Conyers Park III Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any business or industry, the Company intends to focus on the consumer sector and consumer-related businesses. The Company's management team is led by James M. Kilts and David J. West, as the Co-Chief Executive Officers, Brian K. Ratzan, as the Chief Financial Officer, and Max Papkov, as the Vice President of Strategy. Mr. Kilts' and Mr. West's careers have centered on identifying and implementing value creation initiatives throughout the consumer industry. They have collectively created approximately $50 billion in shareholder value throughout their combined 75+ year careers in the consumer industry. Mr. Ratzan and Mr. Papkov collectively bring over 35 years of private equity and SPAC investing experience. The deep operating experience of Mr. Kilts and Mr. West complements Mr. Ratzan's and Mr. Papkov's financial and transactional expertise to create a unique team capable of identifying attractive investments and executing deals in the consumer sector. The Company's website is www.conyers-park.com.
Company profile
Ticker
CPAA
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
CPAA stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
21 Aug 23
25-NSE
Exchange delisting
11 Aug 23
8-K
Conyers Park III Acquisition Corp. Announces Approximate Per-Share Redemption Amount for its Public Shares
10 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Conyers Park III Acquisition Corp. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
28 Jul 23
10-Q
2023 Q1
Quarterly report
11 May 23
10-K
2022 FY
Annual report
30 Mar 23
8-K
Departure of Directors or Certain Officers
9 Jan 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
Latest ownership filings
SC 13G/A
UBS OCONNOR LLC
12 Feb 24
SC 13G/A
Conyers Park III Sponsor LLC
24 Jan 24
SC 13G/A
UBS OCONNOR LLC
14 Feb 23
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 23
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 23
SC 13G
HGC Investment Management Inc.
14 Feb 23
SC 13G/A
GUGGENHEIM CAPITAL LLC
11 Oct 22
SC 13G
T. Rowe Price Investment Management, Inc.
10 Aug 22
SC 13G/A
PRICE T ROWE ASSOCIATES INC /MD/
14 Feb 22
SC 13G
UBS OCONNOR LLC
14 Feb 22
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | 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) | 1.96 mm | 1.96 mm | 1.96 mm | 1.96 mm | 1.96 mm | 1.96 mm |
Cash burn (monthly) | 25.52 k | (no burn) | (no burn) | (no burn) | 869.18 k | 285.31 k |
Cash used (since last report) | 250.99 k | n/a | n/a | n/a | 8.55 mm | 2.81 mm |
Cash remaining | 1.70 mm | n/a | n/a | n/a | -6.59 mm | -850.74 k |
Runway (months of cash) | 66.8 | n/a | n/a | n/a | -7.6 | -3.0 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 71 |
Opened positions | 21 |
Closed positions | 3 |
Increased positions | 27 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 282.92 bn |
Total shares | 50.73 mm |
Total puts | 0.00 |
Total calls | 824.33 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Conyers Park III Sponsor | 8.83 mm | $86.04 mm |
T. Rowe Price Investment Management | 4.30 mm | $43.92 mm |
Ubs Oconnor | 3.85 mm | $29.35 bn |
Guggenheim Capital | 2.82 mm | $17.07 bn |
TD Asset Management | 2.00 mm | $15.36 bn |
Schechter Investment Advisors | 1.67 mm | $17.02 bn |
Aristeia Capital | 1.52 mm | $15.55 bn |
Vivaldi Asset Management | 1.50 mm | $15.34 bn |
Woodson Capital Management | 1.50 mm | $10.24 bn |
CNH Partners | 1.37 mm | $10.25 bn |