v3.4.0.3
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 549,249 $ 790,635
Prepaid expenses 272,808 259,149
Total current assets 822,057 1,049,785
Investments and cash held in Trust Account 375,081,861 375,010,481
Total assets 375,903,918 376,060,265
Current liabilities:    
Accrued expenses, formation and offering costs 292,908 217,384
State franchise tax accrual 45,000 69,917
Total current liabilities 337,908 287,301
Deferred underwriting compensation 13,125,000 13,125,000
Total liabilities $ 13,462,908 $ 13,412,301
Commitments and Contingencies
Shares of Class A common stock subject to possible redemption; 35,744,100 and 35,764,796 shares at March 31, 2016 and December 31, 2015, respectively, at a redemption value of $10.00 per share $ 357,441,000 $ 357,647,960
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding
Additional paid-in-capital $ 5,675,769 $ 5,468,811
Retained earnings (469,919)  
Deficit accumulated (206,954) (469,919)
Total stockholders’ equity 5,000,010 5,000,004
Total liabilities and stockholders’ equity 375,903,918 376,060,265
Class A Common Stock    
Stockholders’ equity:    
Common stock value 176 174
Class F Common Stock    
Stockholders’ equity:    
Common stock value $ 938 $ 938