Fortress Capital Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on August 27, 2020. The Company was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (“Business Combination”). Although the Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination, the Company intends to capitalize on the ability of its management team to identify, acquire and operate a business that may provide opportunities for attractive risk-adjusted returns. The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.
Company profile
Ticker
FCAX, FCAX-UN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
FCAX stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
30 Jan 23
25-NSE
Exchange delisting
18 Jan 23
8-K
Fortress Capital Acquisition Corp. Announces Redemption of Class A Ordinary Shares
4 Jan 23
25-NSE
Exchange delisting
27 Dec 22
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 Dec 22
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
9 Dec 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
8-K
Departure of Directors or Certain Officers
5 Aug 22
8-K
Departure of Directors or Certain Officers
21 Jun 22
Latest ownership filings
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G/A
Sculptor Capital LP
14 Feb 23
SC 13G/A
Empyrean Capital Partners, LP
14 Feb 23
SC 13G/A
Fortress Capital Acquisition Sponsor LLC
10 Feb 23
4
Daniel Bass
19 Jan 23
SC 13G
Sculptor Capital LP
13 Jul 22
SC 13G
Saba Capital Management, L.P.
20 May 22
4
Change in insider ownership
21 Mar 22
4
Gary Kalk
21 Mar 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | 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 |
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) | 84.57 k | 84.57 k | 84.57 k | 84.57 k | 84.57 k | 84.57 k |
Cash burn (monthly) | 18.15 k | 40.96 k | 117.87 k | 125.40 k | 516.22 k | 879.90 k |
Cash used (since last report) | 326.04 k | 736.01 k | 2.12 mm | 2.25 mm | 9.28 mm | 15.81 mm |
Cash remaining | -241.47 k | -651.44 k | -2.03 mm | -2.17 mm | -9.19 mm | -15.73 mm |
Runway (months of cash) | -13.3 | -15.9 | -17.3 | -17.3 | -17.8 | -17.9 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 13 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Jan 23 | Bass Daniel | Class A Ordinary Shares, par value $0.0001 | Sale back to company | Dispose D | No | No | 0 | 4,000 | 0.00 | 0 |