2018

Pro

 Forma

Adjustments

As

Adjusted

ASSETS

(Unaudited) 

Cash

1,278,124

-

1,278,124

Prepaid expenses

44,388

-

44,388

Current assets

1,322,512

-

1,322,512

Cash held in Trust Account

151,500,000

22,725,000

174,225,000

Total assets

152,822,512

22,725,000

175,547,512

LIABILITIES AND STOCKHOLDERS’ EQUITY

Accounts payable

119,576

-

119,576

Related party advances

69,540

-

69,540

Notes payable

250,000

-

250,000

Total current liabilities

439,116

-

439,116

Sponsor loan payable

1,500,000

225,000

1,725,000

Deferred underwriting commissions

6,000,000

1,350,000

7,350,000

Total liabilities

7,939,116

1,575,000

9,514,116

Commitments and Contingencies:

Common stock subject to possible redemption (13,849,841 and 15,943,900 shares at $10.10 per share)

139,883,395

21,150,000

161,033,395

Stockholders’ Equity

Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding

Common stock, $0.0001 par value, 60,000,000 shares authorized, 5,462,659 and 5,593,600 shares issued and outstanding (excluding 13,849,841 and 15,943,900 shares subject to possible redemption)

546

13

559

Additional paid-in-capital

5,055,728

(13

)

5,055,715

Accumulated deficit

(56,273

)

-

(56,273

)

Total stockholders’ equity

5,000,001

-

5,000,001

Total liabilities and stockholders’ equity

152,822,512

22,725,000

175,547,512