RELATED PARTY TRANSACTIONS (Details Narrtive) - USD ($) |
1 Months Ended | 6 Months Ended | ||
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Dec. 18, 2018 |
Sep. 14, 2018 |
Mar. 31, 2018 |
Dec. 31, 2018 |
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Stock split | 1.4-for-1 | |||
Shares outstanding | 2,012,500 | |||
Description of related party transaction | The Initial Stockholders have agreed that, subject to certain limited exceptions, 50% of the Founder Shares will not be transferred, assigned, sold or released from escrow until the earlier of (i) 6 months after the date of the consummation of a Business Combination or (ii) the date on which the closing price of the Company’s shares of common stock equals or exceeds $12.50 per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after a Business Combination and the remaining 50% of the Founder Shares will not be transferred, assigned, sold or released from escrow until 6 months after the date of the consummation of a Business Combination, or earlier, in either case, if, subsequent to a Business Combination, the Company consummates a subsequent liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property. | |||
Warrant [Member] | ||||
Exercise price of warrants (in dollars per share) | $ 0.01 | |||
Private Placement [Member] | Warrant [Member] | ||||
Face amount | $ 500,000 | |||
Exercise price of warrants (in dollars per share) | $ 0.40 | |||
Chardan Investments, LLC (the "Sponsor") [Member] | ||||
Number of shares issued | 1,437,500 | |||
Aggregate purchase price | $ 25,000 | |||
Chardan Investments, LLC (the "Sponsor") [Member] | Unsecured Promissory Notes [Member] | ||||
Face amount | $ 105,500 | $ 65,500 | ||
Interest rate terms | The Promissory Notes were non-interest bearing | |||
Chardan Investments, LLC (the "Sponsor") [Member] | Promissory Note [Member] | ||||
Face amount | $ 500,000 | |||
Interest rate terms | The Sponsor Promissory Note is non-interest bearing | |||
Repurchased face amount | $ 500,000 | |||
Chardan Investments, LLC (the "Sponsor") [Member] | Over-Allotment Option [Member] | ||||
Number of shares forfeiture | 262,500 | |||
Percentage of issued and outstanding shares own | 20.00% |
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- Definition Represent information about the percentage of issued and outstanding shares own. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of the original debt instrument that was repurchased. No definition available.
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- Definition A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares issued during the period as a result of a stock split. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares that have been repurchased and retired during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the stock split arrangement. Also provide the retroactive effect given by a stock split that occurs after the balance date but before the release of financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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