Bannix Acquisition (BNIX)

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)	271.83 k	271.83 k	271.83 k	271.83 k	271.83 k	271.83 k
Cash burn (monthly)	(no burn)	(no burn)	82.95 k	110.37 k	55.32 k	67.20 k
Cash used (since last report)	n/a	n/a	368.39 k	490.17 k	245.69 k	298.45 k
Cash remaining	n/a	n/a	-96.56 k	-218.33 k	26.14 k	-26.62 k
Runway (months of cash)	n/a	n/a	-1.2	-2.0	0.5	-0.4

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Financial data from company earnings reports.

Institutional ownership, Q3 2024

BNIX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	32	25	+28.0%
Opened positions	7	0	NEW
Closed positions	0	1	EXIT
Increased positions	17	1	+1600.0%
Reduced positions	2	5	-60.0%

13F shares	Current	Prev Q	Change
Total value	2.07 bn	454.67 mm	+354.3%
Total shares	9.33 mm	4.95 mm	+88.6%
Total puts	0.00	0.00
Total calls	29.96 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Meteora Capital	1.26 mm	$1.03 bn	NEW
Owl Creek Asset Management	750.94 k	$88.61 mm	0.0%
Clear Street Derivatives	720.20 k	$85.00 k	0.0%
MFG Mizuho Financial	627.79 k	$6.16 mm	0.0%
Yakira Capital Management	600.00 k	$32.69 mm	+100.0%
Context Capital Management	530.87 k	$25.13 mm	+152.3%
Shaolin Capital Management	500.00 k	$59.00 mm	NEW
Highbridge Capital Management	428.00 k	$30.82 mm	0.0%
Clear Street	405.80 k	$510.00 k	+12035.3%
Periscope Capital	369.70 k	$17.27 mm	+52.3%

Largest transactions	Shares	Bought/sold	Change
Meteora Capital	1.26 mm	+1.26 mm	NEW
Shaolin Capital Management	500.00 k	+500.00 k	NEW
Clear Street	405.80 k	+402.46 k	+12035.3%
Context Capital Management	530.87 k	+320.48 k	+152.3%
Yakira Capital Management	600.00 k	+300.00 k	+100.0%
Wolverine Asset Management	197.40 k	+195.08 k	+8405.1%
SkyView Investment Advisors	291.00 k	+194.00 k	+200.0%
Rivernorth Capital Management	350.00 k	+175.00 k	+100.0%
K2 Principal Fund	148.40 k	+148.40 k	NEW
Periscope Capital	369.70 k	+127.00 k	+52.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Press releases

From Benzinga Pro

Bannix Acquisition Corp. Announces Monthly Extension to Complete its Initial Business Combination

16 Jan 25

WILMINGTON, Del., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bannix Acquisition Corp. ("Bannix") announced today that its board of directors (the "Board") has decided to extend the date by which Bannix must consummate an