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RMG Acquisition Corp. III Stock Research

RMGC

Market Closed

RMGC Stock Price

RMGC RSI Chart

RMGC Valuation

Market Cap

121.8M

Price/Earnings (Trailing)

7.97

Price/Free Cashflow

-181.78

RMGC Price/Earnings (Trailing)

RMGC Profitability

Return on Equity

-76.41%

Return on Assets

3.15%

Free Cashflow Yield

-0.55%

RMGC Fundamentals

RMGC Earnings

Earnings (TTM)

15.3M

Earnings Y/Y

-79.54%

Earnings Q/Q

-82.25%

Price Action

Last 30 days

0.3%

Last 90 days

0.0%

Trailing 12 Months

2.5%

RMGC Financial Health

Current Ratio

0.47

RMGC Investor Care

Diluted EPS (TTM)

0.26

Financials for RMG Acquisition III

Income Statement (Last 12 Months)
Description(%) Q/Q
Balance Sheet
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.4%486,167484,203483,837483,721483,988
  Current Assets-41.9%301517776662948
    Cash Equivalents-38.3%86.0013923494.00191
Liabilities4.0%20,41919,64225,96031,62033,534
  Current Liabilities13.8%638560546164112
Shareholder's Equity-5.2%-20,017-19,024-25,123-30,898-32,546
  Retained Earnings-5.2%-20,018-19,025-25,124-30,899-32,547
  Additional Paid-In CapitalNaN%-----
Shares Outstanding0%12,07512,07512,07511,90712,075
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations24.1%-670-882-1,222-2,353-2,957
Cashflow From Investing0%65.0065.0038.00-482,961-644,000
Cashflow From Financing0%500500275485,409647,212

Risks for RMGC

What is the probability of a big loss on RMGC?

0%


Probability that RMG Acquisition III stock will be more than 20% underwater in next one year

0%


Probability that RMG Acquisition III stock will be more than 30% underwater in next one year.

0%


Probability that RMG Acquisition III stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RMGC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if RMG Acquisition III was unfortunately bought at previous high price.

Drawdowns

Returns for RMGC

Cumulative Returns on RMGC

Which funds bought or sold RMGC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
-
-%
2023-03-06
OLD MISSION CAPITAL LLC
new
-
380
380
-%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-70,000
-
-%
2023-03-06
OLD MISSION CAPITAL LLC
sold off
-100
-1,000
-
-%
2023-02-17
Radcliffe Capital Management, L.P.
unchanged
-
133,328
9,248,330
0.29%
2023-02-17
Radcliffe Capital Management, L.P.
unchanged
-
26,984
1,880,980
0.06%
2023-02-15
NOMURA HOLDINGS INC
added
16.62
1,340,000
8,686,000
0.04%
2023-02-15
JANE STREET GROUP, LLC
reduced
-38.25
-4,578,700
7,679,300
-%
2023-02-15
NOMURA HOLDINGS INC
unchanged
-
-4,000
8,000
-%
2023-02-15
JANE STREET GROUP, LLC
unchanged
-
-13,500
4,500
-%

1–10 of 49

Latest Funds Activity

Are funds buying RMGC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own RMGC
No. of Funds

RMG Acquisition III News

Schedule 13G FIlings of RMG Acquisition III

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2023
meteora capital, llc
11.2%
5,415,017
SC 13G
Feb 13, 2023
aristeia capital llc
8.48%
4,097,347
SC 13G/A
Feb 14, 2022
aristeia capital llc
7.04%
3,400,773
SC 13G

RMGC Fair Value

Recent SEC filings of RMG Acquisition III

View All Filings
Date Filed Form Type Document
Feb 16, 2023
SC 13G
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Jan 11, 2023
8-K
Current Report
Jan 11, 2023
425
Prospectus Filed
Jan 10, 2023
8-K
Current Report
Jan 10, 2023
425
Prospectus Filed
Jan 04, 2023
8-K
Current Report
Jan 04, 2023
425
Prospectus Filed
Robert S. Mancini
RMG Acquisition Corp. III focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was founded in 2020 and is based in Miami Beach, Florida.

RMGC Income Statement

2022-09-30
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
General and administrative expenses$ 293,696$ 283,830$ 1,408,870$ 1,513,445
Loss from operations(293,696)(283,830)(1,408,870)(1,513,445)
Other income (expense)    
Change in fair value of derivative liabilities(697,008)6,077,95012,181,7457,537,410
Financing costs - warrant liabilities000(734,320)
Interest income013047
Interest expenses(2,468)0(6,614)0
Unrealized gain on investments held in Trust Account2,179,9976,2162,880,65040,207
Total other income (expense)1,480,5216,084,17915,055,7816,843,344
Net income$ 1,186,825$ 5,800,349$ 13,646,911$ 5,329,899
Weighted average Class B ordinary shares, basic12,075,00012,075,00012,075,00011,850,000
Weighted average Class B ordinary shares, diluted12,075,00012,075,00012,075,00011,850,000
Basic net income per ordinary share$ 0.02$ 0.1$ 0.23$ 0.1
Diluted net income per ordinary share$ 0.02$ 0.1$ 0.23$ 0.1
Common Stock Subject to Redemption [Member]    
Other income (expense)    
Weighted average Class A ordinary shares, basic and diluted48,300,00048,300,00048,300,00041,098,909
Basic net income per ordinary share$ 0.02$ 0.1$ 0.23$ 0.1
Diluted net income per ordinary share$ 0.02$ 0.1$ 0.23$ 0.1

RMGC Balance Sheet

2022-09-30
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash$ 85,886$ 93,599
Prepaid expenses214,892568,058
Total current assets300,778661,657
Investments held in Trust Account485,865,952483,012,312
Other assets047,083
Total Assets486,166,730483,721,052
Current liabilities:  
Accounts payable136,15073,405
Accrued expenses441,44090,287
Accrued expenses - related party60,0000
Total current liabilities637,590163,692
Deferred legal fees250,000250,000
Deferred underwriting commissions16,905,00016,905,000
Convertible working capital loan - related party498,7290
Derivative warrant liabilities2,127,24014,301,100
Total liabilities20,418,55931,619,792
Commitments and Contingencies
Class A ordinary shares; 48,300,000 and no shares subject to possible redemption at $10.06 and $10.00 per share at September 30, 2022 and December 31, 2021, respectively485,765,952483,000,000
Shareholders' Deficit:  
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding at September 30, 2022 and December 31, 2021, respectively00
Additional paid-in capital00
Accumulated deficit(20,018,989)(30,899,948)
Total shareholders' deficit(20,017,781)(30,898,740)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit486,166,730483,721,052
Class A Common Stock  
Shareholders' Deficit:  
Common stock00
Class B Common Stock  
Shareholders' Deficit:  
Common stock$ 1,208$ 1,208