Attached files
| file | filename |
|---|---|
| 8-K - 8-K - HF Foods Group Inc. | s107302_8k.htm |
Exhibit 99.1
Atlantic Acquisition Corp.
Balance Sheet
As of August 14, 2017
| Pro Forma | Pro Forma | |||||||||||
| August 14, 2017 | Adjustments | Total | ||||||||||
| (unaudited) | (unaudited) | |||||||||||
| ASSETS | ||||||||||||
| Current Assets | ||||||||||||
| Current assets-cash | $ | 528,751 | $ | — | $ | 528,751 | ||||||
| Current assets-cash held in escrow | 209,250 | — | 209,250 | |||||||||
| Total Current Assets | 738,001 | — | 738,001 | |||||||||
| Cash held in trust account | 40,800,000 | 4,335,000 | 45,135,000 | |||||||||
| Total Assets | $ | 41,538,001 | $ | 4,335,000 | $ | 45,873,001 | ||||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||||
| Current Liabilities | ||||||||||||
| Deferred offering costs payable | $ | 37,500 | $ | — | $ | 37,500 | ||||||
| Total Current Liabilities | 37,500 | 0 | 37,500 | |||||||||
| Deferred underwriting compensation | 1,000,000 | 106,250 | 1,106,250 | |||||||||
| Total Liabilities | $ | 1,037,500 | $ | 106,250 | $ | 1,143,750 | ||||||
| Commitments and Contingencies | ||||||||||||
| Common stock subject to possible conversion; 3,480,441 and 3,895,024 (at conversion value of $10.20 per share) | 35,500,500 | 4,228,750 | 39,729,250 | |||||||||
| Stockholders’ Equity | ||||||||||||
| Preferred stock, no preferred stock authorized | — | — | — | |||||||||
| Common Stock, $.0001 par value, 30,000,000 shares authorized ,1,989,559 and 1,977,476 common stocks issued and outstanding | 199 | (1 | ) | 198 | ||||||||
| Additional paid- in capital | 5,000,684 | 1 | 5,000,685 | |||||||||
| Accumulated deficit | (882 | ) | — | (882 | ) | |||||||
| Total Stockholders’ Equity | 5,000,001 | — | 5,000,001 | |||||||||
| Total Liabilities and Stockholders’ Equity | $ | 41,538,001 | $ | 4,335,000 | $ | 45,873,001 | ||||||