GLAE GlassBridge Enterprises

GlassBridge Enterprises, Inc. operates as a holding company for GlassBridge Asset Management, LLC, which is an investment advisor focused on technology-driven and quantitative strategies. It operates through the following business segments: Consumer Storage & Accessories and Tiered Storage & Security Solutions. The firm actively explores diverse range of new, strategic asset management business opportunity for its portfolio. The company was founded in March 1996 and is headquartered in Oakdale, MN.
Company profile
Ticker
GLAE
Exchange
Website
CEO
Daniel A. Strauss
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
IMATION CORP
SEC CIK
Corporate docs
IRS number
411838504
GLAE stock data
()
Investment data
Securities sold
Number of investors
Calendar
31 Mar 21
11 Apr 21
31 Dec 21
Financial summary
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Sep 20 | Jun 20 | Mar 20 | Sep 19 | |
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Diluted EPS |
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Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M |
Cash burn (monthly) | 4.97M | (positive/no burn) | 866.67K | 575K | 3.17M | 483.33K |
Cash used (since last report) | 31.81M | n/a | 5.55M | 3.68M | 20.28M | 3.1M |
Cash remaining | -28.61M | n/a | -2.35M | -483.26K | -17.08M | 103.92K |
Runway (months of cash) | -5.8 | n/a | -2.7 | -0.8 | -5.4 | 0.2 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Dec 20 | Torricelli Robert G | Common Stock | Other | Dispose J | No | No | 50.01 | 250 | 12.5K | 80 |
31 Dec 20 | George E. Hall | Common Stock | Buy | Aquire P | Yes | No | 0 | 250 | 0 | 7,578 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
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Content analysis
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Readability |
H.S. freshman Avg
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New words:
billed, bore, consumption, depreciated, depreciation, derecognised, embodied, equipment, life, month, owed, partnership, plant, recognised, residual
Removed:
account, beginning, book, buy, designated, evidenced, expanded, institutional, invest, participate, portion, registered, respond, sell, substantially, transfer
Financial reports
NT 10-K
Notice of late annual filing
31 Mar 21
10-Q
2020 Q3
Quarterly report
15 Nov 20
10-Q
2020 Q2
Quarterly report
14 Aug 20
10-Q
2020 Q1
Quarterly report
29 Jun 20
10-K/A
2019 FY
Annual report (amended)
30 Apr 20
10-K
2019 FY
Annual report
3 Apr 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
NT 10-Q
Notice of late quarterly filing
15 Aug 19
10-Q
2019 Q2
Quarterly report
14 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
28 Jan 21
8-K
Departure of Directors or Certain Officers
15 Jan 21
8-K/A
Submission of Matters to a Vote of Security Holders
12 Jan 21
8-K
Submission of Matters to a Vote of Security Holders
22 Dec 20
8-K
Amendments to Articles of Incorporation or Bylaws
28 Sep 20
8-K
Other Events
16 Sep 20
8-K
Departure of Directors or Certain Officers
19 Aug 20
8-K
Entry into a Material Definitive Agreement
27 Jul 20
8-K
Other Events
11 May 20
8-K
Other Events
30 Mar 20
Registration and prospectus
25/A
Voluntary exchange delisting (amended)
7 Aug 17
25
Voluntary exchange delisting
30 Jul 17
15-15D
Suspension of duty to report
20 Jun 17
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Jun 17
POS AM
Prospectus update (post-effective amendment)
27 Mar 17
D
$10.13M in equity, sold $10.13M, 1 investor
2 Feb 17
S-8
Registration of securities for employees
7 May 13
424B7
Prospectus with selling stockholder info
28 Apr 13
S-3/A
Shelf registration (amended)
20 Mar 13
8-A12B/A
Registration of securities on exchange (amended)
12 Feb 13
Proxies
DEFA14A
Additional proxy soliciting materials
30 Nov 20
DEF 14A
Definitive proxy
30 Nov 20
DEFR14A
Revised proxy
2 Jul 19
DEF 14A
Definitive proxy
28 Jun 19
PRE 14A
Preliminary proxy
14 Jun 19
DEFA14A
Additional proxy soliciting materials
4 May 18
DEF 14A
Definitive proxy
4 May 18
PRE 14A
Preliminary proxy
23 Apr 18
DEF 14A
Definitive proxy
16 Jul 17
DEFA14A
Additional proxy soliciting materials
16 Jul 17
Other
UPLOAD
Letter from SEC
2 Jul 19
CORRESP
Correspondence with SEC
1 Jul 19
UPLOAD
Letter from SEC
1 Jul 19
UPLOAD
Letter from SEC
16 Nov 17
CORRESP
Correspondence with SEC
28 Aug 17
UPLOAD
Letter from SEC
15 Aug 17
EFFECT
Notice of effectiveness
27 Mar 17
CT ORDER
Confidential treatment order
30 Aug 16
SD
Conflict minerals disclosure
2 Jun 16
CORRESP
Correspondence with SEC
16 May 16
Ownership
SC 13G/A
GlassBridge Enterprises / ARIEL INVESTMENTS ownership change
12 Feb 21
SC 13D/A
GlassBridge Enterprises / Hall George E. ownership change
5 Jan 21
4
GlassBridge Enterprises / George E. Hall ownership change
5 Jan 21
4
GlassBridge Enterprises / Robert G Torricelli ownership change
5 Jan 21
SC 13G/A
GlassBridge Enterprises / ARIEL INVESTMENTS ownership change
10 Jul 20
4
GlassBridge Enterprises / Robert G Torricelli ownership change
7 May 20
4
GlassBridge Enterprises / Alex Spiro ownership change
7 May 20
4
GlassBridge Enterprises / Robert Searing ownership change
7 May 20
4
GlassBridge Enterprises / Perio Joseph A De ownership change
7 May 20
4
GlassBridge Enterprises / Daniel Strauss ownership change
7 May 20