XML 32 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Deferred Underwriting Commissions
9 Months Ended
Sep. 30, 2019
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.