10-Q Filing

VERTIV HOLDINGS CO CIK: 1674101 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-141423`
Period End Date	20190331
Filing Date	20190508
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	gsah-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 11 Cash Flow Statement 19 Stockholders Equity 12

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$632.70K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$835.54K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$337.05K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$341.42K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$969.74K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents held in Trust Account	`AssetsHeldInTrustNoncurrent`	$694.88M	USD	Point-in-time
Cash and cash equivalents held in Trust Account	`AssetsHeldInTrustNoncurrent`	$698.56M	USD	Point-in-time
Accrued dividends receivable held in Trust Account	`DividendsReceivable`	$1.28M	USD	Point-in-time
Accrued dividends receivable held in Trust Account	`DividendsReceivable`	$1.34M	USD	Point-in-time
Total assets	`Assets`	$697.34M	USD	Point-in-time
Total assets	`Assets`	$700.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$644.21K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$771.78K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$538.88K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$538.88K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$94.44K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$810.93K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.12M	USD	Point-in-time
Deferred underwriting compensation	`DeferredUnderwritingCommissions`	$24.15M	USD	Point-in-time
Deferred underwriting compensation	`DeferredUnderwritingCommissions`	$24.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$26.27M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$271.93K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.72K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$23.13K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$697.34M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$700.88M	USD	Point-in-time

Income Statement 11 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$3.86M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$788.00	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$448.99K	USD	1 Quarter
Income (loss) before income tax (provision) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.41M	USD	1 Quarter
Income (loss) before income tax (provision) benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-788.00	USD	1 Quarter
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$716.49K	USD	1 Quarter
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$-192.00	USD	1 Quarter
Net Income/ (loss)	`NetIncomeLoss`	$2.69M	USD	1 Quarter
Net Income/ (loss)	`NetIncomeLoss`	$-596.00	USD	1 Quarter

Cash Flow Statement 19 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-596.00	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.69M	USD	1 Quarter
Increase in dividend receivable	`IncreaseDecreaseInDividendsReceivable`	$64.25K	USD	1 Quarter
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-4.38K	USD	1 Quarter
Increase in deferred tax receivable	`IncreaseDecreaseInDeferredIncomeTaxes`	$192.00	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$127.57K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$788.00	USD	1 Quarter
Increase in accrued tax payable	`IncreaseDecreaseInAccruedLiabilities`	$716.49K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.48M	USD	1 Quarter
Increase / (Decrease) in cash and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Increase / (Decrease) in cash and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.48M	USD	1 Quarter
Cash and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$699.20M	USD	Point-in-time
Cash and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$695.72M	USD	Point-in-time
Cash and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$699.20M	USD	Point-in-time
Cash and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$695.72M	USD	Point-in-time
Cash and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$23.72K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$23.13K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Accretion for Class A common stock to redemption amount	`AdjustmentsToAdditionalPaidInCapitalAccretionInRedemptionAmount`	$3.58M	USD	1 Quarter
Change in Class A common stock subject to possible redemption	`TemporaryEquityIssuedDuringPeriodValueNewIssues`	$881.24K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-596.00	USD	1 Quarter
Ending balance	`StockholdersEquity`	$23.72K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$23.13K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.