Altitude Acquisition (ALTU)

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)	24.34 k	24.34 k	24.34 k	24.34 k	24.34 k	24.34 k
Cash burn (monthly)	46.64 k	9.14 k	(no burn)	(no burn)	463.18 k	415.17 k
Cash used (since last report)	190.76 k	37.40 k	n/a	n/a	1.89 mm	1.70 mm
Cash remaining	-166.43 k	-13.06 k	n/a	n/a	-1.87 mm	-1.67 mm
Runway (months of cash)	-3.6	-1.4	n/a	n/a	-4.0	-4.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

ALTU institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	34	39	-12.8%
Opened positions	1	36	-97.2%
Closed positions	6	0	NEW
Increased positions	1	0	NEW
Reduced positions	3	1	+200.0%

13F shares	Current	Prev Q	Change
Total value	35.71 mm	49.64 mm	-28.1%
Total shares	8.04 mm	8.10 mm	-0.8%
Total puts	0.00	0.00
Total calls	102.63 k	102.63 k	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
D. E. Shaw & Co	2.38 mm	$0.00	0.0%
Linden Capital	1.46 mm	$14.47 mm	0.0%
Zeke Capital Advisors	625.00 k	$41.00 k	0.0%
Capital Advisors, LLC- CA Arena	500.00 k	$32.00 k	0.0%
LMR Partners	368.04 k	$3.70 mm	0.0%
Castle Creek Arbitrage	255.05 k	$17.00 k	0.0%
Clear Street	252.82 k	$16.00 k	0.0%
Moore Capital Management	250.00 k	$16.00 k	0.0%
Ubs Oconnor	238.62 k	$15.00 mm	-9.1%
MMCAP International Inc. SPC	205.42 k	$13.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
SkyView Investment Advisors	150.00 k	+150.00 k	NEW
Susquehanna International	0.00	-52.62 k	EXIT
Meteora Capital	0.00	-41.10 k	EXIT
Formidable Asset Management	0.00	-37.00 k	EXIT
Magnetar Financial	0.00	-31.75 k	EXIT
Ubs Oconnor	238.62 k	-23.89 k	-9.1%
Sage Mountain Advisors	0.00	-17.05 k	EXIT
Kohlberg Kravis Roberts & Co.	0.00	-10.00 k	EXIT
Jane Street	100.00 k	-3.64 k	-3.5%
UBS UBS Group AG - Registered Shares	9.43 k	+752.00	+8.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ALTU insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Jul 22	BNP Paribas Arbitrage	Altitude Acquisition Corp. (ALTU)	Sell	Dispose S	No	No	9.94	145,000	1.44 mm	204,600
19 Jul 22	BNP Paribas Arbitrage	Altitude Acquisition Corp. (ALTU)	Sell	Dispose S	No	No	9.94	250,000	2.49 mm	349,600

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Altitude Acquisition Corp. Announces Letter Of Intent For Business Combination With Leading Global Medical Device Manufacturer

9 Dec 22

Altitude Acquisition Corp. ("Altitude") (NASDAQ:ALTU) a publicly traded special purpose acquisition company (SPAC), today announced the signing of a non-binding letter-of-intent ("LOI")

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

9 Nov 22

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly