IG Acquisition Corp. (Nasdaq: IGAC) is a special purpose acquisition company formed and led by Chairman Bradley Tusk, Chief Executive Officer Christian Goode and Chief Financial Officer Edward Farrell. IG Acquisition Corp. completed its initial public offering in October 2020, raising approximately $300 million in cash proceeds for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
IGAC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
852096362
IGAC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
23 Jan 23
25-NSE
Exchange delisting
11 Jan 23
8-K
Termination of a Material Definitive Agreement
6 Jan 23
8-K
Entry into a Material Definitive Agreement
8 Dec 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Entry into a Material Definitive Agreement
30 Sep 22
425
Business combination disclosure
22 Sep 22
8-K
Entry into a Material Definitive Agreement
22 Sep 22
DEF 14A
Definitive proxy
6 Sep 22
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
24 Aug 22
Latest ownership filings
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
SC 13G
METEORA CAPITAL, LLC
16 Feb 23
SC 13G
JANE STREET GROUP, LLC
14 Feb 23
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G
SUSQUEHANNA SECURITIES, LLC
14 Feb 23
SC 13G/A
GOLDMAN SACHS GROUP INC
10 Feb 23
3/A
Initial statement of insider ownership (amended)
21 Dec 22
4
Change in insider ownership
21 Dec 22
3
Initial statement of insider ownership
12 Dec 22
SC 13G
GOLDMAN SACHS GROUP INC
9 Dec 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | |
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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) | 27.88 k | 27.88 k | 27.88 k | 27.88 k | 27.88 k | 27.88 k |
Cash burn (monthly) | (no burn) | 5.09 k | 244.31 k | 250.32 k | 246.67 k | 564.65 k |
Cash used (since last report) | n/a | 91.53 k | 4.39 mm | 4.50 mm | 4.44 mm | 10.15 mm |
Cash remaining | n/a | -63.65 k | -4.36 mm | -4.47 mm | -4.41 mm | -10.12 mm |
Runway (months of cash) | n/a | -12.5 | -17.9 | -17.9 | -17.9 | -17.9 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 38 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 104.06 mm |
Total shares | 10.82 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
IG Sponsor | 7.50 mm | $75.98 mm |
Linden Capital | 2.86 mm | $28.08 mm |
Susquehanna Securities | 453.16 k | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Dec 22 | Goldman Sachs | Common Shares | Sell | Dispose S | Yes | No | 0 | 1 | 0.00 | 0 |