Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.19.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 1,826,000 $ 6,000
Prepaid expenses 142,000
Total current assets 1,968,000 6,000
Deferred offering costs 232,000
Cash and investments held in trust account 303,682,000
Total assets 305,650,000 238,000
Current liabilities:    
Note payable to Sponsor 90,000
Accounts payable 53,000 27,000
Accrued liabilities 91,000 99,000
Accrued income and franchise taxes 117,000
Total current liabilities 261,000 216,000
Other liabilities:    
Deferred underwriting compensation 10,179,000
Total liabilities 10,440,000 216,000
Common stock subject to possible redemption; 28,733,635 and -0- shares at March 31, 2019 and December 31, 2018, respectively, (at value of approximately $10.10 per share) 290,210,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding
Additional paid-in-capital 4,684,000 24,000
Retained earnings (accumulated deficit) 315,000 (3,000)
Total stockholders' equity 5,000,000 22,000 [1]
Total liabilities and stockholders' equity 305,650,000 238,000
Class A Common Stock    
Stockholders' equity:    
Common stock
Total stockholders' equity [1]
Class B Common Stock    
Stockholders' equity:    
Common stock 1,000 1,000
Total stockholders' equity $ 1,000 $ 1,000 [1]
[1] Share amounts have been retroactively restated to reflect the stock dividend of approximately 0.05 share for the Company's shares of Class B common stock on February 28, 2019 (see Note 4).