Equity Distribution Acquisition Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, asset acquisition, stock exchange or purchase, reorganization, or combination thereof with one or more businesses. The company seeks to capitalize on the strategic vision, operational acumen and strong public company stewardship of its founders, Sam Zell and Bill Galvin.
While the company may pursue targets in any industry, its initial focus is on North American businesses in the industrial sector. More specifically, the company is looking for companies offering unique or technology-enabled solutions across the value chain in the industrial and industrial distribution markets – from manufacturers to distributors to service providers.
Company profile
Ticker
EQD
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
EQD stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Sep 22
25-NSE
Exchange delisting
19 Sep 22
25-NSE
Exchange delisting
25 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Equity Distribution Acquisition Corp. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination
9 Aug 22
10-Q
2022 Q1
Quarterly report
4 May 22
10-K
2021 FY
Annual report
24 Feb 22
10-K/A
2020 FY
Annual report (amended)
22 Dec 21
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
13 Dec 21
Latest ownership filings
SC 13G
BANK OF MONTREAL /CAN/
15 Feb 22
SC 13G
Anson Funds Management LP
11 Feb 22
SC 13G/A
BlueCrest Capital Management Ltd
11 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
2 Feb 22
SC 13G
CHAI TRUST CO LLC
16 Feb 21
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
20 Jan 21
SC 13G
INTEGRATED CORE STRATEGIES (US) LLC
9 Dec 20
SC 13G
BlueCrest Capital Management Ltd
30 Oct 20
SC 13G
Falcon Edge Capital, LP
13 Oct 20
3
SAMUEL ZELL
15 Sep 20
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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| Change in cash | |||||
| 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) | 272.55 k | 272.55 k | 272.55 k | 272.55 k | 272.55 k | 272.55 k |
| Cash burn (monthly) | 48.84 k | 51.91 k | (no burn) | (no burn) | 99.63 k | 76.58 k |
| Cash used (since last report) | 337.32 k | 358.52 k | n/a | n/a | 688.15 k | 528.95 k |
| Cash remaining | -64.77 k | -85.98 k | n/a | n/a | -415.61 k | -256.41 k |
| Runway (months of cash) | -1.3 | -1.7 | n/a | n/a | -4.2 | -3.3 |
Institutional ownership, Q3 2022
3.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 0 |
| Closed positions | 46 |
| Increased positions | 1 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 12.06 mm |
| Total shares | 1.55 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Integrated Core Strategies | 1.23 mm | $12.05 mm |
| Rivernorth Capital Management | 322.70 k | $10.00 k |