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.
Company profile
Ticker
ABGI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
ABGI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
9 Mar 23
25-NSE
Exchange delisting
27 Feb 23
8-K
ABG Acquisition Corp. I Announces Redemption Price of its Publicly Held Class A Ordinary Shares
24 Feb 23
8-K
ABG Acquisition Corp. I will Redeem its Publicly Held Class A Ordinary Shares
10 Feb 23
PRE 14A
Preliminary proxy
13 Jan 23
8-K
Departure of Directors or Certain Officers
15 Dec 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
10-Q
2022 Q1
Quarterly report
13 May 22
10-K
2021 FY
Annual report
25 Mar 22
Latest ownership filings
SC 13G
BANK OF NOVA SCOTIA
21 Dec 23
4
Stuart Chaffee
3 Mar 23
4
Change in insider ownership
3 Mar 23
4
Jean-Pierre Sommadossi
3 Mar 23
4
Robert Castro
3 Mar 23
4
Fan Yu
3 Mar 23
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 23
3
Kevin C Reilly
20 Dec 22
SC 13G
GLAZER CAPITAL, LLC
14 Feb 22
SC 13G
ABG Acquisition Holdings I LLC
11 Feb 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | Dec 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 |
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) | 98.29 k | 98.29 k | 98.29 k | 98.29 k | 98.29 k | |
Cash burn (monthly) | 32.81 k | 43.28 k | 68.17 k | 72.35 k | 16.18 k | |
Cash used (since last report) | 589.30 k | 777.32 k | 1.22 mm | 1.30 mm | 290.59 k | |
Cash remaining | -491.01 k | -679.03 k | -1.13 mm | -1.20 mm | -192.30 k | |
Runway (months of cash) | -15.0 | -15.7 | -16.5 | -16.6 | -11.9 |
Institutional ownership, Q3 2023
26.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 40.78 mm |
Total shares | 4.17 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
ABG Acquisition Holdings I | 4.17 mm | $40.78 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 23 | Sommadossi Jean-Pierre | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 32,500 | 0.00 | 0 |
1 Mar 23 | ABG Acquisition Holdings I | Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 501,300 | 0.00 | 0 |
1 Mar 23 | ABG Acquisition Holdings I | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 3,668,749 | 0.00 | 1 |
1 Mar 23 | Stuart Chaffee | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 32,500 | 0.00 | 0 |
1 Mar 23 | Robert Castro | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | No | No | 0 | 32,500 | 0.00 | 0 |
1 Mar 23 | Fan Yu | Class A ordinary shares | Sale back to company | Dispose D | Yes | No | 0 | 501,300 | 0.00 | 0 |
1 Mar 23 | Fan Yu | Class B ordinary shares Class A ordinary shares | Sale back to company | Dispose D | Yes | No | 0 | 3,668,749 | 0.00 | 1 |