v3.3.1.900
STATEMENT OF CASH FLOWS
7 Months Ended
Dec. 31, 2015
USD ($)
Cash flows from operating activities:  
Net loss $ (469,919)
Changes in prepaid expenses (259,149)
Changes in state franchise tax accrual 69,917
Changes in accrued expenses, formation and offering costs 217,384
Net cash used by operating activities (441,767)
Cash flows from investing activities:  
Cash deposited in Trust Account (375,000,000)
Interest reinvested in Trust Account (10,481)
Net cash used in investing activities (375,010,481)
Cash flows from financing activities:  
Proceeds from notes payable – related party 300,000
Proceeds from sale of Class F common stock to Sponsor 25,000
Proceeds from sale of Units in initial public offering 375,000,000
Proceeds from sale of Private Placement Warrants to Sponsor 9,500,000
Repayment of notes payable – related party (300,000)
Payment of underwriters’ discounts and commissions (7,500,000)
Payment of offering costs (782,117)
Net cash provided by financing activities 376,242,883
Increase in cash 790,635
Cash at end of period 790,635
Supplemental disclosure of non-cash financing activities:  
Deferred underwriting compensation $ 13,125,000