A SPAC II Acquisition Corp. (the “Company”) is a newly incorporated blank check company incorporated in the British Virgin Islands as a BVI business company for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although there is no restriction or limitation on what industry or geographic region our target operates in, it is our intention to pursue prospective targets that are in the high-growth industries that apply cutting edge technologies, such as Proptech and Fintech (the “New Economy Sectors”), with a preference for companies that promote environmental, social and governance (“ESG”) principles. We believe that continuous global technological breakthroughs across businesses and ESG principles will create positive impact to society and will facilitate opportunities that can provide our investors with attractive financial returns through a business combination. There is no restriction on the geographic location for our target search, and it is our intent to pursue targets globally, with a particular focus on North America, Europe and Asia (excluding Mainland China, Hong Kong and Macau) where the management team and directors have extensive experience and relationships.
Company profile
Ticker
ASCB
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SPAC II Acquisition Corp.
SEC CIK
ASCB stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Mar 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
19 Mar 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
13 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
UPLOAD
Letter from SEC
29 Aug 23
10-K/A
2022 FY
Annual report (amended)
22 Aug 23
CORRESP
Correspondence with SEC
22 Aug 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
UPLOAD
Letter from SEC
8 Aug 23
8-K
Amendments to Articles of Incorporation or Bylaws
3 Aug 23
Latest ownership filings
SC 13G/A
Shaolin Capital Management LLC
22 Feb 24
SC 13G/A
Chan Anson
14 Feb 24
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 24
SC 13G/A
Saba Capital Management, L.P.
7 Feb 24
SC 13G/A
Hudson Bay Capital Management LP
2 Feb 24
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
19 Jan 24
SC 13G
Chan Anson
14 Feb 23
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G
MIZUHO FINANCIAL GROUP INC
14 Feb 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | |
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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) | 532.13 k | 532.13 k | 532.13 k | 532.13 k | 532.13 k | 532.13 k |
Cash burn (monthly) | 58.33 k | 48.62 k | (no burn) | (no burn) | 58.33 k | 48.62 k |
Cash used (since last report) | 403.52 k | 336.35 k | n/a | n/a | 403.52 k | 336.35 k |
Cash remaining | 128.61 k | 195.78 k | n/a | n/a | 128.61 k | 195.78 k |
Runway (months of cash) | 2.2 | 4.0 | n/a | n/a | 2.2 | 4.0 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 58 |
Opened positions | 19 |
Closed positions | 7 |
Increased positions | 21 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 183.48 bn |
Total shares | 47.85 mm |
Total puts | 0.00 |
Total calls | 27.75 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Anson Chan | 5.00 mm | $0.00 |
Polar Asset Management Partners | 3.52 mm | $3.37 bn |
Hudson Bay Capital Management | 3.51 mm | $15.96 bn |
Mangrove Partners | 2.59 mm | $6.97 bn |
Saba Capital Management | 2.31 mm | $7.52 bn |
Context Capital Management | 2.10 mm | $144.00 k |
Cubist Systematic Strategies | 2.06 mm | $9.35 bn |
Aristeia Capital | 1.79 mm | $18.87 bn |
Highbridge Capital Management | 1.68 mm | $151.80 mm |
Mint Tower Capital Management B.V. | 1.63 mm | $6.92 mm |