Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of its Initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class&#160;A common stock issuable upon exercise of the Warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Warrants in accordance with the provisions of the warrant agreement. If the Class A common stock is at the time of any exercise of a Warrant not listed on a national securities exchange such that it satisfies the definition of a &#8220;covered security&#8221; under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Warrants who exercise their Warrants to do so on a &#8220;cashless basis&#8221; in accordance with Section 3(a)(9) of the Securities Act or another exemption. The Warrants will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Private Placement Warrants are identical to the Warrants, except that the Private Placement Warrants and the Class&#160;A common stock issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of an Initial Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be&#160;non-redeemable&#160;so long as they are held by the Sponsor or any of its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Warrants.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font>&#160;&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The Company may call the Warrants for redemption (except with respect to the Private Placement Warrants):</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"> <tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">in whole and not in part;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"> <tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">at a price of $0.01 per warrant;</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"> <tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">upon a minimum of 30 days prior written notice of redemption; and</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"> <tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td> <td style="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></td> <td style="text-align: justify; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">if, and only if, the last reported sales price of the Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sends the notice of redemption to the Warrant holders.</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">If the Company calls the Warrants for redemption, management will have the option to require all holders that wish to exercise the Warrants to do so on a cashless basis. In no event will the Company be required to net cash settle the Warrant exercise. If the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering and the Company liquidates the funds held in the Trust Account, holders of Warrants will not receive any of such funds with respect to their Warrants, nor will they receive any distribution from the Company&#8217;s assets held outside of the Trust Account with respect to such Warrants. Accordingly, the Warrants may expire worthless.</font></p> 2875000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><b>Note 7. Fair Value Measurements</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">The following table presents information about the Company&#8217;s assets that are measured on a recurring basis as of September&#160;30, 2018 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: justify; border-bottom: Black 1.5pt solid">Description</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September&#160;30,<br /> 2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Quoted<br /> Prices<br /> in&#160;Active<br /> Markets<br /> (Level&#160;1)</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Significant<br /> Other<br /> Observable<br /> Inputs<br /> (Level&#160;2)</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Significant<br /> Other<br /> Unobservable<br /> Inputs<br /> (Level&#160;3)</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: justify">Investment held in Trust Account</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">553,171,732</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">553,171,732</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">&#8212;</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">&#8212;</td><td style="width: 1%; text-align: left">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><font style="font: normal 10pt Times New Roman, Times, Serif; text-transform: uppercase">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><font style="font: normal 10pt Times New Roman, Times, Serif">At September 30, 2018, the investments held in the Trust Account were held in marketable securities.</font></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: justify; border-bottom: Black 1.5pt solid">Description</td> <td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September&#160;30,<br /> 2018</td> <td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td> <td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Quoted<br /> Prices<br /> in&#160;Active<br /> Markets<br /> (Level&#160;1)</td> <td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td> <td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Significant<br /> Other<br /> Observable<br /> Inputs<br /> (Level&#160;2)</td> <td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td> <td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Significant<br /> Other<br /> Unobservable<br /> Inputs<br /> (Level&#160;3)</td> <td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: justify">Investment held in Trust Account</td> <td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">553,171,732</td> <td style="width: 1%; text-align: left">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">553,171,732</td> <td style="width: 1%; text-align: left">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">&#8212;</td> <td style="width: 1%; text-align: left">&#160;</td> <td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right">&#8212;</td> <td style="width: 1%; text-align: left">&#160;</td> </tr> </table> 553171732 553171732 <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><b>Note 8. SUBSEQUENT EVENTS</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Commencing October 1, 2018, holders of the Units were permitted to elect to separately trade the shares of Class A common stock and Warrants included in the Units.</font></p> 10000 10000 587993 587993 573739 573739 214650 214650 2300000 552000000 551994480 5520 55200000 -31184262 -31184262 -530235950 -530230648 -5302 -53023595 -1171732 290107 246829 214650 552000000 -552000000 14040000 11040000 824262 19320000 530235950 293354 --12-31 53023595 1171732 1171732 14040000 14040000 0.80 13800000 The Company is committed to pay the Deferred Discount of&#160;3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters of the Public Offering upon the Company&#8217;s completion of an Initial Business Combination. 10 10 The Company paid an underwriting discount of 2.0% of the gross offering proceeds, or $11.04 million in the aggregate, to the underwriters at the closing of the Public Offering, with an additional fee (the &#8220;Deferred Discount&#8221;) of 3.5% of the gross offering proceeds, or $19.32 million of the aggregate, payable upon the Company&#8217;s completion of an Initial Business Combination. Prior to the Public Offering, the Sponsor transferred 150,000 Founder Shares to each of the Company&#8217;s two independent directors at their original purchase price. The Company may call the Warrants for redemption (except with respect to the Private Placement Warrants): . in whole and not in part; . at a price of $0.01 per warrant; . upon a minimum of 30 days prior written notice of redemption; and . if, and only if, the last reported sales price of the Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sends the notice of redemption to the Warrant holders. Share and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4). EX-101.SCH 7 spaq-20180930.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Condensed Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Condensed Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Condensed Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Condensed Statements of Operations (Unaudited) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Condensed Statement of Changes in Stockholders' Equity (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Statement - Condensed Statement of Changes in Stockholders' Equity (Unaudited) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000008 - Statement - Condensed Statement of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Description of Organization and Business Operations link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Public Offering link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Deferred Underwriting Commissions link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Description of Organization and Business Operations (Details) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Public Offering (Details) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Related Party Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Deferred Underwriting Commissions (Details) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Fair Value Measurements (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 spaq-20180930_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 spaq-20180930_def.xml XBRL DEFINITION FILE EX-101.LAB 10 spaq-20180930_lab.xml XBRL LABEL FILE Class of Stock [Axis] Common Class A [Member] Common Class B [Member] Equity Components [Axis] Additional Paid-in Capital [Member] Retained Earnings [Member] Sale of Stock [Axis] Private Placement [Member] Fair Value Hierarchy and NAV [Axis] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 2 [Member] Fair Value, Inputs, Level 3 [Member] Statement [Table] Statement [Line Items] Class A Common Stock Class B Common Stock Entity Registrant Name Entity Central Index Key Trading Symbol Amendment Flag Document Period End Date Current Fiscal Year End Date Document Type Document Fiscal Year Focus Document Fiscal Period Focus Entity Filer Category Entity Small Business Entity Emerging Growth Company Entity Ex Transition Period Entity Common Stock, Shares Outstanding Class A common stock Class B common stock ASSETS: Current assets: Cash Deferred offering costs Prepaid expenses Total current assets Investment held in Trust Account Total assets LIABILITIES AND STOCKHOLDER'S EQUITY Current liabilities: Accounts payable and accrued expenses Accrued income and franchise taxes Total current liabilities Deferred underwriting commissions Total liabilities Class A common stock subject to possible redemption; 53,023,595 shares and none at September 30, 2018 and December 31, 2017, respectively (at approximately $10.00 per share) Stockholders' equity: Preferred stock, $0.0001 par value per share; 1,000,000 shares authorized; none issued and outstanding Common stock value Additional paid-in capital Retained earnings (accumulated deficit) Total stockholders' equity Total liabilities and stockholders' equity Common stock subject to possible redemption shares Common stock subject to possible redemption per share Preferred stock, par value Preferred stock, authorized Preferred stock, issued Preferred stock, outstanding Common stock, par value Common stock, authorized Common stock, issued Common stock, outstanding Retroactively restated to reflect forfeiture shares of Class B common stock Retroactively restated to reflect stock dividend shares of Class B common stock REVENUE EXPENSES Administrative fee – related party General and administrative costs TOTAL EXPENSES OTHER INCOME Investment income on Trust Account INCOME BEFORE INCOME TAX PROVISION Income tax provision Net Income Weighted average shares outstanding Basic and diluted net income (loss) per share Income Statement [Abstract] Retroactively restated to reflect forfeiture shares of Class B common stock Retroactively restated to reflect stock dividend shares of Class B common stock Additional Paid-in Capital Retained Earnings (Accumulated Deficit) Beginning balance Beginning balance, shares Sale of Units in Public Offering Sale of Units in Public Offering, shares Underwriters’ discount and offering costs Sale of Private Placement Warrants to Sponsor Class A common stock subject to possible redemption Class A common stock subject to possible redemption, shares Net income Ending balance Ending balance, shares Statement of Stockholders' Equity [Abstract] Statement of Cash Flows [Abstract] Cash Flows From Operating Activities: Adjustments to reconcile net income to net cash used in operating activities: Investment income earned on investment held in Trust Account Changes in operating assets and liabilities: Prepaid expenses Accounts payable and accrued expenses Accrued income taxes Net Cash Used In Operating Activities Cash Flows From Investing Activities: Cash deposited into Trust Account Net Cash Used In Investing Activities Cash Flows From Financing Activities: Proceeds from sale of Units in Public Offering Proceeds from sale of Private Placement Warrants Payment of underwriter compensation Payment of offering costs Net Cash Provided By Financing Activities Net increase in cash Cash at beginning of period Cash at end of period Supplemental disclosure of noncash activities: Deferred underwriters’ commissions charges to additional paid-in capital in connection with the Public Offering Change in value of Class A common stock subject to possible redemption Offering expenses paid by related party on behalf of the Company Organization, Consolidation and Presentation of Financial Statements [Abstract] DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Accounting Policies [Abstract] SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Public Offering [Abstract] PUBLIC OFFERING Related Party Transactions [Abstract] RELATED PARTY TRANSACTIONS Deferred Underwriting Commissions [Abstract] DEFERRED UNDERWRITING COMMISSIONS Equity [Abstract] STOCKHOLDERS' EQUITY Fair Value Disclosures [Abstract] FAIR VALUE MEASUREMENTS Subsequent Events [Abstract] SUBSEQUENT EVENTS Basis of Presentation Emerging Growth Company Net Income Per Share of Common Stock Concentration of Credit Risk Financial Instruments Fair Value Measurements Use of Estimates Offering Costs Class A Common Stock Subject to Possible Redemption Income Taxes Subsequent Events Recent Accounting Pronouncements Summary of fair value hierarchy of the valuation techniques Description of Organization and Business Operations (Textual) Proceeds from issuance initial public offering Proceeds from issuance of private placement Trust account, description Net interest to dissolution expenses Net tangible assets Percentage of redemption of public shares Percentage of minimum fair market value asset Class A common stock Federal depository insurance coverage Offering costs Underwriting discounts and commissions Payment is deferred on underwriting discounts and commissions Professional, printing, filing, regulatory and other offering costs Class A common stock subject to possible redemption Net tangible assets Private Placement Warrants [Member] Public Offering (Textual) Sale of stock Issued to underwriters Sale of share per unit Purchase of additional shares Warrants description Aggregate sponsor purchased , shares Aggregate sponsor purchased Warrants price Common stock par value Underwriting description Subsequent Event Type [Axis] Related Party Transactions (Textual) Sponsor purchased, shares Sponsor purchased Stock dividend shares of Class B common stock Aggregate sponsor holding, shares Shares issued price per share Aggregate of shares issued Sponsor shares, description Founder shares percentage Common stock, description Warrant exercised price Private placement warrants, description Cover expenses related to the proposed offering Related parties paid offering costs and other expenses Due to the related parties Administrative support fees Forward purchase agreement, description Deferred underwriting commissions, description Stockholders' Equity (Textual) Shares subject to forfeiture Restated to reflect forfeiture of shares Retroactively restated to reflect stock dividend shares of Class B common stock Warrants for redemption, description Quoted Prices in Active Markets (Level 1) [Member] Significant Other Observable Inputs (Level 2) [Member] Significant Other Unobservable Inputs (Level 3) [Member] Investment held in Trust Account The description related to trust account. The amount of dissolution expenses. Disclosure of accounting policy for emerging growth company. The number of additional shares purchased. Description of warrants. Founder shares description. Founder shares percentage. Private placement warrants description. Related parties paid offering costs and other expenses. Cover expenses related to the proposed offering. Shares are subject to forfeiture. Restated to reflect the forfeiture of shares. Number of retroactively restated to reflect the forfeiture shares. Number of retroactively restated to reflect forfeiture shares. Amount of deferred underwriting commissions for the period. Aggregate number of shares holding by Sponsors. Values of shares sale of units in public offering for the period. Number of shares sales of units in public offering for the period. Amount of underwriters’ discount and offering costs for the period. Value of common stock subject to possible redemption for the period. Number of shares of common stock subject to possible redemption for the period. Amount of investment income earned on investment for the during period. Amount of cash deposited into trust account for the period. Amount of payment of underwriter compensation for the period. Amount of payment of offering costs for the period. Amount of deferred underwriters' commissions charges to additional paid-in capital in connection with the public offering for the period. Amount of change in value of common stock subject to possible redemption for the period. Amount of offering expenses paid by related party on behalf of the company for the perid. Percentage of minimum fair market value asset. Assets, Current Assets Liabilities, Current Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Operating Expenses Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Earnings Per Share, Basic and Diluted RetroactivelyRestatedToReflectForfeitureShares RetroactivelyRrestatedToReflectStockDividend Shares, Outstanding Increase (Decrease) in Prepaid Expense Increase (Decrease) in Accounts Payable and Accrued Liabilities Net Cash Provided by (Used in) Operating Activities ProceedsFromCashDepositedIntoTrustAccount Net Cash Provided by (Used in) Investing Activities PaymentOfUnderwriterCompensation PaymentOfOfferingCosts Net Cash Provided by (Used in) Financing Activities Cash and Cash Equivalents, Period Increase (Decrease) Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Significant Accounting Policies [Text Block] Basis of Accounting, Policy [Policy Text Block] EmergingGrowthCompanyPolicyPolicyTextBlock Earnings Per Share, Policy [Policy Text Block] Concentration Risk, Credit Risk, Policy [Policy Text Block] Financial Instruments Disclosure [Text Block] Use of Estimates, Policy [Policy Text Block] Deferred Charges, Policy [Policy Text Block] Income Tax, Policy [Policy Text Block] Subsequent Events, Policy [Policy Text Block] New Accounting Pronouncements, Policy [Policy Text Block] Proceeds from Issuance of Private Placement TrustAccountDescription DissolutionExpenses Tangible Asset Impairment Charges Cash, FDIC Insured Amount Temporary Equity, Shares Issued Sale of Stock, Price Per Share PurchaseOfAdditionalShares WarrantsDescription Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value EX-101.PRE 11 spaq-20180930_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information - shares
9 Months Ended
Sep. 30, 2018
Nov. 09, 2018
Entity Registrant Name Spartan Energy Acquisition Corp.  
Entity Central Index Key 0001720990  
Trading Symbol SPAQ  
Amendment Flag false  
Document Period End Date Sep. 30, 2018  
Current Fiscal Year End Date --12-31  
Document Type 10-Q  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q3  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Ex Transition Period false  
Class A Common Stock    
Entity Common Stock, Shares Outstanding   55,200,000
Class B Common Stock    
Entity Common Stock, Shares Outstanding   13,800,000
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 1,559,467 $ 25,000
Deferred offering costs 233,000
Prepaid expenses 290,107
Total current assets 1,849,574 258,000
Investment held in Trust Account 553,171,732
Total assets 555,021,306 258,000
Current liabilities:    
Accounts payable and accrued expenses 250,697 236,868
Accrued income and franchise taxes 214,650
Total current liabilities 465,347 236,868
Deferred underwriting commissions 19,320,000
Total liabilities 19,785,347 236,868
Class A common stock subject to possible redemption; 53,023,595 shares and none at September 30, 2018 and December 31, 2017, respectively (at approximately $10.00 per share) 530,235,950
Stockholders' equity:    
Preferred stock, $0.0001 par value per share; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 4,643,190 23,620
Retained earnings (accumulated deficit) 355,221 (3,868)
Total stockholders' equity 5,000,009 21,132
Total liabilities and stockholders' equity 555,021,306 258,000
Class A common stock    
Stockholders' equity:    
Common stock value 218
Total stockholders' equity 218
Class B common stock    
Stockholders' equity:    
Common stock value [1] 1,380 1,380
Total stockholders' equity [1] $ 1,380 $ 1,380
[1] Share and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Balance Sheets (Parenthetical) - $ / shares
Sep. 30, 2018
Dec. 31, 2017
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, authorized 1,000,000 1,000,000
Preferred stock, issued
Preferred stock, outstanding
Retroactively restated to reflect forfeiture shares of Class B common stock 2,875,000  
Retroactively restated to reflect stock dividend shares of Class B common stock 2,300,000  
Class A common stock    
Common stock subject to possible redemption shares 53,023,595
Common stock subject to possible redemption per share $ 10 $ 10
Common stock, par value $ 0.0001 $ 0.0001
Common stock, authorized 200,000,000 200,000,000
Common stock, issued 2,176,405
Common stock, outstanding 2,176,405
Class B common stock    
Common stock, par value $ 0.0001 $ 0.0001
Common stock, authorized 20,000,000 20,000,000
Common stock, issued 13,800,000 13,800,000
Common stock, outstanding 13,800,000 13,800,000
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2018
REVENUE
EXPENSES    
Administrative fee – related party 10,000 10,000
General and administrative costs 587,993 587,993
TOTAL EXPENSES 597,993 597,993
OTHER INCOME    
Investment income on Trust Account 1,171,732 1,171,732
INCOME BEFORE INCOME TAX PROVISION 573,739 573,739
Income tax provision 214,650 214,650
Net Income $ 359,089 $ 359,089
Class A common stock    
OTHER INCOME    
Weighted average shares outstanding 55,200,000 55,200,000
Basic and diluted net income (loss) per share $ 0.01 $ 0.01
Class B common stock    
OTHER INCOME    
Weighted average shares outstanding [1] 13,800,000 13,800,000
Basic and diluted net income (loss) per share $ 0.00 $ 0.00
[1] Share and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Operations (Unaudited) (Parenthetical)
9 Months Ended
Sep. 30, 2018
shares
Income Statement [Abstract]  
Retroactively restated to reflect forfeiture shares of Class B common stock 2,875,000
Retroactively restated to reflect stock dividend shares of Class B common stock 2,300,000
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statement of Changes in Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2018 - USD ($)
Class A Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Total
Beginning balance at Dec. 31, 2017 $ 1,380 [1] $ 23,620 $ (3,868) $ 21,132
Beginning balance, shares at Dec. 31, 2017 13,800,000 [1]      
Sale of Units in Public Offering $ 5,520 551,994,480   552,000,000
Sale of Units in Public Offering, shares 55,200,000      
Underwriters’ discount and offering costs (31,184,262)   (31,184,262)
Sale of Private Placement Warrants to Sponsor 14,040,000   14,040,000
Class A common stock subject to possible redemption $ (5,302) (530,230,648)   (530,235,950)
Class A common stock subject to possible redemption, shares (53,023,595)      
Net income     359,089 359,089
Ending balance at Sep. 30, 2018 $ 218 $ 1,380 [1] $ 4,643,190 $ 355,221 $ 5,000,009
Ending balance, shares at Sep. 30, 2018 2,176,405 13,800,000 [1]      
[1] Share and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018 (see Note 4).
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statement of Changes in Stockholders' Equity (Unaudited) (Parenthetical)
9 Months Ended
Sep. 30, 2018
shares
Statement of Stockholders' Equity [Abstract]  
Retroactively restated to reflect forfeiture shares of Class B common stock 2,875,000
Retroactively restated to reflect stock dividend shares of Class B common stock 2,300,000
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statement of Cash Flows (Unaudited)
9 Months Ended
Sep. 30, 2018
USD ($)
Cash Flows From Operating Activities:  
Net income $ 359,089
Adjustments to reconcile net income to net cash used in operating activities:  
Investment income earned on investment held in Trust Account (1,171,732)
Changes in operating assets and liabilities:  
Prepaid expenses (290,107)
Accounts payable and accrued expenses 246,829
Accrued income taxes 214,650
Net Cash Used In Operating Activities (641,271)
Cash Flows From Investing Activities:  
Cash deposited into Trust Account (552,000,000)
Net Cash Used In Investing Activities (552,000,000)
Cash Flows From Financing Activities:  
Proceeds from sale of Units in Public Offering 552,000,000
Proceeds from sale of Private Placement Warrants 14,040,000
Payment of underwriter compensation (11,040,000)
Payment of offering costs (824,262)
Net Cash Provided By Financing Activities 554,175,738
Net increase in cash 1,534,467
Cash at beginning of period 25,000
Cash at end of period 1,559,467
Supplemental disclosure of noncash activities:  
Deferred underwriters’ commissions charges to additional paid-in capital in connection with the Public Offering 19,320,000
Change in value of Class A common stock subject to possible redemption 530,235,950
Offering expenses paid by related party on behalf of the Company $ 293,354
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Description of Organization and Business Operations
9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

NOTE 1. Description of Organization and Business Operations

 

Organization and General

 

Spartan Energy Acquisition Corp. (the “Company”) was incorporated in Delaware on October 13, 2017. 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 “Initial Business Combination”). The Company is an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended (the ‘‘Securities Act’), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).

 

At September 30, 2018, the Company had not commenced any operations. All activity for the period from October 13, 2017 (inception) through September 30, 2018 relates to the Company’s formation and the initial public offering (the “Public Offering”) described below, the identification and evaluation of prospective acquisition targets for an Initial Business Combination and ongoing administrative and compliance matters. The Company will not generate any operating revenues until after completion of its Initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income earned on investments from the net proceeds derived from the Public Offering. The Company has selected December 31st as its fiscal year end.

 

Sponsor and Public Offering

 

The Company’s sponsor is Spartan Energy Acquisition Sponsor LLC, a Delaware limited liability company (the “Sponsor”). As described in Note 3, on August 14, 2018, the Company consummated the Public Offering of 55,200,000 of its units (the “Units”), including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option, generating gross proceeds of $552,000,000. As described in Note 4, on August 14, 2018, simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 warrants (the “Private Placement Warrants”) at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate (the “Private Placement”).

 

The Company intends to finance its Initial Business Combination with proceeds from the Public Offering, the Private Placement, the private placement of forward purchase units (described in Note 4), the Company’s capital stock, debt or a combination of the foregoing.

 

Trust Account

 

Upon the closing of the Public Offering and the Private Placement, $552,000,000 was placed in a trust account (the “Trust Account”). The proceeds held in the Trust Account will be invested only in U.S. government securities with a maturity of one hundred eighty (180) days or less or in money market funds that meet certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, which invest only in direct U.S. government treasury obligations, as determined by the Company. Funds will remain in the Trust Account until the earlier of (i) the consummation of the Initial Business Combination or (ii) the distribution of the Trust Account proceeds as described below. The remaining proceeds 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.

 

The Company’s amended and restated certificate of incorporation provides that, except for the withdrawal of interest to pay franchise and income taxes, none of the funds held in the Trust Account (including the interest earned on the funds held in the Trust Account) will be released from the Trust Account until the earlier of: (i) the completion of the Initial Business Combination; (ii) the redemption of any shares of Class A common stock included in the Units sold in the Public Offering (the “Public Shares”) that have been properly tendered in connection with a stockholder vote seeking to amend any provisions of the Company’s amended and restated certificate of incorporation relating to stockholders’ rights or pre-Initial Business Combination activity; or (iii) the redemption of 100% of the Public Shares if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering. The proceeds deposited in the Trust Account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the Company’s public stockholders.

  

Initial 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 an Initial Business Combination. The Initial Business Combination must occur with one or more target businesses that together have a fair market value of at least 80% of the assets held in the Trust Account (excluding the deferred underwriting discounts and commissions and taxes payable on the interest earned on the Trust Account) at the time of the agreement to enter into the Initial Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect an Initial Business Combination.

 

The Company, after signing a definitive agreement for an Initial Business Combination, will either (i) seek stockholder approval of the Initial Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their Public Shares, regardless of whether they vote for or against the Initial Business Combination, for cash equal to their pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes, or (ii) provide stockholders with the opportunity to sell their Public 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 on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. The decision as to whether the Company will seek stockholder approval of the Initial Business Combination or will allow stockholders to sell their Public 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 New York Stock Exchange rules. If the Company seeks stockholder approval, it will complete its Initial Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Initial Business Combination. However, in no event will the Company redeem its Public Shares 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 and the related Initial Business Combination, and instead may search for an alternate Initial Business Combination.

 

If the Company holds a stockholder vote or there is a tender offer for shares in connection with an Initial Business Combination, a stockholder will have the right to redeem his, her or its Public Shares for an amount in cash equal to his, her or its pro rata share of the aggregate amount on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest not previously released to the Company to pay its franchise and income taxes. As a result, such Public Shares are recorded at redemption amount and classified as temporary equity upon the completion of the Public Offering, in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, “Distinguishing Liabilities from Equity.”

 

Pursuant to the Company’s amended and restated certificate of incorporation, if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than ten business days thereafter subject to lawfully available funds therefor, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay the Company’s franchise and income taxes (less up to $100,000 of such net 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 liquidating 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. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any Founder Shares (as defined below) held by them if the Company fails to complete the Initial Business Combination within 24 months of the closing of the Public Offering. However, if the Sponsor or any of the Company’s directors, officers or affiliates acquires shares of Class A common stock in or after the Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete the Initial Business Combination within the prescribed time period.

   

In the event of a liquidation, dissolution or winding up of the Company after an Initial Business Combination, the Company’s stockholders are entitled to share ratably in all assets remaining available for distribution to them after payment of liabilities and after provision is made for each class of stock, if any, having preference over the common stock. The Company’s stockholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable to the common stock, except that the Company will provide its stockholders with the opportunity to redeem their Public Shares for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account, upon the completion of the Initial Business Combination, subject to the limitations described herein.

XML 21 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2. Summary of Significant Accounting Policies

 

Basis of Presentation

 

The accompanying unaudited financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying unaudited financial statements as of and for the three and nine months ended September 30, 2018 have been prepared in accordance with GAAP for interim financial information and Article 8 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.

 

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the prospectus filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on August 13, 2018 and the audited balance sheet filed as an exhibit to the Current Report on Form 8-K filed by the Company with the SEC on August 20, 2018.

 

Emerging Growth Company

 

Section 102(b)(1) of 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

   

Net Income Per Share of Common Stock

 

The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net income per share is computed by dividing net income applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The Company has not considered the effect of the warrants sold in the Public Offering and Private Placement Warrants to purchase an aggregate of 27,760,000 shares of Class A common stock in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted earnings per share is the same as basic earnings per share for the period.

 

The Company’s condensed statement of operations includes a presentation of income per share for common stock subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A common stock is calculated by dividing the investment income earned on the Trust Account, net of applicable taxes, by the weighted average number of shares of Class A common stock outstanding since the initial issuance. Net loss per share, basic and diluted for Class B common stock is calculated by dividing the net income, less income attributable to Class A common stock, by the weighted average number of shares of Class B common stock outstanding for the period.

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal depository insurance coverage of $250,000. As of September 30, 2018, 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 FASB ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

 

Fair Value Measurements

 

Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

 

Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

 

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value are unobservable.

 

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.

  

Use of Estimates

 

The preparation of the condensed financial statements in conformity with 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 expenses during the reporting period. Actual results could differ from those estimates.

 

Offering Costs

 

The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “Expenses of Offering.” Offering costs of $31,184,262, consisting principally of underwriting discounts and commissions of $30,360,000 (including approximately $19,320,000 of which payment is deferred) and $824,262 of professional, printing, filing, regulatory and other offering costs were charged to additional paid-in capital upon the closing of the Public Offering on August 12, 2018. 

 

Class A Common Stock Subject to Possible Redemption

 

The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A common stock (including Class A common stock that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, shares of Class A common stock are classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events.

 

As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A common stock under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security 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 FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.

 

The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A common stock shall be affected by charges against additional paid-in capital.

 

Accordingly, at September 30, 2018, 53,023,595 shares of Class A common stock subject to possible redemption are presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.

 

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income 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 included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. 

 

FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2018 or December 31, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at September 30, 2018 or December 31, 2017. 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 is subject to income tax examinations by major taxing authorities since inception.

 

Subsequent Events

 

Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.

 

Recent Accounting Pronouncements

  

In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.

 

The Company’s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

XML 22 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Public Offering
9 Months Ended
Sep. 30, 2018
Public Offering [Abstract]  
PUBLIC OFFERING

NOTE 3. PUBLIC Offering

 

The Company sold 55,200,000 Units in the Public Offering, including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option, at a price of $10.00 per Unit. Simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate.

 

Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value per share, and one-third of one warrant (each, a “Warrant” and, collectively, the “Warrants”). Each whole Warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. No fractional shares will be issued upon separation of the Units and only whole Warrants will trade. Each Warrant will become exercisable on the later of 30 days after the completion of an Initial Business Combination or 12 months from the closing of the Public Offering and will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation. Once the Warrants become exercisable, the Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days’ prior written notice of redemption, if and only if the last sale price of the Company’s Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sent the notice of redemption to the Warrant holders.

   

As noted above, the underwriters exercised the 45-day option to purchase up to 7,200,000 additional Units to cover any over-allotments at the Public Offering price less the underwriting discounts and commissions. The Units that were issued in connection with the over-allotment option were identical to the other Units issued in the Public Offering.

 

The Company paid an underwriting discount of 2.0% of the gross offering proceeds, or $11.04 million in the aggregate, to the underwriters at the closing of the Public Offering, with an additional fee (the “Deferred Discount”) of 3.5% of the gross offering proceeds, or $19.32 million of the aggregate, payable upon the Company’s completion of an Initial 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 an Initial Business Combination.

XML 23 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions
9 Months Ended
Sep. 30, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 4. Related Party Transactions

 

Founder Shares

 

In October 2017, the Sponsor purchased 14,375,000 shares of the Company’s Class B common stock (the “Founder Shares”) for $25,000, or approximately $0.002 per share. In July 2018, the Sponsor surrendered 2,875,000 shares of its Class B common stock for no consideration. In August 2018, the Company effected a stock dividend with respect to the Class B common stock of 2,300,000 shares thereof, resulting in the Sponsor holding an aggregate of 13,800,000 shares of Class B common stock. As used herein, unless the context otherwise requires, “Founder Shares” shall be deemed to include the shares of Class A common stock issuable upon conversion thereof. The Founder Shares are identical to the Class A common stock included in the Units sold in the Public Offering except that the Founder Shares are shares of Class B common stock which automatically convert into shares of Class A common stock at the time of the Initial Business Combination and are subject to certain transfer restrictions, as described in more detail below. In August 2018, prior to the Public Offering, the Sponsor transferred 150,000 Founder Shares to each of the Company’s two independent directors at their original purchase price.

 

The holders of the Founders Shares have agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of an Initial Business Combination or (B) subsequent to an Initial Business Combination, (x) if the last reported sale price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the consummation of an Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of common stock for cash, securities or other property.

 

Private Placement

 

Concurrently with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 Private Placement Warrants at a price of $1.50 per warrant ($14,040,000 in the aggregate) in the Private Placement. Each Private Placement Warrant is exercisable for one share of the Company’s Class A common stock at a price of $11.50 per share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering held in the Trust Account. If the Initial Business Combination is not completed within 24 months from the closing of the Public Offering, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable and exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees.

 

The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the Initial Business Combination.

  

Registration Rights

 

The holders of the Founder Shares, Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans, if any (and any Class A common shares issuable upon the conversion of any Founder Shares and the exercise of the Private Placement Warrants and equity securities that may be issued upon conversion of working capital loans) will be entitled to registration rights pursuant to a registration rights agreement signed on August 9, 2018. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an Initial Business Combination. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable lock-up period. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

 

Advances from Related Parties

 

Affiliates of the Sponsor paid certain administrative expenses and offering costs on behalf of the Company. These advances are due on demand and are non-interest bearing. For the period from October 13, 2017 (inception) through September 30, 2018, the related parties paid $294,354 of offering costs and other expenses on behalf of the Company. As of September 30, 2018, there was no amount due to the related parties.

 

Administrative Service Fee

 

The Company, commencing on August 10, 2018, has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial support and administrative services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. The Company paid the Sponsor $10,000 for such services for the three and nine months ended September 30, 2018.

 

Forward Purchase Agreement

 

On August 9, 2018, the Company entered into a forward purchase agreement (the “Forward Purchase Agreement”) pursuant to which an affiliate of the Sponsor agreed to purchase an aggregate of up to 30,000,000 shares of the Company’s Class A common stock (the “Forward Purchase Shares”), plus an aggregate of up to 10,000,000 warrants (the “Forward Purchase Warrants” and, together with the Forward Purchase Shares, the “Forward Purchase Units”), for an aggregate purchase price of up to $300,000,000 or $10.00 per unit. Each Forward Purchase Warrant will have the same terms as each of the Private Placement Warrants.

 

The obligations under the Forward Purchase Agreement do not depend on whether any public stockholders elect to redeem their shares in connection with the Initial Business Combination and provide the Company with a minimum funding level for the Initial Business Combination. Additionally, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to termination prior to the closing of the sale of the Forward Purchase Units by mutual written consent of the Company and such affiliate, or automatically: (i) if the Initial Business Combination is not consummated within 24 months from the closing of the Public Offering, unless extended up to a maximum of sixty (60) days in accordance with the amended and restated certificate of incorporation; or (ii) if the affiliate of the Sponsor or the Company become subject to any voluntary or involuntary petition under the United States federal bankruptcy laws or any state insolvency law, in each case which is not withdrawn within sixty (60) days after being filed, or a receiver, fiscal agent or similar officer is appointed by a court for business or property of the affiliate of the Sponsor or the Company in each case which is not removed, withdrawn or terminated within sixty (60) days after such appointment. In addition, the obligations of the affiliate of the Sponsor to purchase the Forward Purchase Units are subject to fulfillment of customary closing conditions, including that the Initial Business Combination must be consummated substantially concurrently with the purchase of the Forward Purchase Units.

XML 24 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deferred Underwriting Commissions
9 Months Ended
Sep. 30, 2018
Deferred Underwriting Commissions [Abstract]  
DEFERRED UNDERWRITING COMMISSIONS

Note 5. Deferred Underwriting COMMISSIONS

 

The Company is committed to pay the Deferred Discount of 3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters of the Public Offering upon the Company’s completion of an Initial Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount, and no Deferred Discount is payable to the underwriters if an Initial Business Combination is not completed within 24 months after the Public Offering.

XML 25 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
STOCKHOLDERS' EQUITY

NOTE 6. Stockholders’ Equity

 

Common Stock

 

The authorized common stock of the Company includes 200,000,000 shares of Class A common stock and 20,000,000 shares of Class B common stock. If the Company enters into an Initial Business Combination, it may (depending on the terms of such an Initial Business Combination) be required to increase the number of shares of Class A common stock which the Company is authorized to issue at the same time as the Company’s stockholders vote on the Initial Business Combination to the extent the Company seeks stockholder approval in connection with the Initial Business Combination. Holders of the Company’s common stock are entitled to one vote for each share of common stock. At September 30, 2018, there were 55,200,000 shares of Class A common stock, of which 53,023,595 shares were classified outside of permanent equity, and 13,800,000 shares of Class B common stock issued and outstanding. All shares and the associated amounts have been retroactively restated to reflect: (i) the forfeiture of 2,875,000 shares of Class B common stock in July 2018; and (ii) the stock dividend of 2,300,000 shares of Class B common stock in August 2018.

 

Preferred Stock

 

The Company is authorized to issue 1,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. At September 30, 2018, there were no shares of preferred stock issued or outstanding. 

 

Warrants

 

The Warrants will become exercisable on the later of  (a) 30 days after the completion of an Initial Business Combination or (b) 12 months from the closing of the Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class A common stock issuable upon exercise of the Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of its Initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class A common stock issuable upon exercise of the Warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Warrants in accordance with the provisions of the warrant agreement. If the Class A common stock is at the time of any exercise of a Warrant not listed on a national securities exchange such that it satisfies the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Warrants who exercise their Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. The Warrants will expire five years after the completion of an Initial Business Combination or earlier upon redemption or liquidation.

  

The Private Placement Warrants are identical to the Warrants, except that the Private Placement Warrants and the Class A common stock issuable upon exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of an Initial Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable so long as they are held by the Sponsor or any of its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Warrants.

   

The Company may call the Warrants for redemption (except with respect to the Private Placement Warrants):

 

  in whole and not in part;

 

  at a price of $0.01 per warrant;

 

  upon a minimum of 30 days prior written notice of redemption; and

 

  if, and only if, the last reported sales price of the Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sends the notice of redemption to the Warrant holders.

 

If the Company calls the Warrants for redemption, management will have the option to require all holders that wish to exercise the Warrants to do so on a cashless basis. In no event will the Company be required to net cash settle the Warrant exercise. If the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering and the Company liquidates the funds held in the Trust Account, holders of Warrants will not receive any of such funds with respect to their Warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with respect to such Warrants. Accordingly, the Warrants may expire worthless.

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

Note 7. Fair Value Measurements

 

The following table presents information about the Company’s assets that are measured on a recurring basis as of September 30, 2018 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

 

Description  September 30,
2018
   Quoted
Prices
in Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Other
Unobservable
Inputs
(Level 3)
 
Investment held in Trust Account  $553,171,732   $553,171,732   $   $ 

 

At September 30, 2018, the investments held in the Trust Account were held in marketable securities.

XML 27 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Note 8. SUBSEQUENT EVENTS

 

Commencing October 1, 2018, holders of the Units were permitted to elect to separately trade the shares of Class A common stock and Warrants included in the Units.

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Policies)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

 

The accompanying unaudited financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The accompanying unaudited financial statements as of and for the three and nine months ended September 30, 2018 have been prepared in accordance with GAAP for interim financial information and Article 8 of Regulation S-X. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018.

 

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the prospectus filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on August 13, 2018 and the audited balance sheet filed as an exhibit to the Current Report on Form 8-K filed by the Company with the SEC on August 20, 2018.

Emerging Growth Company

Emerging Growth Company

 

Section 102(b)(1) of 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Net Income Per Share of Common Stock

Net Income Per Share of Common Stock

 

The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Net income per share is computed by dividing net income applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The Company has not considered the effect of the warrants sold in the Public Offering and Private Placement Warrants to purchase an aggregate of 27,760,000 shares of Class A common stock in the calculation of diluted earnings per share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted earnings per share is the same as basic earnings per share for the period.

 

The Company’s condensed statement of operations includes a presentation of income per share for common stock subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A common stock is calculated by dividing the investment income earned on the Trust Account, net of applicable taxes, by the weighted average number of shares of Class A common stock outstanding since the initial issuance. Net loss per share, basic and diluted for Class B common stock is calculated by dividing the net income, less income attributable to Class A common stock, by the weighted average number of shares of Class B common stock outstanding for the period.

Concentration of Credit Risk

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times, may exceed the Federal depository insurance coverage of $250,000. As of September 30, 2018, 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 FASB ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the balance sheet.

Fair Value Measurements

Fair Value Measurements

 

Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

 

Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets;

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

 

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value are unobservable.

 

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.

Use of Estimates

Use of Estimates

 

The preparation of the condensed financial statements in conformity with 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 expenses during the reporting period. Actual results could differ from those estimates.

Offering Costs

Offering Costs

 

The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “Expenses of Offering.” Offering costs of $31,184,262, consisting principally of underwriting discounts and commissions of $30,360,000 (including approximately $19,320,000 of which payment is deferred) and $824,262 of professional, printing, filing, regulatory and other offering costs were charged to additional paid-in capital upon the closing of the Public Offering on August 12, 2018. 

Class A Common Stock Subject to Possible Redemption

Class A Common Stock Subject to Possible Redemption

 

The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Shares of conditionally redeemable Class A common stock (including Class A common stock that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, shares of Class A common stock are classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events.

 

As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A common stock under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security 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 FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.

 

The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A common stock shall be affected by charges against additional paid-in capital.

 

Accordingly, at September 30, 2018, 53,023,595 shares of Class A common stock subject to possible redemption are presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.

Income Taxes

Income Taxes

 

The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income 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 included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. 

  

FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of September 30, 2018 or December 31, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at September 30, 2018 or December 31, 2017. 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 is subject to income tax examinations by major taxing authorities since inception.

Subsequent Events

Subsequent Events

 

Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

  

In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements on the analysis of stockholders' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of stockholders' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of changes in stockholders' equity, in accordance with the new guidance, will be included in its Form 10-Q for the quarter ended March 31, 2019.

 

The Company’s management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

XML 29 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Summary of fair value hierarchy of the valuation techniques
Description   September 30,
2018
    Quoted
Prices
in Active
Markets
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Other
Unobservable
Inputs
(Level 3)
 
Investment held in Trust Account   $ 553,171,732     $ 553,171,732     $     $  
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Description of Organization and Business Operations (Details)
9 Months Ended
Sep. 30, 2018
USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Proceeds from issuance initial public offering $ 552,000,000
Proceeds from issuance of private placement $ 7,200,000
Trust account, description The Company consummated the Public Offering of 55,200,000 of its units (the “Units”), including 7,200,000 Units that were issued pursuant to the underwriters’ full exercise of their over-allotment option, generating gross proceeds of $552,000,000. As described in Note 4, on August 14, 2018, simultaneously with the closing of the Public Offering, the Sponsor purchased an aggregate of 9,360,000 warrants (the “Private Placement Warrants”) at a purchase price of $1.50 per warrant, or approximately $14,040,000 in the aggregate (the “Private Placement”).
Net interest to dissolution expenses $ 100,000
Net tangible assets $ 5,000,001
Percentage of redemption of public shares 100.00%
Percentage of minimum fair market value asset 80.00%
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Details)
9 Months Ended
Sep. 30, 2018
USD ($)
shares
Accounting Policies [Abstract]  
Class A common stock | shares 27,760,000
Federal depository insurance coverage $ 250,000
Offering costs 31,184,262
Underwriting discounts and commissions 30,360,000
Payment is deferred on underwriting discounts and commissions 19,320,000
Professional, printing, filing, regulatory and other offering costs 824,262
Proceeds from issuance initial public offering $ 552,000,000
Class A common stock subject to possible redemption | shares 53,023,595
Net tangible assets $ 5,000,001
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Public Offering (Details) - USD ($)
9 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Public Offering (Textual)    
Sale of stock 55,200,000  
Issued to underwriters 7,200,000  
Sale of share per unit $ 10.00  
Purchase of additional shares 7,200,000  
Warrants description The Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days’ prior written notice of redemption, if and only if the last sale price of the Company’s Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sent the notice of redemption to the Warrant holders.  
Warrants price $ 1.50  
Underwriting description The Company paid an underwriting discount of 2.0% of the gross offering proceeds, or $11.04 million in the aggregate, to the underwriters at the closing of the Public Offering, with an additional fee (the “Deferred Discount”) of 3.5% of the gross offering proceeds, or $19.32 million of the aggregate, payable upon the Company’s completion of an Initial Business Combination.  
Private Placement Warrants [Member]    
Public Offering (Textual)    
Aggregate sponsor purchased , shares 9,360,000  
Aggregate sponsor purchased $ 14,040,000  
Warrants price $ 1.50  
Common Class A [Member]    
Public Offering (Textual)    
Sale of share per unit 11.50  
Common stock par value $ 0.0001 $ 0.0001
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Aug. 10, 2018
Aug. 09, 2018
Aug. 31, 2018
Jul. 31, 2018
Oct. 31, 2017
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2018
Related Party Transactions (Textual)                
Stock dividend shares of Class B common stock     2,300,000     2,300,000 2,300,000 2,300,000
Aggregate sponsor holding, shares     13,800,000          
Shares issued price per share           $ 0.002 $ 0.002 $ 0.002
Aggregate of shares issued             55,200,000  
Sponsor shares, description     Prior to the Public Offering, the Sponsor transferred 150,000 Founder Shares to each of the Company’s two independent directors at their original purchase price.          
Common stock, description             (A) one year after the completion of an Initial Business Combination or (B) subsequent to an Initial Business Combination, (x) if the last reported sale price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the consummation of an Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of common stock for cash, securities or other property.  
Warrant exercised price           $ 1.50 $ 1.50 $ 1.50
Related parties paid offering costs and other expenses               $ 294,354
Administrative support fees $ 10,000         $ 10,000 $ 10,000  
Forward purchase agreement, description   The Company entered into a forward purchase agreement (the “Forward Purchase Agreement”) pursuant to which an affiliate of the Sponsor agreed to purchase an aggregate of up to 30,000,000 shares of the Company’s Class A common stock (the “Forward Purchase Shares”), plus an aggregate of up to 10,000,000 warrants (the “Forward Purchase Warrants” and, together with the Forward Purchase Shares, the “Forward Purchase Units”), for an aggregate purchase price of up to $300,000,000 or $10.00 per unit. Each Forward Purchase Warrant will have the same terms as each of the Private Placement Warrants.            
Private Placement [Member]                
Related Party Transactions (Textual)                
Sponsor purchased, shares             9,360,000  
Sponsor purchased             $ 14,040,000  
Shares issued price per share           $ 11.50 $ 11.50 $ 11.50
Warrant exercised price           $ 1.50 $ 1.50 $ 1.50
Class B common stock                
Related Party Transactions (Textual)                
Sponsor purchased, shares       2,875,000 14,375,000      
Sponsor purchased         $ 25,000      
Shares issued price per share         $ 0.002      
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deferred Underwriting Commissions (Details)
9 Months Ended
Sep. 30, 2018
Deferred Underwriting Commissions [Abstract]  
Deferred underwriting commissions, description The Company is committed to pay the Deferred Discount of 3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters of the Public Offering upon the Company’s completion of an Initial Business Combination.
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details) - USD ($)
1 Months Ended 9 Months Ended
Jul. 31, 2018
Sep. 30, 2018
Aug. 31, 2018
Dec. 31, 2017
Preferred stock, authorized   1,000,000   1,000,000
Preferred stock, issued    
Preferred stock, outstanding    
Restated to reflect forfeiture of shares 2,875,000      
Retroactively restated to reflect stock dividend shares of Class B common stock   2,300,000 2,300,000  
Proceeds from issuance initial public offering   $ 552,000,000    
Class A common stock subject to possible redemption   53,023,595    
Warrants for redemption, description   The Company may call the Warrants for redemption (except with respect to the Private Placement Warrants): . in whole and not in part; . at a price of $0.01 per warrant; . upon a minimum of 30 days prior written notice of redemption; and . if, and only if, the last reported sales price of the Class A common stock has been at least $18.00 per share on each of 20 trading days within the 30 trading-day period ending on the third business day prior to the date on which the Company sends the notice of redemption to the Warrant holders.    
Class A Common Stock        
Common stock, authorized   200,000,000   200,000,000
Common stock, issued   2,176,405  
Common stock, outstanding   2,176,405  
Class A common stock subject to possible redemption    
Class B common stock        
Common stock, authorized   20,000,000   20,000,000
Common stock, issued   13,800,000   13,800,000
Common stock, outstanding   13,800,000   13,800,000
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements (Details)
Sep. 30, 2018
USD ($)
Investment held in Trust Account $ 553,171,732
Quoted Prices in Active Markets (Level 1) [Member]  
Investment held in Trust Account 553,171,732
Significant Other Observable Inputs (Level 2) [Member]  
Investment held in Trust Account
Significant Other Unobservable Inputs (Level 3) [Member]  
Investment held in Trust Account
EXCEL 37 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 39 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 41 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 34 133 1 true 8 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://spartanenergy.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Condensed Balance Sheets Sheet http://spartanenergy.com/role/BalanceSheets Condensed Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Condensed Balance Sheets (Parenthetical) Sheet http://spartanenergy.com/role/BalanceSheetsParenthetical Condensed Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Condensed Statements of Operations (Unaudited) Sheet http://spartanenergy.com/role/StatementsOfOperations Condensed Statements of Operations (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Condensed Statements of Operations (Unaudited) (Parenthetical) Sheet http://spartanenergy.com/role/StatementsOfOperationsParenthetical Condensed Statements of Operations (Unaudited) (Parenthetical) Statements 5 false false R6.htm 00000006 - Statement - Condensed Statement of Changes in Stockholders' Equity (Unaudited) Sheet http://spartanenergy.com/role/StatementOfChangesInStockholdersEquity Condensed Statement of Changes in Stockholders' Equity (Unaudited) Statements 6 false false R7.htm 00000007 - Statement - Condensed Statement of Changes in Stockholders' Equity (Unaudited) (Parenthetical) Sheet http://spartanenergy.com/role/StatementsOfChangesInStockholdersEquityParenthetical Condensed Statement of Changes in Stockholders' Equity (Unaudited) (Parenthetical) Statements 7 false false R8.htm 00000008 - Statement - Condensed Statement of Cash Flows (Unaudited) Sheet http://spartanenergy.com/role/StatementOfCashFlows Condensed Statement of Cash Flows (Unaudited) Statements 8 false false R9.htm 00000009 - Disclosure - Description of Organization and Business Operations Sheet http://spartanenergy.com/role/DescriptionOfOrganizationAndBusinessOperations Description of Organization and Business Operations Notes 9 false false R10.htm 00000010 - Disclosure - Summary of Significant Accounting Policies Sheet http://spartanenergy.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 10 false false R11.htm 00000011 - Disclosure - Public Offering Sheet http://spartanenergy.com/role/PublicOffering Public Offering Notes 11 false false R12.htm 00000012 - Disclosure - Related Party Transactions Sheet http://spartanenergy.com/role/RelatedPartyTransactions Related Party Transactions Notes 12 false false R13.htm 00000013 - Disclosure - Deferred Underwriting Commissions Sheet http://spartanenergy.com/role/DeferredUnderwritingCommissions Deferred Underwriting Commissions Notes 13 false false R14.htm 00000014 - Disclosure - Stockholders' Equity Sheet http://spartanenergy.com/role/StockholdersEquity Stockholders' Equity Notes 14 false false R15.htm 00000015 - Disclosure - Fair Value Measurements Sheet http://spartanenergy.com/role/FairValueMeasurements Fair Value Measurements Notes 15 false false R16.htm 00000016 - Disclosure - Subsequent Events Sheet http://spartanenergy.com/role/SubsequentEvents Subsequent Events Notes 16 false false R17.htm 00000017 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://spartanenergy.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://spartanenergy.com/role/SummaryOfSignificantAccountingPolicies 17 false false R18.htm 00000018 - Disclosure - Fair Value Measurements (Tables) Sheet http://spartanenergy.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://spartanenergy.com/role/FairValueMeasurements 18 false false R19.htm 00000019 - Disclosure - Description of Organization and Business Operations (Details) Sheet http://spartanenergy.com/role/DescriptionOfOrganizationAndBusinessOperationsDetails Description of Organization and Business Operations (Details) Details http://spartanenergy.com/role/DescriptionOfOrganizationAndBusinessOperations 19 false false R20.htm 00000020 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://spartanenergy.com/role/SummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://spartanenergy.com/role/SummaryOfSignificantAccountingPoliciesPolicies 20 false false R21.htm 00000021 - Disclosure - Public Offering (Details) Sheet http://spartanenergy.com/role/PublicOfferingDetails Public Offering (Details) Details http://spartanenergy.com/role/PublicOffering 21 false false R22.htm 00000022 - Disclosure - Related Party Transactions (Details) Sheet http://spartanenergy.com/role/RelatedPartyTransactionsDetails Related Party Transactions (Details) Details http://spartanenergy.com/role/RelatedPartyTransactions 22 false false R23.htm 00000023 - Disclosure - Deferred Underwriting Commissions (Details) Sheet http://spartanenergy.com/role/DeferredUnderwritingCommissionsDetails Deferred Underwriting Commissions (Details) Details http://spartanenergy.com/role/DeferredUnderwritingCommissions 23 false false R24.htm 00000024 - Disclosure - Stockholders' Equity (Details) Sheet http://spartanenergy.com/role/StockholdersEquityDetails Stockholders' Equity (Details) Details http://spartanenergy.com/role/StockholdersEquity 24 false false R25.htm 00000025 - Disclosure - Fair Value Measurements (Details) Sheet http://spartanenergy.com/role/FairValueMeasurementsDetails Fair Value Measurements (Details) Details http://spartanenergy.com/role/FairValueMeasurementsTables 25 false false All Reports Book All Reports spaq-20180930.xml spaq-20180930.xsd spaq-20180930_cal.xml spaq-20180930_def.xml spaq-20180930_lab.xml spaq-20180930_pre.xml http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/us-gaap/2018-01-31 true true ZIP 43 0001213900-18-015319-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001213900-18-015319-xbrl.zip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end