StocksFundsScreenerSectorsWatchlists
LATG

LATG - LatAmGrowth SPAC Stock Price, Fair Value and News

11.30USD+0.03 (+0.27%)Market Closed

Market Summary

LATG
USD11.30+0.03
Market Closed
0.27%

LATG Stock Price

View Fullscreen

LATG RSI Chart

LATG Valuation

Market Cap

81.3M

Price/Earnings (Trailing)

190.81

Price/Free Cashflow

-108.74

LATG Price/Earnings (Trailing)

LATG Profitability

Return on Assets

0.98%

Free Cashflow Yield

-0.92%

LATG Fundamentals

LATG Earnings

Earnings (TTM)

425.9K

Earnings Growth (Yr)

-288.85%

Earnings Growth (Qtr)

-448.54%

Breaking Down LATG Revenue

Last 7 days

0.4%

Last 30 days

0.7%

Last 90 days

2.5%

Trailing 12 Months

7.8%

How does LATG drawdown profile look like?

LATG Financial Health

Current Ratio

0

LATG Investor Care

Diluted EPS (TTM)

0.39

Tracking the Latest Insider Buys and Sells of LatAmGrowth SPAC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 17, 2023
chenghe investment i ltd
acquired
-
-
1,058,130
-

1–1 of 1

Which funds bought or sold LATG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 26, 2024
Virtu Financial LLC
new
-
114,000
114,000
0.01%
Feb 20, 2024
Quarry LP
new
-
9,380
9,380
-%
Feb 15, 2024
Westchester Capital Management, LLC
reduced
-39.68
-1,342,920
2,144,860
0.07%
Feb 14, 2024
AQR Arbitrage LLC
sold off
-100
-3,223,760
-
-%
Feb 14, 2024
BERKLEY W R CORP
added
63.6
1,083,410
2,705,820
0.20%
Feb 14, 2024
Radcliffe Capital Management, L.P.
new
-
1,220,040
1,220,040
0.16%
Feb 14, 2024
Linden Advisors LP
sold off
-100
-6,600,000
-
-%
Feb 14, 2024
Polar Asset Management Partners Inc.
new
-
3,970,800
3,970,800
0.07%
Feb 14, 2024
K2 PRINCIPAL FUND, L.P.
new
-
1,594,000
1,594,000
0.20%
Feb 14, 2024
Saba Capital Management, L.P.
new
-
5,035
5,035
-%

1–10 of 40

Are Funds Buying or Selling LATG?

Are funds buying LATG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LATG
No. of Funds

Unveiling LatAmGrowth SPAC's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
aqr capital management llc
0%
0
SC 13G/A
Feb 14, 2024
first trust capital management l.p.
7.21%
360,537
SC 13G
Feb 13, 2024
mizuho financial group inc
7.34%
366,926
SC 13G
Feb 12, 2024
lmr partners llp
2.0%
1e+05
SC 13G/A
Feb 09, 2024
polar asset management partners inc.
7.2%
360,000
SC 13G
Feb 09, 2024
periscope capital inc.
5.0%
252,100
SC 13G
Feb 08, 2024
wolverine asset management llc
5.03%
251,527
SC 13G
Feb 08, 2024
saba capital management, l.p.
0%
0
SC 13G/A
Feb 14, 2023
aqr capital management llc
8.4%
1,092,502
SC 13G
Feb 14, 2023
saba capital management, l.p.
7.9%
1,031,299
SC 13G/A

Recent SEC filings of LatAmGrowth SPAC

View All Filings
Date Filed Form Type Document
Apr 12, 2024
10-K
Annual Report
Apr 01, 2024
NT 10-K
NT 10-K
Mar 04, 2024
8-K
Current Report
Feb 20, 2024
10-Q
Quarterly Report
Feb 20, 2024
10-Q
Quarterly Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 14, 2024
SC 13G
Major Ownership Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G
Major Ownership Report

LatAmGrowth SPAC News

Latest updates
Stock Traders Daily08 Apr 202403:46 am

LatAmGrowth SPAC Earnings Report: Key Takeaways & Analysis

Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Assets-28.6%43,60961,09360,340136,962135,786134,855134,503134,626-
  Current Assets-99.3%4.005325581,0231,2741,4651,7151,978-
    Cash Equivalents-100.0%-5155239351,1031,1501,2581,415-
Liabilities85.9%2,2651,2185,8436,1566,7667,7066,5198,251-
  Current Liabilities74.3%2,1211,217875598488276241134504
  Retained Earnings-515.1%-4,221-686-5,285-5,133-5,491-6,241-4,803-6,225-90.53
  Additional Paid-In Capital-1,960-------25.00
Shares Outstanding----16,250-----
Float---59,785------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-3612.0%-308-8.32-261-168-47.15-107-157-835
Cashflow From Investing-17,536-------132,600
Cashflow From Financing-Infinity%-17,742------134,851

LATG Income Statement

2023-12-31
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Formation and operating costs$ 2,143,619$ 1,350,221
Loss from operations(2,143,619)(1,350,221)
Other income:  
Gain on change in fair value of warrants1,584,0009,216,000
Gain on expiration of overallotment option 390,000
Other income attributable to derecognition of deferred underwriting fee allocated to offering costs186,550 
Trust interest income3,650,7311,912,063
Expense recognized on transferring of 2,650,000 Class B ordinary shares from Old Sponsor to New Sponsor(2,851,750) 
Warrant issuance costs (335,231)
Total other income, net2,569,53111,182,832
Net income$ 425,912$ 9,832,611
Non-redeemable Class A and Class B ordinary shares  
Other income:  
Basic weighted average shares outstanding (in shares)3,250,0003,250,000
Diluted weighted average shares outstanding (in shares)3,250,0003,250,000
Basic net income per share (in dollars per share)$ 0.04$ 0.64
Diluted net income per share (in dollars per share)$ 0.04$ 0.64
Class A ordinary shares subject to possible redemption  
Other income:  
Basic weighted average shares outstanding (in shares)7,519,72912,040,984
Diluted weighted average shares outstanding (in shares)7,519,72912,040,984
Basic net income per share (in dollars per share)$ 0.04$ 0.64
Diluted net income per share (in dollars per share)$ 0.04$ 0.64

LATG Balance Sheet

2023-12-31
BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash$ 0$ 1,103,214
Prepaid expenses3,640171,080
Total Current Assets3,6401,274,294
Cash and marketable securities held in Trust Account43,605,597134,512,063
Total Assets43,609,237135,786,357
Current Liabilities  
Accounts payable and accrued expenses1,716,466487,352
Promissory note - related party404,170 
Due to related party 319
Total Current Liabilities2,120,636487,671
Warrant liabilities144,0001,728,000
Deferred underwriting commissions 4,550,000
Total Liabilities2,264,6366,765,671
Commitments and Contingencies (Note 6)
Shareholders' Deficit  
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital1,960,254 
Accumulated deficit(4,221,575)(5,491,702)
Total Shareholders' Deficit(2,260,996)(5,491,377)
Total Liabilities, Redeemable Ordinary Shares and Shareholders' Deficit43,609,237135,786,357
Class A ordinary shares subject to possible redemption  
Current Liabilities  
Class A ordinary shares subject to possible redemption, 3,941,873 and 13,000,000 shares at redemption value of $11.06 and $10.35 at December 31, 2023 and 2022, respectively43,605,597134,512,063
Class A ordinary shares not subject to possible redemption  
Shareholders' Deficit  
Ordinary shares1060
Class B ordinary shares  
Shareholders' Deficit  
Ordinary shares$ 219$ 325
LATG
LatAmGrowth SPAC does not have significant operations. The company focuses on effecting a merger, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. It intends to focus its search for an initial business combination on businesses in Latin America or Hispanic-owned businesses in the United States. LatAmGrowth SPAC was incorporated in 2021 and is based in Mexico City, Mexico.
0
 CEO
 WEBSITElatamgrowthspac.com
 INDUSTRYShell Companies

LatAmGrowth SPAC Frequently Asked Questions


What is the ticker symbol for LatAmGrowth SPAC? What does LATG stand for in stocks?

LATG is the stock ticker symbol of LatAmGrowth SPAC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LatAmGrowth SPAC (LATG)?

As of Fri Apr 12 2024, market cap of LatAmGrowth SPAC is 81.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LATG stock?

You can check LATG's fair value in chart for subscribers.

What is the fair value of LATG stock?

You can check LATG's fair value in chart for subscribers. The fair value of LatAmGrowth SPAC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LatAmGrowth SPAC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LATG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LatAmGrowth SPAC a good stock to buy?

The fair value guage provides a quick view whether LATG is over valued or under valued. Whether LatAmGrowth SPAC is cheap or expensive depends on the assumptions which impact LatAmGrowth SPAC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LATG.