Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of reconciliation of net loss per common share

The Company’s net income is adjusted for the portion of income that is attributable to common stock subject to possible redemption, as these shares only participate in the earnings of the Trust Account and not the income or losses of the Company. Accordingly, basic and diluted loss per common share is calculated as follows:

 

    Three Months Ended
December 31,
    Six Months Ended
December 31,
 
    2018     2018  
Net income   $ 10,458     $ 9,808  
Less: Income attributable to common stock subject to redemption     (19,353 )     (19,353 )
Adjusted net loss   $ (8,895 )   $ (9,545 )
                 
Weighted average shares outstanding, basic and diluted     1,815,004       1,782,502  
                 
Basic and diluted net loss per share   $ (0.00 )   $ (0.01 )