Annual report pursuant to Section 13 and 15(d)

Balance Sheets

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Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets -    
Cash $ 568,000 $ 1,180,000
Prepaid expenses and other assets 26,000 53,000
Total current assets 594,000 1,233,000
Non-current assets -    
Cash and investments held in Trust Account 302,529,000 304,035,000
Total assets 303,123,000 305,268,000
Current liabilities -    
Accounts payable 358,000 17,000
Accrued expenses 1,859,000 365,000
Accrued franchise and income taxes 8,000 225,000
Due to related party 1,958,000
Total current liabilities 4,183,000 607,000
Other liabilities -    
Deferred underwriting compensation 10,500,000 10,500,000
Total liabilities 14,683,000 11,107,000
Common stock subject to possible redemption; 28,344,013 and 28,916,141 shares, respectively, at December 31, 2019 and 2018 (at approximately $10.00 per share) 283,440,000 289,161,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding
Additional paid-in-capital 847,000 2,234,000
Retained earnings 4,152,000 2,765,000
Total stockholders' equity 5,000,000 5,000,000
Total liabilities and stockholders’ equity 303,123,000 305,268,000
Class A Common Stock    
Stockholders' equity:    
Common stock value
Total stockholders' equity
Class F Common Stock    
Stockholders' equity:    
Common stock value 1,000 1,000
Total stockholders' equity $ 1,000 $ 1,000