Loading...
Docoh

Good Works II Acquisition (GWII)

Good Works II Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. The Company’s management team consists of Messrs. Fred Zeidman, Chairman, Douglas Wurth, Chief Executive Officer, and Cary Grossman, President. The Company may pursue a business combination opportunity in any business or industry it chooses.

GWII stock data

Calendar

27 Jul 22
29 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 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) 1.03M 1.03M 1.03M 1.03M 1.03M
Cash burn (monthly) 18.66K (no burn) 84.88K 89.84K 37.21K
Cash used (since last report) 55.89K n/a 254.2K 269.05K 111.44K
Cash remaining 974.76K n/a 776.46K 761.61K 919.21K
Runway (months of cash) 52.2 n/a 9.1 8.5 24.7

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
8 Jul 22 Cary M Grossman Common Stock Gift Acquire G No No 0 60,000 0 460,000
8 Jul 22 Douglas Clark Wurth Common Stock Gift Dispose G No No 0 50,000 0 350,000
8 Jul 22 Fred S Zeidman Common Stock Gift Dispose G No No 0 50,000 0 350,000
11 Nov 21 Cary M Grossman Common Stock Gift Dispose G No No 0 250,000 0 400,000
11 Nov 21 Douglas Clark Wurth Common Stock Gift Dispose G No No 0 250,000 0 400,000
13F holders Current Prev Q Change
Total holders 48 46 +4.3%
Opened positions 7 7
Closed positions 5 7 -28.6%
Increased positions 27 4 +575.0%
Reduced positions 5 22 -77.3%
13F shares Current Prev Q Change
Total value 2.84B 2.82B +0.8%
Total shares 30.75M 24.5M +25.5%
Total puts 0 0
Total calls 22.65K 0 NEW
Total put/call ratio
Largest owners Shares Value Change
Magnetar Financial 3.18M $19.06M +61.3%
Shaolin Capital Management 2.97M $19.62M +50.6%
Polar Asset Management Partners 2.72M $19.85M +36.2%
Periscope Capital 2.52M $17.65M +18.3%
Mint Tower Capital Management B.V. 2.25M $14.9M +50.0%
Weiss Asset Management 2M $19.84M 0.0%
Sea Otter Securities 2M $19.82M 0.0%
Highbridge Capital Management 1.81M $17.92M -3.0%
Owl Creek Asset Management 1.5M $9.93M +50.0%
D. E. Shaw & Co. 1.43M $14.17M +8.9%
Largest transactions Shares Bought/sold Change
Magnetar Financial 3.18M +1.21M +61.3%
Shaolin Capital Management 2.97M +999.66K +50.6%
Mint Tower Capital Management B.V. 2.25M +750K +50.0%
Polar Asset Management Partners 2.72M +723.29K +36.2%
Owl Creek Asset Management 1.5M +500K +50.0%
Periscope Capital 2.52M +389.84K +18.3%
K2 Principal Fund 386.29K +386.29K NEW
Walleye Capital 1.39M +349.25K +33.7%
CNH Partners 287.82K +287.82K NEW
SkyView Investment Advisors 0 -224.83K EXIT

Financial report summary

?
Management Discussion
  • As of June 30, 2022, we have not commenced any operations. All activity for the period from July 27, 2020 (inception) through June 30, 2022, relates to our formation and initial public offering (“Public Offering” of “IPO”) that occurred on July 14, 2021, and, since the completion of the IPO, searching for a target to consummate a Business Combination. We will not generate any operating revenues until after the completion of a Business Combination, at the earliest. We will generate non-operating income in the form of interest income from the proceeds derived from the Public Offering and placed in the Trust Account (defined below). There has been no significant change in our financial or trading position and no material adverse change has occurred since the date of our audited financial statements, December 31, 2021.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
Coll freshman Bad
New words: moved