XML 40 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Subsequent Events (Details) - Subsequent Event [Member]
1 Months Ended
Jul. 29, 2020
USD ($)
$ / shares
Subsequent Events (Details) [Line Items]  
Business combination agreement, description (i) the Company’s stockholders will receive one Holdco common share in exchange for each share of the Company’s common stock held by them and (ii) the Clever Leaves shareholders will receive the Arrangement Consideration with a value equal to (a) $229,500,000, minus (b) Clever Leaves’ net debt, minus (c) the amount, if any, by which Clever Leaves’ transaction expenses exceed Clever Leaves’ transaction expenses cap, plus (d) the amount, if any, by which the Company’s transaction expenses exceed the Company’s transaction expenses cap, minus (e) the aggregate value of the issued and outstanding options and warrants of Clever Leaves that are being converted into options and warrants of Holdco in the Clever Leaves Business Combination. The Arrangement Consideration minus the Cash Arrangement Consideration will be paid to Clever Leaves shareholders in Holdco common shares, based on a price per share of $10.00, and the Cash Arrangement Consideration will be paid to certain Clever Leaves shareholders in cash.
Sponsor [Member]  
Subsequent Events (Details) [Line Items]  
Aggregate amount in loans in order to finance transaction costs | $ $ 500,000
Warrants price | $ / shares $ 1.00