Z-Work Acquisition Corp. (the “Company”) is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although the Company will not be limited to any particular industry, sector or geographic region in its identification and acquisition of a business combination target, the Company was created to take advantage of the transformative impact of technology on how work is found, facilitated and enhanced. Work, in all its forms, is being fundamentally disrupted and transformed as companies both big and small recognize the power of technology to improve worker productivity, satisfaction and, ultimately, their bottom lines. The Company plans to target high growth, technology-based and technology-enhanced companies that provide products and services that support companies, and workers.
Company profile
Ticker
ZWRK, ZWRKW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
853333982
ZWRK stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
19 Dec 22
8-K
Entry into a Material Definitive Agreement
8 Dec 22
25-NSE
Exchange delisting
8 Dec 22
DEFA14A
Additional proxy soliciting materials
2 Dec 22
8-K
Other Events
2 Dec 22
DEF 14A
Definitive proxy
10 Nov 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
8-K
Other Events
10 Nov 22
8-K
Other Events
31 Oct 22
PRE 14A
Preliminary proxy
31 Oct 22
Latest ownership filings
SC 13G
P SCHOENFELD ASSET MANAGEMENT LP
14 Feb 23
SC 13G/A
GLAZER CAPITAL, LLC
13 Feb 23
SC 13G/A
ARISTEIA CAPITAL LLC
10 Feb 23
SC 13G
Saba Capital Management, L.P.
25 Aug 22
SC 13G
GLAZER CAPITAL, LLC
14 Feb 22
SC 13G
ARISTEIA CAPITAL LLC
14 Feb 22
SC 13G
Z-Work Holdings LLC
10 Feb 22
SC 13G/A
Empyrean Capital Partners, LP
10 Feb 22
SC 13G
Empyrean Capital Partners, LP
11 Feb 21
3
DOUGLAS M ATKIN
28 Jan 21
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | 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) | 359.53 k | 359.53 k | 359.53 k | 359.53 k | 359.53 k | 359.53 k |
Cash burn (monthly) | (no burn) | 59.63 k | 400.19 k | 252.47 k | 60.10 k | 86.36 k |
Cash used (since last report) | n/a | 1.12 mm | 7.55 mm | 4.76 mm | 1.13 mm | 1.63 mm |
Cash remaining | n/a | -765.13 k | -7.19 mm | -4.40 mm | -773.96 k | -1.27 mm |
Runway (months of cash) | n/a | -12.8 | -18.0 | -17.4 | -12.9 | -14.7 |
Institutional ownership, Q3 2022
13F holders | Current |
---|---|
Total holders | 96 |
Opened positions | 42 |
Closed positions | 2 |
Increased positions | 39 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 220.94 mm |
Total shares | 33.51 mm |
Total puts | 0.00 |
Total calls | 291.26 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Z-Work | 5.75 mm | $0.00 |
P Schoenfeld Asset Management | 2.67 mm | $19.74 mm |
Aristeia Capital | 2.27 mm | $17.12 mm |
Glazer Capital | 1.63 mm | $16.06 mm |
Saba Capital Management | 1.45 mm | $14.34 mm |
Marshall Wace | 1.06 mm | $10.46 mm |
Millennium Management | 1.03 mm | $10.15 mm |
Jefferies | 766.67 k | $27.00 k |
Sculptor Capital | 765.51 k | $5.91 mm |
Parallax Volatility Advisers | 724.59 k | $25.00 k |