Glenfarne Merger Corp. (the “Company”) is a blank check company incorporated in Delaware on June 16, 2020. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.
Company profile
Ticker
GGMC, GGMCW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
851535392
GGMC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
27 Dec 22
8-K
Glenfarne Merger Corp. Announces Delisting of its Securities from the Nasdaq Stock Market LLC
23 Dec 22
8-K
Entry into a Material Definitive Agreement
16 Dec 22
25-NSE
Exchange delisting
16 Dec 22
8-K
Glenfarne Merger Corp. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
9 Dec 22
DEF 14A
Definitive proxy
22 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
PRE 14A
Preliminary proxy
10 Nov 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
10-Q
2022 Q1
Quarterly report
13 May 22
Latest ownership filings
SC 13G/A
Linden Capital L.P.
14 Feb 23
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 23
SC 13G/A
Polar Asset Management Partners Inc.
13 Feb 23
SC 13G/A
Blackstone Holdings I L.P.
10 Feb 23
SC 13G/A
Magnetar Financial LLC
24 Jan 23
SC 13G/A
Sculptor Capital LP
14 Feb 22
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 22
SC 13G/A
Blackstone Holdings I L.P.
11 Feb 22
SC 13G
Shaolin Capital Management LLC
10 Feb 22
SC 13G/A
Owl Creek Asset Management, L.P.
10 Feb 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | |
---|---|---|
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) | 142.26 k | 142.26 k | 142.26 k | 142.26 k | 142.26 k | 142.26 k |
Cash burn (monthly) | 30.44 k | 64.42 k | (no burn) | (no burn) | 30.44 k | 64.42 k |
Cash used (since last report) | 546.29 k | 1.16 mm | n/a | n/a | 546.29 k | 1.16 mm |
Cash remaining | -404.04 k | -1.01 mm | n/a | n/a | -404.04 k | -1.01 mm |
Runway (months of cash) | -13.3 | -15.7 | n/a | n/a | -13.3 | -15.7 |
Institutional ownership, Q3 2022
70.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 32 |
Opened positions | 2 |
Closed positions | 19 |
Increased positions | 1 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 86.96 mm |
Total shares | 19.80 mm |
Total puts | 0.00 |
Total calls | 285.83 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Glenfarne Sponsor | 7.96 mm | $79.48 mm |
Blackstone Holdings I | 2.48 mm | $0.00 |
Linden Capital | 2.28 mm | $0.00 |
Parallax Volatility Advisers | 1.32 mm | $106.00 k |
Sculptor Capital | 825.00 k | $66.00 k |
Radcliffe Capital Management | 712.95 k | $6.99 mm |
Linden Advisors | 656.25 k | $52.00 k |
Magnetar Financial | 571.24 k | $46.00 k |
Shaolin Capital Management | 522.60 k | $37.00 k |
Polar Asset Management Partners | 482.49 k | $34.00 k |