Quarterly report pursuant to Section 13 or 15(d)

PLAN OF MERGER AND INVESTMENT IN UNCONSOLIDATED ENTITY (Details)

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PLAN OF MERGER AND INVESTMENT IN UNCONSOLIDATED ENTITY (Details)
 6 Months Ended
Sep. 30, 2020
Termination One [Member]  
Reason for Termination Termination of the Merger Agreement by mutual agreement of the parties because the conditions to closing the Merger relating to the receipt of exchange listing and regulatory approvals and the Registration Statement on Form S-4, being declared effective, have a reasonable likelihood of not being satisfied through no fault of Camber or Viking
Percentage of Elysium Retained by Camber 20.00% [1]
Termination Two [Member]  
Reason for Termination Termination of the Merger Agreement due to either (i) Camber’s determination not to proceed with the Merger even though Viking has substantially performed its obligations pursuant to the Merger Agreement (except as discussed below), or (ii) a matter raised in Camber’s Merger Agreement disclosure schedule which was (A) not disclosed by Camber in its SEC reports, (B) could reasonably result in a material adverse effect on Camber in excess of $500,000, and (c) which Viking objected to within 5 business days of disclosure by Camber to Viking
Percentage of Elysium Retained by Camber 0.00% [1]
Termination Three [Member]  
Reason for Termination Termination of the Merger Agreement due to the failure of Camber’s shareholders to approve the terms of the Merger
Percentage of Elysium Retained by Camber 15.00% [1]
Termination Four [Member]  
Reason for Termination Termination of the Merger Agreement by either party due to any other reason not set forth above through no fault of Camber
Percentage of Elysium Retained by Camber 25.00% [1]
Termination Five [Member]  
Reason for Termination In the event the Secured Notes are not repaid within 90 days of the date of termination and the Additional Payment (defined above) is not made
Percentage of Elysium Retained by Camber 30.00%
[1] Assumes the payment of Secured Notes (defined below) within 90 days of the date of termination of the Merger Agreement and the Additional Payment (defined below) is made.