Fortistar Sustainable Solutions Corp. is a blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this Annual Report on Form 10-K as our initial business combination, or business combination.
Company profile
Ticker
FSSI, FSSIW, FSSIU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
852693583
FSSI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
19 Dec 22
25-NSE
Exchange delisting
7 Dec 22
25-NSE
Exchange delisting
7 Dec 22
25-NSE
Exchange delisting
7 Dec 22
8-K
Entry into a Material Definitive Agreement
2 Dec 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Other Events
10 Nov 22
DEF 14A
Definitive proxy
10 Nov 22
8-K
Other Events
28 Oct 22
PRE 14A
Preliminary proxy
28 Oct 22
Latest ownership filings
SC 13G/A
Castle Creek Arbitrage, LLC
13 Feb 23
SC 13G
Saba Capital Management, L.P.
26 Aug 22
SC 13G
Castle Creek Arbitrage, LLC
11 Feb 22
SC 13G/A
Empyrean Capital Partners, LP
10 Feb 22
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
10 Dec 21
SC 13G
WELLINGTON MANAGEMENT GROUP LLP
12 Jul 21
SC 13G
Empyrean Capital Partners, LP
8 Feb 21
3
William D Lese
26 Jan 21
3
Mark S Comora
26 Jan 21
3
George Coyle
26 Jan 21
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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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 |
Annual (USD) | Dec 21 | |
---|---|---|
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) | 3.37 k | 3.37 k | 3.37 k | 3.37 k | 3.37 k | |
Cash burn (monthly) | 24.75 k | 61.12 k | (no burn) | (no burn) | 34.50 k | |
Cash used (since last report) | 461.69 k | 1.14 mm | n/a | n/a | 643.69 k | |
Cash remaining | -458.33 k | -1.14 mm | n/a | n/a | -640.32 k | |
Runway (months of cash) | -18.5 | -18.6 | n/a | n/a | -18.6 |
Institutional ownership, Q3 2022
13F holders | Current |
---|---|
Total holders | 106 |
Opened positions | 9 |
Closed positions | 15 |
Increased positions | 29 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 227.89 mm |
Total shares | 31.54 mm |
Total puts | 0.00 |
Total calls | 489.10 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Castle Creek Arbitrage | 2.02 mm | $13.35 mm |
Saba Capital Management | 1.97 mm | $16.37 mm |
Periscope Capital | 1.34 mm | $10.11 mm |
Adage Capital Partners GP, L.L.C. | 1.23 mm | $8.45 mm |
Sculptor Capital | 1.08 mm | $9.46 mm |
NMR Nomura | 1.07 mm | $8.36 mm |
Parallax Volatility Advisers | 1.05 mm | $85.00 k |
Cowen And | 898.12 k | $111.00 k |
Aristeia Capital | 845.31 k | $5.41 mm |
HBCYF HSBC | 836.54 k | $8.26 mm |