Velocity Acquisition Corp. (the “Company”) is a blank check company incorporated in Delaware on September 24, 2020, 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 “Business Combination”). The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.
Company profile
Ticker
VELO, VELOU, VELOW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
853388661
VELO stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
30 Dec 22
25-NSE
Exchange delisting
20 Dec 22
8-K
Velocity Acquisition Corp. Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination
16 Dec 22
DEF 14A
Definitive proxy
21 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
PRE 14A
Preliminary proxy
9 Nov 22
10-Q
2022 Q2
Quarterly report
10 Aug 22
10-Q
2022 Q1
Quarterly report
13 May 22
10-K
2021 FY
Annual report
29 Mar 22
Latest ownership filings
SC 13G/A
CITADEL ADVISORS LLC
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.
10 Jun 22
SC 13G/A
GLENVIEW CAPITAL MANAGEMENT, LLC
14 Feb 22
SC 13G
GLAZER CAPITAL, LLC
14 Feb 22
SC 13G
ARISTEIA CAPITAL LLC
14 Feb 22
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 22
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
10 Feb 22
SC 13G
ADAGE CAPITAL PARTNERS GP, L.L.C.
8 Mar 21
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 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 | |
---|---|---|
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) | 363.32 k | 363.32 k | 363.32 k | 363.32 k | 363.32 k | 363.32 k |
Cash burn (monthly) | (no burn) | 8.72 k | (no burn) | (no burn) | 50.23 k | 25.88 k |
Cash used (since last report) | n/a | 162.89 k | n/a | n/a | 938.57 k | 483.66 k |
Cash remaining | n/a | 200.43 k | n/a | n/a | -575.25 k | -120.34 k |
Runway (months of cash) | n/a | 23.0 | n/a | n/a | -11.5 | -4.6 |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 87 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Glazer Capital | 0.00 | $0.00 |
Aristeia Capital | 0.00 | $0.00 |
Citadel Advisors | 0.00 | $0.00 |