Public Offering (Details) - USD ($) |
1 Months Ended | 12 Months Ended | |
---|---|---|---|
Sep. 28, 2016 |
Aug. 24, 2016 |
Nov. 30, 2016 |
|
Public Offering (Textual) | |||
Units issued in public offering | 6,500,000 | 6,500,000 | |
Sale of public offering, per share | $ 10.00 | ||
Common stock, par value | 0.0001 | $ 0.0001 | |
Warrant purchase price | $ 11.50 | ||
Outstanding warrants | The Warrants become exercisable, the Company may redeem the outstanding Warrants in whole and not in part at a price of $0.01 per Warrant upon a minimum of 30 days' prior written notice of redemption, only in the event that the last sale price of the Company's shares of common stock equals or exceeds $21.00 per share for any 20 trading days within the 30-trading day period ending on the third trading day before the Company sends the notice of redemption to the Warrant holders. | ||
Underwriting fees | $ 1,300,000 | ||
Underwriting discount, percentage | 2.00% | ||
Expected life | 5 years | ||
Proceeds from sale of public offering | $ 400,610 | $ 66,995,417 | |
Stock options exercised | $ 4,006,100 | ||
Over allotment option [Member] | |||
Public Offering (Textual) | |||
Units issued in public offering | 400,610 | ||
Sale of public offering, per share | $ 10.00 | $ 10.00 | |
Underwriting fees | $ 80,122 | ||
Option purchase | 975,000 | ||
Gross proceeds offering payable percentage | 2.50% | ||
Proceeds from sale of public offering | $ 4,006,100 | ||
Stock options exercised | $ 80,122 |