Reconciliation of Loss per Ordinary Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Reconciliation of Loss per Ordinary Share

Note 10 — Reconciliation of Loss per Ordinary Share  

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

	Three Months Ended September 30,						Nine Months Ended September 30,			From February 16, 2018 (Inception) to September 30,
	2019			2018			2019			2018
Net income (loss)	$	536,584		$	(21,814	)	$	1,628,811		$	(24,632	)
Less: income attributable to ordinary shares subject to possible redemption (1)		(568,780	)		—			(1,842,902	)		—
Adjusted net loss	$	(32,196	)	$	(21,814	)	$	(214,091	)	$	(24,632	)
Basic and diluted weighted average shares outstanding (2)		4,104,181			880,220			4,095,763			357,590
Basic and diluted net loss per ordinary share	$	(0.01	)	$	(0.03	)	$	(0.05	)	$	(0.07	)

(1)	Income attributable to ordinary shares subject to possible redemption was calculated in portion of the interest income earned in Trust Account, which would be distributed to shareholders in the event they choose to exercise their redemption rights at the closing of a Business Combination.
(2)	Excludes an aggregate of up to 10,586,284 shares subject to possible redemption at September 30, 2019 and 375,000 shares at September 30, 2018 that were subject to forfeiture to the extent that over-allotment option was not exercised in full or in part by the underwriters.