ABG Acquisition Corp I (ABGI)

ABG Acquisition Corp. I is a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses. The Company's sponsor is an affiliate of Ally Bridge Group, a global healthcare-focused investment group founded by Fan (Frank) Yu with dual headquarters in New York and Hong Kong. While the Company may pursue an initial business combination target in any business or industry, the Company intends to focus on the global healthcare industry, with a particular focus on the medical technology and biotechnology verticals.

ABGI stock data


12 Aug 22
26 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21
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) 196.73K 196.73K 196.73K 196.73K 196.73K
Cash burn (monthly) 25K 42.23K 68.68K 73.49K 16.18K
Cash used (since last report) 72.43K 122.33K 198.93K 212.87K 46.87K
Cash remaining 124.3K 74.39K -2.21K -16.15K 149.86K
Runway (months of cash) 5.0 1.8 -0.0 -0.2 9.3

Beta Read what these cash burn values mean

13F holders Current Prev Q Change
Total holders 66 72 -8.3%
Opened positions 7 10 -30.0%
Closed positions 13 9 +44.4%
Increased positions 15 10 +50.0%
Reduced positions 8 11 -27.3%
13F shares Current Prev Q Change
Total value 171.31M 173.79M -1.4%
Total shares 17.49M 17.73M -1.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
ABG Acquisition Holdings I 4.17M $40.78M 0.0%
Glazer Capital 1.4M $13.71M +41.1%
Adage Capital Partners GP, L.L.C. 750K $7.35M 0.0%
Millennium Management 727.07K $7.13M +4.2%
Magnetar Financial 691.94K $6.77M 0.0%
Sculptor Capital 635.54K $6.23M +0.3%
NMR Nomura 590.16K $5.78M +21.2%
D. E. Shaw & Co. 543.78K $5.32M +66.7%
Saba Capital Management 504.56K $4.95M +205.1%
Fan Yu 501.3K $4.91M 0.0%
Largest transactions Shares Bought/sold Change
Beryl Capital Management 0 -652.08K EXIT
Glazer Capital 1.4M +408.23K +41.1%
Saba Capital Management 504.56K +339.16K +205.1%
Seven Grand Managers 0 -325.86K EXIT
BlueCrest Capital Management 0 -250K EXIT
D. E. Shaw & Co. 543.78K +217.54K +66.7%
BMO Bank of Montreal 133K +133K NEW
CSS 0 -113.17K EXIT
Exos Asset Management 18.46K -111.18K -85.8%
Marshall Wace 435.51K +104.47K +31.6%

Financial report summary

Management Discussion
  • Our entire activity since inception through June 30, 2022 related to our formation, the preparation for an Initial Public Offering, and since our Initial Public Offering, our activity has been limited to the search for a prospective initial Business Combination. We will not generate any operating revenues until the closing and completion of our initial Business Combination.

Content analysis

H.S. junior Bad
New words: implemented
Removed: anticipated, borrowing, capacity, chief, meet
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