Loading...
Docoh

Omega Alpha SPAC (OMEG)

Omega Alpha SPAC, sponsored by an affiliate of Omega Fund VI, L.P., is a newly incorporated blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. Omega Alpha SPAC expects that its focus will be on the biotechnology sector in developed countries including, but not limited to, the United States and countries in Europe.

OMEG stock data

Calendar

16 Sep 22
3 Oct 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 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 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) 195.32K 195.32K 195.32K 195.32K 195.32K
Cash burn (monthly) 47.01K 39.08K 52.88K 65.95K 11.34K
Cash used (since last report) 147.2K 122.35K 165.57K 206.5K 35.51K
Cash remaining 48.12K 72.97K 29.75K -11.18K 159.81K
Runway (months of cash) 1.0 1.9 0.6 -0.2 14.1

Beta Read what these cash burn values mean

96.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 53 56 -5.4%
Opened positions 4 3 +33.3%
Closed positions 7 10 -30.0%
Increased positions 7 12 -41.7%
Reduced positions 8 10 -20.0%
13F shares Current Prev Q Change
Total value 136.18M 136.15M +0.0%
Total shares 13.78M 13.81M -0.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Adage Capital Partners GP, L.L.C. 1.03M $10.15M 0.0%
FHI Federated Hermes 1M $9.85M 0.0%
Glazer Capital 959.61K $9.45M +299.0%
Alyeska Investment 800K $7.88M 0.0%
Citadel Advisors 754.86K $7.44M -24.7%
Artal 750K $7.39M 0.0%
Artal International S.C.A. 750K $7.88M 0.0%
Omega Fund Management 501K $4.94M 0.0%
Karpus Management 500K $4.93M 0.0%
Hudson Bay Capital Management 500K $4.93M 0.0%
Largest transactions Shares Bought/sold Change
Glazer Capital 959.61K +719.1K +299.0%
BlueCrest Capital Management 0 -400K EXIT
Bain Capital Life Sciences Investors 0 -400K EXIT
Polar Asset Management Partners 250K +250K NEW
Centiva Capital 292.36K +249.16K +576.8%
Citadel Advisors 754.86K -247.11K -24.7%
Kim 210.15K +210.15K NEW
Spring Creek Capital 0 -210.15K EXIT
Ensign Peak Advisors 100K -200K -66.7%
D. E. Shaw & Co. 383.13K +196.71K +105.5%

Financial report summary

?
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • This Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations, assumptions and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us. No assurance can be given that future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements will be achieved, and actual results, levels of activity, performance or achievements could be affected by one or more factors, which could cause them to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or the negative of such terms or other similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in our other U.S. Securities and Exchange Commission (“SEC”) filings. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph.
  • We are a blank check company incorporated on October 26, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While we may pursue an acquisition opportunity in any business or industry, we are focusing on the healthcare or healthcare-related industries to capitalize on the expertise and capabilities of our management team in order to create long-term shareholder value. In particular, we are targeting North American or European companies in the biotechnology sector where our management has extensive investment experience. Our sponsor is Omega Alpha Management, a Cayman Islands limited liability company (the “Sponsor”).

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
Coll freshman Bad
New words: adequate, Asia, catastrophic, chain, commodity, common, deterioration, dividend, enhance, enhanced, environment, Europe, export, face, falling, foreign, foundation, governmental, growing, higher, implemented, importance, important, instability, invasion, leading, led, light, magnify, political, profitability, prolonged, Russia, satisfactory, social, suffer, suitable, superior, surviving, terrorist, therewith, tone, understand, war, worsen
Removed: Depository, economy, low, sheet, small
Proxies
No filings