Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - Draper Oakwood Technology Acquisition Inc. | f8k092717_draperoakwood.htm |
Exhibit 99.1
DRAPER OAKWOOD TECHNOLOGY ACQUISITION, INC.
BALANCE SHEET
| September 19, | Pro Forma | |||||||||||
| 2017 | Adjustments | As Adjusted | ||||||||||
| (unaudited) | (unaudited) | |||||||||||
| ASSETS | ||||||||||||
| Current assets | ||||||||||||
| Cash | $ | 489,754 | $ | — | $ | 489,754 | ||||||
| Prepaid expenses and other current assets | 75,500 | — | 75,500 | |||||||||
| Total Current Assets | 565,254 | — | 565,254 | |||||||||
| Cash held in Trust Account | 50,000,000 | 7,500,000 | 57,500,000 | |||||||||
| Total Assets | $ | 50,565,254 | $ | 7,500,000 | $ | 276,517,505 | ||||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||||||
| Current liabilities – Accrued offering costs | $ | 16,050 | $ | — | $ | 16,050 | ||||||
| Total Current Liabilities | 16,050 | — | 16,050 | |||||||||
| Commitments | ||||||||||||
| Common stock subject to possible redemption, 4,554,920 and 5,304,920 shares at redemption value | 45,549,200 | 7,500,000 | 53,049,200 | |||||||||
| Stockholders' Equity | ||||||||||||
| Preferred stock, $0.0001 par value; 1,000,000 authorized; none issued and outstanding | — | — | — | |||||||||
| Class A Common stock, $0.0001 par value; 15,000,000 shares authorized; 795,080 and 817,580 shares issued and outstanding (excluding 4,554,920 and 5,304,920 shares subject to possible redemption) | 80 | 2 | 82 | |||||||||
| Class F Common stock, $0.0001 par value; 3,000,000 shares authorized; 1,437,500 shares issued and outstanding | 144 | 144 | ||||||||||
| Additional paid-in capital | 5,001,280 | (2 | ) | 5,001,278 | ||||||||
| Accumulated deficit | (1,500 | ) | — | (1,500 | ) | |||||||
| Total Stockholders' Equity | 5,000,004 | — | 5,000,004 | |||||||||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 50,565,254 | $ | 7,500,000 | $ | 58,065,254 | ||||||