Reconciliation of Earnings per Common Share

11 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Reconciliation of Earnings per Common Share

Note 9 — Reconciliation of Earnings per Common Share 

The Company's net income (loss) is adjusted for the portion of income that is attributable to common stock subject to redemption, as these shares only participate in the income of the Trust Account and not the losses of the Company. Accordingly, basic and diluted earnings per common share is:

	For The Period From February 16, 2018 (Inception) Through December 31, 2018
Net income		341,708
Less: income attributable to ordinary shares subject to redemption (1)		320,644
Adjusted income		21,064
Basic and diluted weighted average shares outstanding (2)		1,117,863
Basic and diluted earnings per ordinary share		0.02

(1) Income attributable to common stock subject to redemption was calculated in portion of the interest income earned in trust account, which would be distributed to common stockholders at the event they choose to exercise their redemption right at the closing of Initial Business Combination.

(2) Excludes an aggregate of up to 10,603,302 common shares subject to redemption at December 31, 2018. An aggregate of 3,002 shares of common stock were cancelled after partial exercise of the over-allotment option by the underwriters.