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Condensed Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 405,748 $ 1,123,278
Prepaid expenses 94,660 164,151
Total Current Assets 500,408 1,287,429
Cash and securities held in Trust Account 80,013,480 80,005,240
Other assets 1,950 3,300
TOTAL ASSETS 80,515,838 81,295,969
Current Liabilities    
Accounts payable and accrued expenses 2,103,343 85,729
Advance from related party 0 65
Total Current Liabilities 2,103,343 85,794
Deferred underwriting fees 2,800,000 2,800,000
Total Liabilities $ 4,903,343 $ 2,885,794
Commitments and Contingencies
Common stock subject to possible redemption, 7,060,059 and 7,341,017 shares at conversion value as of September 30, 2015 and December 31, 2014, respectively $ 70,612,494 $ 73,410,170
Stockholders' Equity    
Preferred stock, $0.0001 par value; 1,000,000 authorized, none issued and outstanding 0 0
Common stock, $0.0001 par value; 29,000,000 shares authorized; 2,939,941 and 2,658,983 shares issued and outstanding (excluding 7,060,059 and 7,341,017 shares subject to possible redemption) as of September 30, 2015 and December 31, 2014, respectively 294 266
Additional paid-in capital 7,938,916 5,141,268
Accumulated deficit (2,939,209) (141,529)
Total Stockholders' Equity 5,000,001 5,000,005
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 80,515,838 $ 81,295,969