Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENT OF CASH FLOWS (Unaudited)
 6 Months Ended
Dec. 31, 2018
USD ($)
Cash Flows from Operating Activities:  
Net income $ 9,808
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (55,546)
Unrealized loss on marketable securities held in Trust Account 21,087
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (70,300)
Accounts payable and accrued expenses 10,800
Income taxes payable 8,212
Net cash used in operating activities (75,939)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (70,000,000)
Net cash used in investing activities (70,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 69,500,000
Proceeds from sale of Private Placement Warrants 1,160,000
Proceeds from promissory notes - related party 565,500
Repayment of promissory notes - related party (105,500)
Payment of offering costs (197,651)
Net cash provided by financing activities 70,922,349
Net Change in Cash 846,410
Cash - Beginning 430
Cash - Ending 846,840
Non-cash investing and financing activities:  
Initial classification of common stock subject to redemption 65,399,750
Change in value of common stock subject to redemption 10,461
Offering costs included in accrued offering costs $ 21,370