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Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash $ 63,185 $ 119,826
Prepaid expenses 1,035 19,496
Total current assets 64,220 139,322
Cash and investments held in trust account 46,014,426 46,059,918
Total Assets 46,078,646 46,199,240
Current liabilities    
Accounts payable & accrued expenses 953,543 130,283
Note payable to stockholder 125,000 125,000
Total liabilities 1,078,543 255,283
Common Stock subject to possible redemption; 3,995,919 and 4,094,389 shares at approximately $10 per share as of June 30, 2016 and as of December 31, 2015, respectively 39,959,190 40,943,890
Stockholders’ equity    
Preferred stock, $.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $.0001 par value; 10,000,000 shares authorized; 1,952,081 and 1,853,611 issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 195 185
Additional paid-in capital 6,513,930 5,529,241
Accumulated deficit (1,473,212) (529,359)
Total stockholders’ equity 5,040,913 5,000,067
Total liabilities and stockholders’ equity $ 46,078,646 $ 46,199,240