TSPQ - TCW Special Purpose Acquisition Stock

TSPQ Stock Price

TSPQ RSI Chart

TSPQ Valuation

Market Cap

146.0M

Price/Earnings (Trailing)

9.74

Price/Free Cashflow

-147.52

TSPQ Price/Sales (Trailing)

TSPQ Profitability

Return on Equity

-45.6%

Return on Assets

2%

Free Cashflow Yield

-0.68%

TSPQ Fundamentals

TSPQ Revenue

Revenue Y/Y

-72.39%

Revenue Q/Q

3.79%

TSPQ Earnings

Earnings (TTM)

9.3M

Earnings Y/Y

-77.12%

Earnings Q/Q

-9.53%

Price Action

Last 7 days

0.1%

Last 30 days

0.7%

Last 90 days

2.3%

Trailing 12 Months

3.1%

TSPQ Financial Health

Current Ratio

0.12

TSPQ Investor Care

Financials for TCW Special Purpose Acquisition

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	NaN%
Operating Expenses	104.9%	5,032,623	2,456,376	2,121,872	1,666,061	1,477,036
Net Income	-37.2%	9,342,592	14,877,051	24,272,337	17,203,380	23,296,937
Net Income Margin	-94.7%	21.03	400	717	1,093	-
Free Cahsflow	-128.2%	-2,257,318	-989,349	-782,621	-1,381,087	-1,758,850

* denotes actual numbers (not divided by Thousands)
Balance Sheet					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	0.2%	466,005	465,279	464,623	464,761	464,978
Current Assets	-23.6%	477	625	627	709	1,029
Cash Equivalents	13.4%	206	182	33.00	123	185
Liabilities	-8.1%	21,544	23,448	24,937	31,578	31,525
Current Liabilities	88.9%	3,927	2,079	1,345	1,320	962
Shareholder's Equity	8.4%	-20,487	-22,355	-24,247	-30,749	-30,479
Retained Earnings	7.2%	-21,138	-22,780	-24,595	-30,750	-30,481
Additional Paid-In Capital	53.3%	650	424	347	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	-128.2%	-2.26	-0.99	-0.78	-1.38	-1.76
Cashflow From Investing	100.0%	0.00	-463	-618	-	-
Cashflow From Financing	122.2%	2.00	1.00	0.00	465	621

Risks for TSPQ

What is the probability of a big loss on TSPQ?

0%

Probability that TCW Special Purpose Acquisition stock will be more than 20% underwater in next one year

0%

Probability that TCW Special Purpose Acquisition stock will be more than 30% underwater in next one year.

0%

Probability that TCW Special Purpose Acquisition 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 TSPQ drawdown profile look like?

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

Drawdowns

Returns for TSPQ

Cumulative Returns on TSPQ

Which funds bought or sold TSPQ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-02-27	Parallax Volatility Advisers, L.P.	sold off	-100	-2,000	-	-%
2023-02-17	Radcliffe Capital Management, L.P.	sold off	-100	-5,504,000	-	-%
2023-02-17	Radcliffe Capital Management, L.P.	sold off	-100	-1,799,000	-	-%
2023-02-15	NOMURA HOLDINGS INC	sold off	-100	-20,841,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-245,000	-	-%
2023-02-15	NOMURA HOLDINGS INC	sold off	-100	-85,000	-	-%
2023-02-15	Virtu Financial LLC	sold off	-100	-290,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-	-	-%
2023-02-15	JANE STREET GROUP, LLC	sold off	-100	-4,522,000	-	-%
2023-02-15	JANE STREET GROUP, LLC	sold off	-100	-19,517,000	-	-%

Latest Funds Activity

Are funds buying TSPQ calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own TSPQ

No. of Funds

TCW Special Purpose Acquisition News

Schedule 13G FIlings of TCW Special Purpose Acquisition

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	citadel advisors llc	0.0%	0	SC 13G/A
Feb 13, 2023	glazer capital, llc	0.0%	0	SC 13G/A
Feb 14, 2022	glazer capital, llc	9.21%	4,274,888	SC 13G
Feb 14, 2022	citadel advisors llc	5.3%	6	SC 13G/A
Feb 10, 2022	tcw special purpose sponsor llc	20%	11,598,325	SC 13G

TSPQ Fair Value

Recent SEC filings of TCW Special Purpose Acquisition

View All Filings

Date Filed	Form Type	Document
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	SC 13G/A	Major Ownership Report
Dec 27, 2022	15-12G	15-12G
Dec 16, 2022	25-NSE	25-NSE
Dec 15, 2022	8-K	Current Report

About TCW Special Purpose Acquisition

Joseph R. Shaposhnik

www.tcwspac.com

4

TCW Special Purpose Acquisition Corp. does not have significant operations. The company intends to acquire assets and businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It focuses on pursuing opportunities in the technology, healthcare, industrial, or consumer sectors. The company was incorporated in 2020 and is based in Los Angeles, California.

TSPQ Income Statement

2022-09-30

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Operating and formation costs	$ 2,941,936	$ 365,689	$ 4,474,339	$ 1,107,777
Expensed offering costs				1,323,595
Franchise tax expense	50,000	49,611	150,000	149,589
Loss from operations	(2,991,936)	(415,300)	(4,624,339)	(2,580,961)
Interest and dividend income on investments held in Trust Account	1,151,438	7,128	1,848,956	15,882
Gain on change in fair value of warrant liabilities	3,752,558	7,584,568	12,640,947	19,920,494
Gain on change in fair value of over-allotment option liability				99,884
Gain on expiration of over-allotment option liability				17,404
Gain on change in fair value of convertible promissory note - related party	69,200		179,700
Income before income taxes	1,981,260	7,176,396	10,045,264	17,472,703
Income tax expense	(339,323)		(433,349)
Net income	$ 1,641,937	$ 7,176,396	$ 9,611,915	$ 17,472,703
Class A Common Stock
Basic weighted average shares outstanding (in Shares)	46,393,299	46,393,299	46,393,299	35,682,049
Basic net income per share (in Dollars per share)	$ 0.03	$ 0.12	$ 0.17	$ 0.37
Class B Common Stock
Basic weighted average shares outstanding (in Shares)	11,598,325	11,598,325	11,598,325	11,516,666
Basic net income per share (in Dollars per share)	$ 0.03	$ 0.12	$ 0.17	$ 0.37

TSPQ Balance Sheet

2022-09-30

Condensed Balance Sheets - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 205,873	$ 123,154
Prepaid expenses	271,529	585,792
Total current assets	477,402	708,946
Prepaid insurance - noncurrent		95,357
Cash and Investments held in Trust Account	465,527,834	463,956,966
TOTAL ASSETS	466,005,236	464,761,269
Current liabilities:
Accounts payable	66,169	233,391
Accrued offering costs	179,100	179,100
Accrued expenses	2,958,392	633,732
Accrued expenses - related party	90,000	100,000
Income tax payable	433,349
Franchise tax payable	45,661	173,749
Convertible promissory note - related party (at fair value)	154,600
Total current liabilities	3,927,271	1,319,972
Warrant liabilities	1,379,012	14,019,959
Deferred underwriting fee payable	16,237,655	16,237,655
Total Liabilities	21,543,938	31,577,586
Commitments and Contingencies (Note 7)
Class A common stock, $0.0001 par value, subject to possible redemption; 46,393,299 shares at redemption value as of September 30, 2022 and December 31, 2021	464,948,824	463,932,990
Stockholders’ Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of September 30, 2022 and December 31, 2021
Class A common stock, $0.0001 par value; 380,000,000 shares authorized; 46,393,299 shares issued as of September 30, 2022 and December 31, 2021; no shares outstanding (excluding 46,393,299 shares subject to possible redemption) as of September 30, 2022 and December 31, 2021
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 11,598,325 shares issued and outstanding as of September 30, 2022 and December 31, 2021	1,160	1,160
Additional paid-in capital	649,866
Accumulated deficit	(21,138,552)	(30,750,467)
Total Stockholders’ Deficit	(20,487,526)	(30,749,307)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 466,005,236	$ 464,761,269