we are a blank check firm, commonly referred to as a special purpose acquisition company with a primary focus on technology companies in the space of consumer tech, healthcare or technology services
Company profile
Ticker
IOAC, IOACW, IOACU
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Hertz • Hertz Global • Avis Budget • Ryder System • U-Haul Holding • SP Plus • Getaround • HC Liquidating • Marti • Earn-A-Car ...
SEC CIK
IOAC stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
1 Dec 23
425
Business combination disclosure
30 Nov 23
8-K
Other Events
30 Nov 23
425
Business combination disclosure
29 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
29 Nov 23
425
Business combination disclosure
27 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
27 Nov 23
DEF 14A
Definitive proxy
24 Nov 23
424B3
Prospectus supplement
17 Nov 23
10-Q
2024 Q2
Quarterly report
17 Nov 23
Latest ownership filings
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13D/A
Innovative International Sponsor I LLC
13 Feb 23
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
31 Jan 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 22
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
3 Feb 22
SC 13D
Innovative International Sponsor I LLC
5 Nov 21
SC 13G
Saba Capital Management, L.P.
5 Nov 21
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
5 Nov 21
4
MOHAN P ANANDA
1 Nov 21
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| 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) | 23.21 k | 23.21 k | 23.21 k | 23.21 k | 23.21 k | 23.21 k |
| Cash burn (monthly) | 4.36 k | 5.23 k | 396.83 k | 457.85 k | 129.36 k | 136.48 k |
| Cash used (since last report) | 10.31 k | 12.37 k | 938.94 k | 1.08 mm | 306.07 k | 322.92 k |
| Cash remaining | 12.90 k | 10.84 k | -915.73 k | -1.06 mm | -282.86 k | -299.71 k |
| Runway (months of cash) | 3.0 | 2.1 | -2.3 | -2.3 | -2.2 | -2.2 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 47 |
| Opened positions | 1 |
| Closed positions | 3 |
| Increased positions | 3 |
| Reduced positions | 5 |
| 13F shares | Current |
|---|---|
| Total value | 2.00 bn |
| Total shares | 16.13 mm |
| Total puts | 430.93 k |
| Total calls | 152.47 k |
| Total put/call ratio | 2.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Innovative International Sponsor I | 9.01 mm | $92.98 mm |
| Saba Capital Management | 1.12 mm | $69.93 mm |
| Taconic Capital Advisors | 432.70 k | $28.39 mm |
| Polar Asset Management Partners | 408.00 k | $25.50 mm |
| MMCAP International Inc. SPC | 400.00 k | $25.00 mm |
| HGC Investment Management | 400.00 k | $25.00 k |
| Linden Advisors | 375.00 k | $22.91 mm |
| Cantor Fitzgerald, L. P. | 325.00 k | $20.31 mm |
| Context Capital Management | 274.60 k | $17.00 k |
| Atalaya Capital Management | 250.00 k | $17.50 mm |