Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 5 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (1,000) $ 290,416
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (472,140)
Unrealized loss on marketable securities held in Trust Account (2,988)
Deferred income taxes   627
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (54,894)
Accounts payable and accrued expenses 1,000 60,075
Income taxes payable 76,841
Net cash and cash equivalents used in operating activities (102,063)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (70,000,000)
Net cash and cash equivalents used in investing activities (70,000,000)
Cash Flows from Financing Activities:    
Proceeds from issuance of Founder Shares to Sponsor 25,000
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 20,000 565,500
Repayment of promissory notes - related party (105,500)
Payment of offering costs (40,000) (197,929)
Net cash and cash equivalents provided by financing activities 5,000 70,922,071
Net Change in Cash and Cash Equivalents 5,000 820,008
Cash and Cash Equivalents - Beginning 430
Cash and Cash Equivalents - Ending 5,000 820,438
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 291,071
Offering costs included in accrued offering costs $ 21,092