Embrace Change Acquisition Corp. (the “Company”) is a blank check company incorporated in the Cayman Islands on March 3, 2021. The Company was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities (“Business Combination”). The Company may pursue a business combination target in any business or industry.
Company profile
Ticker
EMCG, EMCGU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
EMCG stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
25 Mar 24
8-K
Entry into a Material Definitive Agreement
14 Mar 24
10-Q
2023 Q3
Quarterly report
1 Mar 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
20 Feb 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
19 Jan 24
8-K
Embrace Change Acquisition Corp. Receives Nasdaq Notice Regarding Late Form 10-Q Filing
27 Dec 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
18 Dec 23
8-K/A
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
15 Dec 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
Latest ownership filings
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
SC 13G
WOLVERINE ASSET MANAGEMENT LLC
8 Feb 24
SC 13G/A
Space Summit Capital LLC
5 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
14 Feb 23
SC 13G
Wuren Fubao Inc.
10 Feb 23
SC 13G/A
Space Summit Capital LLC
8 Feb 23
SC 13G/A
Feis Lawrence
2 Feb 23
3
Mo Zhou
7 Dec 22
3
Jingyu Wang
7 Dec 22
SC 13G
Feis Lawrence
19 Sep 22
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
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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) | 287.18 k | 287.18 k | 287.18 k | 287.18 k | 287.18 k | |
Cash burn (monthly) | 37.10 k | (no burn) | 40.27 k | 50.26 k | 377.42 | |
Cash used (since last report) | 366.51 k | n/a | 397.78 k | 496.50 k | 3.73 k | |
Cash remaining | -79.33 k | n/a | -110.60 k | -209.32 k | 283.45 k | |
Runway (months of cash) | -2.1 | n/a | -2.7 | -4.2 | 751.0 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 41 |
Opened positions | 7 |
Closed positions | 8 |
Increased positions | 7 |
Reduced positions | 13 |
13F shares | Current |
---|---|
Total value | 62.27 bn |
Total shares | 19.18 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mangrove Partners | 2.25 mm | $7.02 bn |
Wuren Fubao | 2.22 mm | $0.00 |
Wolverine Asset Management | 1.05 mm | $4.78 bn |
Polar Asset Management Partners | 975.00 k | $3.57 bn |
Context Capital Management | 896.38 k | $3.26 mm |
Yakira Capital Management | 705.00 k | $2.58 bn |
Clear Street | 702.47 k | $50.00 k |
Radcliffe Capital Management | 700.08 k | $3.27 bn |
Boothbay Fund Management | 693.75 k | $3.81 bn |
Atw Spac Management | 693.75 k | $63.93 mm |