Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ 961,618 $ (13,739)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Gain on marketable securities, dividends and interest held in Trust Account (1,128,747)  
General and administrative expenses paid by related party   988
Changes in operating assets and liabilities:    
Prepaid expenses 16,903  
Accounts payable 11,337 10,089
Accrued expenses 41,140 726
Net cash used in operating activities (97,749) (1,936)
Cash Flows from Financing Activities:    
Proceeds from note payable to related party   250,000
Offering costs paid   (169,732)
Net cash provided by financing activities   80,268
Net change in cash (97,749) 78,332
Cash - beginning of the period 1,589,795 25,000
Cash - end of the period 1,492,046 103,332
Supplemental disclosure of noncash activities:    
Offering costs included in accrued expenses   192,880
Offering costs included in accounts payable   89,386
Prepaid expenses included in accounts payable 63,750 $ 120,233
Change in value of ordinary shares subject to possible redemption $ 961,620