The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company is sponsored by Avanti Acquisition SCSp, an affiliate of NNS Group, the private single family office of Nassef Sawiris and Sienna Capital, a subsidiary of Groupe Bruxelles Lambert.
Company profile
Ticker
AVAN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
AVAN stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
9 Nov 22
25-NSE
Exchange delisting
21 Oct 22
8-K
Avanti Acquisition Corp. Announces Redemption of Class A Ordinary Shares
6 Oct 22
10-Q
2022 Q2
Quarterly report
10 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
10-K
2021 FY
Annual report
31 Mar 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
29 Nov 21
10-Q
2021 Q3
Quarterly report
15 Nov 21
Latest ownership filings
SC 13G/A
BAUPOST GROUP LLC/MA
13 Feb 23
SC 13G/A
Avanti Acquisition SCSp
9 Feb 23
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 22
SC 13G/A
BAUPOST GROUP LLC/MA
11 Feb 22
SC 13G/A
Luxor Capital Group, LP
16 Feb 21
SC 13G
Vellar Opportunities Fund Master, Ltd.
16 Feb 21
SC 13G
Avanti Acquisition SCSp
12 Feb 21
SC 13G
BAUPOST GROUP LLC/MA
12 Feb 21
SC 13G
CITADEL ADVISORS LLC
22 Jan 21
SC 13G
Falcon Edge Capital, LP
10 Nov 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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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
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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) | 40.56 k | 40.56 k | 40.56 k | 40.56 k | 40.56 k | 40.56 k |
Cash burn (monthly) | 51.19 k | (no burn) | 63.21 k | 101.69 k | 2.79 mm | 2.36 mm |
Cash used (since last report) | 1.07 mm | n/a | 1.32 mm | 2.13 mm | 58.37 mm | 49.44 mm |
Cash remaining | -1.03 mm | n/a | -1.28 mm | -2.09 mm | -58.33 mm | -49.40 mm |
Runway (months of cash) | -20.2 | n/a | -20.3 | -20.5 | -20.9 | -20.9 |
Institutional ownership, Q3 2022
13F holders | Current |
---|---|
Total holders | 90 |
Opened positions | 9 |
Closed positions | 8 |
Increased positions | 18 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 645.84 mm |
Total shares | 77.95 mm |
Total puts | 171.70 k |
Total calls | 1.96 mm |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Acquisition SCSp Avanti | 14.93 mm | $153.43 mm |
Falcon Edge Capital | 10.76 mm | $71.93 mm |
Glazer Capital | 5.99 mm | $59.97 mm |
Third Point | 4.50 mm | $30.09 mm |
Taconic Capital Advisors | 3.23 mm | $24.33 mm |
Saba Capital Management | 2.82 mm | $28.07 mm |
Marshall Wace | 2.08 mm | $20.82 mm |
Baupost | 2.00 mm | $46.00 k |
Ubs Oconnor | 1.98 mm | $19.81 mm |
Periscope Capital | 1.85 mm | $18.50 mm |