African Gold Acquisition Corporation is a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, share purchase, asset acquisition, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination target in any industry, the Company intends to focus on a target with operations or prospective operations in the gold mining sector. The Company is led by Chairman Robert Hersov, Vice Chairman Brian Hinchcliffe, Chief Executive Officer Christopher Chadwick and Chief Financial Officer Cooper Morgenthau.
Company profile
Ticker
AGACF, AGACF
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
African Gold Acquisition Corporation
SEC CIK
AGACF stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
18 Sep 23
25-NSE
Exchange delisting
30 Aug 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
29 Aug 23
8-K
Departure of Directors or Certain Officers
23 Jun 23
NT 10-Q
Notice of late quarterly filing
16 May 23
NT 10-Q
Notice of late quarterly filing
16 May 23
8-K
Other Events
4 May 23
10-Q/A
2021 Q2
Quarterly report (amended)
26 Apr 23
NT 10-K
Notice of late annual filing
4 Apr 23
Latest ownership filings
SC 13G/A
Cowen Financial Products LLC
2 Feb 24
SC 13G
Cowen Financial Products LLC
19 Apr 23
SC 13G/A
Karpus Management, Inc.
14 Feb 23
SC 13G
NOMURA HOLDINGS INC
14 Feb 23
SC 13G
Polar Asset Management Partners Inc.
9 Feb 23
3
Zolani KGOSIETSILE Matthews
4 Mar 22
SC 13G
African Gold Acquisition Sponsor LLC
15 Feb 22
SC 13G
Karpus Management, Inc.
14 Feb 22
3
Robert B Hersov
12 Mar 21
3
Brian Hinchcliffe
26 Feb 21
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 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) | 432.82 k | 432.82 k | 432.82 k | 432.82 k | 432.82 k | 432.82 k |
Cash burn (monthly) | 37.09 k | 89.30 k | 96.52 k | 131.97 k | 37.09 k | 104.74 k |
Cash used (since last report) | 914.78 k | 2.20 mm | 2.38 mm | 3.25 mm | 914.78 k | 2.58 mm |
Cash remaining | -481.96 k | -1.77 mm | -1.95 mm | -2.82 mm | -481.96 k | -2.15 mm |
Runway (months of cash) | -13.0 | -19.8 | -20.2 | -21.4 | -13.0 | -20.5 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 27 |
Opened positions | 4 |
Closed positions | 7 |
Increased positions | 6 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 48.92 bn |
Total shares | 15.95 mm |
Total puts | 0.00 |
Total calls | 140.95 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
African Gold Acquisition Sponsor | 10.35 mm | $100.19 mm |
Nokomis Capital, L.L.C. | 682.73 k | $7.20 bn |
Polar Asset Management Partners | 500.00 k | $5.27 bn |
Knott David M Jr | 450.75 k | $5.18 mm |
Owl Creek Asset Management | 433.28 k | $4.57 bn |
Wolverine Asset Management | 428.95 k | $4.52 bn |
Cowen And | 330.00 k | $3.48 bn |
Cowen Financial Products | 330.00 k | $3.40 mm |
Periscope Capital | 325.42 k | $3.43 bn |
Radcliffe Capital Management | 250.00 k | $2.64 bn |