Andina Acquisition Corp. III 10-K 26 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	5 Months Ended
	Nov. 30, 2015	Feb. 26, 2016
Document And Entity Information
Entity Registrant Name	Andina Acquisition Corp. II
Entity Central Index Key	1,652,101
Document Type	10-K
Trading Symbol	ANDAU
Document Period End Date	Nov. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--11-30
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float	$ 0
Entity Common Stock, Shares Outstanding		5,310,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

BALANCE SHEET

BALANCE SHEET	Nov. 30, 2015USD ($)
Current assets
Cash and cash equivalents	$ 100
Prepaid expenses	25,624
Total current assets	25,724
Deferred offering costs	454,149
Total assets	479,873
Liabilities and Shareholders' Deficit
Accounts payable	152,811
Due to related party	139,172
Accrued expenses	220,623
Total current liabilities	$ 512,606
Commitments
Shareholders' Deficit:
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 1,150,000 shares issued and outstanding	$ 115	[1]
Additional paid-in capital	24,985
Accumulated deficit	(57,833)
Total Shareholders' Deficit	(32,733)
Total Liabilities and Shareholders' Deficit	$ 479,873
[1]	This number includes an aggregate of up to 150,000 ordinary shares repurchased by the Company upon receiving notice of not exercising the over-allotment option by the underwriters (see Note 7).

BALANCE SHEET (Parenthetical)

BALANCE SHEET (Parenthetical)	Nov. 30, 2015$ / sharesshares
Statement of Financial Position [Abstract]
Preferred shares, par value (in dollars per share) | $ / shares	$ 0.0001
Preferred shares, authorized	1,000,000
Preferred shares, issued
Preferred shares, outstanding
Ordinary shares, par value (in dollars per share) | $ / shares	$ 0.0001
Ordinary shares, authorized	100,000,000
Ordinary shares, issued	1,150,000
Ordinary shares, outstanding	1,150,000

STATEMENT OF OPERATIONS

STATEMENT OF OPERATIONS	5 Months Ended
	Nov. 30, 2015USD ($)$ / sharesshares
Income Statement [Abstract]
Formation and operating costs	$ 57,833
Net loss	$ (57,833)
Weighted average shares outstanding, basic and diluted (in shares) | shares	1,000,000	[1]
Basic and diluted net loss per ordinary share (in dollars per share) | $ / shares	$ (0.06)
[1]	This number excludes an aggregate of up to 150,000 ordinary shares repurchased by the Company upon receiving notice of not exercising the over-allotment option by the underwriters (see Note 7).

STATEMENT OF CHANGES IN SHAREHO

STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT (USD $) - 5 months ended Nov. 30, 2015 - USD ($)		Ordinary Shares [Member]		Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Total
Ordinary shares issued to initial shareholders at Jun. 30, 2015		$ 115	[1]	$ 24,885		$ 25,000
Ordinary shares issued to initial shareholders (in shares) at Jun. 30, 2015	[1]	1,150,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Sale of unit purchase option			[1]	100		100
Net loss					$ (57,833)	(57,833)
Balance Ending at Nov. 30, 2015		$ 115	[1]	$ 24,985	$ (57,833)	$ (32,733)
Balance Ending (in shares) at Nov. 30, 2015		1,150,000	[1]			1,150,000
[1]	This number includes an aggregate of up to 150,000 ordinary shares repurchased by the Company upon receiving notice of not exercising the over-allotment option by the underwriters (see Note 7).

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS	5 Months Ended
	Nov. 30, 2015USD ($)
Cash Flows from Operating Activities
Net loss	$ (57,833)
Adjustments to reconcile net loss to net cash used in operating activities:
Formation costs paid by related party	6,767
Changes in operating assets and liabilities:
Prepaid expenses	(25,624)
Accounts payable	$ 76,690
Net cash used in operating activities
Cash Flows from Financing Activities
Proceeds from issuance of ordinary shares to initial shareholders	$ 25,000
Proceeds from underwriters unit purchase option	100
Payment of deferred offering costs	(25,000)
Net cash provided by financing activities	100
Net change in cash and cash equivalents	$ 100
Cash and cash equivalents - beginning of the period
Cash and cash equivalents - ending of the period	$ 100
Supplemental disclosure of noncash investing and financing activities:
Payment of deferred offering costs made by shareholder and included in due to related party	132,405
Deferred offering costs included in accounts payable and accrued expenses	$ 296,744

Organization, Plan of Business

Organization, Plan of Business Operations	5 Months Ended
	Nov. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Plan of Business Operations	Note 1: - Organization, Plan of Business Operations Andina Acquisition Corp. II (the “Company”) was incorporated in the Cayman Islands on July 1, 2015 as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a “Business Combination”). The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company initially intends to focus on target businesses in the Andean region of South America and in Central America. At November 30, 2015, the Company had not yet commenced any operations. All activity through November 30, 2015 relates to the Company’s formation and the offering described below. The Company has selected November 30 as its fiscal year-end. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. The registration statement for the Company’s initial public offering (“Initial Public Offering”) was declared effective on November 24, 2015. The Company consummated the Initial Public Offering of 4,000,000 units (“Units”) at $10.00 per Unit on December 1, 2015, generating net proceeds of approximately $38.2 million, net of offering costs of approximately $1.8 million, inclusive of $1.3 million of underwriting fees (Note 3). Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 310,000 Units (“Private Placement Units”) at a price of $10.00 per Private Placement Unit, of which 265,000 Private Placement Units were sold to certain shareholders and their affiliates and designees prior to the Initial Public Offering (“Initial Shareholders”), and 45,000 Private Placement Units were sold to EarlyBirdCapital, Inc. (“EBC”), the representative of the underwriters in the Initial Public Offering, generating gross proceeds of $3.1 million (Note 4). Following the closing of the Initial Public Offering on December 1, 2015, an amount of $40,600,000 ($10.15 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the Private Placement was placed in a United States-based trust account (“Trust Account”) maintained by Continental Stock Transfer & Trust Company, acting as trustee, and is invested in U.S. government treasury bills until the earlier of: (i) the consummation of the initial Business Combination or (ii) the Company’s failure to consummate the initial Business Combination by June 1, 2017 (or September 1, 2017 if the Company has entered into a letter of intent, memorandum of understanding or definitive agreement with a target business for an initial Business Combination by June 1, 2017 and an initial Business Combination has not yet been consummated by such date). One of the Company’s Directors has agreed that he will be liable under certain circumstances to ensure that the proceeds in the Trust Account are not reduced by the claims of target businesses or vendors or other entities that are owed money by the Company for services rendered, contracted for or products sold to the Company. However, such Director may not be able to satisfy those obligations should they arise. The remaining net proceeds (not held in the Trust Account) may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses. In addition, (i) interest income earned on the funds in the Trust Account may be released to the Company to pay its income or other tax obligations and (ii) any remaining interest earned on the funds in the Trust Account may be released to the Company for its working capital requirements. With these exceptions, expenses incurred by the Company may be paid prior to an initial Business Combination only from the net proceeds of the Initial Public Offering not held in the Trust Account; provided, however, that in order to meet its working capital needs following the consummation of the Initial Public Offering, the Initial Shareholders, officers and directors or their affiliates may, but are not obligated to, loan the Company funds, from time to time or at any time, in whatever amount they deem reasonable in their sole discretion. Each loan would be evidenced by a promissory note. The notes would either be paid upon consummation of the Company’s initial Business Combination, without interest, or, at the lender’s discretion, up to $500,000 of the notes may be converted upon consummation of the Company’s initial Business Combination into additional Private Placement Units at a price of $10.00 per Unit. If the Company does not complete an initial Business Combination, the loans would not be repaid. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating an initial Business Combination. Pursuant to the Nasdaq Capital Markets listing rules, the Company’s initial Business Combination must be with a target business or businesses whose collective fair market value is at least equal to 80% of the balance in the Trust Account at the time of the execution of a definitive agreement for such Business Combination, although this may entail simultaneous acquisitions of several target businesses. The fair market value of the target will be determined by the Company’s board of directors based upon one or more standards generally accepted by the financial community (such as actual and potential sales, earnings, cash flow and/or book value). The target business or businesses that the Company acquires may have a collective fair market value substantially in excess of 80% of the Trust Account balance. In order to consummate such a Business Combination, the Company may issue a significant amount of its debt or equity securities to the sellers of such business and/or seek to raise additional funds through a private offering of debt or equity securities. In connection with any proposed initial Business Combination, the Company will either (1) seek shareholder approval of such initial Business Combination at a meeting called for such purpose at which holders of the outstanding ordinary shares sold in the Initial Public Offering (“Public Shareholders”) may seek to convert such shares (“Public Shares”), regardless of whether they vote for or against the proposed Business Combination, into their pro rata share of the aggregate amount then on deposit in the Trust Account (net of taxes payable) or (2) provide Public Shareholders with the opportunity to sell their Public Shares to the Company by means of a tender offer (and thereby avoid the need for a shareholder vote) for an amount equal to their pro rata share of the aggregate amount then on deposit in the Trust Account (net of taxes payable). If the Company determines to engage in a tender offer, such tender offer will be structured so that each Public Shareholder may tender any or all of his, her or its Public Shares rather than some pro rata portion of his, her or its shares. In that case, the Company will file tender offer documents with the Securities and Exchange Commission (“SEC”) which will contain substantially the same financial and other information about the initial Business Combination as is required under the SEC’s proxy rules. The decision as to whether the Company will seek shareholder approval of a proposed Business Combination or will allow shareholders to sell their shares to it in a tender offer will be made by the Company based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require it to seek shareholder approval. The Company will consummate an initial Business Combination only if it has net tangible assets of at least $5,000,001 upon such consummation of a Business Combination and, solely if it seeks shareholder approval, a majority of the outstanding ordinary shares voted are voted in favor of the Business Combination. The $5,000,001 net tangible asset value would be determined once a target business is located and the Company can assess all of the assets and liabilities of the combined company, which would include the fee payable to EBC as discussed below, any out-of-pocket expenses incurred by the Initial Shareholders, officers, directors or their affiliates in connection with certain activities on the Company’s behalf, such as identifying and investigating possible business targets and Business Combinations that have not been repaid at that time, as well as any other liabilities of the Company’s and the liabilities of the target business. The Initial Shareholders have agreed (i) to vote any shares they hold in favor of any proposed initial Business Combination and (ii) not to convert any shares in connection with a shareholder vote to approve, or sell their shares to the Company in any tender offer in connection with, a proposed initial Business Combination; provided that certain of the Initial Shareholders will be permitted to convert, or sell any Public Shares they may purchase after the Initial Public Offering to the Company, in connection with a proposed Business Combination. The Representative has also agreed to vote the ordinary shares included in the Private Placement Units (“Private Shares“) it holds in favor of any proposed Business Combination. Notwithstanding the foregoing, a Public Shareholder, together with any affiliate of his or any other person with whom he is acting in concert or as a “group” (as defined in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (“Exchange Act”)) will be restricted from seeking conversion rights with respect to 20% or more of the ordinary shares sold in the Initial Public Offering without the prior consent of the Company. Accordingly, all shares in excess of 20% of the shares sold in the Initial Public Offering held by a holder will not be converted to cash. The Company’s Amended and Restated Memorandum and Articles of Association provides that the Company will continue in existence only until June 1, 2017 (or September 1, 2017 if the Company has entered into a letter of intent, memorandum of understanding or definitive agreement with a target business for an initial Business Combination by June 1, 2017 and an initial Business Combination has not yet been consummated by such date). If the Company has not completed an initial Business Combination by such date, it will trigger the automatic liquidation of the Trust Account and the voluntary liquidation of the Company. In such event, holders of Public Shares will share ratably in the Trust Account, including any interest not previously released to the Company, and any net assets remaining available for distribution to them after payment of liabilities. The Representative and the holders of the Insider Shares (as defined in Note 5), Private Shares, and private rights included within the Private Placement Units (the “Private Rights”) will not participate in any liquidation distribution with respect to their Insider Shares or Private Rights.

Significant Accounting Policies

Significant Accounting Policies	5 Months Ended
	Nov. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies	Note 2: - Significant Accounting Policies Basis of Presentation The accompanying balance sheet is presented in U.S. dollars and has been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC. Emerging Growth Company Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a registration statement under the Securities Act of 1933, as amended (“Securities Act”), declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. Cash and Cash Equivalents The Company considers all short-term investments with a maturity of three months or less when purchased to be cash equivalents. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. At November 30, 2015, the Company had not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts. Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature. Deferred Offering Costs Deferred offering costs consist principally of legal, underwriting fees and other costs incurred through the balance sheet date that are directly related to the Initial Public Offering and that were charged to shareholders’ equity upon the receipt of the capital raised on December 1, 2015. Loss per Share Loss per share is computed by dividing net loss by the weighted-average number of ordinary shares outstanding during the period excluding ordinary shares subject to forfeiture. Weighted average shares was reduced for the effect of an aggregate of 150,000 ordinary shares that are subject to compulsory repurchase if the over-allotment option is not exercised by the underwriters. The Company repurchased these 150,000 ordinary shares on December 4, 2015 (see Note 7). Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. Income Taxes The Company accounts for income taxes under ASC Topic 740 “Income Taxes”. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecoginition, classification, interest and penalties, accounting in interim period, disclosure and transition. The Company determined that the Cayman Islands is its only major tax jurisdiction. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s financial statements. The Company believes that its income tax positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in a material changes to its financial position. The Company’s policy for recording interest and penalties associated with audits is to record such expense as a component of income tax expense. There were no amounts accrued for penalties or interest as of November 30, 2015. Management is currently unaware of any issues under review that could result in significant payments, accruals or material deviations from its position. Recent Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.

Initial Public Offering

Initial Public Offering	5 Months Ended
	Nov. 30, 2015
Equity [Abstract]
Initial Public Offering	Note 3: - Initial Public Offering On December 1, 2015, the Company consummated the Initial Public Offering of 4,000,000 Units at $10.00 per Unit, generating net proceeds of approximately $38.2 million, net of offering costs of approximately $1.8 million, inclusive of $1.3 million of underwriting fees. Each Unit consists of one ordinary share in the Company, one right to receive one-seventh (1/7) of a share upon consummation of an initial Business Combination (“Right) and one redeemable warrant to purchase one half of one ordinary share for $11.50 per full share (“Warrant”). No fractional shares will be issued. Each Warrant entitles the holder to purchase one-half of one ordinary share at a price of $11.50 per full ordinary share commencing on the later of the Company’s completion of its initial Business Combination or November 24, 2016, and expiring five years from the completion of the Company’s initial Business Combination. The Company will not issue fractional shares. As a result, investors must exercise Warrants in multiples of two Warrants, at a price of $11.50 per full share, subject to adjustment, to validly exercise the Warrants. The Company may redeem the Warrants at a price of $0.01 per Warrant upon 30 days’ notice, only in the event that the last sale price of the ordinary shares is at least $24.00 per share for any 20 trading days within a 30-trading day period (“30-Day Trading Period”) ending on the third day prior to the date on which notice of redemption is given, provided there is a current registration statement in effect with respect to the ordinary shares underlying such Warrants commencing five business days prior to the 30-Day Trading Period and continuing each day thereafter until the date of redemption. If the Company redeems the Warrants as described above, management will have the option to require all holders that wish to exercise Warrants to do so on a “cashless basis.” In accordance with the warrant agreement relating to the Warrants sold and issued in the Initial Public Offering the Company is only required to use its best efforts to maintain the effectiveness of the registration statement covering the Warrants. If a registration statement is not effective within 90 days following the consummation of an intial Business Combination, Warrant holders may, until such time as there is an effective registration statement and during any period when the Company shall have failed to maintain an effective registration statement, exercise Warrants on a cashless basis pursuant to an available exemption from registration under the Securities Act. In the event that a registration statement is not effective at the time of exercise or no exemption is available for a cashless exercise, the holder of such Warrant shall not be entitled to exercise such Warrant for cash and in no event (whether in the case of a registration statement being effective or otherwise) will the Company be required to net cash settle the Warrant exercise. Additionally, in no event will the Company be required to net cash settle the Rights. If the Company is unable to complete an initial Business Combination within the required time period and the Company redeems the Public Shares for the funds held in the Trust Account, holders of Rights and Warrants will not receive any of such funds for their Rights and Warrants and the Rights and Warrants will expire worthless.

Private Placement

Private Placement	5 Months Ended
	Nov. 30, 2015
Equity [Abstract]
Private Placement	Note 4: - Private Placement Simultaneously with the consummation of the Initial Public Offering, the Company consummated the Private Placement of 310,000 Private Placement Units, at $10.00 per Private Placement Unit for a total purchase price of $3.1 million. Of the Private Placement Units, 265,000 were purchased by Initial Shareholders and their affiliates and designees and 45,000 were purchased by EBC. The Private Placement Units are identical to the Units sold in the Initial Public Offering except the warrants included in the Private Placement Units are non-redeemable and may be exercised on a cashless basis, in each case so long as they continue to be held by the initial purchasers or their permitted transferees. Additionally, because the warrants included in the Private Placement Units were issued in a private transaction, the holders and their transferees will be allowed to exercise such warrants for cash even if a registration statement covering the ordinary shares issuable upon exercise of such warrants is not effective and receive unregistered ordinary shares. Furthermore, the purchasers have agreed (A) to vote the Private Shares in favor of any proposed initial Business Combination, (B) not to propose, or vote in favor of, an amendment to the Company’s proposed amended and restated memorandum and articles of association to be effected prior to the completion of this offering with respect to its pre-Business Combination activities prior to the consummation of such a Business Combination unless the Company provides dissenting Public Shareholders with the opportunity to convert their Public Shares in connection with any such vote, (C) not to convert any Private Shares for cash from the Trust Account in connection with a shareholder vote to approve a proposed initial Business Combination (or sell any shares they hold to the Company in a tender offer in connection with a proposed initial Business Combination) or a vote to amend the provisions of the Company’s amended and restated memorandum and articles of association relating to shareholders’ rights or pre-Business Combination activity and (D) that the Private Shares shall not participate in any liquidating distribution upon winding up if an initial Business Combination is not consummated. The purchasers have also agreed not to transfer, assign or sell any of the Private Units or underlying securities (except to certain permitted transferees) until the completion of an initial Business Combination.

Related Party Transactions

Related Party Transactions	5 Months Ended
	Nov. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 5: - Related Party Transactions Insider Shares In July 2015, the Company issued 1,150,000 ordinary shares (the “Insider Shares”) to the Initial Shareholders for an aggregate purchase price of $25,000. The Insider Shares held by the Initial Shareholders included an aggregate of up to 150,000 shares subject to compulsory repurchase for an aggregate purchase price of $0.01 to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the Initial Shareholders would collectively own 20.0% of issued and outstanding shares after the Initial Public Offering (excluding the sale of the Private Placement Units) (see Note 7). The Insider Shares are identical to the ordinary shares included in the Units sold in the Initial Public Offering. However, the Initial Shareholders have agreed (subject to certain exceptions) (A) to vote their Insider Shares (as well as any Public Shares acquired in or after the Initial Public Offering) in favor of any proposed initial Business Combination, (B) not to propose, or vote in favor of, an amendment to the amended and restated memorandum and articles of association with respect to pre-Business Combination activities prior to the consummation of such a Business Combination unless the Company provides dissenting Public Shareholders with the opportunity to convert their Public Shares into the right to receive cash from the Trust Account in connection with any such vote, (C) not to convert any Insider Shares (as well as any other shares acquired in or after the Initial Public Offering) into the right to receive cash from the Trust Account in connection with a shareholder vote to approve a proposed initial Business Combination (or sell any shares they hold to the Company in a tender offer in connection with a proposed initial Business Combination) or a vote to amend the provisions of the amended and restated memorandum and articles of association relating to shareholders’ rights or pre-Business Combination activity and (D) that the Insider Shares shall not participate in any liquidating distribution upon winding up if a Business Combination is not consummated. Additionally, the Initial Shareholders have agreed not to transfer, assign or sell any of the Insider Shares (except to certain permitted transferees) until (1) with respect to 50% of the Insider Shares, the earlier of one year after the date of the consummation of initial Business Combination and the date on which the closing price of ordinary shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after initial Business Combination and (2) with respect to the remaining 50% of the Insider Shares, one year after the date of the consummation of initial Business Combination, or earlier, in either case, if, subsequent to initial Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of shareholders having the right to exchange their ordinary shares for cash, securities or other property. Related Party Transactions As of November 30, 2015, a director has advanced an aggregate of approximately $139,000 to cover expenses related to the Company’s formation and the Initial Public Offering. These advances were payable without interest upon the closing of the Initial Public Offering. Due to the short-term nature of the advances, the fair value of the advances approximated the carrying amount. The Company paid this amount upon consummating its initial public offering. The Company maintains its principal executive offices at office space provided at no cost by a third party affiliated with one of the Company’s directors. The Company is permitted to pay consulting fees to its officers, directors, shareholders or their affiliates for assisting the Company in consummating the initial Business Combination in an amount not to exceed an aggregate of $500,000.

Commitments and Contingencies

Commitments and Contingencies	5 Months Ended
	Nov. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 6: - Commitments and Contingencies Underwriting Agreement On November 24, 2015, the Company entered into an agreement with EBC (“Underwriting Agreement”). Pursuant to the Underwriting Agreement, the Company paid an underwriting discount of 3.25% ($1.3 million) of the gross proceeds of the Initial Public Offering to EBC. The Company has further engaged EBC to assist the Company with its initial Business Combination. Pursuant to this arrangement, the Company anticipates that EBC will assist the Company in holding meetings with shareholders to discuss the potential Business Combination and the target business’ attributes, introduce the Company to potential investors that are interested in purchasing the Company’s securities, assist the Company in obtaining shareholder approval for the Business Combination and assist the Company with its press releases and public filings in connection with the Business Combination. The Company will pay EBC a cash fee of 4% of the gross proceeds of the Initial Public Offering for such services upon the consummation of its initial Business Combination (exclusive of any applicable finders’ fees which might become payable); provided that up to 25% of the fee may be allocated at the Company’s sole discretion to one or more advisors that assist the Company in identifying and consummating an initial Business Combination. The Company will also reimburse EBC for up to $20,000 of its reasonable costs and expenses incurred by it (including reasonable fees and disbursements of counsel) in connection with the performance of its services pursuant to the agreement; provided, however, all expenses in excess of $5,000 in the aggregate shall be subject to prior written approval, which approval will not be unreasonably withheld. Unit Purchase Option The Company sold to EBC and its designees for $100, unit purchase options to purchase an aggregate of 400,000 units (the “Unit Purchase Option”). The Unit Purchase Option was granted on November 24, 2015, and is exercisable at $10.00 per unit, commencing on the later of the consummation of an initial Business Combination and November 24, 2016. The Unit Purchase Option expires on November 24, 2020. Since the option is not exercisable until the consummation of an initial Business Combination at the earliest, and the rights will result in the issuance of shares upon consummation of an initial Business Combination, the option will effectively represent the right to purchase an aggregate 457,142 ordinary shares (which includes the 57,142 ordinary shares issuable for the rights included in the units, as well as 400,000 warrants to purchase 200,000 ordinary shares for $11.50 per share). The Unit Purchase Option grants to the holders demand and “piggy back” registration rights for periods of five and seven years, respectively, from November 24, 2015 with respect to the securities directly and indirectly issuable upon exercise of the option. The Company will bear all fees and expenses attendant to registering the securities. The Company accounted for the fair value of the Unit Purchase Option, inclusive of the receipt of a $100 cash payment, as an expense of the Initial Public Offering resulting in a charge directly to shareholders’ equity. The Company estimated that the fair value of the Unit Purchase Option is approximately $2 million (or $5.01 per unit) using the Black-Scholes option-pricing model. The fair value of the Unit Purchase Option is estimated as of the date of grant using the following assumptions: (1) expected volatility of 57.71%, (2) risk-free interest rate of 1.52%, and (3) expected life of five years. The Unit Purchase Option may be exercised for cash or on a “cashless” basis, at the holder’s option, such that the holder may use the appreciated value of the Unit Purchase Option (the difference between the exercise prices of the Unit Purchase Option and the market price of the Units and underlying ordinary shares) to exercise the Unit Purchase Option without the payment of any cash. The Company will have no obligation to net cash settle the exercise of the Unit Purchase Option or underlying rights and warrants. Advisory Agreement On October 8, 2015, the Company engaged B. Riley & Co. LLC (“B. Riley”) to provide certain advisory services in connection with the Company’s initial Business Combination. In exchange for such services, the Company has agreed to pay B. Riley $250,000 in cash upon the consummation of the Initial Public Offering. The Company paid this amount on December 9, 2015. Registration Rights The Initial Shareholders and purchasers of the Private Placement Units are entitled to registration rights with respect to their securities, pursuant to an agreement dated as of November 24, 2015. The holders of the majority of the Insider Shares can elect to exercise these registration rights at any time commencing three months prior to the date on which these ordinary shares are to be released from escrow. The holders of a majority of the Private Placement Units (or underlying securities) issued in payment of working capital loans made to the Company can elect to exercise these registration rights at any time after the Company consummates an initial Business Combination. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

Shareholder's equity

Shareholder's equity	5 Months Ended
	Nov. 30, 2015
Stockholders' Equity Note [Abstract]
Shareholder's equity	Note 7: - Shareholder’s equity Preferred Shares The Company is authorized to issue 1,000,000 preferred shares with a par value of $0.0001 per share with such designation, rights and preferences as may be determined from time to time by the Company’s board of directors. As of November 30, 2015, no preferred shares are issued or outstanding. Ordinary Shares The Company is authorized to issue 100,000,000 ordinary shares with a par value of $0.0001 per share. In connection with the organization of the Company, a total of 1,150,000 ordinary shares were sold to the Initial Shareholders at a price of approximately $0.02 per share for an aggregate of $25,000. As of November 30, 2015, this number included an aggregate of up to 150,000 shares subject to repurchase to the extent that the underwriters’ over-allotment option is not exercised in full so that the Company’s Initial Shareholders will own 20% of the issued and outstanding shares (excluding shares underlying the Private Units) after the Initial Public Offering. All of these shares will be placed in escrow until (1) with respect to 50% of the Insider Shares, the earlier of one year after the date of the consummation of the initial Business Combination and the date on which the closing price of the Company’s ordinary shares equals or exceeds $12.50 per share, as adjusted, for any 20 trading days within any 30-trading day period commencing after the initial Business Combination and (2) with respect to the remaining 50% of the Insider Shares, one year after the date of the consummation of the initial Business Combination, or earlier, in either case, if, subsequent to the initial Business Combination, the Company consummates a liquidation, merger, share exchange or other similar transaction which results in all of the shareholders having the right to exchange their shares for cash, securities or other property. On December 4, 2015, the underwriter advised the Company that the over-allotment option would not be exercised. As a result, 150,000 Insider Shares were released from escrow for cancellation by the Company for an aggregate purchase price of $0.01.

Income Taxes

Income Taxes	5 Months Ended
	Nov. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 8 – Income Taxes The Company’s net deferred tax assets are as follows: As of November 30, 2015 Deferred tax assets: Net operating loss carryforwards $ 25,471 Total deferred tax assets 25,471 Valuation allowance (25,471) Deferred tax asset, net of allowance $ - The income tax provision (benefit) consists of the following: As of November 30, 2015 Federal Current $ - Deferred (19,449) State Current - Deferred (6,022) Change in valuation allowance 25,471 Income tax provision (benefit) $ - As of November 30, 2015, the Company had U.S. federal and state net operating loss carryovers (“NOLs”) of approximately $58,000 available to offset future taxable income. These NOLs expire beginning in 2035. In accordance with Section 382 of the Internal Revenue Code, deductibility of the Company’s NOLs may be subject to an annual limitation in the event of a change of control as defined under the regulations. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible. Management considers the scheduled reversal of deferred tax assets, projected future taxable income and tax planning strategies in making this assessment. After consideration of all of the information available, Management believes that significant uncertainty exists with respect to future realization of the deferred tax assets and has therefore established a full valuation allowance. For the period ended November 30, 2015 the change in valuation allowance was approximately $25,000. A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows: From July 1, 2015 November 30, 2015 Statutory U.S. federal rate (34.0)% State income tax, net of federal benefit (10.5)% Other 0.5% Change in Valuation allowance 44.0% Income taxe provision (benefit) 0.0% The Company files income tax returns in the U.S. federal jurisdiction and various state and local jurisdictions and is subject to examination by the various taxing authorities. The Company considers New York to be a significant state tax jurisdiction. The Company's federal, state and local income taxes for the year beginning in 2015 remain subject to examination.

Subsequent Event

Subsequent Event	5 Months Ended
	Nov. 30, 2015
Subsequent Events [Abstract]
Subsequent Event	Note 9: - Subsequent Event On December 4, 2015, the Company was informed by EBC that holders of the Company’s Units acquired through the Initial Public Offering and the Private Placements will be able to separately trade the ordinary shares, rights and redeemable warrants included in such Units commencing on or about December 7, 2015. The ordinary shares, rights and redeemable warrants will be listed on the NASDAQ Capital Market (“NASDAQ”) under the symbols ANDA, ANDAR and ANDAW, respectively. Units not separated will continue to be listed on NASDAQ under the symbol ANDAU.

Significant Accounting Polici16

Significant Accounting Policies (Policies)	5 Months Ended
	Nov. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying balance sheet is presented in U.S. dollars and has been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC.
Emerging Growth Company	Emerging Growth Company Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a registration statement under the Securities Act of 1933, as amended (“Securities Act”), declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with a maturity of three months or less when purchased to be cash equivalents.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of cash accounts in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. At November 30, 2015, the Company had not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature.
Deferred Offering Costs	Deferred Offering Costs Deferred offering costs consist principally of legal, underwriting fees and other costs incurred through the balance sheet date that are directly related to the Initial Public Offering and that were charged to shareholders’ equity upon the receipt of the capital raised on December 1, 2015.
Loss per Share	Loss per Share Loss per share is computed by dividing net loss by the weighted-average number of ordinary shares outstanding during the period excluding ordinary shares subject to forfeiture. Weighted average shares was reduced for the effect of an aggregate of 150,000 ordinary shares that are subject to compulsory repurchase if the over-allotment option is not exercised by the underwriters. The Company repurchased these 150,000 ordinary shares on December 4, 2015 (see Note 7).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC Topic 740 “Income Taxes”. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecoginition, classification, interest and penalties, accounting in interim period, disclosure and transition. The Company determined that the Cayman Islands is its only major tax jurisdiction. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s financial statements. The Company believes that its income tax positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in a material changes to its financial position. The Company’s policy for recording interest and penalties associated with audits is to record such expense as a component of income tax expense. There were no amounts accrued for penalties or interest as of November 30, 2015. Management is currently unaware of any issues under review that could result in significant payments, accruals or material deviations from its position.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.

Income Taxes (Tables)

Income Taxes (Tables)	5 Months Ended
	Nov. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets	The Company’s net deferred tax assets are as follows: As of November 30, 2015 Deferred tax assets: Net operating loss carryforwards $ 25,471 Total deferred tax assets 25,471 Valuation allowance (25,471) Deferred tax asset, net of allowance $ -
Schedule of income tax provision (benefit)	The income tax provision (benefit) consists of the following: As of November 30, 2015 Federal Current $ - Deferred (19,449) State Current - Deferred (6,022) Change in valuation allowance 25,471 Income tax provision (benefit) $ -
Schedule of reconciliation of the statutory federal income tax rate to effective tax rate	A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows: From July 1, 2015 (Inception) through November 30, 2015 Statutory U.S. federal rate (34.0)% State income tax, net of federal benefit (10.5)% Other 0.5% Change in Valuation allowance 44.0% Income taxe provision (benefit) 0.0%

Organization, Plan of Busines18

Organization, Plan of Business Operations (Details Narrative)	Dec. 01, 2015USD ($)$ / Unitshares	Nov. 30, 2015USD ($)
Offering costs		$ 454,149
Minimum fair market value on balance in Trust Account		80.00%
Early Bird Capital [Member]
Minimum amount of net tangible assets for business combination		$ 5,000,001
Subsequent Event [Member] | Continental Stock Transfer & Trust Company [Member]
Unit price (in dollars per unit) | $ / Unit	10.15
Total net proceeds placed in Trust Account	$ 40,600,000
Subsequent Event [Member] | Initial Public Offering [Member]
Number of units issued | shares	4,000,000
Unit price (in dollars per unit) | $ / Unit	10
Net proceeds from unit issued	$ 38,200,000
Offering costs	1,800,000
Underwriting fees	$ 1,300,000
Description of conversion terms	All shares in excess of 20% of the shares sold in the Initial Public Offering held by a holder will not be converted to cash.
Subsequent Event [Member] | Private Placement [Member]
Number of units issued | shares	310,000
Unit price (in dollars per unit) | $ / Unit	10
Net proceeds from unit issued	$ 3,100,000
Maximum amount of converted of notes	$ 500,000
Subsequent Event [Member] | Private Placement [Member] | Early Bird Capital [Member]
Number of units issued | shares	45,000
Subsequent Event [Member] | Private Placement [Member] | Initial Shareholders [Member]
Number of units issued | shares	265,000

Significant Accounting Polici19

Significant Accounting Policies (Details Narrative) - USD ($)	Dec. 04, 2015	Nov. 30, 2015
Ordinary shares subject to repurchase (in shares)		150,000
Federal depository insurance coverage		$ 250,000
Over-Allotment Option [Member] | Initial Shareholders [Member]
Number of shares subject to repurchase		150,000
Subsequent Event [Member] | Over-Allotment Option [Member] | Initial Shareholders [Member]
Number of shares subject to repurchase	150,000

Initial Public Offering (Detail

Initial Public Offering (Details Narrative)	Dec. 01, 2015USD ($)$ / shares$ / Unitshares	Nov. 30, 2015USD ($)
Class of Stock [Line Items]
Offering costs		$ 454,149
Subsequent Event [Member] | Initial Public Offering [Member]
Class of Stock [Line Items]
Number of units issued | shares	4,000,000
Unit price (in dollars per unit) | $ / Unit	10
Net proceeds from unit issued	$ 38,200,000
Offering costs	1,800,000
Underwriting fees	$ 1,300,000
Description of unit components	Each Unit consists of one ordinary share in the Company, one right to receive one-seventh (1/7) of a share upon consummation of an initial Business Combination (“Right) and one redeemable warrant to purchase one half of one ordinary share for $11.50 per full share (“Warrant”).
Warrants, redeemable, threshold of stock price (in dollars per share) | $ / shares	$ 24
Warrants, redeemable, threshold trading days	20 days
Subsequent Event [Member] | Initial Public Offering [Member] | Redeemable Warrant [Member]
Class of Stock [Line Items]
Number of each ordinary shares called | shares	0.5
Exercise price (in dollars per share) | $ / shares	$ 11.50
Expiration period	5 years
Redemption price (in dollars per share) | $ / shares	$ 0.01

Private Placement (Details Narr

Private Placement (Details Narrative) - Subsequent Event [Member] - Private Placement [Member]	Dec. 01, 2015USD ($)$ / Unitshares
Class of Stock [Line Items]
Number of units issued	310,000
Unit price (in dollars per unit) | $ / Unit	10
Net proceeds from unit issued | $	$ 3,100,000
Early Bird Capital [Member]
Class of Stock [Line Items]
Number of units issued	45,000
Initial Shareholders [Member]
Class of Stock [Line Items]
Number of units issued	265,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	1 Months Ended	5 Months Ended
	Jul. 31, 2015	Nov. 30, 2015
Related Party Transaction [Line Items]
Due to related party		$ 139,172
Consulting fees to its officers, directors, shareholders or their affiliates		$ 500,000
Initial Shareholders [Member]
Related Party Transaction [Line Items]
Number of shares issued upon new issue	1,150,000
Number of shares issued upon new issue, value	$ 25,000
Share price (in dollars per share)	$ 0.02
Description of related party transaction	(1) with respect to 50% of the Insider Shares, the earlier of one year after the date of the consummation of initial Business Combination and the date on which the closing price of ordinary shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after initial Business Combination and (2) with respect to the remaining 50% of the Insider Shares, one year after the date of the consummation of initial Business Combination, or earlier, in either case, if, subsequent to initial Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of shareholders having the right to exchange their ordinary shares for cash, securities or other property.
Initial Shareholders [Member] | Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Number of shares subject to repurchase		150,000
Share price (in dollars per share)		$ 0.01
Initial Shareholders [Member] | Initial Public Offering [Member]
Related Party Transaction [Line Items]
Percentage of ownership		20.00%
Director [Member] | Initial Public Offering [Member]
Related Party Transaction [Line Items]
Due to related party		$ 139,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Dec. 09, 2015USD ($)	Dec. 01, 2015USD ($)$ / sharesshares	Nov. 24, 2015USD ($)$ / shares$ / Unitshares
Subsequent Event [Member] | Initial Public Offering [Member]
Loss Contingencies [Line Items]
Underwriting fees		$ 1,300,000
Number of unit purchase option issued | shares		4,000,000
Redeemable Warrant [Member] | Subsequent Event [Member] | Initial Public Offering [Member]
Loss Contingencies [Line Items]
Exercise price (in dollars per share) | $ / shares		$ 11.50
B. Riley & Co. LLC [Member] | Subsequent Event [Member] | Initial Public Offering [Member]
Loss Contingencies [Line Items]
Cash payment for advisory services	$ 250,000
Underwriting Agreement [Member] | Stock Option (Unit Purchase Option) [Member]
Loss Contingencies [Line Items]
Number of unit purchase option issued | shares			400,000
Unit purchase option price			$ 100
Exercisable unit price (in dollars per unit) | $ / Unit			10
Maturity date			Nov. 24, 2020
Number of rights called | shares			57,142
Estimate fair value			$ 2,000,000
Estimate fair value (in dollars per unit) | $ / Unit			5.01
Expected volatility			57.71%
Risk-free interest rate			1.52%
Expected life			5 years
Underwriting Agreement [Member] | Stock Option (Unit Purchase Option) [Member] | Redeemable Warrant [Member]
Loss Contingencies [Line Items]
Number of rights called | shares			400,000
Exercise price (in dollars per share) | $ / shares			$ 11.50
Number of ordinary shares called | shares			200,000
Underwriting Agreement [Member] | Early Bird Capital [Member]
Loss Contingencies [Line Items]
Percentage of underwriting discount			3.25%
Underwriting fees			$ 1,300,000
Percentage of cash fee			4.00%
Percentage of finders' fee			25.00%
Reimbursement of reasonable fees and disbursements			$ 20,000
Description of restriction on reimbursement of reasonable fees and disbursements			All expenses in excess of $5,000 in the aggregate shall be subject to prior written approval, which approval will not be unreasonably withheld.

Shareholder's equity (Details N

Shareholder's equity (Details Narrative) - USD ($)	1 Months Ended	5 Months Ended
	Jul. 31, 2015	Nov. 30, 2015
Class of Stock [Line Items]
Preferred shares, authorized		1,000,000
Preferred shares, par value (in dollars per share)		$ 0.0001
Ordinary shares, authorized		100,000,000
Ordinary shares, par value (in dollars per share)		$ 0.0001
Initial Shareholders [Member]
Class of Stock [Line Items]
Number of shares issued upon new issue	1,150,000
Number of shares issued upon new issue, value	$ 25,000
Share price (in dollars per share)	$ 0.02
Description of related party transaction	(1) with respect to 50% of the Insider Shares, the earlier of one year after the date of the consummation of initial Business Combination and the date on which the closing price of ordinary shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after initial Business Combination and (2) with respect to the remaining 50% of the Insider Shares, one year after the date of the consummation of initial Business Combination, or earlier, in either case, if, subsequent to initial Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of shareholders having the right to exchange their ordinary shares for cash, securities or other property.
Initial Shareholders [Member] | Over-Allotment Option [Member]
Class of Stock [Line Items]
Number of shares subject to repurchase		150,000
Share price (in dollars per share)		$ 0.01
Initial Shareholders [Member] | Initial Public Offering [Member]
Class of Stock [Line Items]
Percentage of ownership		20.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	5 Months Ended
	Nov. 30, 2015USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 58,000
Net operating loss carryforwards expiration date	Dec. 1, 2035
Valuation allowance amount	$ (25,471)

Income Taxes (Details)

Income Taxes (Details)	Nov. 30, 2015USD ($)
Deferred tax assets:
Net operating loss carryforwards	$ 25,471
Total deferred tax assets	25,471
Valuation allowance	$ (25,471)
Deferred tax assets, net of allowance

Income Taxes (Details 1)

Income Taxes (Details 1)	5 Months Ended
	Nov. 30, 2015USD ($)
Federal
Current
Deferred	$ (19,449)
State
Current
Deferred	$ (6,022)
Change in valuation allowance	$ 25,471
Income tax provision (benefit)

Income Taxes (Details 2)

Income Taxes (Details 2)	5 Months Ended
	Nov. 30, 2015
Income Tax Disclosure [Abstract]
Statutory U.S. federal rate	(34.00%)
State income taxes, net of federal benefit	(10.50%)
Other	0.50%
Change in Valuation allowance	44.00%
Income taxe provision (benefit)	0.00%