Phunware, Inc. Quarterly report pursuant to Section 13 or 15(d)

Trust Account and Fair Value Measurements (Tables)

9 Months Ended

Aug. 31, 2017

	Carrying Value		Gross Unrealized Holding Gains/(Losses)			Quoted prices in Active Markets (Level 1)
U.S. Government Treasury Securities as of August 31, 2017 (maturing on October 12, 2017)	$	70,833,266	$	(4,044	)	$	70,829,222

U.S. Government Treasury Securities as of November 30, 2016	$	70,441,927	$	(5,849	)	$	70,436,078