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Condensed Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 34,940 $ 324,991
Prepaid expenses 19,721 46,687
Total current assets: 54,661 371,678
Cash, cash equivalents and securities held in Trust 117,462,767 117,374,895
Prepaid expenses - non-current 36,370 66,373
Total assets: 117,553,798 117,812,946
Current Liabilities    
Accounts Payable 33,920 17,259
Total current liabilities: 33,920 17,259
Deferred Underwriters Fee 4,325,000 4,325,000
Total liabilities 4,358,920 4,342,259
Commitments
Common Stock, subject to possible conversion (10,577,864 and 10,585,784 shares at conversion value) as of September 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; 27,500,000 authorized shares, 4,506,885 issued and outstanding at September 30, 2016 and 4,498,966 at December 31, 2015 (excluding 10,577,864 and 10,585,784 shares subject to possible conversion at September 30, 2016 and December 31, 2015). 451 450
Additional paid-in capital 5,690,808 5,690,809
Accumulated deficit (540,319) (264,510)
Total stockholders' equity 5,150,940 5,426,749
Total liabilities and stockholders' equity $ 117,553,798 $ 117,812,946