MAC was formed as a blank check company for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company is led by Mick McMullen (Chief Executive Officer), Jaco Crouse (Chief Financial Officer) and Dan Vujcic (Chief Development Officer). The Company is focused on green-economy metals and mining businesses in high quality, stable jurisdictions.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
MAC AU 1 Pty Ltd • MAC AU 2 Pty Ltd • MAC AU 3 Pty Ltd • MAC AU 4 Pty Ltd • Metals Acquisition Corp Limited ...
IRS number
981589041
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Jun 23
25-NSE
Exchange delisting
16 Jun 23
425
Business combination disclosure
12 Jun 23
8-K
Metals Acquisition Corp Announces $52 Million of PIPE Subscription Agreements Executed for a Total of $230 Million of PIPE
12 Jun 23
425
Business combination disclosure
5 Jun 23
8-K
Departure of Directors or Certain Officers
5 Jun 23
425
Business combination disclosure
2 Jun 23
8-K
Entry into a Material Definitive Agreement
2 Jun 23
425
Business combination disclosure
31 May 23
8-K
Entry into a Material Definitive Agreement
31 May 23
Latest ownership filings
SC 13G/A
FIR TREE CAPITAL MANAGEMENT LP
14 Feb 24
SC 13G
FIR TREE CAPITAL MANAGEMENT LP
14 Feb 23
SC 13G
BALYASNY ASSET MANAGEMENT LLC
14 Feb 23
SC 13G/A
Apollo Management Holdings GP, LLC
14 Feb 23
SC 13G/A
Polar Asset Management Partners Inc.
13 Feb 23
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
9 Feb 23
SC 13G/A
FARALLON CAPITAL MANAGEMENT LLC
7 Feb 23
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
6 Feb 23
4
Marthinus J Crouse
27 Dec 22
4
Rhett Bennett
27 Dec 22
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Operating income | |||||
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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) | 35.08 k | 35.08 k | 35.08 k | 35.08 k | 35.08 k | 35.08 k |
Cash burn (monthly) | 2.41 k | 28.47 k | 1.53 mm | 1.10 mm | 336.21 k | 145.98 k |
Cash used (since last report) | 30.79 k | 363.25 k | 19.51 mm | 14.02 mm | 4.29 mm | 1.86 mm |
Cash remaining | 4.28 k | -328.18 k | -19.48 mm | -13.99 mm | -4.26 mm | -1.83 mm |
Runway (months of cash) | 1.8 | -11.5 | -12.7 | -12.7 | -12.7 | -12.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 10.59 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Green Mountain Metals | 6.63 mm | $0.00 |
Titanium Funding | 2.48 mm | $0.00 |
Apollo Management Holdings GP | 1.49 mm | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Dec 22 | Rhett Bennett | Class B Ordinary Shares Class A Ordinary Shares | Sale back to company | Dispose D | Yes | No | 0 | 20,000 | 0.00 | 170,000 |
23 Dec 22 | Marthinus J Crouse | Class B Ordinary Shares Class A Ordinary Shares | Grant | Acquire A | Yes | No | 0 | 25,000 | 0.00 | 100,000 |