Ark Global Acquisition Corp. is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While Ark Global Acquisition Corp. may pursue a business combination in any industry, the company intends to favor next-generation technology businesses led by visionary founders and teams leveraging data and artificial intelligence in the areas of Consumer Internet and Marketplaces, Healthtech, Fintech and Mobility.
Company profile
Ticker
KURI, KURIU, KURIW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARK GLOBAL ACQUISITION CORP.
SEC CIK
Corporate docs
IRS number
854168339
KURI stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
1 Nov 21
8-K
Termination of a Material Definitive Agreement
22 Oct 21
25
Voluntary exchange delisting
22 Oct 21
8-K
Alkuri Global Acquisition Corp. Stockholders Approve Business Combination
20 Oct 21
425
Business combination disclosure
18 Oct 21
425
Business combination disclosure
15 Oct 21
8-K
Other Events
15 Oct 21
425
Business combination disclosure
8 Oct 21
425
Business combination disclosure
7 Oct 21
8-K
Other Events
7 Oct 21
Latest ownership filings
SC 13G/A
RP Investment Advisors LP
11 Feb 22
4
Rich Williams
19 Oct 21
SC 13G
Empyrean Capital Partners, LP
1 Mar 21
SC 13G
RP Investment Advisors LP
24 Feb 21
3/A
Sultan Al-Maadeed
12 Feb 21
3
Rich Williams
5 Feb 21
3
Initial statement of insider ownership
5 Feb 21
3
Stephen N. Smith
5 Feb 21
3
Katie May
5 Feb 21
3
Steve Krenzer
5 Feb 21
Financial summary
| Quarter (USD) | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Annual (USD) | Dec 20 | |
|---|---|---|
| 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) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 70.82 k | 70.82 k | 70.82 k | |||
| Cash burn (monthly) | 81.43 k | 2.16 mm | (no burn) | |||
| Cash used (since last report) | 1.57 mm | 41.75 mm | n/a | |||
| Cash remaining | -1.50 mm | -41.68 mm | n/a | |||
| Runway (months of cash) | -18.5 | -19.3 | n/a | |||
Institutional ownership, Q4 2021
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 92 |
| 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 |
|---|---|---|
| RP Investment Advisors | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 Oct 21 | Williams Rich | Class A Common Stock | Buy | Acquire P | No | No | 10.08 | 3,175 | 32.00 k | 3,175 |
| 18 Oct 21 | Williams Rich | Warrant Class A Common Stock | Buy | Acquire P | No | No | 1.42 | 6,250 | 8.88 k | 6,250 |