We are not presently engaged in, and we will not engage in, any substantive commercial business unless and until we consummate a business combination. We intend to utilize cash derived from the proceeds of our initial public offering and the private placement of private warrants, our shares, debt or a combination of these in effecting our initial business combination. Although substantially all of the net proceeds of our initial public offering and the private placement of private warrants are intended to be applied generally toward effecting a business combination as described in this report, the proceeds are not otherwise being designated for any more specific purposes. Accordingly, investors in our securities are investing without first having an opportunity to evaluate the specific merits or risks of any one or more business combinations. Our initial business combination may involve the acquisition of, or merger with, a company which does not need substantial additional capital but which desires to establish a public trading market for its shares, while avoiding what it may deem to be adverse consequences of undertaking a public offering itself. These include time delays, significant expense, loss of voting control and compliance with various Federal and state securities laws. In the alternative, we may seek to consummate a business combination with a company that may be financially unstable or in its early stages of development or growth. While we may seek to effect simultaneous business combinations with more than one target business, we will probably have the ability, as a result of our limited resources, to effect only a single business combination.
Company profile
Ticker
ELECU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Latest filings (excl ownership)
15-12B
Securities registration termination
18 Jun 18
25
Voluntary exchange delisting
6 Jun 18
8-K
Electrum Special Acquisition Corporation
31 May 18
8-K
Other Events
18 May 18
8-K
Other Events
10 May 18
PRE 14A
Preliminary proxy
27 Apr 18
10-Q
2018 Q1
Quarterly report
9 Apr 18
8-K
Entry into a Material Definitive Agreement
5 Feb 18
10-K
2017 FY
Annual report
31 Jan 18
8-K
Electrum Special Acquisition Corporation Announces Contribution to Trust Account
22 Jan 18
Latest ownership filings
SC 13G/A
Electrum Special Acquisition Corp
13 Feb 19
SC 13G/A
Electrum Special Acquisition Corp
1 Feb 19
SC 13G/A
Electrum Special Acquisition Corp
8 Jun 18
4
Change in insider ownership
25 May 18
SC 13G
Electrum Special Acquisition Corp
14 Feb 18
SC 13G/A
Beneficial ownership report (amended)
14 Feb 18
SC 13G/A
Electrum Special Acquisition Corp
13 Feb 18
SC 13G/A
Electrum Special Acquisition Corp
13 Feb 18
SC 13G
Electrum Special Acquisition Corp
30 Jan 18
SC 13G
Electrum Special Acquisition Corp
10 Oct 17
Financial summary
Quarter (USD) | Feb 18 | Nov 17 | Aug 17 | May 17 | |
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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 |
Annual (USD) | Nov 17 | Nov 16 | Nov 15 | |
---|---|---|---|---|
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) | 28.03 k | 28.03 k | 28.03 k | 28.03 k | 28.03 k | 28.03 k |
Cash burn (monthly) | 1.69 k | 6.67 k | 128.98 k | 130.79 k | (no burn) | (no burn) |
Cash used (since last report) | 129.10 k | 509.02 k | 9.84 mm | 9.98 mm | n/a | n/a |
Cash remaining | -101.07 k | -480.99 k | -9.81 mm | -9.95 mm | n/a | n/a |
Runway (months of cash) | -59.7 | -72.1 | -76.1 | -76.1 | n/a | n/a |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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