PRPC - CC Neuberger Principal Holdings III Stock Price, Fair Value and News

10.95USD Market Closed

Market Summary

USD10.95

Market Closed

PRPC Stock Price

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PRPC RSI Chart

PRPC Valuation

Market Cap

49.7M

Price/Earnings (Trailing)

15.67

Price/Free Cashflow

-45.12

PRPC Price/Earnings (Trailing)

PRPC Profitability

Return on Equity

210.5K%

Return on Assets

6.39%

Free Cashflow Yield

-2.22%

PRPC Fundamentals

PRPC Earnings

Earnings (TTM)

3.2M

Earnings Growth (Yr)

-79.86%

Earnings Growth (Qtr)

76.15%

Breaking Down PRPC Revenue

Last 7 days

0.1%

Last 30 days

0.5%

Last 90 days

2.0%

Trailing 12 Months

9.6%

How does PRPC drawdown profile look like?

PRPC Financial Health

Current Ratio

0.23

Debt/Equity

123.37

Debt/Cashflow

-5.93

PRPC Investor Care

Buy Backs (1Y)

88.73%

Diluted EPS (TTM)

0.05

Which funds bought or sold PRPC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 27, 2024	NOMURA HOLDINGS INC	sold off	-100	-48,650	-	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-4,508	-	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	sold off	-100	-3,000	-	-%
Feb 15, 2024	Westchester Capital Management, LLC	sold off	-100	-7,400	-	-%
Feb 15, 2024	Westchester Capital Management, LLC	sold off	-100	-2,997,500	-	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-13,302	-	-%
Feb 14, 2024	Sculptor Capital LP	sold off	-100	-40,531	-	-%
Feb 14, 2024	Jefferies Financial Group Inc.	sold off	-100	-9,733	-	-%
Feb 14, 2024	METEORA CAPITAL, LLC	sold off	-100	-11,190	-	-%
Feb 14, 2024	D. E. Shaw & Co., Inc.	sold off	-100	-11,473	-	-%

Are Funds Buying or Selling PRPC?

Are funds buying PRPC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PRPC

No. of Funds

Unveiling CC Neuberger Principal Holdings III's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	glazer capital, llc	0.0%	0	SC 13G/A
Feb 12, 2024	aristeia capital, l.l.c.	0.00%	0	SC 13G/A
Feb 07, 2024	adage capital partners gp, l.l.c.	0%	0	SC 13G/A
Jan 25, 2024	cc neuberger principal holdings iii sponsor llc	0%	0	SC 13G/A
Feb 14, 2023	glazer capital, llc	9.49%	3,819,502	SC 13G
Feb 14, 2023	aristeia capital llc	8.77%	3,531,850	SC 13G/A
Mar 02, 2022	cc neuberger principal holdings iii sponsor llc	27.13%	14,982,500	SC 13G/A
Feb 14, 2022	aristeia capital llc	6.85%	2,756,114	SC 13G
Feb 14, 2022	cc neuberger principal holdings iii sponsor llc	38.34%	25,032,500	SC 13G

Recent SEC filings of CC Neuberger Principal Holdings III

View All Filings

Date Filed	Form Type	Document
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 07, 2024	SC 13G/A	Major Ownership Report
Jan 25, 2024	SC 13G/A	Major Ownership Report

CC Neuberger Principal Holdings III News

Latest updates

CC Neuberger Principal Holdings III Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet												(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	2.0%	49,634	48,675	47,964	408,987	405,782	404,177	404,248	404,391	405,138	404,809	405,403	-
Current Assets	3.1%	150	146	291	468	744	1,016	1,523	1,783	2,026	2,287	1,759	11.00
Cash Equivalents	110.4%	50.00	24.00	217	399	451	499	846	908	956	1,006	270	-
Liabilities	0.9%	23,728	23,519	23,234	16,672	19,431	21,553	35,364	46,129	43,485	45,851	42,422	-
Current Liabilities	9.4%	667	609	621	492	427	373	505	441	356	329	480	33.00
Long Term Debt	-13.0%	186	214	322	72.00	281	651	1,344	1,877	1,868	1,840	-	-
Shareholder's Equity	-	-	-	-	-	-	-	-	-	-	5,000	5,000	11.00
Retained Earnings	-0.9%	-23,478	-23,275	-22,844	-16,105	-18,588	-20,438	-33,617	-44,239	-40,848	-43,543	-39,519	-13.60
Shares Outstanding	0%	4,537	4,537	4,537	40,250	40,250	40,250	40,250	15,063	35,090	40,250	24,597	15,063

Cashflow (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Cashflow From Operations	30.4%	-273	-393	-381	-51.82	-48.23	-346	-62.07	-47.38	-50.83	-28.82	-1,705	-
Cashflow From Investing	0%	-360	-360	363,255	-	-	-	-	-	-	-	-402,500	-
Cashflow From Financing	17.9%	660	560	-363,054	-	-	-	-	-	-	765	404,475	-
Buy Backs	-	-	-	363,615	-	-	-	-	-	-	-	-	-

PRPC Income Statement

2023-09-30

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
General and administrative expenses	$ 366,643	$ 332,743	$ 1,354,749	$ 1,099,932
Loss from operations	(366,643)	(332,743)	(1,354,749)	(1,099,932)
Other income (expense):
Change in fair value of derivative asset and liabilities	540,475	2,182,500	(4,911,882)	26,759,000
Gain on investments held in Trust Account	594,335	1,877,431	3,499,504	2,429,899
Amortization of debt discount	(17,686)		(27,005)
Total other income (expense), net	1,117,124	4,059,931	(1,439,383)	29,188,899
Net income (loss)	$ 750,481	$ 3,727,188	$ (2,794,132)	$ 28,088,967
Class A ordinary shares
Other income (expense):
Basic weighted average ordinary shares outstanding	4,537,338	40,250,000	9,132,717	40,250,000
Diluted weighted average ordinary shares outstanding	4,537,338	40,250,000	9,132,717	40,250,000
Basic net income (loss) per ordinary share	$ 0.04	$ 0.07	$ (0.12)	$ 0.51
Diluted net income (loss) per ordinary share	$ 0.04	$ 0.07	$ (0.12)	$ 0.51
Class B ordinary shares
Other income (expense):
Basic weighted average ordinary shares outstanding	15,062,500	15,062,500	15,062,500	15,062,500
Diluted weighted average ordinary shares outstanding	15,062,500	15,062,500	15,062,500	15,062,500
Basic net income (loss) per ordinary share	$ 0.04	$ 0.07	$ (0.12)	$ 0.51
Diluted net income (loss) per ordinary share	$ 0.04	$ 0.07	$ (0.12)	$ 0.51

PRPC Balance Sheet

2023-09-30

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash	$ 49,709	$ 399,123
Prepaid expenses	100,702	69,350
Total current assets	150,411	468,473
Cash and investments held in Trust Account	49,483,722	408,518,813
Total Assets	49,634,133	408,987,286
Current liabilities:
Accounts payable		3,908
Accrued expenses	27,450	28,691
Due to related party	$ 639,286	$ 459,286
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Total current liabilities	$ 666,736	$ 491,885
Non-current accounts payable and accrued expenses	738,775	576,939
Working capital loan, at fair value	185,800	$ 72,000
Promissory note - related party, net of discount	$ 1,747,737
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Conversion option liability, at fair value	$ 136,350
Deferred underwriting commissions	14,087,500	$ 14,087,500
Derivative liabilities	6,165,000	1,444,000
Total liabilities	23,727,898	16,672,324
Commitments and Contingencies
Shareholders' Deficit:
Preference shares, $0.0001 par value 1,000,000 shares authorized none issued and outstanding at September 30, 2023 and December 31, 2022, respectively
Accumulated deficit	(23,478,993)	(16,105,357)
Total shareholders' deficit	(23,477,487)	(16,103,851)
Total Liabilities, Commitments and Contingencies and Shareholders' Deficit	49,634,133	408,987,286
Class A ordinary shares subject to possible redemption
Current liabilities:
Class A ordinary shares, $0.0001 par value; 4,537,338 shares and 40,250,000 shares subject to possible redemption at $10.88 and $10.15 per share at September 30, 2023 and December 31, 2022, respectively	49,383,722	408,418,813
Class B ordinary shares
Shareholders' Deficit:
Ordinary shares	$ 1,506	$ 1,506

About CC Neuberger Principal Holdings III

CC Neuberger Principal Holdings III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. CC Neuberger Principal Holdings III was incorporated in 2020 and is based in New York, New York.

CEO	Mr. Chinh E. Chu
WEBSITE	ccnbprincipal.com/switch-company/cc-neuberger-principal-holdings-III/default.aspx
INDUSTRY	Shell Companies

CC Neuberger Principal Holdings III Frequently Asked Questions

What is the ticker symbol for CC Neuberger Principal Holdings III? What does PRPC stand for in stocks?

PRPC is the stock ticker symbol of CC Neuberger Principal Holdings III. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CC Neuberger Principal Holdings III (PRPC)?

As of Tue Nov 07 2023, market cap of CC Neuberger Principal Holdings III is 49.68 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRPC stock?

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

What is the fair value of PRPC stock?

You can check PRPC's fair value in chart for subscribers. The fair value of CC Neuberger Principal Holdings III 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 CC Neuberger Principal Holdings III 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 PRPC 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 CC Neuberger Principal Holdings III a good stock to buy?

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