CC Neuberger Principal Holdings II is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
PRPB
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
15-12G
Securities registration termination
2 Aug 22
25-NSE
Exchange delisting
25 Jul 22
425
Business combination disclosure
20 Jul 22
425
Business combination disclosure
20 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
20 Jul 22
425
Business combination disclosure
13 Jul 22
8-K
Other Events
13 Jul 22
DEF 14A
Definitive proxy
1 Jul 22
8-K
Entry into a Material Definitive Agreement
20 May 22
425
Business combination disclosure
16 May 22
Latest ownership filings
4
Change in insider ownership
22 Jul 22
4
JAMES QUELLA
22 Jul 22
4
Chinh Chu
22 Jul 22
SC 13G/A
CC Neuberger Principal Holdings II Sponsor LLC
1 Mar 22
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
7 Feb 22
4
Change in insider ownership
10 Jun 21
4
Jonathan Gear
10 Jun 21
3
Jonathan Gear
10 Jun 21
SC 13G
GLAZER CAPITAL, LLC
16 Feb 21
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
|---|---|---|---|
| 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) | 219.71 k | 219.71 k | 219.71 k | 219.71 k | 219.71 k | 219.71 k |
| Cash burn (monthly) | 23.53 k | 38.20 k | 757.87 k | 540.83 k | 103.53 k | (no burn) |
| Cash used (since last report) | 426.76 k | 692.83 k | 13.75 mm | 9.81 mm | 1.88 mm | n/a |
| Cash remaining | -207.05 k | -473.11 k | -13.53 mm | -9.59 mm | -1.66 mm | n/a |
| Runway (months of cash) | -8.8 | -12.4 | -17.8 | -17.7 | -16.0 | n/a |
Institutional ownership, Q3 2022
7.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 0 |
| Closed positions | 121 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 280.96 mm |
| Total shares | 28.38 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| CC Neuberger Principal Holdings II Sponsor | 25.58 mm | $253.24 mm |
| Integrated Core Strategies | 2.80 mm | $27.72 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Jul 22 | Quella James | Class B ordinary shares Class A ordinary shares | Conversion | Dispose C | No | No | 0 | 40,000 | 0.00 | 0 |
| 22 Jul 22 | CC Neuberger Principal Holdings II Sponsor | Class B ordinary shares Class A ordinary shares | Conversion | Dispose C | No | No | 0 | 25,580,000 | 0.00 | 0 |