XML 16 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 479,086 $ 1,115
Deferred offering costs   $ 115,770
Prepaid expenses $ 154,484  
Total current assets: 633,570 $ 116,885
Cash, cash equivalents and securities held in trust 117,316,864  
Prepaid expenses - long term 66,373  
Total assets: 118,016,807 $ 116,885
Current Liabilities    
Accounts Payable $ 58,509  
Offering Costs Payable   $ 43,208
Note payable to stockholder   50,000
Total current liabilities: $ 58,509 $ 93,208
Deferred Underwriters Fee 4,325,000  
Total liabilities $ 4,383,509 $ 93,208
Commitments    
Common Stock, subject to possible conversion (10,585,784 shares at conversion value) $ 107,974,997  
Stockholders' equity    
Preferred stock, $.0001 par value, 1,000,000 authorized, 0 outstanding    
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,498,966 issued and outstanding at June 30, 2015 (excluding 10,585,784 shares subject to possible conversion) and 3,026,250 issued and outstanding at December 31, 2014. $ 450 $ 303
Additional paid-in capital 5,759,750 24,697
Accumulated deficit (101,899) (1,323)
Total stockholders' equity 5,658,301 23,677
Total liabilities and stockholders' equity $ 118,016,807 $ 116,885