| Schedule of Condensed Balance Sheet [Table Text Block] |
Selected condensed balance sheet information as of June 30, 2012:
|
|
June 30,
2012 (as
previously
reported) |
|
|
Effect of
Restatement |
|
|
June 30,
2012
(As Restated) |
|
|
|
|
|
|
|
|
|
|
|
| Liabilities: |
|
|
|
|
|
|
|
|
|
| Warrant liability |
|
$ |
— |
|
|
$ |
4,573,000 |
|
|
$ |
4,573,000 |
|
| Total liabilities |
|
|
2,278,803 |
|
|
|
4,573,000 |
|
|
|
6,851,803 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum ordinary shares subject to possible redemption |
|
|
43,301,744 |
|
|
|
(4,573,000 |
) |
|
|
38,728,744 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity |
|
|
|
|
|
|
|
|
|
|
|
|
| Ordinary shares |
|
|
1,940 |
|
|
|
459 |
|
|
|
2,399 |
|
| Additional paid-in capital |
|
|
5,642,857 |
|
|
|
(90,125 |
) |
|
|
5,552,732 |
|
| Deficit accumulated during the development stage |
|
|
(644,796 |
) |
|
|
89,667 |
|
|
|
(555,130 |
) |
| Total equity |
|
|
5,000,001 |
|
|
|
— |
|
|
|
5,000,001 |
|
| Total liabilities and equity |
|
$ |
50,580,547 |
|
|
$ |
— |
|
|
$ |
50,580,547 |
|
|
| Schedule of Condensed Income Statement [Table Text Block] |
Selected condensed statement of operations information for the three months period and six months period ended June 30, 2012:
|
|
For the three months ended June 30, 2012
(as previously reported) |
|
|
Effect of
Restatement |
|
|
For the three months ended June 30, 2012
(As Restated) |
|
|
|
|
|
|
|
|
|
|
|
| Gain on change in fair value of warrant liability |
|
$ |
— |
|
|
$ |
358,667 |
|
|
$ |
358,667 |
|
| Net income (loss) |
|
$ |
(182,935 |
) |
|
$ |
358,667 |
|
|
$ |
175,732 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted net income (loss) per share |
|
$ |
(0.03 |
) |
|
$ |
0.06 |
|
|
$ |
0.03 |
|
|
|
For the six months ended June 30, 2012
(as previously reported) |
|
|
Effect of
Restatement |
|
|
For the six months ended June 30, 2012
(As Restated) |
|
|
|
|
|
|
|
|
|
|
|
| Loss on change in fair value of warrant liability |
|
$ |
— |
|
|
$ |
(89,667 |
) |
|
$ |
(89,667 |
) |
| Net loss |
|
$ |
(309,828 |
) |
|
$ |
(89,667 |
) |
|
$ |
(399,495 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted net loss per share |
|
$ |
(0.05 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.06 |
) |
|
| Schedule of Condensed Cash Flow Statement [Table Text Block] |
Selected condensed statement of cash flow information for the six months period ended June 30, 2012:
|
|
For the six months ended June 30, 2012
(as previously reported) |
|
|
Effect of
Restatement |
|
|
For the six months ended June 30, 2012
(As Restated) |
|
|
|
|
|
|
|
|
|
|
|
| Operating activities: |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(309,828 |
) |
|
$ |
(89,667 |
) |
|
$ |
(399,495 |
) |
| Loss on change in fair value of warrant liability |
|
$ |
— |
|
|
$ |
89,667 |
|
|
$ |
89,667 |
|
|