On December 12, 2018, CF Finance Acquisition Corp. closed the transaction. The company entered into purchase agreement on same date. Each unit consist of share of Class A common stock of the company, par value $0.0001 per share and three-quarters of one warrant. Each warrant is exercisable to purchase one share of common stock at an exercise price of $11.50 per share during the period commencing on the later of 12 months from the date of the closing of the company’s initial public offering of units and 30 days following the consummation of the company’s initial business combination as such term is defined in the registration statement in connection with the offering as amended at the time it becomes effective and expiring on the fifth anniversary of the consummation of the business combination.