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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

Following are the Company’s unaudited quarterly statements of operations for the period from Inception to March 31, 2017 and the quarters ended June 30, 2017 through December 31, 2018. The Company has prepared the quarterly data on a consistent basis with the audited financial statements included elsewhere in this Annual Report on Form 10-K and, in the opinion of management, the financial information reflects all necessary adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the results of operations for these periods. This information should be read in conjunction with the audited financial statements and related notes included elsewhere in this Annual Report on Form 10-K. These quarterly operating results are not necessarily indicative of the Company’s operating results for any future period.

 

 

 

For the Period

 

 

For the

 

 

For the

 

 

For the

 

 

 

Three Months

 

 

Three Months

 

 

Three Months

 

 

Three Months

 

 

 

Ended

 

 

Ended

 

 

Ended

 

 

Ended

 

 

 

March 31, 2018

 

 

June 30, 2018

 

 

September 30, 2018

 

 

December 31, 2018

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Professional fees, formation costs and

   other expenses

 

$

288,600

 

 

$

166,288

 

 

$

137,687

 

 

$

211,475

 

Loss from operations

 

 

(288,600

)

 

 

(166,288

)

 

 

(137,687

)

 

 

(211,475

)

Interest income

 

 

1,414,985

 

 

 

1,801,259

 

 

 

2,069,168

 

 

 

2,384,139

 

Net income attributable to ordinary shares

 

$

1,126,385

 

 

$

1,634,971

 

 

$

1,931,481

 

 

$

2,172,664

 

Net income per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

0.02

 

 

$

0.03

 

 

$

0.03

 

 

$

0.04

 

Weighted average ordinary shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

56,250,000

 

 

 

56,250,000

 

 

 

56,250,000

 

 

 

56,250,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Period

 

 

For the

 

 

For the

 

 

For the

 

 

 

from February 14,

 

 

Three Months

 

 

Three Months

 

 

Three Months

 

 

 

2017 (Inception) to

 

 

Ended

 

 

Ended

 

 

Ended

 

 

 

March 31, 2017

 

 

June 30, 2017

 

 

September 30, 2017

 

 

December 31, 2017

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Professional fees, formation costs and

   other expenses

 

$

79,538

 

 

$

45,000

 

 

$

94,400

 

 

$

157,434

 

Net loss attributable to ordinary shares

 

$

(79,538

)

 

$

(45,000

)

 

$

(94,400

)

 

$

(157,434

)

Net loss per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.01

)

 

$

 

 

$

 

 

$

 

Weighted average ordinary shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

9,500,000

 

 

 

11,994,505

 

 

 

56,369,565

 

 

 

56,250,000