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SPGS

10.07USD+0.01(+0.10%)Market Closed

Simon Property Group Acquisition Holdings, Inc.

Market Summary

USD10.07+0.01Market Closed
0.10%

SPGS Stock Price

RSI Chart

Valuation

Profitability

EBT Margin

1579.01%

Return on Equity

303.47%

Return on Assets

4.38%

Fundamentals

Revenue

Revenue (TTM)

985.7K

Earnings

Earnings (TTM)

12.5M

Earnings Y/Y

-51.36%

Earnings Q/Q

-34.48%

Price Action

52 Week Range

9.6810.24
(Low)(High)

Last 7 days

0.3%

Last 30 days

1.2%

Last 90 days

2.3%

Trailing 12 Months

2.8%

Financial Health

Current Ratio

3.06

Investor Care

Financials for Simon Property Group Acquisition Holding

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2021Q42021Q32021Q22021Q1
Revenue97.1%986500158
Operating Expenses-57.8%7901,873
Earnings Before Taxes2441.6%7,0882791,730
Net Income-3.8%6,8157,088
Balance Sheet
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.4%347,419346,202345,520345,885346,159
  Current Assets-51.6%3226654728661,147
    Cash Equivalents-60.4%15238583461653
Liabilities-8.1%14,67715,97819,13824,15925,932
  Current Liabilities102.7%440217295412313
  Retained Earnings6.3%-14,356.26-15,313.94-18,666.77-23,293.33-24,786.14
* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations33.4%-1.10-1.65-1.44-1.78-2.12
Cashflow From Investing25.0%-345.00-460.00
Cashflow From Financing-100.0%02347463
* denotes actual numbers (not divided by Millions)

Risks

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.

Returns

Cumulative Returns on SPGS

Which funds bought or sold SPGS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
Mint Tower Capital Management B.V.
-
-
447,000
5,360,000
0.42%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
305,000
305,000
-%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-419,000
-
-%
2022-11-15
NOMURA HOLDINGS INC
REDUCED
-38.19
-4,409,000
7,251,000
0.03%
2022-11-15
SkyView Investment Advisors, LLC
UNCHANGED
-
-
10,000
-%
2022-11-15
Sandia Investment Management LP
ADDED
0.67
2,000
148,000
0.02%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Westchester Capital Management, LLC
UNCHANGED
-
-
4,703,000
0.13%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Anson Funds Management LP
UNCHANGED
-
7,000
1,476,000
0.17%

1–10 of 48

Latest Funds Activity

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

Simon Property Group Acquisition Holding News

InvestorPlace

The InvestorPlace Inflation Protection Plan.14 hours ago

Seeking Alpha

SPGS Fair Value

Recent SEC filings of Simon Property Group Acquisition Holding

View All Filings
Date Filed Form Type Document
Nov 30, 2022
8-K
Current Report
Nov 28, 2022
25-NSE
25-NSE
Nov 10, 2022
8-K
Current Report
Nov 09, 2022
PRE 14A
PRE 14A
Nov 04, 2022
10-Q
Quarterly Report
Eli Simon
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