McLaren Technology Acquisition Corp. (the “Company”) is a newly organized blank check company incorporated as a Delaware corporation on February 24, 2021. The Company was incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any Business Combination target with respect to the Business Combination.
Company profile
Ticker
MLAIW, MLAIU, MLAIW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
862419708
MLAIW stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
13 Mar 23
25-NSE
Exchange delisting
3 Mar 23
8-K
McLaren Technology Acquisition Corp. Announces Liquidation
2 Mar 23
8-K
Announces Extension of Deadline to Complete Business Combination
2 Feb 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
8-K
Departure of Directors or Certain Officers
3 May 22
10-K
2021 FY
Annual report
15 Apr 22
NT 10-K
Notice of late annual filing
31 Mar 22
Latest ownership filings
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
31 Jan 23
3
Sheila Bangalore
11 May 22
SC 13G
McLaren Technology Acquisition Sponsor LLC
14 Feb 22
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
3 Feb 22
SC 13G
Saba Capital Management, L.P.
12 Nov 21
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
12 Nov 21
4
John Vilina
9 Nov 21
4
Sunir Kapoor
9 Nov 21
Financial summary
| 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) | 553.70 k | 553.70 k | 553.70 k | 553.70 k | 553.70 k | |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 18.89 k | 22.16 k | |
| Cash used (since last report) | n/a | n/a | n/a | 478.58 k | 561.57 k | |
| Cash remaining | n/a | n/a | n/a | 75.11 k | -7.88 k | |
| Runway (months of cash) | n/a | n/a | n/a | 4.0 | -0.4 | |
Institutional ownership, Q2 2024
0.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 5.03 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| McLaren Technology Acquisition Sponsor | 5.03 mm | $0.00 |
| Proequities | 0.00 | $0.00 |