Target Global Acquisition I (TGAA)

Company Profile

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. The Company may pursue an initial business combination opportunity in any industry or geographical location.

Company profile

Ticker

TGAA, TGAAW, TGAAU

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Pershing Square Tontine • Foley Trasimene Acquisition II • KKR Acquisition Holdings I • Austerlitz Acquisition Corp II • FTAC Hera Acquisition • Cohn Robbins • Polestar Automotive Holding UK • E.Merge Technology Acquisition • Slam • MSD Acquisition ...

SEC CIK

0001847355

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

TGAA stock data

1M 1Y 5Y

Latest filings (excl ownership)

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9 Nov 22

29 Jul 22

13 May 22

Notice of late annual filing

Index to Financial Statement

21 Dec 21

8-K

Target Global Acquisition I Corp. Announces Pricing of $200 Million Initial Public Offering

13 Dec 21

Latest ownership filings

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SC 13G/A

Magnetar Financial LLC

24 Jan 23

SC 13G

CANTOR FITZGERALD SECURITIES

5 Dec 22

SC 13G/A

Target Global Sponsor Ltd.

10 Mar 22

SC 13G

Target Global Sponsor Ltd.

14 Feb 22

SC 13G

Magnetar Financial LLC

4 Feb 22

SC 13G

Apollo Management Holdings GP, LLC

27 Dec 21

SC 13G

Saba Capital Management, L.P.

17 Dec 21

Lars Hinrichs

8 Dec 21

Sigal Regev Rosenberg

8 Dec 21

Heiko Dimmerling

8 Dec 21

Financial summary

Financial statements Chart TGAA financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	308.37 k	308.37 k	308.37 k	308.37 k		308.37 k
Cash burn (monthly)	36.15 k	(no burn)	93.75 k	103.10 k		13.80 k
Cash used (since last report)	147.28 k	n/a	381.94 k	420.02 k		56.22 k
Cash remaining	161.09 k	n/a	-73.57 k	-111.65 k		252.15 k
Runway (months of cash)	4.5	n/a	-0.8	-1.1		18.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

TGAA institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	60	5	+1100.0%
Opened positions	57	1	+5600.0%
Closed positions	2	1	+100.0%
Increased positions	1	0	NEW
Reduced positions	0	1	EXIT

13F shares	Current	Prev Q	Change
Total value	232.91 mm	51.68 mm	+350.7%
Total shares	28.88 mm	6.55 mm	+340.9%
Total puts	0.00	0.00
Total calls	377.43 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Target Global Sponsor	5.07 mm	$49.91 mm	0.0%
Highbridge Capital Management	2.01 mm	$20.15 mm	NEW
Saba Capital Management	1.89 mm	$14.30 mm	NEW
Polar Asset Management Partners	1.78 mm	$9.81 mm	NEW
Shaolin Capital Management	1.37 mm	$9.42 mm	NEW
Apollo Management Holdings GP	1.30 mm	$0.00	0.0%
Aristeia Capital	1.28 mm	$11.28 mm	NEW
Magnetar Financial	1.18 mm	$10.02 mm	NEW
D. E. Shaw & Co.	1.13 mm	$9.32 mm	NEW
CNH Partners	1.05 mm	$8.79 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Highbridge Capital Management	2.01 mm	+2.01 mm	NEW
Saba Capital Management	1.89 mm	+1.89 mm	NEW
Polar Asset Management Partners	1.78 mm	+1.78 mm	NEW
Shaolin Capital Management	1.37 mm	+1.37 mm	NEW
Aristeia Capital	1.28 mm	+1.28 mm	NEW
Magnetar Financial	1.18 mm	+1.18 mm	NEW
D. E. Shaw & Co.	1.13 mm	+1.13 mm	NEW
CNH Partners	1.05 mm	+1.05 mm	NEW
Millennium Management	1.03 mm	+1.03 mm	NEW
Cubist Systematic Strategies	1.03 mm	+1.03 mm	NEW

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.