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ALTU Altitude Acquisition

Altitude Acquisition Corp. is a blank-check company 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 Company intends to focus on travel, travel technology and travel-related businesses with an enterprise value of $1 billion or more with either business-to-business (“B2B”) or business-to-consumer (“B2C”) focuses, that have compelling growth opportunities with strong underlying demand drivers.

ALTU stock data

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Calendar

13 Aug 21
23 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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)
Cash on hand (at last report) 207.63K 207.63K 207.63K
Cash burn (monthly) 68.59K 126.61K 6.48M
Cash used (since last report) 260.21K 480.36K 24.59M
Cash remaining -52.58K -272.72K -24.38M
Runway (months of cash) -0.8 -2.2 -3.8

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
11 Dec 20 Altitude Acquisition Holdco Class B Common Stock Class A Common Stock Other Dispose J No No 0 3,750 0 7,500,000

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

10.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 16 66 -75.8%
Opened positions 8 26 -69.2%
Closed positions 58 36 +61.1%
Increased positions 0 19 EXIT
Reduced positions 7 17 -58.8%
13F shares
Current Prev Q Change
Total value 16.71M 4.11B -99.6%
Total shares 3.14M 21.51M -85.4%
Total puts 0 238.6K EXIT
Total calls 0 444.52K EXIT
Total put/call ratio 0.5
Largest owners
Shares Value Change
Linden Capital 1.5M $0 0.0%
Capital Advisors, LLC- CA Arena 1M $10.18M NEW
Millennium Management 190.25K $1.94M NEW
Wealthspring Capital 151.7K $1.55M NEW
Kamunting Street Capital Management 75K $764K NEW
HRT Financial 55.86K $568K -11.3%
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS 50K $509K NEW
Sage Mountain Advisors 43.02K $438K NEW
VIRT Virtu Financial 22.02K $223K -50.4%
Wolverine Trading 18.13K $180K -62.9%
Largest transactions
Shares Bought/sold Change
Linden Advisors 0 -2.19M EXIT
Citadel Advisors 13.22K -1.68M -99.2%
HGC Investment Management 0 -1.6M EXIT
Glazer Capital 17.48K -1.57M -98.9%
P Schoenfeld Asset Management 0 -1.16M EXIT
Capital Advisors, LLC- CA Arena 1M +1M NEW
Polar Asset Management Partners 0 -935.63K EXIT
MMCAP International Inc. SPC 0 -845.1K EXIT
Governors Lane 0 -811.16K EXIT
BlueCrest Capital Management 0 -796.21K EXIT

Financial report summary

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Management Discussion
  • As of December 31, 2020, we have not commenced any operations. All activity for the period from August 12, 2020 (inception) through December 31, 2020, relates to our formation and initial public offering (“Public Offering” or “IPO”), and, since the completion of the IPO, searching for a target to consummate a Business Combination. We will not generate any operating revenues until after the completion of a Business Combination, at the earliest. We will generate non-operating income in the form of interest income from the proceeds derived from the Public Offering and placed in the Trust Account (defined below).
  • For the period from August 12, 2020 (inception) through December 31, 2020, we had a net loss of $159,085. We incurred $159,383 of formation and operating costs (not charged against stockholders’ equity), consisting mostly of general and administrative expenses. We earned interest income of $298.
Content analysis
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Constraining
Legalese
Litigous
Readability
H.S. junior Bad

Proxies

No filings