XML 22 R21.htm IDEA: XBRL DOCUMENT v3.19.3
Reconciliation of Loss per Ordinary Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of portion of income that is attributable to ordinary shares subject to redemption

    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.