Stockholders' Equity |
9 Months Ended |
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Aug. 31, 2016 | |
| Stockholders' Equity [Abstract] | |
| STOCKHOLDERS' EQUITY |
NOTE 7 — STOCKHOLDERS’ EQUITY
Common Stock
The authorized common stock of the Company includes up to 200,000,000 shares. Holders of the Company’s common stock are entitled to one vote for each share of common stock. Prior to the Public Offering, there were 2,170,161 shares of common stock issued and outstanding up to 283,064 of which are subject to forfeiture by our initial shareholders if the underwriters’ over-allotment option is not exercised in full. At August 31, 2016, there were 8,770,161 shares of common stock issued and outstanding, including 5,913,139 shares subject to redemption.
Preferred Stock
The Company is authorized to issue 10,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At August 31, 2016, there were no shares of preferred stock issued and outstanding. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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