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Condensed Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 113,704 $ 324,991
Prepaid expenses 36,171 46,687
Total current assets: 149,875 371,678
Cash, cash equivalents and securities held in Trust 117,391,631 117,374,895
Prepaid expenses - long term 54,616 66,373
Total assets: 117,596,122 117,812,946
Current Liabilities    
Accounts Payable 21,759 17,259
Total current liabilities: 21,759 17,259
Deferred Underwriters Fee 4,325,000 4,325,000
Total liabilities 4,346,759 4,342,259
Commitments
Common Stock, subject to possible conversion (10,585,498 and 10,585,784 shares at conversion value) as of June 30, 2016 and December 31, 2015 respectively. 108,043,938 108,043,938
Stockholders' equity    
Preferred stock, $.0001 par value, 1,000,000 authorized, 0 outstanding
Common stock, $.0001 par value; Authorized 27,500,000 shares, 4,498,252 issued and outstanding at June 30, 2016 and 4,498,966 at December 31, 2015 (excluding 10,585,498 and 10,585,784 shares subject to possible conversion at June 30, 2016 and December 31, 2015). 450 450
Additional paid-in capital 5,690,809 5,690,809
Accumulated deficit (485,834) (264,510)
Total stockholders' equity 5,205,425 5,426,749
Total liabilities and stockholders' equity $ 117,596,122 $ 117,812,946