Last 7 days
0.2%
Last 30 days
0.4%
Last 90 days
1.2%
Trailing 12 Months
2.8%
Income Statement (Last 12 Months) | (In Thousands) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 |
Revenue | 1071.5% | 922 | 79.00 | 38.00 | 36.00 | 36.00 |
Operating Expenses | -8.2% | 1,220 | 1,329 | 1,339 | 1,191 | 925 |
Net Income | 21.3% | 44,783 | 36,909 | 46,559 | 18,605 | 410 |
Net Income Margin | -89.6% | 48.58* | 469.06* | 1.00 | 510.09* | 11.30* |
Free Cahsflow | 25.4% | -804 | -1,078 | -1,592 | -1,574 | -1,407 |
Balance Sheet | (In Thousands) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 |
Assets | 0.1% | 601,249 | 600,630 | 600,489 | 600,849 | 600,693 |
Current Assets | -59.7% | 215 | 533 | 443 | 813 | 666 |
Cash Equivalents | -79.1% | 41.00 | 194 | 67.00 | 300 | 5.00 |
Liabilities | -25.4% | 25,004 | 33,523 | 48,634 | 51,201 | 69,232 |
Current Liabilities | -12.2% | 924 | 1,053 | 571 | 576 | 155 |
Shareholder's Equity | - | 5,000 | - | - | - | - |
Retained Earnings | 24.9% | -24,705 | -32,894 | -48,146 | -50,353 | 410 |
Additional Paid-In Capital | -100.0% | - | 4,588 | - | - | - |
Shares Outstanding | - | 15,000 | - | - | - | - |
Float | - | 584,400 | - | - | - | - |
Cashflow (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 |
Cashflow From Operations | 25.4% | -804,755 | -1,078,823 | -1,592,732 | -1,574,623 | -1,407,215 |
Cashflow From Investing | - | 0.00 | - | - | - | - |
Cashflow From Financing | 0% | 840,043 | 840,043 | 465,043 | 601,852,168 | 601,412,490 |
0%
0%
0%
Y-axis is the maximum loss one would have experienced if Avanti Acquisition was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-06 | OLD MISSION CAPITAL LLC | sold off | -100 | - | - | -% |
2023-02-17 | Radcliffe Capital Management, L.P. | sold off | -100 | -4,747,000 | - | -% |
2023-02-17 | Radcliffe Capital Management, L.P. | sold off | -100 | -2,004,000 | - | -% |
2023-02-15 | GABELLI & Co INVESTMENT ADVISERS, INC. | sold off | -100 | -1,000 | - | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | sold off | -100 | -1,000 | - | -% |
2023-02-15 | Virtu Financial LLC | sold off | -100 | - | - | -% |
2023-02-15 | Shaolin Capital Management LLC | sold off | -100 | -7,000 | - | -% |
2023-02-15 | JANE STREET GROUP, LLC | sold off | -100 | -13,089,000 | - | -% |
2023-02-15 | JANE STREET GROUP, LLC | sold off | -100 | -2,000 | - | -% |
2023-02-15 | NOMURA HOLDINGS INC | sold off | -100 | -7,940,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | baupost group llc/ma | 0% | 0 | SC 13G/A | |
Feb 09, 2023 | avanti acquisition scsp | 0% | 0 | SC 13G/A | |
Feb 14, 2022 | citadel advisors llc | 2.9% | 6 | SC 13G/A | |
Feb 11, 2022 | baupost group llc/ma | 6.67% | 4e+06 | SC 13G/A | |
Feb 16, 2021 | luxor capital group, lp | 1% | 2,953 | SC 13G/A | |
Feb 16, 2021 | vellar opportunities fund master, ltd. | 0.2% | 1e+05 | SC 13G | |
Feb 12, 2021 | baupost group llc/ma | 6.67% | 4e+06 | SC 13G | |
Feb 12, 2021 | avanti acquisition scsp | 19.9% | 14,925,000 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2020-10-01 | MIGNONE ROBERTO | bought | 10,000,000 | 10.00 | 1,000,000 | - |
CONDENSED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | |
Operating costs | $ 189,636 | $ 298,311 | $ 580,521 | $ 699,252 |
Loss from operations | (189,636) | (298,311) | (580,521) | (699,252) |
Other income: | ||||
Interest earned on investments held in Trust Account | 852,231 | 9,118 | 902,115 | 18,136 |
Change in fair value of FPA | 114,994 | 1,112,496 | 1,100,000 | 6,166,615 |
Change in fair value of warrant liabilities | 8,360,000 | 440,000 | 22,968,000 | 20,680,000 |
Total other income | 9,327,225 | 1,561,614 | 24,970,115 | 26,864,751 |
Net income | 9,137,589 | 1,263,303 | 24,389,594 | 26,165,499 |
Class A Ordinary Share [Member] | ||||
Other income: | ||||
Net income | $ 7,310,071 | $ 1,010,642 | $ 19,511,675 | $ 20,932,399 |
Weighted average shares outstanding, Basic | 60,000,000 | 60,000,000 | 60,000,000 | 60,000,000 |
Basic net income per share | $ 0.12 | $ 0.02 | $ 0.33 | $ 0.35 |
Weighted average shares outstanding, Diluted | 60,000,000 | 60,000,000 | 60,000,000 | 60,000,000 |
Diluted net income per share | $ 0.12 | $ 0.02 | $ 0.33 | $ 0.35 |
Class B Ordinary Share [Member] | ||||
Other income: | ||||
Net income | $ 1,827,518 | $ 252,661 | $ 4,877,919 | $ 5,233,100 |
Weighted average shares outstanding, Basic | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 |
Basic net income per share | $ 0.12 | $ 0.02 | $ 0.33 | $ 0.35 |
Weighted average shares outstanding, Diluted | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 |
Diluted net income per share | $ 0.12 | $ 0.02 | $ 0.33 | $ 0.35 |
CONDENSED BALANCE SHEETS - USD ($) | Jun. 30, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets | ||
Cash | $ 40,563 | $ 67,132 |
Prepaid expenses | 174,535 | 375,624 |
Total Current Assets | 215,098 | 442,756 |
FPA Assets | 85,003 | 0 |
Investments held in Trust Account | 600,948,553 | 600,046,438 |
TOTAL ASSETS | 601,248,654 | 600,489,194 |
Current liabilities | ||
Accounts payable and accrued expenses | 81,110 | 103,247 |
Promissory note – related party | 843,236 | 468,236 |
Total Current Liabilities | 924,346 | 571,483 |
FPA liabilities | 0 | 1,014,997 |
Warrant liabilities | 3,080,000 | 26,048,000 |
Deferred underwriting fee payable | 21,000,000 | 21,000,000 |
TOTAL LIABILITIES | 25,004,346 | 48,634,480 |
Commitments and Contingencies | ||
Class A ordinary shares subject to possible redemption, 60,000,000 shares at approximately $10.02 and $10.00, per share redemption value as of June 30, 2022 and December 31, 2021, respectively | 600,948,553 | 600,000,000 |
Shareholders' Deficit | ||
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of June 30, 2022 and December 31, 2021 | ||
Additional paid-in capital | ||
Accumulated deficit | (24,705,745) | (48,146,786) |
Total Shareholders' Deficit | (24,704,245) | (48,145,286) |
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO REDEMPTION AND SHAREHOLDERS' DEFICIT | 601,248,654 | 600,489,194 |
Class A Ordinary Share [Member] | ||
Shareholders' Deficit | ||
Ordinary shares | ||
Class B Ordinary Share [Member] | ||
Shareholders' Deficit | ||
Ordinary shares | $ 1,500 | $ 1,500 |