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Condensed Balance Sheets - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 157,422 $ 324,991
Prepaid expenses 48,555 46,687
Total current assets: 205,977 371,678
Cash, cash equivalents and securities held in Trust 117,420,942 117,374,895
Prepaid expenses - long term 65,756 66,373
Total assets: 117,692,675 117,812,946
Current Liabilities    
Accounts Payable 53,193 17,259
Total current liabilities: 53,193 17,259
Deferred Underwriters Fee 4,325,000 4,325,000
Total liabilities $ 4,378,193 $ 4,342,259
Commitments
Common Stock, subject to possible conversion (10,585,784 shares at conversion value) $ 108,086,324 $ 108,043,938
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 March 31, 2016 (excluding 10,585,784 shares subject to possible conversion) and 4,498,966 issued and outstanding at December 31, 2015. $ 450 $ 450
Additional paid-in capital 5,648,423 5,690,809
Accumulated deficit (420,715) (264,510)
Total stockholders' equity 5,228,158 5,426,749
Total liabilities and stockholders' equity $ 117,692,675 $ 117,812,946