Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash $ 624,830 $ 712,062
Prepaid expenses and other current assets 65,301 129,666
Total Current Assets 690,131 841,728
Cash and marketable securities held in Trust Account 139,158,500 138,414,479
TOTAL ASSETS 139,848,631 139,256,207
LIABILITIES    
Current liabilities - Accounts payable and accrued expenses 209,732 65,716
Convertible promissory note - related party 500,000  
Total Liabilities 709,732 65,716
Commitments and Contingencies (Note 5)
Ordinary shares subject to possible redemption,13,413,889 and 13,419,049 shares at $10.00 redemption value at $10.00 per share at December 31, 2020 and 2019, respectively 134,138,890 134,190,490
Shareholders' Equity    
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 3,986,111 and 3,980,951 shares issued and outstanding (excluding 13,413,889 and 13,419,049 shares subject to possible redemption) at December 31, 2020 and 2019, respectively 399 398
Additional paid-in capital 4,809,543 4,757,944
Retained earnings 190,067 241,659
Total Shareholders' Equity 5,000,009 5,000,001
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 139,848,631 $ 139,256,207