Spartan Acquisition Corp. III was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The Company intends to focus its search for a target business in the energy value chain in North America, with a particular focus on opportunities aligned with energy transition and sustainability themes. The Company is sponsored by Spartan Acquisition Sponsor III LLC, which is owned by a private investment fund managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO).
Company profile
Ticker
SPAQ, SPAQ-UN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
SPAQ stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
28 Mar 22
8-K
Spartan Acquisition Corp. III and Allego Holding B.V. Complete Business
22 Mar 22
25-NSE
Exchange delisting
17 Mar 22
8-K
Spartan Acquisition Corp. III Stockholders Approve Previously Announced
9 Mar 22
425
Business combination disclosure
28 Feb 22
8-K
Entry into a Material Definitive Agreement
28 Feb 22
425
Business combination disclosure
15 Feb 22
425
Business combination disclosure
15 Feb 22
425
Business combination disclosure
14 Feb 22
425
Business combination disclosure
14 Feb 22
Latest ownership filings
4
Change in insider ownership
18 Mar 22
4
J MICHAEL STICE
17 Mar 22
4
Jan C. Wilson
17 Mar 22
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 22
SC 13G
Apollo Principal Holdings III GP Ltd
11 Feb 22
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
12 Nov 21
SC 13G
CITADEL ADVISORS LLC
9 Aug 21
3
Matthew J. Smith
11 May 21
3/A
Initial statement of insider ownership (amended)
10 Feb 21
3
Olivia C Wassenaar
8 Feb 21
Financial summary
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Diluted EPS |
Annual (USD) | Dec 20 | |
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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) | 497.04 k | 497.04 k | 497.04 k | 497.04 k | 497.04 k | 497.04 k |
Cash burn (monthly) | 60.91 k | 49.95 k | 824.62 k | 640.94 k | 882.00 k | 739.26 k |
Cash used (since last report) | 1.88 mm | 1.55 mm | 25.51 mm | 19.83 mm | 27.29 mm | 22.87 mm |
Cash remaining | -1.39 mm | -1.05 mm | -25.02 mm | -19.33 mm | -26.79 mm | -22.37 mm |
Runway (months of cash) | -22.8 | -21.0 | -30.3 | -30.2 | -30.4 | -30.3 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 143 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 135.30 mm |
Total shares | 13.78 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Apollo Principal Holdings III GP | 13.70 mm | $135.22 mm |
potrero capital research | 75.00 k | $79.00 k |