We are not presently engaged in, and we will not engage in, any substantive commercial business for an indefinite period of time. We intend to utilize cash derived from the proceeds of our initial public offering and the private placement of Private Placement Warrants, our capital stock, debt or a combination of these in effecting a business combination. Although substantially all of the net proceeds of the initial public offering and the private placement of Private Placement Warrants are intended to be applied generally toward effecting a business combination, the proceeds are not otherwise being designated for any more specific purposes. A business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but which desires to establish a public trading market for its shares, while avoiding what it may deem to be adverse consequences of undertaking a public offering itself. These include time delays, significant expense, loss of voting control and compliance with various Federal and state securities laws. In the alternative, we may seek to consummate a business combination with a company that may be financially unstable or in its early stages of development or growth. While we may seek to effect simultaneous business combinations with more than one target business, we will probably have the ability, as a result of our limited resources, to effect only a single business combination.
Company profile
Ticker
EDTXU, EDTXW
Website
CEO
Benjamin Vedrenne-Cloquet
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
830570234
Latest filings (excl ownership)
25-NSE
Exchange delisting
30 Mar 20
25-NSE
Exchange delisting
30 Mar 20
25-NSE
Exchange delisting
30 Mar 20
8-K
Submission of Matters to a Vote of Security Holders
27 Mar 20
DEFA14A
Additional proxy soliciting materials
23 Mar 20
10-K
2019 FY
Annual report
20 Mar 20
PRE 14A
Preliminary proxy
19 Mar 20
DEFM14A
Proxy related to merger
17 Mar 20
425
Business combination disclosure
11 Mar 20
425
Business combination disclosure
11 Mar 20
Latest ownership filings
SC 13G
BASSO CAPITAL MANAGEMENT, L.P.
12 Feb 21
SC 13G/A
Karpus Management, Inc.
9 Apr 20
SC 13G
Beneficial ownership report
21 Feb 20
SC 13G/A
EdtechX Holdings Acquisition Corp.
14 Feb 20
SC 13G
Beneficial ownership report
14 Feb 20
SC 13G
Beneficial ownership report
13 Feb 20
SC 13G/A
Beneficial ownership report (amended)
13 Feb 20
SC 13G/A
Beneficial ownership report (amended)
12 Feb 20
SC 13G/A
Beneficial ownership report (amended)
12 Feb 20
SC 13G/A
Beneficial ownership report (amended)
11 Feb 20
Financial summary
Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 383.59 k | 383.59 k | 383.59 k | 383.59 k | 383.59 k | |
Cash burn (monthly) | (no burn) | 23.65 k | 91.18 k | (no burn) | (no burn) | |
Cash used (since last report) | n/a | 1.23 mm | 4.73 mm | n/a | n/a | |
Cash remaining | n/a | -843.53 k | -4.35 mm | n/a | n/a | |
Runway (months of cash) | n/a | -35.7 | -47.7 | n/a | n/a |
Institutional ownership, Q1 2021
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|