we intend to effectuate our initial business combination using cash from the proceeds of our initial public offering and a sale of warrants in a private placement that occurred simultaneously with the completion of our initial public offering , our capital stock , debt or a combination of cash , stock and debt . the issuance of additional shares of our stock in our initial business combination : ø may significantly dilute the equity interest of our stockholders ; ø may subordinate the rights of holders of common stock if preferred stock is issued with rights senior to those afforded to our common stock ; ø could cause a change of control if a substantial number of shares of our common stock are issued , which may affect , among other things , our ability to use our net operating loss carry forwards , if any , and could result in the resignation or removal of our present officers and directors ; ø may have the effect of delaying or preventing a change of control of us by diluting the stock ownership or voting rights of a person seeking to obtain control of us ; and ø may decrease prevailing market prices for our common stock and or warrants . similarly , if we issue debt securities , it could result in : ø a decrease in the prevailing market prices for our common stock and or warrants . ø default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations ; ø acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants ( including , among others , those that require the maintenance of certain financial ratios or reserves ) without a waiver or renegotiation of that covenant ; ø our immediate payment of all principal and accrued interest , if any , if the debt security is payable on demand ; ø our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding ; ø our inability to pay dividends on our common stock ; ø using a substantial portion of our cash flow to pay principal and interest on our debt , which will reduce the funds available for dividends on our common stock if declared , expenses , capital expenditures , acquisitions and other general corporate purposes ; ø limitations on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate ; ø increased vulnerability to adverse changes in general economic , industry and competitive conditions and adverse changes in government regulation ; and 45 ø limitations on our ability to borrow additional amounts for expenses , capital expenditures , acquisitions , debt service requirements , execution of our strategy and other purposes and other disadvantages compared to our competitors who have less debt . as indicated in the accompanying financial statements , at december 31 , 2016 and 2015 , we had approximately $ 150,969,529 and $ 31,691 , respectively , in cash . we expect to incur significant costs in the pursuit of our acquisition plans . we can not assure you that our plans to complete our initial business combination will be successful . results of operations we have neither engaged in any operations nor generated any revenues to date . our only activities from inception to december 31 , 2016 were organizational activities , and those necessary to prepare for our initial public offering and , since july 2016 , activities related to identifying an appropriate candidate for our initial business combination . we do not expect to generate any operating revenues until after the completion of our initial business combination . we have generated , and anticipate continuing to generate , non-operating income in the form of interest income on cash and securities held after our initial public offering . we anticipate that such non-operating income will be insignificant in view of the low interest rates on risk-free investments . there has been no significant change in our financial position and no material adverse change has occurred since the date of our audited financial statements included in our registration statement for our initial public offering . we expect to incur increased expenses as a result of being a public company ( for legal , financial reporting , accounting and auditing compliance ) , as well as for due diligence expenses . for the year ended december 31 , 2016 , we had a net loss of $ 11,283. for the period from august 4 , 2015 ( inception ) to december 31 , 2015 , we had a net loss of $ 809. our entire activity through december 31 , 2016 was in preparation for our initial public offering , which was consummated on july 12 , 2016 , and searching after the consummation of our initial public offering for a target for our initial business combination . we believe that we have sufficient funds available to complete our efforts to effect our initial business combination with an operating business by july 12 , 2018. story_separator_special_tag redeemable common stock all of the 15,000,000 shares of common stock sold as part of the units in our initial public offering and the private placement contain a redemption feature which allows for the redemption of such common stock under our liquidation or tender offer/stockholder approval provisions . the initial stockholders and cantor fitzgerald have waived their rights to participate in such redemption with respect to their initial shares . in accordance with fasb asc 480 , redemption provisions not solely within our control 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 story_separator_special_tag we intend to effectuate our initial business combination using cash from the proceeds of our initial public offering and a sale of warrants in a private placement that occurred simultaneously with the completion of our initial public offering , our capital stock , debt or a combination of cash , stock and debt . the issuance of additional shares of our stock in our initial business combination : ø may significantly dilute the equity interest of our stockholders ; ø may subordinate the rights of holders of common stock if preferred stock is issued with rights senior to those afforded to our common stock ; ø could cause a change of control if a substantial number of shares of our common stock are issued , which may affect , among other things , our ability to use our net operating loss carry forwards , if any , and could result in the resignation or removal of our present officers and directors ; ø may have the effect of delaying or preventing a change of control of us by diluting the stock ownership or voting rights of a person seeking to obtain control of us ; and ø may decrease prevailing market prices for our common stock and or warrants . similarly , if we issue debt securities , it could result in : ø a decrease in the prevailing market prices for our common stock and or warrants . ø default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations ; ø acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants ( including , among others , those that require the maintenance of certain financial ratios or reserves ) without a waiver or renegotiation of that covenant ; ø our immediate payment of all principal and accrued interest , if any , if the debt security is payable on demand ; ø our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding ; ø our inability to pay dividends on our common stock ; ø using a substantial portion of our cash flow to pay principal and interest on our debt , which will reduce the funds available for dividends on our common stock if declared , expenses , capital expenditures , acquisitions and other general corporate purposes ; ø limitations on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate ; ø increased vulnerability to adverse changes in general economic , industry and competitive conditions and adverse changes in government regulation ; and 45 ø limitations on our ability to borrow additional amounts for expenses , capital expenditures , acquisitions , debt service requirements , execution of our strategy and other purposes and other disadvantages compared to our competitors who have less debt . as indicated in the accompanying financial statements , at december 31 , 2016 and 2015 , we had approximately $ 150,969,529 and $ 31,691 , respectively , in cash . we expect to incur significant costs in the pursuit of our acquisition plans . we can not assure you that our plans to complete our initial business combination will be successful . results of operations we have neither engaged in any operations nor generated any revenues to date . our only activities from inception to december 31 , 2016 were organizational activities , and those necessary to prepare for our initial public offering and , since july 2016 , activities related to identifying an appropriate candidate for our initial business combination . we do not expect to generate any operating revenues until after the completion of our initial business combination . we have generated , and anticipate continuing to generate , non-operating income in the form of interest income on cash and securities held after our initial public offering . we anticipate that such non-operating income will be insignificant in view of the low interest rates on risk-free investments . there has been no significant change in our financial position and no material adverse change has occurred since the date of our audited financial statements included in our registration statement for our initial public offering . we expect to incur increased expenses as a result of being a public company ( for legal , financial reporting , accounting and auditing compliance ) , as well as for due diligence expenses . for the year ended december 31 , 2016 , we had a net loss of $ 11,283. for the period from august 4 , 2015 ( inception ) to december 31 , 2015 , we had a net loss of $ 809. our entire activity through december 31 , 2016 was in preparation for our initial public offering , which was consummated on july 12 , 2016 , and searching after the consummation of our initial public offering for a target for our initial business combination . we believe that we have sufficient funds available to complete our efforts to effect our initial business combination with an operating business by july 12 , 2018. story_separator_special_tag redeemable common stock all of the 15,000,000 shares of common stock sold as part of the units in our initial public offering and the private placement contain a redemption feature which allows for the redemption of such common stock under our liquidation or tender offer/stockholder approval provisions . the initial stockholders and cantor fitzgerald have waived their rights to participate in such redemption with respect to their initial shares . in accordance with fasb asc 480 , redemption provisions not solely within our control 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

liquidity and capital resources in july 2016 , we consummated our initial public offering of an aggregate of 15,000,000 public units , each unit consisting of one share of common stock , $ 0.0001 par value per share , and one warrant to purchase one-half of one share of common stock , pursuant to the registration statement on form s-1 ( file no . 333-210817 ) . the public units were sold at an offering price of $ 10.00 per unit generating gross proceeds of $ 150,000,000 before underwriting discounts and expenses . simultaneously with the consummation of our initial public offering , we consummated the private placement of an aggregate of 460,000 private placement units , to our sponsor and cantor fitzgerald and co. , at a price of $ 10.00 per private placement unit , generating gross proceeds , before expenses , of $ 4.6 million . a total of $ 150,000,000 of the net proceeds of our initial public offering and the private placement have been deposited in the trust account and are not available to us for operations ( except amounts to pay taxes ) . the amounts in the trust account may be invested only in u.s. government treasury bills with a maturity of 180 days or less or money market funds meeting certain conditions under rule 2a-7 under the investment company act which invest only in direct u.s. government treasury obligations .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources in july 2016 , we consummated our initial public offering of an aggregate of 15,000,000 public units , each unit consisting of one share of common stock , $ 0.0001 par value per share , and one warrant to purchase one-half of one share of common stock , pursuant to the registration statement on form s-1 ( file no . 333-210817 ) . the public units were sold at an offering price of $ 10.00 per unit generating gross proceeds of $ 150,000,000 before underwriting discounts and expenses . simultaneously with the consummation of our initial public offering , we consummated the private placement of an aggregate of 460,000 private placement units , to our sponsor and cantor fitzgerald and co. , at a price of $ 10.00 per private placement unit , generating gross proceeds , before expenses , of $ 4.6 million . a total of $ 150,000,000 of the net proceeds of our initial public offering and the private placement have been deposited in the trust account and are not available to us for operations ( except amounts to pay taxes ) . the amounts in the trust account may be invested only in u.s. government treasury bills with a maturity of 180 days or less or money market funds meeting certain conditions under rule 2a-7 under the investment company act which invest only in direct u.s. government treasury obligations .
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 Suspicious Activity Report : we intend to effectuate our initial business combination using cash from the proceeds of our initial public offering and a sale of warrants in a private placement that occurred simultaneously with the completion of our initial public offering , our capital stock , debt or a combination of cash , stock and debt . the issuance of additional shares of our stock in our initial business combination : ø may significantly dilute the equity interest of our stockholders ; ø may subordinate the rights of holders of common stock if preferred stock is issued with rights senior to those afforded to our common stock ; ø could cause a change of control if a substantial number of shares of our common stock are issued , which may affect , among other things , our ability to use our net operating loss carry forwards , if any , and could result in the resignation or removal of our present officers and directors ; ø may have the effect of delaying or preventing a change of control of us by diluting the stock ownership or voting rights of a person seeking to obtain control of us ; and ø may decrease prevailing market prices for our common stock and or warrants . similarly , if we issue debt securities , it could result in : ø a decrease in the prevailing market prices for our common stock and or warrants . ø default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations ; ø acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants ( including , among others , those that require the maintenance of certain financial ratios or reserves ) without a waiver or renegotiation of that covenant ; ø our immediate payment of all principal and accrued interest , if any , if the debt security is payable on demand ; ø our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding ; ø our inability to pay dividends on our common stock ; ø using a substantial portion of our cash flow to pay principal and interest on our debt , which will reduce the funds available for dividends on our common stock if declared , expenses , capital expenditures , acquisitions and other general corporate purposes ; ø limitations on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate ; ø increased vulnerability to adverse changes in general economic , industry and competitive conditions and adverse changes in government regulation ; and 45 ø limitations on our ability to borrow additional amounts for expenses , capital expenditures , acquisitions , debt service requirements , execution of our strategy and other purposes and other disadvantages compared to our competitors who have less debt . as indicated in the accompanying financial statements , at december 31 , 2016 and 2015 , we had approximately $ 150,969,529 and $ 31,691 , respectively , in cash . we expect to incur significant costs in the pursuit of our acquisition plans . we can not assure you that our plans to complete our initial business combination will be successful . results of operations we have neither engaged in any operations nor generated any revenues to date . our only activities from inception to december 31 , 2016 were organizational activities , and those necessary to prepare for our initial public offering and , since july 2016 , activities related to identifying an appropriate candidate for our initial business combination . we do not expect to generate any operating revenues until after the completion of our initial business combination . we have generated , and anticipate continuing to generate , non-operating income in the form of interest income on cash and securities held after our initial public offering . we anticipate that such non-operating income will be insignificant in view of the low interest rates on risk-free investments . there has been no significant change in our financial position and no material adverse change has occurred since the date of our audited financial statements included in our registration statement for our initial public offering . we expect to incur increased expenses as a result of being a public company ( for legal , financial reporting , accounting and auditing compliance ) , as well as for due diligence expenses . for the year ended december 31 , 2016 , we had a net loss of $ 11,283. for the period from august 4 , 2015 ( inception ) to december 31 , 2015 , we had a net loss of $ 809. our entire activity through december 31 , 2016 was in preparation for our initial public offering , which was consummated on july 12 , 2016 , and searching after the consummation of our initial public offering for a target for our initial business combination . we believe that we have sufficient funds available to complete our efforts to effect our initial business combination with an operating business by july 12 , 2018. story_separator_special_tag redeemable common stock all of the 15,000,000 shares of common stock sold as part of the units in our initial public offering and the private placement contain a redemption feature which allows for the redemption of such common stock under our liquidation or tender offer/stockholder approval provisions . the initial stockholders and cantor fitzgerald have waived their rights to participate in such redemption with respect to their initial shares . in accordance with fasb asc 480 , redemption provisions not solely within our control 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 story_separator_special_tag we intend to effectuate our initial business combination using cash from the proceeds of our initial public offering and a sale of warrants in a private placement that occurred simultaneously with the completion of our initial public offering , our capital stock , debt or a combination of cash , stock and debt . the issuance of additional shares of our stock in our initial business combination : ø may significantly dilute the equity interest of our stockholders ; ø may subordinate the rights of holders of common stock if preferred stock is issued with rights senior to those afforded to our common stock ; ø could cause a change of control if a substantial number of shares of our common stock are issued , which may affect , among other things , our ability to use our net operating loss carry forwards , if any , and could result in the resignation or removal of our present officers and directors ; ø may have the effect of delaying or preventing a change of control of us by diluting the stock ownership or voting rights of a person seeking to obtain control of us ; and ø may decrease prevailing market prices for our common stock and or warrants . similarly , if we issue debt securities , it could result in : ø a decrease in the prevailing market prices for our common stock and or warrants . ø default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations ; ø acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants ( including , among others , those that require the maintenance of certain financial ratios or reserves ) without a waiver or renegotiation of that covenant ; ø our immediate payment of all principal and accrued interest , if any , if the debt security is payable on demand ; ø our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding ; ø our inability to pay dividends on our common stock ; ø using a substantial portion of our cash flow to pay principal and interest on our debt , which will reduce the funds available for dividends on our common stock if declared , expenses , capital expenditures , acquisitions and other general corporate purposes ; ø limitations on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate ; ø increased vulnerability to adverse changes in general economic , industry and competitive conditions and adverse changes in government regulation ; and 45 ø limitations on our ability to borrow additional amounts for expenses , capital expenditures , acquisitions , debt service requirements , execution of our strategy and other purposes and other disadvantages compared to our competitors who have less debt . as indicated in the accompanying financial statements , at december 31 , 2016 and 2015 , we had approximately $ 150,969,529 and $ 31,691 , respectively , in cash . we expect to incur significant costs in the pursuit of our acquisition plans . we can not assure you that our plans to complete our initial business combination will be successful . results of operations we have neither engaged in any operations nor generated any revenues to date . our only activities from inception to december 31 , 2016 were organizational activities , and those necessary to prepare for our initial public offering and , since july 2016 , activities related to identifying an appropriate candidate for our initial business combination . we do not expect to generate any operating revenues until after the completion of our initial business combination . we have generated , and anticipate continuing to generate , non-operating income in the form of interest income on cash and securities held after our initial public offering . we anticipate that such non-operating income will be insignificant in view of the low interest rates on risk-free investments . there has been no significant change in our financial position and no material adverse change has occurred since the date of our audited financial statements included in our registration statement for our initial public offering . we expect to incur increased expenses as a result of being a public company ( for legal , financial reporting , accounting and auditing compliance ) , as well as for due diligence expenses . for the year ended december 31 , 2016 , we had a net loss of $ 11,283. for the period from august 4 , 2015 ( inception ) to december 31 , 2015 , we had a net loss of $ 809. our entire activity through december 31 , 2016 was in preparation for our initial public offering , which was consummated on july 12 , 2016 , and searching after the consummation of our initial public offering for a target for our initial business combination . we believe that we have sufficient funds available to complete our efforts to effect our initial business combination with an operating business by july 12 , 2018. story_separator_special_tag redeemable common stock all of the 15,000,000 shares of common stock sold as part of the units in our initial public offering and the private placement contain a redemption feature which allows for the redemption of such common stock under our liquidation or tender offer/stockholder approval provisions . the initial stockholders and cantor fitzgerald have waived their rights to participate in such redemption with respect to their initial shares . in accordance with fasb asc 480 , redemption provisions not solely within our control 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

