Twin Ridge Capital Acquisition Corp. (NYSE: TRCA) is a special purpose acquisition company sponsored by Twin Ridge Capital Sponsor, LLC. The company deploys a disciplined strategic approach that focuses on leveraging its powerful professional networks and deep industry experience to provide meaningful value to a target business. For more information, visit www.twinridgecapitalac.com.
Company profile
Ticker
TRCA, TRCA-UN, TRCA-WT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
TRCA stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
15-12G
Securities registration termination
13 Nov 23
25-NSE
Exchange delisting
3 Nov 23
425
Business combination disclosure
31 Oct 23
425
Business combination disclosure
27 Oct 23
425
Business combination disclosure
19 Oct 23
425
Business combination disclosure
18 Oct 23
425
Business combination disclosure
16 Oct 23
425
Business combination disclosure
16 Oct 23
Latest ownership filings
SC 13G/A
YA II PN, Ltd.
14 Feb 24
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 24
SC 13G/A
COWEN AND COMPANY, LLC
2 Feb 24
SC 13G/A
GLAZER CAPITAL, LLC
11 Dec 23
SC 13G/A
Hudson Bay Capital Management LP
10 Oct 23
3
William Douglas Toler
31 May 23
3
Sander Gerber
30 May 23
SC 13G
COWEN AND COMPANY, LLC
27 Apr 23
SC 13G/A
COWEN AND COMPANY, LLC
27 Apr 23
4
Sander Gerber
27 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
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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) | 51.48 k | 51.48 k | 51.48 k | 51.48 k | 51.48 k | 51.48 k |
Cash burn (monthly) | 26.28 k | 95.14 k | 1.10 mm | 732.11 k | 26.28 k | 95.14 k |
Cash used (since last report) | 175.12 k | 634.01 k | 7.32 mm | 4.88 mm | 175.12 k | 634.03 k |
Cash remaining | -123.64 k | -582.53 k | -7.27 mm | -4.83 mm | -123.64 k | -582.55 k |
Runway (months of cash) | -4.7 | -6.1 | -6.6 | -6.6 | -4.7 | -6.1 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 41 |
Opened positions | 5 |
Closed positions | 15 |
Increased positions | 2 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 619.41 mm |
Total shares | 14.67 mm |
Total puts | 0.00 |
Total calls | 322.69 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Twin Ridge Capital Sponsor | 10.44 mm | $101.12 mm |
Integrated Core Strategies | 1.02 mm | $0.00 |
Periscope Capital | 400.52 k | $30.08 mm |
Aristeia Capital | 333.33 k | $26.50 mm |
GS Goldman Sachs | 309.72 k | $23.26 mm |
Walleye Capital | 175.78 k | $13.20 mm |
Cowen And | 168.48 k | $12.65 mm |
Radcliffe Capital Management | 150.20 k | $11.94 mm |
Bracebridge Capital | 141.67 k | $10.64 mm |
Sculptor Capital | 133.77 k | $10.63 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Apr 23 | Hudson Bay Capital Management | Class A Ordinary Shares, $0.0001 par value | Sell | Dispose S | Yes | No | 10.31 | 229,746 | 2.37 mm | 620,607 |
25 Apr 23 | Hudson Bay Capital Management | Class A Ordinary Shares, $0.0001 par value | Sell | Dispose S | Yes | No | 10.32 | 254 | 2.62 k | 850,353 |