Related Party Transactions (Details) - USD ($) |
1 Months Ended | 3 Months Ended | |
---|---|---|---|
Sep. 30, 2018 |
Aug. 31, 2018 |
Mar. 31, 2019 |
|
Related Party Transactions (Textual) | |||
Warrant price per share | $ 1.00 | ||
Related party loans, description | The Company drew down $90,000 from the Note in order to fund expenses of the Public Offering. In January 2019, the Company drew down an additional $75,000 from the Note in order to fund expenses of the Public Offering. On February 27, 2019, the Company drew down on the remaining $135,000 of the Note leaving a balance on the Note at that date of $300,000. On March 5, 2019, the Note was repaid in full in connection with the closing of the Public Offering. | ||
Initial business combination cash fee | $ 500,000 | ||
Class A Common Stock | |||
Related Party Transactions (Textual) | |||
Share price per share | $ 11.50 | ||
Sponsor [Member] | |||
Related Party Transactions (Textual) | |||
Accounting office space, utilities and secretarial and administrativel support to sponsor | $ 15,000 | ||
Administrative expense | $ 15,000 | ||
Related party loans, description | The Sponsor agreed to loan the Company an aggregate of $300,000 by drawdowns of not less than $10,000 each against the issuance of an unsecured promissory note (the "Note") to cover expenses related to the Public Offering. | ||
Initial business combination, description | The securities were first listed on the Nasdaq Capital Market, the Company has agreed to compensate its Chief Financial Officer $29,000 per month for his services prior to the consummation of the Company's initial Business Combination, of which 60% is payable currently in cash and 40% is payable upon the completion of the Company's initial Business Combination. The financial statements for the three months ended March 31, 2019 include an accrued liability for approximately $12,000 for the deferred portion of this compensation and the payment of approximately $17,000 for the cash portion. | ||
Sponsor [Member] | Founder Shares [Member] | |||
Related Party Transactions (Textual) | |||
Initial business combination, description | (A) one year after the completion of the Company's initial Business Combination, or (B), subsequent to the Company's initial Business Combination, if (x) the last reported sale price of the Company's Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company's initial Business Combination or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction after the initial Business Combination that results in all of the Company's stockholders having the right to exchange their shares of common stock for cash, securities or other property. | ||
Sponsor [Member] | Private Placement Warrants [Member] | |||
Related Party Transactions (Textual) | |||
Sponsor purchased shares | 13,581,500 | ||
Private placement purchase price | $ 13,581,500 | ||
Founder Shares [Member] | |||
Related Party Transactions (Textual) | |||
Conversion of common stock, description | The Sponsor purchased 7,187,500 shares of Class B common stock (the "Founder Shares") for $25,000, or approximately $0.003 per share. In October 2018, the Sponsor transferred 75,000 founder shares to each of the Company's six independent directors, 300,000 shares to our Executive Vice President, Chief Financial Officer and Secretary, and 225,000 shares to our President and Chief Operating Officer. In January 2019, the Sponsor forfeited 871,930 shares of Class B common stock and certain funds and accounts managed by subsidiaries of BlackRock, Inc. (collectively, the "Anchor Investor") purchased 871,930 shares of Class B common stock for an aggregate purchase price of approximately $3,000, or approximately $0.003 per share. On February 28, 2019, the Company effected a stock dividend for approximately 0.05 shares for each of the Company's shares of Class B common stock, resulting in the Company's initial stockholders holding an aggregate of 7,503,750 Founder Shares. The financial statements have been retroactively restated to reflect the issuance of the stock dividend in all periods presented. Following the stock dividend, the Company's officers and directors retransferred an aggregate of 48,823 Founder Shares to the Sponsor and the Anchor Investor waived its right to the stock dividend. | ||
Agreed to forfeit founder shares | 978,750 |