Heartland Media Acquisition Corp. (the “Company”) is a blank check company incorporated as a Delaware corporation on February 10, 2021. The Company was 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 or entities (the “Business Combination”). The Company has not selected any specific target business and the Company has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding a Business Combination with the Company.
Company profile
Ticker
HMA
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
862016556
HMA stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
14 Aug 23
25-NSE
Exchange delisting
3 Aug 23
UPLOAD
Letter from SEC
25 Jul 23
8-K
Heartland Media Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution
24 Jul 23
CORRESP
Correspondence with SEC
19 Jul 23
UPLOAD
Letter from SEC
13 Jul 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
19 Apr 23
10-K
2022 FY
Annual report
17 Apr 23
NT 10-K
Notice of late annual filing
31 Mar 23
Latest ownership filings
4
ROBERT S PRATHER JR
3 Aug 23
4
Change in insider ownership
3 Aug 23
SC 13G/A
Heartland Sponsor LLC
3 Aug 23
SC 13G
Linden Capital L.P.
11 May 23
SC 13G/A
Sculptor Capital LP
14 Feb 23
SC 13G
AQR CAPITAL MANAGEMENT LLC
14 Feb 23
SC 13G
Shaolin Capital Management LLC
14 Feb 23
SC 13G/A
Apollo Management Holdings GP, LLC
14 Feb 23
SC 13G
CALAMOS INVESTMENT TRUST/IL
9 Feb 23
SC 13G
Heartland Sponsor LLC
7 Feb 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | 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) | 68.48 k | 68.48 k | 68.48 k | 68.48 k | 68.48 k | 68.48 k |
| Cash burn (monthly) | 55.23 k | 60.47 k | 189.33 k | (no burn) | 122.21 k | 30.55 k |
| Cash used (since last report) | 457.49 k | 500.89 k | 1.57 mm | n/a | 1.01 mm | 253.07 k |
| Cash remaining | -389.01 k | -432.42 k | -1.50 mm | n/a | -943.81 k | -184.59 k |
| Runway (months of cash) | -7.0 | -7.2 | -7.9 | n/a | -7.7 | -6.0 |
Institutional ownership, Q3 2023
14.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 0 |
| Closed positions | 77 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 10.46 mm |
| Total shares | 2.70 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Apollo Management Holdings GP | 1.70 mm | $0.00 |
| Linden Capital | 1.00 mm | $10.46 mm |
| Heartland Sponsor | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Aug 23 | Heartland Sponsor | Class B common stock, $0.0001 par value per share Class A common stock, $0.0001 par value per share | Other | Dispose J | No | No | 0 | 4,811,732 | 0.00 | 0 |
| 2 Aug 23 | Prather Robert S JR | Class B common stock, $0.0001 par value per share Class A common stock, $0.0001 par value per share | Other | Dispose J | Yes | No | 0 | 4,811,732 | 0.00 | 0 |