Mars Acquisition Corp. (“Mars”) is a Cayman Islands exempted company incorporated as a blank check company on April 23, 2021. Mars 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 (“Business Combination”). Although Mars is not limited to a particular industry or geographic region for purposes of consummating a Business Combination, Mars intends to focus on opportunities in cryptocurrency and blockchain, automobiles, healthcare, financial technology, cyber security, cleantech, software, Internet and artificial intelligence, specialty manufacturing and any other related technology innovations market. On September 5, 2023, a Business Combination Agreement was entered into by Mars and ScanTech Identification Beam Systems, LLC (“ScanTech”), among others (see Note 6).
Company profile
Ticker
MARX, MARXU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
MARX stock data
Latest filings (excl ownership)
425
Business combination disclosure
18 Apr 24
8-K
ScanTech Participates in Passenger Terminal Expo 2024
18 Apr 24
425
Business combination disclosure
5 Apr 24
8-K
Entry into a Material Definitive Agreement
5 Apr 24
425
Business combination disclosure
28 Mar 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
28 Mar 24
10-Q
2024 Q1
Quarterly report
15 Feb 24
NT 10-Q
Notice of late quarterly filing
14 Feb 24
8-K
Departure of Directors or Certain Officers
8 Feb 24
8-K/A
Submission of Matters to a Vote of Security Holders
5 Feb 24
Latest ownership filings
SC 13G/A
Huang Shanchun
8 Mar 24
SC 13D
Brenza Karl
8 Mar 24
SC 13D/A
Mars Capital Holding Corp
8 Mar 24
SC 13G/A
Karpus Management, Inc.
7 Mar 24
SC 13G
Karpus Management, Inc.
13 Feb 24
4
Shanchun Huang
9 Feb 24
SC 13G
Huang Shanchun
8 Feb 24
SC 13G/A
Space Summit Capital LLC
5 Feb 24
SC 13G/A
Harraden Circle Investments, LLC
31 Jan 24
SC 13D
Mars Capital Holding Corp
22 Feb 23
Financial summary
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Diluted EPS |
Annual (USD) | Sep 23 | |
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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) | 178.79 k | 178.79 k | 178.79 k | 178.79 k | 178.79 k | |
Cash burn (monthly) | 19.72 k | (no burn) | 43.51 k | 43.47 k | 16.25 | |
Cash used (since last report) | 136.99 k | n/a | 302.30 k | 301.98 k | 112.90 | |
Cash remaining | 41.80 k | n/a | -123.51 k | -123.19 k | 178.68 k | |
Runway (months of cash) | 2.1 | n/a | -2.8 | -2.8 | 10995.7 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 11 |
Closed positions | 2 |
Increased positions | 6 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 59.57 bn |
Total shares | 12.30 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mars Capital Holding | 1.61 mm | $0.00 |
Highbridge Capital Management | 823.37 k | $205.68 mm |
Harraden Circle Investments | 598.57 k | $6.09 mm |
Karpus Management | 558.91 k | $5.81 bn |
Hudson Bay Capital Management | 550.00 k | $3.80 bn |
Westchester Capital Management | 450.00 k | $4.67 bn |
Aristeia Capital | 400.00 k | $4.16 bn |
Polar Asset Management Partners | 400.00 k | $2.13 bn |
Rivernorth Capital Management | 398.99 k | $2.12 bn |
CNH Partners | 350.00 k | $1.86 bn |