Arena Fortify Acquisition Corp., led by Daniel B. Zwirn, is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses with a focus on acquisition candidates that have either recently emerged from bankruptcy court protection or will require incremental capital as part of a balance sheet restructuring within the broad natural resources industry.
Company profile
Ticker
AFAC, AFACU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
AFAC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
19 Dec 22
8-K
Obtains Stockholder Approval to Terminate Before Year-End
9 Dec 22
25-NSE
Exchange delisting
8 Dec 22
25-NSE
Exchange delisting
8 Dec 22
25-NSE
Exchange delisting
8 Dec 22
DEF 14A
Definitive proxy
16 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
PRE 14A
Preliminary proxy
2 Nov 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
Latest ownership filings
SC 13G/A
Corbin Capital Partners, L.P.
14 Feb 23
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
9 Feb 23
SC 13G/A
Arena Fortify Sponsor LLC
31 Jan 23
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
25 Jan 23
4
DANIEL B ZWIRN
20 Dec 22
SC 13G/A
Saba Capital Management, L.P.
14 Feb 22
SC 13G
Arena Fortify Sponsor LLC
9 Feb 22
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
3 Feb 22
SC 13G
Corbin Capital Partners, L.P.
13 Jan 22
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
26 Nov 21
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) | 367.44 k | 367.44 k | 367.44 k | 367.44 k | 367.44 k | 367.44 k |
Cash burn (monthly) | (no burn) | 27.44 k | 141.45 k | 144.97 k | 45.97 k | 213.15 k |
Cash used (since last report) | n/a | 511.94 k | 2.64 mm | 2.70 mm | 857.48 k | 3.98 mm |
Cash remaining | n/a | -144.50 k | -2.27 mm | -2.34 mm | -490.04 k | -3.61 mm |
Runway (months of cash) | n/a | -5.3 | -16.1 | -16.1 | -10.7 | -16.9 |
Institutional ownership, Q3 2022
13F holders | Current |
---|---|
Total holders | 67 |
Opened positions | 21 |
Closed positions | 0 |
Increased positions | 32 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 4.39 bn |
Total shares | 29.71 mm |
Total puts | 0.00 |
Total calls | 202.50 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Arena Fortify Sponsor | 7.95 mm | $0.00 |
Corbin Capital Partners | 2.23 mm | $14.94 mm |
Saba Capital Management | 2.16 mm | $14.86 mm |
Adage Capital Partners GP, L.L.C. | 1.50 mm | $10.14 mm |
Kennedy Lewis Management | 1.20 mm | $8.11 mm |
Cubist Systematic Strategies | 1.11 mm | $8.00 mm |
Highbridge Capital Management | 1.00 mm | $10.08 mm |
Sculptor Capital | 750.00 k | $5.06 mm |
Davidson Kempner Capital Management | 750.00 k | $5.03 mm |
Radcliffe Capital Management | 727.86 k | $7.33 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 22 | Arena Fortify Sponsor | Class B common stock Class A common stock | Sale back to company | Dispose D | No | No | 0 | 37,500 | 0.00 | 0 |
20 Dec 22 | Arena Fortify Sponsor | Class B Common stock Class A common stock | Sale back to company | Dispose D | No | No | 0 | 3,591,000 | 0.00 | 0 |