XML 16 R6.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flow from operating activities    
Net income (loss) $ 137,283 $ (53,830)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Interest income earned in cash and investments held in trust account (335,914) 0
Change in operating assets and liabilities:    
Decrease in prepayments 40,023 0
(Decrease) increase in accrued liabilities (111,130) 2,051
Cash used in operating activities (269,738) (51,779)
Cash flows from investing activities    
Net cash used in investing activities 0 0
Cash flows from financing activities    
Proceeds from a related party 62,564 71,148
Proceeds from sale of ordinary shares to related party 0 25,000
Net cash provided by financing activities 62,564 96,148
NET CHANGE IN CASH (207,174) 44,369
Cash, beginning of period 743,783 0
Cash, end of period 536,609 44,369
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Unrealized gain on Trust Account 219,085 0
Changes in ordinary shares subject to conversion 356,368 0
Deferred offering costs were paid by a related party 62,564 76,364
Repurchase of ordinary shares from a founder shareholder $ 0 $ 1