Ackrell is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition in any business industry or sector, it intends to concentrate its efforts on identifying businesses in the branded fast-moving consumer goods industry.
Company profile
Ticker
ACKIT, ACKIW, ACKIU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Blackstone Products, Inc. • Ackrell Merger Sub Inc. ...
IRS number
833237047
Latest filings (excl ownership)
15-15D
Suspension of duty to report
16 Sep 22
425
Business combination disclosure
31 Aug 22
8-K
Termination of a Material Definitive Agreement
31 Aug 22
25-NSE
Exchange delisting
31 Aug 22
425
Business combination disclosure
25 Aug 22
8-K
Regulation FD Disclosure
25 Aug 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
NT 10-Q
Notice of late quarterly filing
15 Aug 22
425
Business combination disclosure
29 Jun 22
8-K
Ackrell Spac Partners I Co. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination
21 Jun 22
Latest ownership filings
SC 13G
Feis Lawrence
2 Mar 22
SC 13G
MIZUHO FINANCIAL GROUP INC
14 Feb 22
SC 13G/A
BASSO CAPITAL MANAGEMENT, L.P.
11 Feb 22
SC 13G
BASSO CAPITAL MANAGEMENT, L.P.
9 Feb 21
SC 13D
ACKRELL SPAC Sponsors I LLC
4 Jan 21
4
Stephen N Cannon
28 Dec 20
4
Change in insider ownership
28 Dec 20
3
Shannon Soqui
22 Dec 20
3
Stephen N Cannon
21 Dec 20
3
Initial statement of insider ownership
21 Dec 20
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | |
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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) | 195.11 k | 195.11 k | 195.11 k | 195.11 k | 195.11 k | 195.11 k |
Cash burn (monthly) | (no burn) | 6.83 k | 196.32 k | 193.82 k | 175.13 k | 64.77 k |
Cash used (since last report) | n/a | 147.79 k | 4.25 mm | 4.19 mm | 3.79 mm | 1.40 mm |
Cash remaining | n/a | 47.32 k | -4.05 mm | -4.00 mm | -3.59 mm | -1.21 mm |
Runway (months of cash) | n/a | 6.9 | -20.6 | -20.6 | -20.5 | -18.6 |
Institutional ownership, Q3 2022
43.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 4 |
Opened positions | 0 |
Closed positions | 26 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 23.69 mm |
Total shares | 6.24 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
ACKRELL SPAC Sponsors I | 3.87 mm | $0.00 |
Feis Lawrence Michael | 1.18 mm | $12.06 mm |
MFG Mizuho Financial | 1.15 mm | $11.63 mm |
Rivernorth Capital Management | 34.70 k | $0.00 |