Northern Star Investment Corp. II (NSTB)

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)	64.61 k	64.61 k	64.61 k	64.61 k	64.61 k	64.61 k
Cash burn (monthly)	40.56 k	2.69 k	49.85 k	(no burn)	81.02 k	150.98 k
Cash used (since last report)	649.78 k	43.17 k	798.63 k	n/a	1.30 mm	2.42 mm
Cash remaining	-585.17 k	21.44 k	-734.01 k	n/a	-1.23 mm	-2.35 mm
Runway (months of cash)	-14.4	8.0	-14.7	n/a	-15.2	-15.6

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

NSTB institutional ownership history Ownership history

86.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	29	-93.1%
Opened positions	0	26	EXIT
Closed positions	27	0	NEW
Increased positions	1	0	NEW
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	5.00 k	105.92 mm	-100.0%
Total shares	9.77 mm	11.22 mm	-12.9%
Total puts	0.00	0.00
Total calls	0.00	443.60 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Northern Star II Sponsor	9.77 mm	$0.00	+0.6%
IFP Advisors	1.00 k	$5.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Periscope Capital	0.00	-526.30 k	EXIT
Meteora Capital	0.00	-337.62 k	EXIT
Capital Advisors, LLC- CA Arena	0.00	-100.00 k	EXIT
Cantor Fitzgerald, L. P.	0.00	-83.33 k	EXIT
P Schoenfeld Asset Management	0.00	-61.94 k	EXIT
Northern Star II Sponsor	9.77 mm	+58.33 k	+0.6%
Q Global Advisors	0.00	-50.00 k	EXIT
Silver Rock Financial	0.00	-50.00 k	EXIT
Cowen And	0.00	-38.00 k	EXIT
Davidson Kempner Capital Management	0.00	-35.00 k	EXIT

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

NSTB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
8 Apr 24	Northern Star II Sponsor	Class A Common Stock	Conversion	Acquire C	Yes	No	58,333	9,766,667
8 Apr 24	Northern Star II Sponsor	Class B Common Stock Class A Common Stock	Conversion	Dispose C	Yes	No	58,333	0
26 Feb 24	James HR Brady	Class A Common Stock	Conversion	Acquire C	No	No	116,667	116,667
26 Feb 24	James HR Brady	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	116,667	0

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