Industrial Tech Acquisitions, Inc. is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company’s efforts to identify a target business will not be limited to a particular industry or geographic region, although it intends to focus its search on target businesses in North America operating in the industrial focused technology areas including software, mobile and Internet of Things (“IoT”) applications, cloud communications and ultra-high bandwidth services, including LTE and 5G communications.
Company profile
Ticker
ARBE, ITACU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
851316132
Latest filings (excl ownership)
15-15D
Suspension of duty to report
8 Nov 21
8-K
Arbe Robotics Ltd. And Industrial Tech Acquisitions, Inc. Announce The Scheduled Completion of Business Combination
13 Oct 21
425
Business combination disclosure
7 Oct 21
8-K
Submission of Matters to a Vote of Security Holders
7 Oct 21
25-NSE
Exchange delisting
7 Oct 21
DEFM14A
Proxy related to merger
17 Sep 21
425
Business combination disclosure
16 Sep 21
8-K
Industrial Tech Acquisitions, Inc. and Arbe Robotics Ltd. Announce Special Meeting Date for Proposed Business Combination
16 Sep 21
PRER14A
Preliminary revised proxy
13 Sep 21
425
Business combination disclosure
10 Sep 21
Latest ownership filings
SC 13G/A
Karpus Management, Inc.
10 Nov 21
4
EUGENE SCOTT CRIST
12 Oct 21
SC 13G
CVI Investments, Inc.
26 Mar 21
SC 13G
Industrial Tech Partners, LLC
12 Feb 21
SC 13G/A
Weiss Asset Management LP
11 Feb 21
SC 13G
Hudson Bay Capital Management LP
10 Feb 21
SC 13G/A
Karpus Management, Inc.
8 Feb 21
SC 13G/A
BOOTHBAY FUND MANAGEMENT, LLC
5 Feb 21
SC 13G
Karpus Management, Inc.
8 Jan 21
SC 13G
Weiss Asset Management LP
3 Nov 20
Financial summary
Quarter (USD) | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
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Diluted EPS |
Annual (USD) | Dec 20 | |
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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) | 105.68 k | 105.68 k | 105.68 k | 105.68 k | 105.68 k | |
Cash burn (monthly) | 31.08 k | 46.12 k | 95.95 k | 57.23 k | 21.51 k | |
Cash used (since last report) | 1.05 mm | 1.55 mm | 3.23 mm | 1.93 mm | 724.44 k | |
Cash remaining | -941.19 k | -1.45 mm | -3.13 mm | -1.82 mm | -618.75 k | |
Runway (months of cash) | -30.3 | -31.4 | -32.6 | -31.8 | -28.8 |
Institutional ownership, Q3 2021
9.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 10 |
Closed positions | 9 |
Increased positions | 8 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 68.81 mm |
Total shares | 7.20 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Industrial Tech Partners | 1.91 mm | $19.94 mm |
Karpus Management | 943.36 k | $9.37 mm |
Hudson Bay Capital Management | 755.91 k | $7.64 mm |
BAC Bank Of America | 484.86 k | $4.82 mm |
CVI Investments | 400.00 k | $0.00 |
CVI | 399.06 k | $3.96 mm |
WRB W.R. Berkley | 255.10 k | $2.53 mm |
M&G Investment Management | 253.53 k | $2.54 mm |
Marshall Wace | 185.48 k | $1.84 mm |
BMO Bank of Montreal | 170.25 k | $1.72 mm |