Vantage Energy Acquisition (VEAC) 10-Q 14 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	5 Months Ended
	Jun. 30, 2017	Aug. 14, 2017
Entity Registrant Name	Vantage Energy Acquisition Corp.
Entity Central Index Key	1,698,209
Trading Symbol	VEAC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,017
Entity Filer Category	Non-accelerated Filer
Class A Common Stock
Entity Common Stock, Shares Outstanding		55,200,000
Class B Common Stock
Entity Common Stock, Shares Outstanding		13,800,000

Condensed Balance Sheet (Unaudi

Condensed Balance Sheet (Unaudited)	Jun. 30, 2017USD ($)
Current assets:
Cash	$ 1,026,281
Prepaid expenses	154,948
Total current assets	1,181,229
Cash and marketable securities held in Trust Account	552,800,409
Total assets	553,981,638
Current liabilities:
Accrued expenses	101,375
Accrued income taxes	213,000
Advances from related party	26,471
Total current liabilities	340,846
Deferred underwriting discounts and commissions	19,320,000
Total liabilities	19,660,846
Class A common stock subject to possible redemption; 52,932,079 shares (at redemption value of approximately $10.00 per share)	529,320,790
Stockholders' equity:
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital	4,584,173
Retained earnings	414,222
Total stockholders' equity	5,000,002
Total liabilities and stockholders' equity	553,981,638
Class A Common Stock
Stockholders' equity:
Common stock value	227
Total stockholders' equity	227
Class B Common Stock
Stockholders' equity:
Common stock value	1,380
Total stockholders' equity	$ 1,380

Condensed Balance Sheet (Unaud3

Condensed Balance Sheet (Unaudited) (Parenthetical)	Jun. 30, 2017$ / sharesshares
Preferred stock, par value | $ / shares	$ 0.0001
Preferred stock, shares authorized	1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Class A Common Stock
Class A common stock redemption	52,932,079
Class A common stock redemption par value | $ / shares	$ 10
Common stock, par value | $ / shares	$ 0.0001
Common stock, shares authorized	200,000,000
Common stock, shares issued	2,267,921
Common stock shares, outstanding	2,267,921
Class B common stock
Common stock, par value | $ / shares	$ 0.0001
Common stock, shares authorized	20,000,000
Common stock, shares issued	13,800,000
Common stock shares, outstanding	13,800,000

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended	5 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Income Statement [Abstract]
Revenue
EXPENSES
Administration fee - related party	26,333	26,333
Formation and operating costs	139,842	146,854
TOTAL EXPENSES	166,175	173,187
OTHER INCOME
Other income - investment income on Trust Account	800,409	800,409
TOTAL OTHER INCOME	800,409	800,409
NET INCOME BEFORE INCOME TAX PROVISION	634,234	627,222
Income tax provision	213,000	213,000
Net income attributable to common shares	$ 421,234	$ 414,222
Weighted average shares of common stock outstanding - basic	15,699,686	15,008,891
Weighted average shares of common stock outstanding - diluted	69,000,000	69,000,000
Net income per shares of common stock - basic	$ 0.03	$ 0.03
Net income per shares of common stock - diluted	$ 0.01	$ 0.01

Condensed Statement of Changes

Condensed Statement of Changes in Stockholders' Equity (Unaudited) - 5 months ended Jun. 30, 2017 - USD ($)		Total	Class A Common Stock	Class B Common Stock	Additional Paid-in Capital	Retained Earnings
Balances at Feb. 07, 2017
Balances, shares at Feb. 07, 2017
Sale of Class B common stock to Sponsor	[1]	$ 25,000		$ 1,380	23,620
Sale of Class B common stock to Sponsor, shares	[1]			13,800,000
Sale of Units in Public Offering		552,000,000	$ 5,520		551,994,480
Sale of Units in Public Offering, shares			55,200,000
Underwriters' discount and offering expenses		(31,158,430)			(31,158,430)
Underwriters' discount and offering expenses, shares
Sale of 8,693,333 Private Placement Warrants at $1.50 per warrant		13,040,000			13,040,000
Sale of 8,693,333 Private Placement Warrants at $1.50 per warrant, shares
Shares subject to possible redemption		(529,320,790)	$ (5,293)		(529,315,497)
Shares subject to possible redemption, shares			(52,932,079)
Net income		414,222				414,222
Balances at Jun. 30, 2017		$ 5,000,002	$ 227	$ 1,380	$ 4,584,173	$ 414,222
Balances, shares at Jun. 30, 2017			2,267,921	13,800,000
[1]	This number has been retroactively restated to reflect the stock dividend of 2,300,000 shares on April 10, 2017 (see Note 4).

Condensed Statement of Changes6

Condensed Statement of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - USD ($)	Apr. 10, 2017	Jun. 30, 2017
Statement of Stockholder's Equity [Abstract]
Sale of private placement warrants		$ 8,693,333
Sale of private placement warrants price per share		$ 1.50
Stock dividend, shares	2,300,000

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows (Unaudited)	5 Months Ended
	Jun. 30, 2017USD ($)
Cash Flows From Operating Activities:
Net income	$ 414,222
Adjustments to reconcile net income to net cash used in operating activities:
Investment income earned on marketable securities held in Trust Account	(800,409)
Changes in operating assets and liabilities:
Prepaid expenses	(154,948)
Accrued expenses	101,375
Accrued income taxes	213,000
Net Cash Used In Operating Activities	(226,760)
Cash Flows From Investing Activities:
Cash deposited into Trust Account	(552,000,000)
Net Cash Used In Investing Activities	(552,000,000)
Cash Flows From Financing Activities:
Proceeds from issuance of Class A common stock	552,000,000
Proceeds from sale of Private Placement Warrants	13,040,000
Payment of underwriter discounts and commissions	(11,040,000)
Payment of offering costs	(311,342)
Payment to related party for offering costs paid on behalf of the Company	(487,088)
Proceeds from issuance of Class B common stock to Sponsor	25,000
Proceeds from Sponsor note	207,277
Payment of Sponsor note	(207,277)
Due to related party	26,471
Net Cash Provided By Financing Activities	553,253,041
Net increase in cash	1,026,281
Cash at beginning of period
Cash at end of period	1,026,281
Supplemental disclosure of financing activities:
Payment to related party for general and administrative expenses on behalf of the Company	200,261
Deferred underwriters' discounts and commissions	19,320,000
Common stock subject to possible redemption	$ 529,320,790

Description of Organization and

Description of Organization and Business Operations	5 Months Ended
	Jun. 30, 2017
Description of Organization and Business Operations [Abstract]
Description of Organization and Business Operations	Note 1. Description of Organization and Business Operations Organization and General Vantage Energy Acquisition Corp. (the “ Company Initial Business Combination Securities Act JOBS Act At June 30, 2017, the Company had not commenced any operations. All activity for the period from February 8, 2017 (date of inception) through June 30, 2017 relates to the Company’s formation and the initial public offering (“ Public Offering Units Private Placement Warrants Sponsor Overallotment Units On April 19, 2017, the Company consummated the closing of the sale of 7,200,000 additional Units at a price of $10.00 per Unit subsequent to receiving notice of the underwriters’ election to fully exercise their overallotment option, generating additional gross proceeds of approximately $72,000,000 and incurred additional offering costs of approximately $1,440,000 in underwriting discounts and commissions. Simultaneously with the closing of the overallotment, the Company consummated the private placement of an additional 960,000 Private Placement Warrants to the Sponsor, generating gross proceeds of approximately $1,440,000. The Company will not generate any operating revenues until after completion of its Initial Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Public Offering. The Company has selected December 31 st Sponsor The Company’s sponsor is NGP Vantage Energy LLC, a Delaware limited liability company. The Company intends to finance its Initial Business Combination with proceeds from the Public Offering (Note 3) and the private placements of the Private Placement Warrants (Note 4). Upon the closings of the Public Offering, the sale of the Overallotment Units and the private placements of the Private Placement Warrants, approximately $552,000,000 was placed in a trust account (the “ Trust Account The registration statement for the Company’s Public Offering (as described in Note 3) was declared effective by the United States Securities and Exchange Commission (the “ SEC Trust Account The proceeds held in the Trust Account will be invested only in U.S. government treasury bills with a maturity of one hundred eighty (180) days or less or in money market funds that meet certain conditions under Rule 2a-7 under the Investment Company Act of 1940 and that invest only in direct U.S. government obligations. Funds will remain in the Trust Account until the earlier of (i) the consummation of the Initial Business Combination or (ii) the distribution of the Trust Account proceeds as described below. The remaining proceeds outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses. The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, if any, none of the funds held in the Trust Account will be released until the earlier of: (i) the completion of the Initial Business Combination; (ii) the redemption of any shares of Class A common stock included in the Units (the “ Public Shares Initial Business Combination The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Public Offering, although substantially all of the net proceeds of the Public Offering are intended to be generally applied toward consummating an Initial Business Combination. The Initial Business Combination must occur with one or more target businesses that together have an aggregate fair market value of at least 80% of the assets held in the Trust Account (excluding the deferred underwriting discounts and commissions and taxes payable on income earned on the Trust Account) at the time of the agreement to enter into the Initial Business Combination. Furthermore, there is no assurance that the Company will be able to successfully effect an Initial Business Combination. The Company, after signing a definitive agreement for an Initial Business Combination, will either (i) seek stockholder approval of the Initial Business Combination at a meeting called for such purpose in connection with which stockholders may seek to redeem their shares, regardless of whether they vote for or against the Initial Business Combination, for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest but less taxes payable, or (ii) provide stockholders with the opportunity to sell their Public Shares to the Company by means of a tender offer (and thereby avoid the need for a stockholder vote) for an amount in cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest but less taxes payable. The decision as to whether the Company will seek stockholder approval of the Initial Business Combination or will allow stockholders to sell their Public Shares in a tender offer will be made by the Company, solely in its discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require the Company to seek stockholder approval, unless a vote is required by law or under NASDAQ rules. If the Company seeks stockholder approval, it will complete its Initial Business Combination only if a majority of the outstanding shares of common stock voted are voted in favor of the Initial Business Combination. However, in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001. In such case, the Company would not proceed with the redemption of its Public Shares and the related Initial Business Combination, and instead may search for an alternate Initial Business Combination. If the Company holds a stockholder vote or there is a tender offer for shares in connection with an Initial Business Combination, a public stockholder will have the right to redeem its shares for an amount in cash equal to its pro rata share of the aggregate amount then on deposit in the Trust Account as of two business days prior to the consummation of the Initial Business Combination, including interest but less taxes payable. As a result, such shares of Class A common stock are recorded at redemption amount and classified as temporary equity upon the completion of the Public Offering, in accordance with the Financial Accounting Standards Board (“ FASB ASC Distinguishing Liabilities from Equity Pursuant to the Company’s amended and restated certificate of incorporation, if the Company is unable to complete the Initial Business Combination within 24 months from the closing of the Public Offering, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than ten business days thereafter subject to lawfully available funds therefor, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to us to pay the Company’s franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any Founder Shares (as defined below) held by them if the Company fails to complete the Initial Business Combination within 24 months of the closing of the Public Offering. However, if the Sponsor or any of the Company’s directors, officers or affiliates acquires shares of Class A common stock in or after the Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such shares if the Company fails to complete the Initial Business Combination within the prescribed time period. In the event of a liquidation, dissolution or winding up of the Company after an Initial Business Combination, the Company’s stockholders are entitled to share ratably in all assets remaining available for distribution to them after payment of liabilities and after provision is made for each class of stock, if any, having preference over the common stock. The Company’s stockholders have no preemptive or other subscription rights. There are no sinking fund provisions applicable to the common stock, except that the Company will provide its stockholders with the opportunity to redeem their Public Shares for cash equal to their pro rata share of the aggregate amount then on deposit in the Trust Account, upon the completion of the Initial Business Combination, subject to the limitations described herein.

Summary of Significant Accounti

Summary of Significant Accounting Policies	5 Months Ended
	Jun. 30, 2017
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited interim condensed financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2017 and the results of operations and cash flows for the periods presented. Certain information and disclosures normally included in financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. Interim results are not necessarily indicative of results for a full year. The accompanying unaudited interim condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the final prospectus filed by the Company with the SEC on April 12, 2017 and with the audited balance sheet included in the Form 8-K filed by the Company with the SEC on April 21, 2017 and the unaudited pro forma balance sheet included in the Form 8-K filed by the Company with the SEC on April 25, 2017. 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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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 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. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Net Income Per Common Share Net income per common share is computed by dividing net income applicable to common stockholders by the weighted average number of common shares outstanding during the period, plus, to the extent dilutive, the incremental number of shares of common stock to settle warrants, as calculated using the treasury stock method. An aggregate of 52,932,079 shares of Class A ordinary shares subject to possible redemption at June 30, 2017, have been excluded from the calculation of basic income per ordinary share since such shares, if redeemed, only participate in their pro rata share of the trust earnings. The Company has not considered the effect of the warrants sold in the Public Offering (including the consummation of the over-allotment) and Private Placement to purchase an aggregate of 27,093,333 shares of the Company’s class A ordinary shares in the calculation of diluted income per share, since their inclusion would be anti-dilutive. The Company did not utilize the two-class method to compute earnings per share as holders of Class A common stock and Class B common stock share equally in the losses of the Company. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and Marketable Securities held in Trust Account The amounts held in the Trust Account represent proceeds from the Public Offering and the private placements of Private Placement Warrants of $552,000,000 which were invested in a money market instrument that invests in United States Treasury Securities with original maturities of six months or less and are classified as restricted assets because such amounts can only be used by the Company in connection with the consummation of an Initial Business Combination. As of June 30, 2017, cash and marketable securities held in the Trust Account had a fair value of $45,120 and $552,755,289, respectively. At June 30, 2017, there was $800,409 of investment income held in the Trust Account available to be released to the Company to pay taxes. Redeemable Common Stock As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A Common Stock under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A Common Stock shall be affected by charges against additional paid in capital. Accordingly, at June 30, 2017, 52,932,079 of the 55,200,000 shares of Class A Common Stock included in the Units were classified outside of permanent equity at their redemption value. 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. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts. Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under FASB ASC 820, “ Fair Value Measurements and Disclosures Use of Estimates The preparation of the financial statements in conformity with GAAP requires the Company’s 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 and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. Offering Costs The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “ Income Taxes FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions 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. There were no unrecognized tax benefits as of June 30, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2017. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. During the three months ended June 30, 2017 and the period from February 8, 2017 (date of inception) to June 30, 2017, the Company recorded income tax expense of approximately $213,000, primarily related to interest income earned on the Trust Account. The Company's effective tax rate for the three months ended June 30, 2017 and the period from February 8, 2017 (date of inception) to June 30, 2017, was 34% which does not differ significantly from the expected income tax rate. Related Parties The Company follows subtopic ASC 850-10 for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20, the related parties include: (a) affiliates of the Company (“Affiliate” means, with respect to any specified person, any other person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with such person, as such terms are used in and construed under Rule 405 under the Securities Act); (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date for potential recognition or disclosure. Any material events that occur between the balance sheet date and the date that the financial statements were issued are disclosed as subsequent events, while the financial statements are adjusted to reflect any conditions that existed at the balance sheet date. Recent Accounting Pronouncements The Company’s management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have an effect on the Company’s financial statements.

Public Offering

Public Offering	5 Months Ended
	Jun. 30, 2017
Public Offering [Abstract]
Public Offering	Note 3. Public Offering In April 2017, the Company closed its Public Offering of 55,200,000 Units at a price of $10.00 per Unit, with gross proceeds of $552,000,000 from the sale of Units. The closings occurred on April 17, 2017 with respect to 48,000,000 Units and on April 19, 2017 with respect to 7,200,000 Units related to the exercise of the underwriters’ overallotment option. Each Unit consists of one share of the Company’s Class A common stock, $0.0001 par value, and one-third of one warrant (each, a “ Warrant Warrants Simultaneous with the closing of the Public Offering on April 17, 2017, the Sponsor purchased an aggregate of 7,733,333 private placement warrants at a price of $1.50 per whole warrant (approximately $11,600,000 in the aggregate) in a private placement (the “ Private Placement Warrants Upon full exercise of the underwriters’ overallotment option, the Company incurred additional offering costs of approximately $1,440,000 in underwriting discounts and commissions. Simultaneously with the closing of the overallotment, the Company consummated the private placement of an additional 960,000 Private Placement Warrants to the Sponsor, generating gross proceeds of approximately $1,440,000. The Company paid underwriting discounts and commissions of 2.0% of the per Unit offering price to the underwriters at the closing of the Public Offering, with an additional fee (the “ Deferred Discount

Related Party Transactions

Related Party Transactions	5 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Note 4. Related Party Transactions Founder Shares In February 2017, the Sponsor purchased 11,500,000 shares of Class B common stock (the “ Founder Shares The Founder Shares are identical to the Class A common stock included in the Units sold in the Public Offering except that the Founder Shares are shares of Class B common stock which automatically convert into shares of Class A common stock at the time of the Company’s Initial Business Combination and are subject to certain transfer restrictions, as described in more detail below. The initial stockholders agreed to forfeit up to 1,500,000 Founder Shares to the extent that the over-allotment option was not exercised in full by the underwriters so that the initial stockholders would own 20.0% of the Company’s issued and outstanding shares after the Public Offering. As described above, the underwriters exercised their over-allotment option in full and therefore none of the Founder Shares were forfeited. The Company’s initial stockholders agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares until the earlier to occur of: (A) one year after the completion of the Initial Business Combination or (B) subsequent to the Initial Business Combination, (x) if the last sale price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of common stock for cash, securities or other property. In April 2017, the Company effected a stock dividend of 2,300,000 Class B shares, resulting in the initial stockholders holding an aggregate of 13,800,000 Founder Shares. The stock dividend also adjusted the shares subject to forfeiture from 1,500,000 to 1,800,000, to the extent that the overallotment option was not exercised in full by the underwriters so that the Founder Shares would represent 20.0% of the Company’s issued and outstanding shares after the Public Offering. As described above, the underwriters exercised their over-allotment option in full and therefore none of the Founder Shares were forfeited. On April 10, 2017, the Sponsor transferred an aggregate of 80,000 Founder Shares to our independent directors at their original purchase price. Private Placement Warrants Upon the closing of the Public Offering on April 17, 2017 and April 19, 2017, the Sponsor purchased an aggregate of 8,693,333 Private Placement Warrants at a price of $1.50 per whole warrant (approximately $13,040,000 in the aggregate) in a private placement that occurred simultaneously with the closing of the Public Offering. Each whole Private Placement Warrant is exercisable for one whole share of the Company’s Class A common stock at a price of $11.50 per share. A portion of the purchase price of the Private Placement Warrants was added to the proceeds from the Public Offering held in the Trust Account. If the Initial Business Combination is not completed within 24 months from the closing of the Public Offering, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. The Private Placement Warrants will be non-redeemable and exercisable on a cashless basis so long as they are held by the Sponsor or its permitted transferees. The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the Initial Business Combination. Forward Purchase Agreement On April 10, 2017, the Company entered into forward purchase agreement pursuant to which the Sponsor agreed to purchase an aggregate of up to 40,000,000 shares of Class A common stock, plus an aggregate of 13,333,333 warrants, for a purchase price of $10.00 per forward purchase unit, or an aggregate purchase price of up to $400,000,000, in a private placement that will close simultaneously with the closing of the Business Combination. The forward purchase warrants will have the same terms as the Private Placement Warrants so long as they are held by the Sponsor or its permitted transferees, and the forward purchase shares will be identical to the shares of Class A common stock included in the units sold in the Public Offering, except that the forward purchase shares will be subject to transfer restrictions and certain registration rights. Any forward purchase warrant held by a holder other than the Sponsor or its permitted transferees will have the same terms as the warrants included in the units sold in the Public Offering. Registration Rights The holders of Founder Shares, Private Placement Warrants and Warrants that may be issued upon conversion of working capital loans, if any, will be entitled to registration rights (in the case of the Founder Shares, only after conversion of such shares to shares of Class A common stock) pursuant to a registration rights agreement signed on April 10, 2017. These holders will be entitled to certain demand and “piggyback” registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable lock-up period for the securities to be registered. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Related Party Loans On February 14, 2017, the Sponsor agreed to loan the Company an aggregate of up to $200,000 to cover expenses related to the Public Offering pursuant to an unsecured promissory note (the “Note”). This loan was non-interest bearing and payable on the earlier of June 30, 2017 or the completion of the Public Offering. During the period February 14, 2017 to June 30, 2017, the Sponsor paid costs associated with the Public Offering in an aggregate of approximately $200,000 under the promissory note. An additional $7,277 was advanced on behalf of the Company related to the offering. Upon closing of the Offering, the Company paid $207,277 in settlement of the Note and additional costs. Advances from Related Party An affiliate of the Company’s executive officers paid certain administrative expenses and offering costs on behalf of the Company. These advances are due on demand and are non-interest bearing. During the period February 14, 2017 to June 30, 2017, the affiliate paid $687,349 of offering costs and other expenses on behalf of the Company, which comprised of $487,088 in offering cost and $200,261 in other expenses. As of June 30, 2017, the amount due to the related party was $26,471 and is presented as “Advances from related party” on the accompanying condensed balance sheet. Administrative Support Agreement The Company, commencing on April 11, 2017, has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial support and administrative services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. The Company paid the Sponsor $26,333 for such services for the three months ended June 30, 2017 and for the period February 8, 2017 (date of inception) to June 30, 2017, respectively.

Deferred Underwriting Discounts

Deferred Underwriting Discounts and Commission	5 Months Ended
	Jun. 30, 2017
Deferred Underwriting Discounts and Commission [Abstract]
Deferred Underwriting Discounts and Commission	Note 5. Deferred Underwriting Discounts and Commission The Company is committed to pay the Deferred Discount of 3.5% of the gross proceeds of the Public Offering, or $19,320,000, to the underwriters upon the Company’s completion of an Initial Business Combination. The underwriters are not entitled to receive any of the interest earned on Trust Account funds that would be used to pay the Deferred Discount, and no Deferred Discount is payable to the underwriters if an Initial Business Combination is not completed within 24 months after the Public Offering.

Stockholders' Equity

Stockholders' Equity	5 Months Ended
	Jun. 30, 2017
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 6. Stockholders’ Equity Common Stock The authorized common stock of the Company includes up to 200,000,000 shares of Class A Common Stock and 20,000,000 shares of Class B Common Stock. If the Company enters into an Initial Business Combination, it may (depending on the terms of such an Initial Business Combination) be required to increase the number of shares of Class A Common Stock which the Company is authorized to issue at the same time as the Company’s stockholders vote on the Initial Business Combination to the extent the Company seeks stockholder approval in connection with the Initial Business Combination. Holders of the Company’s common stock are entitled to one vote for each share of common stock. At June 30, 2017, there were 55,200,000 shares of Class A Common Stock, of which 52,932,079 were classified outside of permanent equity, and 13,800,000 shares of Class B Common Stock issued and outstanding. Preferred Stock The Company is authorized to issue 1,000,000 shares of preferred stock with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. At June 30, 2017, there were no shares of preferred stock issued or outstanding.

Fair Value Measurements

Fair Value Measurements	5 Months Ended
	Jun. 30, 2017
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 7. Fair Value Measurements The following table presents information about the Company’s assets that are measured on a recurring basis as of June 30, 2017 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities. Fair values determined by Level 2 inputs utilize data points that are observable, such as quoted prices, interest rates and yield curves. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability, and includes situations where there is little, if any, market activity for the asset or liability. Description June 30, Quoted Significant Significant Cash and Investments held in Trust Account $ 552,800,409 $ 552,800,409 $ — $ —

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	5 Months Ended
	Jun. 30, 2017
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the financial position as of June 30, 2017 and the results of operations and cash flows for the periods presented. Certain information and disclosures normally included in financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. Interim results are not necessarily indicative of results for a full year. The accompanying unaudited interim condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the final prospectus filed by the Company with the SEC on April 12, 2017 and with the audited balance sheet included in the Form 8-K filed by the Company with the SEC on April 21, 2017 and the unaudited pro forma balance sheet included in the Form 8-K filed by the Company with the SEC on April 25, 2017.
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 Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended) 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 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. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.
Net Income Per Common Share	Net Income Per Common Share Net income per common share is computed by dividing net income applicable to common stockholders by the weighted average number of common shares outstanding during the period, plus, to the extent dilutive, the incremental number of shares of common stock to settle warrants, as calculated using the treasury stock method. An aggregate of 52,932,079 shares of Class A ordinary shares subject to possible redemption at June 30, 2017, have been excluded from the calculation of basic income per ordinary share since such shares, if redeemed, only participate in their pro rata share of the trust earnings. The Company has not considered the effect of the warrants sold in the Public Offering (including the consummation of the over-allotment) and Private Placement to purchase an aggregate of 27,093,333 shares of the Company’s class A ordinary shares in the calculation of diluted income per share, since their inclusion would be anti-dilutive. The Company did not utilize the two-class method to compute earnings per share as holders of Class A common stock and Class B common stock share equally in the losses of the Company.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
Cash and Marketable Securities held in Trust Account	Cash and Marketable Securities held in Trust Account The amounts held in the Trust Account represent proceeds from the Public Offering and the private placements of Private Placement Warrants of $552,000,000 which were invested in a money market instrument that invests in United States Treasury Securities with original maturities of six months or less and are classified as restricted assets because such amounts can only be used by the Company in connection with the consummation of an Initial Business Combination. As of June 30, 2017, cash and marketable securities held in the Trust Account had a fair value of $45,120 and $552,755,289, respectively. At June 30, 2017, there was $800,409 of investment income held in the Trust Account available to be released to the Company to pay taxes.
Redeemable Common Stock	Redeemable Common Stock As discussed in Note 1, all of the 55,200,000 Public Shares contain a redemption feature which allows for the redemption of Class A Common Stock under the Company’s liquidation or tender offer/stockholder approval provisions. In accordance with FASB ASC 480, redemption provisions not solely within the control of the Company require the security to be classified outside of permanent equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of FASB ASC 480. Although the Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable shares of Class A Common Stock shall be affected by charges against additional paid in capital. Accordingly, at June 30, 2017, 52,932,079 of the 55,200,000 shares of Class A Common Stock included in the Units were classified outside of permanent equity at their redemption value.
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. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.
Financial Instruments	Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under FASB ASC 820, “ Fair Value Measurements and Disclosures
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires the Company’s 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 and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.
Offering Costs	Offering Costs The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering
Income Taxes	Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “ Income Taxes FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions 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. There were no unrecognized tax benefits as of June 30, 2017. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties at June 30, 2017. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. During the three months ended June 30, 2017 and the period from February 8, 2017 (date of inception) to June 30, 2017, the Company recorded income tax expense of approximately $213,000, primarily related to interest income earned on the Trust Account. The Company's effective tax rate for the three months ended June 30, 2017 and the period from February 8, 2017 (date of inception) to June 30, 2017, was 34% which does not differ significantly from the expected income tax rate.
Related Parties	Related Parties The Company follows subtopic ASC 850-10 for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20, the related parties include: (a) affiliates of the Company (“Affiliate” means, with respect to any specified person, any other person that, directly or indirectly through one or more intermediaries, controls, is controlled by or is under common control with such person, as such terms are used in and construed under Rule 405 under the Securities Act); (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.
Subsequent Events	Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date for potential recognition or disclosure. Any material events that occur between the balance sheet date and the date that the financial statements were issued are disclosed as subsequent events, while the financial statements are adjusted to reflect any conditions that existed at the balance sheet date.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company’s management does not believe that any recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have an effect on the Company’s financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	5 Months Ended
	Jun. 30, 2017
Fair Value Measurements [Abstract]
Summary of fair values determined by Level 3 inputs are unobservable data points for the asset or liability	Description June 30, Quoted Significant Significant Cash and Investments held in Trust Account $ 552,800,409 $ 552,800,409 $ — $ —

Description of Organization a17

Description of Organization and Business Operations (Details) - USD ($)	1 Months Ended			5 Months Ended
	Apr. 19, 2017	Apr. 17, 2017	Feb. 14, 2017	Jun. 30, 2017	Apr. 30, 2017
Description of Organization and Business Operations (Textual)
Proceeds from initial public offering of units				$ 7,277
Proceeds from sale of private placement warrants				$ 13,040,000
Description of initial business combination				Initial Business Combination is not completed within 24 months after the Public Offering.
Aggregate purchase price per unit				$ 1.50
Number of underwriters shares purchased			11,500,000
Over Allotment Option [Member]
Description of Organization and Business Operations (Textual)
Proceeds from sale of private placement warrants	$ 72,000,000
Number of underwriters shares purchased	7,200,000
Additional offering costs of underwriting discounts and commissions	$ 1,440,000
Additional private placement warrants to sponsor, shares	960,000
Additional gross proceeds private placement warrants	$ 1,440,000
Sale of additional price per unit	$ 10
Public Offering (Member)
Description of Organization and Business Operations (Textual)
Outstanding of public offering		48,000,000
Pubilc offering per unit		$ 10
Aggregate purchase price per unit					$ 10
Initial Business Combination [Member]
Description of Organization and Business Operations (Textual)
Net tangible assets				$ 5,000,001
Interest paid to dissolution expenses				$ 100,000
Initial business combination, period				24 months
Trust Account [Member]
Description of Organization and Business Operations (Textual)
Description of initial business combination				Trust Account will be released until the earlier of: (i) the completion of the Initial Business Combination; (ii) the redemption of any shares of Class A common stock included in the Units (the "Public Shares") sold in the Public Offering that have been properly tendered in connection with a stockholder vote to amend the Company's amended and restated certificate of incorporation to affect the substance or timing of its obligation to redeem 100% of such shares of Class A common stock if it does not complete the Initial Business Combination within 24 months from the closing of the Public Offering; and (iii) the redemption of 100% of the shares of Class A common stock included in the Units sold in the Public Offering if the Company is unable to complete an Initial Business Combination within 24 months from the closing of the Public Offering (subject to the requirements of law).
U.S. government treasury bills maturity				180 days
Trust Account [Member] | Initial Business Combination [Member]
Description of Organization and Business Operations (Textual)
Percentage of fair market value of assets held				80.00%
Sponsor [Member]
Description of Organization and Business Operations (Textual)
Aggregate purchase price per unit		$ 1.50
Additional private placement warrants to sponsor, shares		7,733,333
Additional gross proceeds private placement warrants		$ 11,600,000
Sponsor [Member] | Trust Account [Member]
Description of Organization and Business Operations (Textual)
Proceeds from sale of private placement warrants				$ 552,000,000

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Details)	3 Months Ended	5 Months Ended
	Jun. 30, 2017USD ($)shares	Jun. 30, 2017USD ($)shares
Summary of Significant Accounting Policies (Textual)
Offering costs	$ 31,158,430	$ 31,158,430
Federal depository insurance		250,000
Proceeds from public offering and private placement warrants		552,000,000
Investment income in trust account		$ 800,409
Redemption of public shares, description		The Company has not specified a maximum redemption threshold, its amended and restated certificate of incorporation provides that in no event will the Company redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001.
Professional, printing and other costs		$ 311,342
Deferred underwriting fee payable	19,320,000	19,320,000
Underwriting discounts		30,360,000
Income tax expense	$ 213,000	$ 213,000
Effective income tax rate	34.00%	34.00%
Cash held in Trust Account	$ 45,120	$ 45,120
Marketable securities held in Trust Account	$ 552,755,289	$ 552,755,289
Class A Common Stock [Member]
Summary of Significant Accounting Policies (Textual)
Shares subject to possible redemption, shares | shares		(52,932,079)
Sale of class A common stock to public, shares | shares		55,200,000
Class A common stock redemption | shares	52,932,079	52,932,079
Purchase of Company's class A ordinary shares | shares		27,093,333

Public Offering (Details)

Public Offering (Details) - USD ($)	1 Months Ended			5 Months Ended
	Apr. 30, 2017	Apr. 19, 2017	Apr. 17, 2017	Jun. 30, 2017
Public Offering (Textual)
Gross proceeds and sale of units			48,000,000
Gross proceeds				$ 25,000
Sale of private placement warrants price per share				$ 1.50
Underwriting discount rates				2.00%
Additional fees for deferred discount				3.50%
Warrant price		$ 1.50	$ 1.50
Trading days description				If the last sale price of the Company's Class A common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sent the notice of redemption to the Warrant holders.
Sponsor [Member]
Public Offering (Textual)
Sale of private placement warrants price per share			$ 1.50
Additional private placement warrants to sponsor, shares			7,733,333
Additional gross proceeds private placement warrants			$ 11,600,000
Class A common stock [Member]
Public Offering (Textual)
Sale of private placement warrants price per share				$ 11.50
Common stock par value				0.0001
Warrant price				$ 0.01
Public Offering (Member)
Public Offering (Textual)
Gross proceeds and sale of units	55,200,000
Gross proceeds	$ 552,000,000
Sale of private placement warrants price per share	$ 10
Overallotment option[Member]
Public Offering (Textual)
Gross proceeds and sale of units		7,200,000
Additional offering costs of underwriting discounts and commissions		$ 1,440,000
Additional private placement warrants to sponsor, shares		960,000
Additional gross proceeds private placement warrants		$ 1,440,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Apr. 11, 2017	Apr. 10, 2017	Apr. 30, 2017	Apr. 19, 2017	Apr. 17, 2017	Feb. 28, 2017	Feb. 14, 2017	Jun. 30, 2017	Jun. 30, 2017
Related Party Transactions (Textual)
Number of shares capitalized							11,500,000
Aggregate purchase price per unit								$ 1.50	$ 1.50
Initial business combination, description						(A) one year after the completion of the Initial Business Combination or (B) subsequent to the Initial Business Combination, (x) if the last sale price of the Company's Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company's stockholders having the right to exchange their shares of common stock for cash, securities or other property.
Warrant exercise price				$ 1.50	$ 1.50
Aggregate warrants purchased from sponsor				8,693,333	8,693,333
Aggregate warrants value				$ 13,040,000	$ 13,040,000
Warrant, description				Each whole Private Placement Warrant is exercisable for one whole share of the Company's Class A common stock at a price of $11.50 per share.	Each whole Private Placement Warrant is exercisable for one whole share of the Company's Class A common stock at a price of $11.50 per share.
Aggregate loan amount							$ 200,000
Sponsor paid costs under promissory note								$ 200,000	$ 200,000
Additional amount related to offering									7,277
Sponsor amount per month	$ 10,000
Other expenses								166,175	200,261
Offering costs									487,088
Advances from related party								26,471	26,471
Additional paid settlement costs									207,277
Stock dividend of Class B shares			2,300,000
Aggregate of founder shares		80,000	13,800,000
Percentage of founder shares issued and outstanding			20.00%
Administration fee paid the sponsor								26,333	26,333
Affiliate paid of offering costs and other expenses									687,349
Maximum [Member]
Related Party Transactions (Textual)
Stock dividend subject to forfeiture shares			1,800,000
Minimum [Member]
Related Party Transactions (Textual)
Stock dividend subject to forfeiture shares			1,500,000
Class B Common Stock [Member]
Related Party Transactions (Textual)
Number of shares capitalized						11,500,000
Founder shares, value						$ 25,000
Aggregate purchase price per unit						$ 0.002
Executive officer [Member]
Related Party Transactions (Textual)
Advances from related party								$ 26,471	$ 26,471
Overallotment option [Member]
Related Party Transactions (Textual)
Number of shares capitalized				7,200,000
Public offering shares forfeited						1,500,000
Percentage of issued and outstanding shares						20.00%
Forward purchase agreement [Member]
Related Party Transactions (Textual)
Number of shares capitalized		40,000,000
Founder shares, value		$ 400,000,000
Warrant exercise price		$ 10
Aggregate warrants purchased from sponsor		13,333,333

Deferred Underwriting Discoun21

Deferred Underwriting Discounts and Commission (Details)	5 Months Ended
	Jun. 30, 2017USD ($)
Deferred Underwriting Commission (Textual)
Deferred underwriting fee payable	$ 19,320,000
Description of initial business combination	Initial Business Combination is not completed within 24 months after the Public Offering.
Committed payment of deferred discount rate	3.50%

Stockholders' Equity (Details)

Stockholders' Equity (Details) - shares	1 Months Ended			5 Months Ended
	Apr. 19, 2017	Feb. 28, 2017	Feb. 14, 2017	Jun. 30, 2017
Stockholder's Equity (Textual)
Preferred stock, shares authorized				1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Number of shares capitalized			11,500,000
Overallotment option[Member]
Stockholder's Equity (Textual)
Number of shares capitalized	7,200,000
Class A Common Stock [Member]
Stockholder's Equity (Textual)
Common stock, shares authorized				200,000,000
Common stock, shares issued				2,267,921
Common stock shares, outstanding				2,267,921
Number of shares capitalized				55,200,000
Class A common stock redemption				52,932,079
Class B Common Stock [Member]
Stockholder's Equity (Textual)
Common stock, shares authorized				20,000,000
Common stock, shares issued				13,800,000
Common stock shares, outstanding				13,800,000
Number of shares capitalized		11,500,000

Fair Value Measurements (Detail

Fair Value Measurements (Details)	Jun. 30, 2017USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Investments held in Trust Account	$ 552,800,409
Quoted Prices in Active Markets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Investments held in Trust Account	552,800,409
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Investments held in Trust Account
Significant Other Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Investments held in Trust Account