Provident Acquisition Corp. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although the Company’s efforts to identify a prospective business combination opportunity will not be limited to a particular industry, it intends to focus on consumption-focused companies with disruptive growth potential that have operations or prospective operations in Asia, with a particular focus on the technology sector in Southeast Asia.
Company profile
Ticker
PAQC
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Latest filings (excl ownership)
15-12G
Securities registration termination
7 Nov 22
25-NSE
Exchange delisting
28 Oct 22
8-K
Perfect Corp. and Provident Acquisition Corp. Complete Business Combination
28 Oct 22
425
Business combination disclosure
25 Oct 22
8-K
Perfect Corp. and Provident Acquisition Corp. Announce Approval of Business Combination by Provident’s Shareholders
25 Oct 22
DEFA14A
Additional proxy soliciting materials
24 Oct 22
425
Business combination disclosure
11 Oct 22
425
Business combination disclosure
11 Oct 22
425
Business combination disclosure
30 Sep 22
425
Business combination disclosure
30 Sep 22
Latest ownership filings
4
Winato Kartono
1 Nov 22
4
Charles Mark Broadley
1 Nov 22
4
John Mackay McCulloch Williamson
1 Nov 22
4
Kenneth W Hitchner
1 Nov 22
SC 13G/A
RP Investment Advisors LP
11 Feb 22
SC 13G
Provident Acquisition Holdings Ltd.
19 Jan 22
SC 13G
RP Investment Advisors LP
22 Jan 21
4
Winato Kartono
12 Jan 21
3
John Mackay McCulloch Williamson
7 Jan 21
3
Kenneth W Hitchner
7 Jan 21
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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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 |
Annual (USD) | Dec 21 | Dec 20 | |
---|---|---|---|
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) | 479.06 k | 479.06 k | 479.06 k | 479.06 k | 479.06 k | 479.06 k |
Cash burn (monthly) | (no burn) | 9.52 k | 454.52 k | 233.12 k | 1.54 mm | 799.64 k |
Cash used (since last report) | n/a | 207.62 k | 9.91 mm | 5.08 mm | 33.57 mm | 17.44 mm |
Cash remaining | n/a | 271.45 k | -9.43 mm | -4.61 mm | -33.09 mm | -16.96 mm |
Runway (months of cash) | n/a | 28.5 | -20.8 | -19.8 | -21.5 | -21.2 |
Institutional ownership, Q3 2022
19.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 7 |
Closed positions | 9 |
Increased positions | 7 |
Reduced positions | 15 |
13F shares | Current |
---|---|
Total value | 195.30 mm |
Total shares | 19.64 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Provident Acquisition | 5.33 mm | $52.48 mm |
Marshall Wace | 1.09 mm | $10.91 mm |
Ubs Oconnor | 974.84 k | $9.73 mm |
D. E. Shaw & Co. | 946.66 k | $9.45 mm |
Glazer Capital | 890.27 k | $8.89 mm |
Taconic Capital Advisors | 878.60 k | $8.77 mm |
Rpo | 723.51 k | $7.22 mm |
Oribel Capital Management | 698.46 k | $6.97 mm |
WRB W.R. Berkley | 663.28 k | $6.62 mm |
NMR Nomura | 581.24 k | $5.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Oct 22 | Kenneth W Hitchner | Class A Ordinary Shares | Sale back to company | Dispose D | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | Kenneth W Hitchner | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 22,000 | 0.00 | 22,000 |
28 Oct 22 | Kenneth W Hitchner | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | John Mackay McCulloch Williamson | Class A Ordinary Shares | Sale back to company | Dispose D | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | John Mackay McCulloch Williamson | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 22,000 | 0.00 | 22,000 |
28 Oct 22 | John Mackay McCulloch Williamson | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | Charles Mark Broadley | Class A Ordinary Shares | Sale back to company | Dispose D | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | Charles Mark Broadley | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 22,000 | 0.00 | 22,000 |
28 Oct 22 | Charles Mark Broadley | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 22,000 | 0.00 | 0 |
28 Oct 22 | Provident Acquisition | Class A Ordinary Shares | Sale back to company | Dispose D | Yes | No | 0 | 5,327,500 | 0.00 | 0 |