Pearl Holdings Acquisition Corp (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on March 23, 2021. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). While the Company may pursue an initial Business Combination target in any industry or geographic location, the Company intends to focus its search for a target business operating in the lifestyle, health and wellness and technology sectors.
Company profile
Ticker
PRLH, PRLHU
Exchange
Employees
Location
Industry (SIC)
SEC CIK
PRLH stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
16 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Feb 24
DEFA14A
Additional proxy soliciting materials
14 Dec 23
8-K
Entry into a Material Definitive Agreement
14 Dec 23
8-K
Entry into a Material Definitive Agreement
11 Dec 23
8-K
Regulation FD Disclosure
1 Dec 23
DEFA14A
Additional proxy soliciting materials
1 Dec 23
DEF 14A
Definitive proxy
20 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
Latest ownership filings
SC 13G
Sandia Investment Management LP
14 Feb 24
SC 13G
CALAMOS INVESTMENT TRUST/IL
14 Feb 24
SC 13G/A
ARISTEIA CAPITAL, L.L.C.
12 Feb 24
SC 13G/A
Taconic Capital Advisors LP
12 Feb 24
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
7 Feb 24
3
Initial statement of insider ownership
22 Jan 24
SC 13G
SZOP MULTISTRAT LP
22 Jan 24
SC 13G/A
First Trust Capital Management L.P.
10 Jan 24
SC 13G
MANGROVE PARTNERS
10 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
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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) | 128.28 k | 128.28 k | 128.28 k | 128.28 k | 128.28 k | 128.28 k |
Cash burn (monthly) | 14.71 k | 28.17 k | 42.76 k | 69.00 k | (no burn) | (no burn) |
Cash used (since last report) | 98.20 k | 188.13 k | 285.54 k | 460.72 k | n/a | n/a |
Cash remaining | 30.08 k | -59.84 k | -157.26 k | -332.44 k | n/a | n/a |
Runway (months of cash) | 2.0 | -2.1 | -3.7 | -4.8 | n/a | n/a |
Institutional ownership, Q3 2023
65.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 39 |
Opened positions | 4 |
Closed positions | 26 |
Increased positions | 1 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 1.23 bn |
Total shares | 13.16 mm |
Total puts | 0.00 |
Total calls | 568.67 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Pearl Holdings Sponsor | 5.00 mm | $0.00 |
Integrated Core Strategies | 1.26 mm | $0.00 |
Periscope Capital | 953.20 k | $61.40 mm |
Gritstone Asset Management | 700.00 k | $45.08 mm |
Adage Capital Partners GP, L.L.C. | 600.00 k | $38.70 mm |
Calamos Advisors | 500.00 k | $22.65 mm |
Saba Capital Management | 477.26 k | $30.74 mm |
Aristeia Capital | 399.64 k | $29.01 mm |
CNH Partners | 363.67 k | $16.47 mm |
Polar Asset Management Partners | 350.00 k | $22.56 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Dec 23 | Mangrove Partners | Class A Ordinary Shares | Sell | Dispose S | Yes | No | 10.7 | 842 | 9.01 k | 249,158 |