Trajectory Alpha Acquisition (TCOA)

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)	7.38 k	7.38 k	7.38 k	7.38 k	7.38 k	7.38 k
Cash burn (monthly)	(no burn)	59.51 k	200.50 k	163.92 k	(no burn)	(no burn)
Cash used (since last report)	n/a	953.46 k	3.21 mm	2.63 mm	n/a	n/a
Cash remaining	n/a	-946.08 k	-3.21 mm	-2.62 mm	n/a	n/a
Runway (months of cash)	n/a	-15.9	-16.0	-16.0	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

TCOA institutional ownership history Ownership history

67.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	9	7	+28.6%
Opened positions	4	4	–
Closed positions	2	1	+100.0%
Increased positions	2	0	NEW
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	9.39 bn	21.89 mm	+42796.5%
Total shares	4.82 mm	4.60 mm	+4.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Trajectory Alpha Sponsor	2.48 mm	$0.00	0.0%
D. E. Shaw & Co	1.49 mm	$0.00	0.0%
Cowen And	391.23 k	$4.33 bn	+803.2%
Wolverine Asset Management	205.89 k	$2.28 bn	+160.0%
Crystalline Management	95.90 k	$1.06 bn	NEW
Spartan Fund Management	87.86 k	$970.82 mm	NEW
Warberg Asset Management	67.42 k	$744.99 mm	NEW
Virtu Financial	15.72 k	$174.00 k	NEW
Sea Otter Securities	10.00	$0.00	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Cowen And	391.23 k	+347.92 k	+803.2%
Sculptor Capital	0.00	-265.90 k	EXIT
Calamos Advisors	0.00	-250.00 k	EXIT
Wolverine Asset Management	205.89 k	+126.70 k	+160.0%
Crystalline Management	95.90 k	+95.90 k	NEW
Spartan Fund Management	87.86 k	+87.86 k	NEW
Warberg Asset Management	67.42 k	+67.42 k	NEW
Virtu Financial	15.72 k	+15.72 k	NEW
Proequities	0.00	0.00
D. E. Shaw & Co	1.49 mm	0.00	0.0%

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.