Quarterly report pursuant to Section 13 or 15(d)

Investments and Cash Held in Trust Account

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Investments and Cash Held in Trust Account
9 Months Ended
Sep. 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 September 30, 2018, the Company’s Trust Account consisted of $1,857 of cash and $329,541,055 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.