Item 7.01 Regulation FD Disclosure.
Effective as of October 31, 2018, the Company signed anon-binding letter of intent with a private company that sets forth the preliminary terms and conditions of a potential business combination. As a result, pursuant to the provisions of the Company’s seconded amended and restated certificate of incorporation, the Company has until February 17, 2019 to consummate its business combination. There can be no assurance that the parties will enter into definitive agreements or that the parties will consummate the transactions contemplated by thenon-binding letter of intent. If the Company does not consummate a business combination on or before February 17, 2019, it would distribute the proceeds held in trust to its shareholders in accordance with its amended and restated certificate of incorporation.
Information Concerning Forward-Looking Statements
The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “would,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report, and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, including the Company’s ability to enter into definitive agreements relating to, or to complete, the business combination contemplated by thenon-binding letter of intent described above; and other risks and uncertainties set forth in our reports filed with the Securities and Exchange Commission from time to time. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise