kingswood acquisition corp. (nyse: kwac.u) intends to build, through strategic business combinations, the first vertically integrated global wealth and investment management business listed on the nyse catering to the underserved retail mass affluent and private client investors.
Company profile
Ticker
BCG, BCG
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Kingswood Global Holdings Inc.
SEC CIK
Corporate docs
Subsidiaries
Binah Capital Group, Inc. • Kingswood Merger Sub, Inc. • Wentworth Merger Sub, LLC ...
IRS number
852432410
BCG stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
27 Mar 24
425
Business combination disclosure
8 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
8 Mar 24
DEFA14A
Additional proxy soliciting materials
4 Mar 24
8-K
Kingswood Acquisition Corp. Further Postpones Special Meeting
4 Mar 24
425
Business combination disclosure
22 Feb 24
8-K
Amendments to Articles of Incorporation or Bylaws
22 Feb 24
DEFA14A
Additional proxy soliciting materials
20 Feb 24
8-K
Kingswood Acquisition Corp. Makes Announcements
20 Feb 24
DEFA14A
Additional proxy soliciting materials
20 Feb 24
Latest ownership filings
SC 13G/A
Polar Asset Management Partners Inc.
9 Feb 24
SC 13G/A
Owl Creek Asset Management, L.P.
8 Sep 23
4
JEFFREY A ALTMAN
21 Aug 23
4
Change in insider ownership
5 Jul 23
3
JEFFREY A ALTMAN
2 Jun 23
SC 13G
Owl Creek Asset Management, L.P.
2 Jun 23
3
Initial statement of insider ownership
27 Apr 23
SC 13G
MIZUHO FINANCIAL GROUP INC
14 Feb 23
SC 13G/A
PERISCOPE CAPITAL INC.
13 Feb 23
SC 13G/A
Polar Asset Management Partners Inc.
10 Feb 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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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) | 1.51 k | 1.51 k | 1.51 k | 1.51 k | 1.51 k | 1.51 k |
Cash burn (monthly) | 2.96 k | 20.91 k | 240.70 k | 314.22 k | 2.96 k | 31.72 k |
Cash used (since last report) | 19.72 k | 139.52 k | 1.61 mm | 2.10 mm | 19.72 k | 211.59 k |
Cash remaining | -18.22 k | -138.02 k | -1.60 mm | -2.09 mm | -18.22 k | -210.08 k |
Runway (months of cash) | -6.2 | -6.6 | -6.7 | -6.7 | -6.2 | -6.6 |
Institutional ownership, Q2 2023
86.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 1 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 2.76 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Kingswood Global Sponsor | 2.61 mm | $0.00 |
MFG Mizuho Financial | 96.88 k | $0.00 |
Owl Creek Asset Management | 60.60 k | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Aug 23 | Owl Creek Asset Management | Class A Common Stock, par value $0.0001 per share | Sell | Dispose S | Yes | No | 12.02 | 60,600 | 728.41 k | 0 |
Press releases
Kingswood Acquisition Corp. and Wentworth Management Services LLC Announce Completion of Merger and Launch of Binah Capital Group
19 Mar 24
Kingswood Acquisition Corp. Further Postpones Special Meeting
4 Mar 24
Kingswood Acquisition Corp. Makes Announcements Regarding Two Special Meetings of Stockholders
20 Feb 24