Sandbridge X2 Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination with a company in any business, industry, sector or geographical location, it intends to focus its search on the consumer sector and consumer related business, which complements the expertise of its management team, directors and advisors. The Company’s team includes experienced industry operators and investors whose strategic skill sets are being deployed to pursue significant value creation opportunities.
Company profile
Ticker
SBII, SBII-UN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
SBII stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
12 Dec 22
25-NSE
Exchange delisting
2 Dec 22
8-K
Sandbridge X2 Corp Amends Charter and Trust Agreement to Unwind
29 Nov 22
DEFA14A
Additional proxy soliciting materials
16 Nov 22
8-K
Sandbridge X2 Corp to Hold Special Meeting of Stockholders to Obtain Stockholder Approval to Liquidate Trust Account Before Year-End
16 Nov 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
25-NSE
Exchange delisting
1 Nov 22
DEF 14A
Definitive proxy
31 Oct 22
PRE 14A
Preliminary proxy
21 Oct 22
8-K
NYSE to Suspend Trading Immediately in Warrants of Sandbridge X2 Corp. (SBII WS) and Commence Delisting Proceedings
18 Oct 22
Latest ownership filings
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
31 Jan 23
SC 13G/A
Magnetar Financial LLC
24 Jan 23
SC 13G
Saba Capital Management, L.P.
17 Jun 22
SC 13G/A
Sculptor Capital LP
14 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
21 Jan 22
SC 13G
Magnetar Financial LLC
21 Jan 22
SC 13G
INTEGRATED CORE STRATEGIES (US) LLC
9 Aug 21
SC 13G
Sculptor Capital LP
10 May 21
3
Cynthia Isgrig
18 Mar 21
3
Joseph Michael Lamastra
9 Mar 21
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | |
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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) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 156.64 k | 156.64 k | 156.64 k | 156.64 k | 156.64 k | 156.64 k |
Cash burn (monthly) | 48.82 k | 1.27 k | (no burn) | (no burn) | 82.99 k | 470.34 k |
Cash used (since last report) | 942.92 k | 24.56 k | n/a | n/a | 1.60 mm | 9.08 mm |
Cash remaining | -786.28 k | 132.08 k | n/a | n/a | -1.45 mm | -8.93 mm |
Runway (months of cash) | -16.1 | 103.9 | n/a | n/a | -17.4 | -19.0 |
Institutional ownership, Q3 2022
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 68 |
Opened positions | 29 |
Closed positions | 10 |
Increased positions | 33 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 212.38 mm |
Total shares | 22.22 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Saba Capital Management | 1.93 mm | $19.01 mm |
Magnetar Financial | 1.63 mm | $15.99 mm |
Integrated Core Strategies | 1.40 mm | $0.00 |
Marshall Wace | 1.18 mm | $11.62 mm |
Sculptor Capital | 1.10 mm | $10.81 mm |
Millennium Management | 984.34 k | $9.68 mm |
Vivaldi Asset Management | 959.16 k | $9.43 mm |
MCQEF Macquarie | 933.33 k | $9.18 mm |
Periscope Capital | 837.10 k | $8.24 mm |
BNP Paribas Arbitrage | 800.00 k | $15.62 mm |