v3.5.0.2
CONDENSED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
4 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (218,807) $ (4,332,000)
Changes in prepaid expenses (292,921) 103,911
Changes in state franchise tax accrual 135,000 23,175
Changes in accounts payable and accrued expenses   3,630,219
Changes in accrued expenses, formation and offering costs 15,000  
Net cash used by operating activities (361,728) (574,695)
Cash flows from investing activities:    
Cash deposited in Trust Account (375,000,000) 0
Interest reinvested in Trust Account (1,130) (384,850)
Net cash used in investing activities (375,001,130) (384,850)
Cash flows from financing activities:    
Proceeds from notes and advances payable – related party 300,000 175,000
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 and advances payable – related party (300,000)  
Payment of underwriters’ discounts and commissions (7,500,000)  
Payment of accrued offering costs (357,116)  
Net cash provided by financing activities 376,667,884 175,000
Increase in cash 1,305,026 (784,545)
Cash at beginning of period   790,635
Cash at end of period 1,305,026 6,090
Supplemental disclosure of non-cash financing activities:    
Deferred underwriting compensation 13,125,000 $ 13,125,000
Offering costs included in accrued expenses $ 425,000