Quarterly report pursuant to Section 13 or 15(d)

Investments and Cash Held in Trust Account

v3.10.0.1
Investments and Cash Held in Trust Account
6 Months Ended
Jun. 30, 2018
Investments And Cash Held In Trust Account [Abstract]  
Investments and Cash Held in Trust Account
Note 5 — Investments and Cash Held in Trust Account
 
Upon the closing of the Public Offering and the Private Placement, $325,000,000 was placed in the Trust Account. At June 30, 2018, the Company’s Trust Account consisted of $1,890 of cash and $328,317,967 in investment securities. At December 31, 2017, the Company’s Trust Account consisted of $542 of cash and $326,449,317 in investment securities. The investment securities are consist only of money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, which invest only in direct U.S. government obligations. Such investment securities are carried at cost, which approximates fair value.