XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 182,041 $ 528,742
Prepaid expenses and other current assets 118,467 23,017
Total Current Assets 300,508 551,759
Marketable securities held in Trust Account 81,050,099 80,536,183
TOTAL ASSETS 81,350,607 81,087,942
Current liabilities    
Accounts payable and accrued expenses 71,138 42,281
Promissory note – related party 32,291
Total Current Liabilities 71,138 74,572
Class A ordinary shares subject to possible redemption, 7,576,175 and 7,597,922 shares at redemption value at June 30, 2020 and December 31, 2019, respectively $ 76,279,468 $ 76,013,369
Shareholders’ Equity    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital $ 4,801,049 $ 5,067,150
Retained earnings (accumulated deficit) 198,697 (67,402)
Total Shareholders’ Equity 5,000,001 5,000,001
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 81,350,607 $ 81,087,942
Class A Ordinary Shares    
Shareholders’ Equity    
Ordinary Shares value $ 47 $ 45
Class B Ordinary Shares    
Shareholders’ Equity    
Ordinary Shares value $ 208 $ 208