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Financial report summary
?Management Discussion
- We have neither engaged in any operations nor generated any revenues to date. Our only activities from inception to December 31, 2018 were organizational activities, preparing for the initial public offering, identifying a target company for a business combination, negotiating the Transaction Agreement, and preparing for the Transaction. We do not expect to generate any operating revenues until after the completion of the Transaction or an alternative business combination. We expect to generate non-operating income in the form of interest income on cash and marketable securities held after the initial public offering. We expect that we will incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance). We have incurred due diligence expenses in connection with our evaluation of OneSpaWorld, and, in the event the Transaction is not consummated, will incur due diligence expenses in connection with completing an alternative business combination.