Blue World Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Company profile
Ticker
BWAQ, BWAQU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
BWAQ stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
19 Apr 24
425
Business combination disclosure
15 Apr 24
DEFA14A
Additional proxy soliciting materials
15 Apr 24
8-K
Blue World Acquisition Corporation Postponed the Extraordinary General Meeting
15 Apr 24
425
Business combination disclosure
3 Apr 24
425
Business combination disclosure
3 Apr 24
8-K
Blue World Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
3 Apr 24
425
Business combination disclosure
29 Mar 24
425
Business combination disclosure
29 Mar 24
8-K
Entry into a Material Definitive Agreement
29 Mar 24
Latest ownership filings
SC 13G/A
Shaolin Capital Management LLC
22 Feb 24
SC 13G/A
Oaktree Capital Group, LLC
14 Feb 24
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 24
SC 13G/A
Cubist Systematic Strategies, LLC
14 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
SC 13G/A
Polar Asset Management Partners Inc.
9 Feb 24
SC 13G/A
Saba Capital Management, L.P.
7 Feb 24
SC 13G/A
Hudson Bay Capital Management LP
2 Feb 24
4
Change in insider ownership
24 Oct 23
SC 13D/A
Blue World Holdings Ltd
24 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jun 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) | 50.52 k | 50.52 k | 50.52 k | 50.52 k | 50.52 k | 50.52 k |
Cash burn (monthly) | (no burn) | 5.34 k | 68.43 k | 85.16 k | 150.08 k | 37.52 k |
Cash used (since last report) | n/a | 36.90 k | 472.92 k | 588.58 k | 1.04 mm | 259.30 k |
Cash remaining | n/a | 13.61 k | -422.40 k | -538.07 k | -986.68 k | -208.78 k |
Runway (months of cash) | n/a | 2.5 | -6.2 | -6.3 | -6.6 | -5.6 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 5 |
Closed positions | 18 |
Increased positions | 4 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 32.45 bn |
Total shares | 7.21 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Blue World | 2.66 mm | $26.56 mm |
MFG Mizuho Financial | 596.31 k | $0.00 |
Feis Lawrence Michael | 425.79 k | $4.21 mm |
Glazer Capital | 369.05 k | $4.00 mm |
Mizuho Securities Usa | 294.58 k | $3.18 bn |
Wolverine Asset Management | 228.64 k | $2.48 bn |
Meteora Capital | 218.84 k | $2.37 bn |
Yakira Capital Management | 205.00 k | $2.22 bn |
Hudson Bay Capital Management | 200.00 k | $2.18 bn |
WRB W.R. Berkley | 188.68 k | $2.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Oct 23 | Blue World | Class B Ordinary Shares | Sell | Dispose S | No | No | 1200000 | 400,000 | 480.00 bn | 1,880,000 |
Press releases
Blue World Acquisition Corporation Postponed the Extraordinary General Meeting to Approve the Business Combination with TOYO Solar Pending A Post-Effective Amendment to The Registration Statement
15 Apr 24
Blue World Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
6 Feb 24
Blue World Acquisition Corporation Announces Liquidation of Investments Held in the Trust Account into Cash
29 Jan 24