v3.5.0.2
Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability:

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

September 30,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2016

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,395,331

 

 

 

375,395,331

 

 

 

 

 

Total

 

$

375,395,331

 

 

$

375,395,331

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Significant

 

 

Significant

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Other

 

 

 

 

 

 

 

Quoted Prices in

 

 

Observable

 

 

Unobservable

 

 

 

December 31,

 

 

Active Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2015

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Investments in money market funds held in Trust Account

 

 

375,010,481

 

 

 

375,010,481

 

 

 

 

 

Total

 

$

375,010,481

 

 

$

375,010,481

 

 

$

 

 

$