EX-99.1 2 tv505622_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

DD3 ACQUISITION CORP.

BALANCE SHEET

 

   October 16,   Pro Forma     
   2018   Adjustments   As Adjusted 
       (unaudited)   (unaudited) 
ASSETS               
Current assets               
Cash  $638,806   $   $638,806 
Prepaid expenses and other current assets   24,500        24,500 
Total Current Assets   663,306        663,306 
                
Cash held in Trust Account   50,187,500    5,462,500    55,650,000 
Total Assets  $50,850,806   $5,462,500   $56,313,306 
                
LIABILITIES AND SHAREHOLDERS' EQUITY               
Current Liabilities               
Advance from related party  $232,500    (187,500)  $45,000 
Promissory note – related party   145,435        145,435 
Total Current Liabilities   377,935    (187,500)   190,435 
                
Commitments               
                
Ordinary shares subject to possible redemption, 4,547,287 and 5,112,287 shares at redemption value   45,472,870    5,650,000    51,122,870 
                
Shareholders' Equity               
Preferred shares, no par value; unlimited shares authorized, none issued and outstanding            
Ordinary shares, no par value; unlimited shares authorized; 2,140,213 and 2,157,163 shares issued and outstanding (excluding 4,547,287 and 5,112,287 shares subject to possible redemption)   5,003,560        5,003,560 
Accumulated deficit   (3,559)       (3,559)
Total Shareholders' Equity   5,000,001        5,000,001 
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY  $50,850,806   $5,462,500   $56,313,306