FTAC Hera Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on January 18, 2021. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (the “Business Combination”).
Company profile
Ticker
HERA, HERAW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
HERA stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
21 Mar 23
25-NSE
Exchange delisting
7 Mar 23
8-K
FTAC Hera Acquisition Corp. Announces it Will Redeem its Public Shares
17 Feb 23
8-K
Entry into a Material Definitive Agreement
14 Nov 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
10-Q
2022 Q1
Quarterly report
12 May 22
8-K
Departure of Directors or Certain Officers
21 Apr 22
10-K
2021 FY
Annual report
17 Mar 22
8-K
Important Tax Notice
15 Mar 22
Latest ownership filings
SC 13G
First Trust Capital Management L.P.
14 Feb 23
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G
ARISTEIA CAPITAL LLC
13 Feb 23
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
2 Feb 23
SC 13G
Saba Capital Management, L.P.
17 Jun 22
4
Laura Kohn
21 Apr 22
3
Laura Kohn
21 Apr 22
SC 13G/A
Atalaya Capital Management LP
14 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
8 Feb 22
SC 13G
FTAC Hera Sponsor, LLC
4 Feb 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | |
|---|---|---|
| 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) | 104.09 k | 104.09 k | 104.09 k | 104.09 k | 104.09 k | 104.09 k |
| Cash burn (monthly) | 51.51 k | 103.50 k | 96.69 k | 133.19 k | 1.12 mm | 832.92 k |
| Cash used (since last report) | 308.53 k | 619.91 k | 579.13 k | 797.74 k | 6.71 mm | 4.99 mm |
| Cash remaining | -204.43 k | -515.81 k | -475.04 k | -693.65 k | -6.60 mm | -4.88 mm |
| Runway (months of cash) | -4.0 | -5.0 | -4.9 | -5.2 | -5.9 | -5.9 |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 100 |
| Opened positions | 4 |
| Closed positions | 45 |
| Increased positions | 11 |
| Reduced positions | 58 |
| 13F shares | Current |
|---|---|
| Total value | 768.47 bn |
| Total shares | 107.45 mm |
| Total puts | 0.00 |
| Total calls | 5.38 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| FTAC Hera Sponsor | 22.73 mm | $222.04 mm |
| Glazer Capital | 7.41 mm | $74.56 bn |
| Integrated Core Strategies | 6.87 mm | $0.00 |
| Aristeia Capital | 6.00 mm | $60.67 bn |
| Millennium Management | 5.76 mm | $57.96 bn |
| Saba Capital Management | 4.50 mm | $45.46 bn |
| Vivaldi Asset Management | 4.47 mm | $45.22 bn |
| HBCYF HSBC | 3.60 mm | $36.43 bn |
| Weiss Asset Management | 3.35 mm | $33.87 bn |
| Polar Asset Management Partners | 2.84 mm | $28.69 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 Apr 22 | Laura Kohn | Class B ordinary shares Class A ordinary shares | Other | Acquire J | Yes | No | 0 | 25,000 | 0.00 | 25,000 |