quantum fintech acquisition corporation (“qfta.u”) is a $200 million blank check company incorporated as a delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. while qfta.u may pursue an initial business combination in any region or sector, we intend to focus our efforts on identifying high-growth financial services and fintech businesses. the management team maintains industry-leading relationships across the fintech landscape and is capable of identifying, analyzing, and determining business quality and the sustainable competitive advantages of a target company.
Company profile
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
853286402
Latest filings (excl ownership)
15-12G
Securities registration termination
22 Feb 24
8-K/A
Entry into a Material Definitive Agreement
22 Feb 24
8-K
Entry into a Material Definitive Agreement
13 Feb 24
25-NSE
Exchange delisting
12 Feb 24
DEF 14A
Definitive proxy
29 Jan 24
PRE 14A
Preliminary proxy
17 Jan 24
425
Business combination disclosure
9 Jan 24
8-K
Entry into a Material Definitive Agreement
9 Jan 24
425
Business combination disclosure
15 Dec 23
8-K
Entry into a Material Definitive Agreement
15 Dec 23
Latest ownership filings
4
Richard Korhammer
21 Feb 24
4
Change in insider ownership
16 Feb 24
4
Thomas Jon Hammond
16 Feb 24
4
Sandip I Patel
16 Feb 24
4
John Schaible
16 Feb 24
4
Miguel Leon
16 Feb 24
4
Steven J. Carlson
16 Feb 24
SC 13G/A
MMCAP International Inc. SPC
13 Feb 24
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
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Operating income | ||||
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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) | 712.81 k | 712.81 k | 712.81 k | 712.81 k | 712.81 k | 712.81 k |
Cash burn (monthly) | 140.03 k | (no burn) | 213.60 k | 151.68 k | 212.66 k | 159.98 k |
Cash used (since last report) | 1.26 mm | n/a | 1.92 mm | 1.36 mm | 1.91 mm | 1.44 mm |
Cash remaining | -545.70 k | n/a | -1.21 mm | -650.36 k | -1.20 mm | -725.03 k |
Runway (months of cash) | -3.9 | n/a | -5.7 | -4.3 | -5.6 | -4.5 |
Institutional ownership, Q2 2023
71.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 21 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 4 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 28.19 bn |
Total shares | 8.89 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Quantum Ventures | 3.80 mm | $0.00 |
Funicular Funds | 2.35 mm | $23.93 mm |
Periscope Capital | 378.02 k | $3.93 bn |
Meteora Capital | 312.31 k | $3.24 bn |
Hudson Bay Capital Management | 302.02 k | $3.14 bn |
Fir Tree Capital Management | 266.70 k | $2.77 bn |
GABELLI & Co INVESTMENT ADVISERS | 225.00 k | $2.34 bn |
Cowen And | 203.71 k | $2.12 bn |
Rivernorth Capital Management | 188.73 k | $1.96 bn |
Crystalline Management | 178.12 k | $1.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Feb 24 | Miguel Leon | Common Stock | Sale back to company | Dispose D | No | No | 0 | 40,833 | 0.00 | 0 |
9 Feb 24 | Steven J. Carlson | Common Stock | Sale back to company | Dispose D | No | No | 0 | 40,833 | 0.00 | 0 |
9 Feb 24 | Sandip I Patel | Common Stock | Sale back to company | Dispose D | No | No | 0 | 41,334 | 0.00 | 0 |
9 Feb 24 | John Schaible | Common Stock | Sale back to company | Dispose D | No | No | 0 | 40,833 | 0.00 | 0 |
9 Feb 24 | Quantum Ventures | Common Stock | Sale back to company | Dispose D | No | No | 0 | 3,796,335 | 0.00 | 0 |