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Simon Property Group Acquisition Holdings, Inc. Stock Research

SPGS

Market Closed

SPGS Stock Price

SPGS RSI Chart

SPGS Valuation

SPGS Profitability

EBT Margin

1579.01%

Return on Equity

-87.18%

Return on Assets

3.6%

SPGS Fundamentals

SPGS Revenue

SPGS Earnings

Earnings (TTM)

12.5M

Earnings Y/Y

-51.36%

Earnings Q/Q

-34.48%

Price Action

Last 7 days

0.1%

Last 30 days

0.6%

Last 90 days

2.7%

Trailing 12 Months

3.5%

SPGS Financial Health

Current Ratio

0.73

SPGS Investor Care

Financials for Simon Property Group Acquisition Holding

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q32021Q42021Q32021Q22021Q1
Revenue-100.0%98650015.008.00
Operating Expenses-75.6%1937901,873--
EBITDA4723.9%13,452279279--
EBITDA Margin-49.3%0.28*0.56*19.21*--
Earnings Before Taxes89.8%13,4527,0882791,730-
EBT Margin-49.3%0.28*0.56*19.21*--
Net Income83.6%12,5156,8157,088--
Net Income Margin-51.2%6.91*14.17*19.21*--
Free Cahsflow38.1%-1,100-1,778-2,115--
Balance Sheet
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.4%347,419346,202345,520345,885346,159
  Current Assets-51.6%3226654728661,147
    Cash Equivalents-60.4%15238583.00461653
Liabilities-8.1%14,67715,97819,13824,15925,932
  Current Liabilities102.7%440217295412313
Shareholder's Equity6.3%-14,355-15,313-18,665-23,292-24,785
  Retained Earnings6.3%-14,356-15,313-18,666-23,293-24,786
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations33.4%-1.10-1.65-1.44-1.78-2.12
Cashflow From Investing25.0%-345-460---
Cashflow From Financing-100.0%0.002.00347463-

Risks for SPGS

What is the probability of a big loss on SPGS?

0%

Probability that Simon Property Group Acquisition Holding stock will be more than 20% underwater in next one year

0%

Probability that Simon Property Group Acquisition Holding stock will be more than 30% underwater in next one year.

0%

Probability that Simon Property Group Acquisition Holding 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 SPGS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Simon Property Group Acquisition Holding was unfortunately bought at previous high price.

Drawdowns

Returns for SPGS

Cumulative Returns on SPGS

Which funds bought or sold SPGS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-02-27
Parallax Volatility Advisers, L.P.
sold off
-100
-305,000
-
 -%
2023-02-17
Radcliffe Capital Management, L.P.
sold off
-100
-9,426,000
-
 -%
2023-02-17
Radcliffe Capital Management, L.P.
sold off
-100
-985,000
-
 -%
2023-02-16
SkyView Investment Advisors, LLC
sold off
-100
-10,000
-
 -%
2023-02-15
NOMURA HOLDINGS INC
sold off
-100
-6,000
-
 -%
2023-02-15
JANE STREET GROUP, LLC
sold off
-100
-2,000
-
 -%
2023-02-15
NOMURA HOLDINGS INC
sold off
-100
-7,251,000
-
 -%
2023-02-15
Resurgent Financial Advisors LLC
sold off
-100
-163,000
-
 -%
2023-02-15
Vestcor Inc
sold off
-100
-
-
 -%
2023-02-15
Vestcor Inc
sold off
-100
-106,000
-
 -%

1–10 of 49

Latest Funds Activity

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

Simon Property Group Acquisition Holding News

Schedule 13G FIlings of Simon Property Group Acquisition Holding

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
marshall wace, llp
0%
0
SC 13G/A
Feb 14, 2022
marshall wace, llp
5.03%
1,734,448
SC 13G
Feb 11, 2022
spg sponsor, llc
19.9%
8,550,000
SC 13G

SPGS Fair Value

Recent SEC filings of Simon Property Group Acquisition Holding

View All Filings
Date Filed Form Type Document
Feb 14, 2023
SC 13G/A
Major Ownership Report
Dec 27, 2022
15-12G
15-12G

About Simon Property Group Acquisition Holding

Eli Simon
N/A
2
Simon Property Group Acquisition Holdings, Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Indianapolis, Indiana.

SPGS Income Statement

2022-09-30
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Formation and operational costs$ 249,361$ 1,068,215$ 807,547$ 1,404,638
Loss from operations(249,361)(1,068,215)(807,547)(1,404,638)
Other income (expense):    
Non-cash change in fair value of derivative liability - public warrants821,1003,243,0005,416,5004,416,000
Non-cash change in fair value of derivative liability - private warrants706,0663,026,0004,657,6663,738,000
Change in fair value of convertible promissory note - related party(3,649)(29,648)34,726(29,648)
Offering costs attributable to warrant liabilities   (645,069)
Other expense - private warrant liability   (771,333)
Interest income - bank813 1,276 
Interest earned on Marketable Securities held in trust account1,560,0695,3012,078,24812,561
Total other income, net3,084,3996,244,65312,188,4166,720,511
Income before provision for income taxes2,835,0385,176,43811,380,8695,315,873
Provision for income taxes317,285 365,551 
Net income$ 2,517,753$ 5,176,438$ 11,015,318$ 5,315,873
Class A common stock    
Other income (expense):    
Basic and diluted weighted average shares outstanding34,500,00034,500,00034,500,00027,675,824
Basic and diluted weighted average shares outstanding34,500,00034,500,00034,500,00027,675,824
Basic and diluted net income per share$ 0.06$ 0.12$ 0.26$ 0.15
Basic and diluted net income per share$ 0.06$ 0.12$ 0.26$ 0.15
Class B common stock    
Other income (expense):    
Basic and diluted weighted average shares outstanding8,625,0008,625,0008,625,0008,625,000
Basic and diluted weighted average shares outstanding8,625,0008,625,0008,625,0008,625,000
Basic and diluted net income per share$ 0.06$ 0.12$ 0.26$ 0.15
Basic and diluted net income per share$ 0.06$ 0.12$ 0.26$ 0.15

SPGS Balance Sheet

2022-09-30
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash$ 152,365$ 461,064
Prepaid expenses169,480405,042
Total current assets321,845866,106
Marketable Securities held in Trust Account347,097,352345,019,104
Total assets347,419,197345,885,210
Current liabilities:  
Accounts payable and accrued expenses74,401412,391
Income taxes payable365,551 
Total current liabilities439,952412,391
Convertible promissory note - related party1,328,124762,850
Deferred underwriting discount12,075,00012,075,000
Total liabilities14,677,24324,158,574
Commitments and contingencies (see Note 6)
Stockholders' Deficit:  
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Accumulated deficit(14,356,261)(23,293,331)
Total Stockholders' Deficit(14,355,398)(23,292,468)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT347,419,197345,885,210
Public Warrants  
Current liabilities:  
Derivative liability448,5005,865,000
Private Placement Warrants  
Current liabilities:  
Derivative liability385,6675,043,333
Class A Common Stock Subject to Redemption  
Current liabilities:  
Class A common stock, $0.0001 par value; 200,000,000 shares authorized; 34,500,000 shares subject to redemption at redemption value at September 30, 2022 and December 31, 2021347,097,352345,019,104
Class B common stock  
Stockholders' Deficit:  
Class B common shares, $0.0001 par value, 20,000,000 shares authorized, 8,625,000 issued and outstanding at September 30, 2022 and December 31, 2021$ 863$ 863