Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Statement of Cash Flows (Unaudited)

v3.5.0.2
Condensed Interim Statement of Cash Flows (Unaudited)
 9 Months Ended
Aug. 31, 2016
USD ($)
Cash Flows from Operating Activities  
Net loss $ (1,714)
Changes in operating assets and liabilities  
Increase in accrued liabilities 33,307
Net cash provided by operating activities 31,593
Net cash used in Investing Activities,  
Cash deposited in Trust Account (66,300,000)
Cash Flows from Financing Activities  
Proceeds from sale of Sponsors' shares of common stock 25,000
Proceeds from sale of Public Offering Units, net of offering expenses paid 63,092,898
Proceeds from sale of Private Placement Warrants 3,825,000
Payments to related parties (including loans) (250,535)
Contributions from related parties (including loans) 250,535
Net cash provided by financing activities 66,942,898
Net increase in cash 674,491
Cash at beginning of period
Cash at end of period 674,491
Supplemental Schedule of Non-Cash Financing Activities:  
Deferred underwriting fees 1,625,000
Common stock issued for additional underwriter compensation 1,000,000
Fair value of unit purchase option issued to underwriter $ 781,385