Calidi Biotherapeutics (CLDI)

Company Profile

First Light Acquisition Group is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company is sponsored by a group of former industry and federal leaders with extensive experience operating public companies and organizations in highly regulated industries, and is led by Thomas Vecchiolla, Chief Executive Officer of FLAG.

Company profile

Ticker

CLDI, FLAG, CLDI-WT

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Biological Products, (No Diagnostic Substances)

AMGEN • Gilead Sciences • Biogen • Qiagen • Moderna • BioNTech SE • Sana Biotechnology • Ginkgo Bioworks • Exelixis • Acorda Therapeutics ...

SEC CIK

0001855485

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

862967193

CLDI stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Entry into a Material Definitive Agreement

Entry into a Material Definitive Agreement

31 Aug 23

8-K

Entry into a Material Definitive Agreement

29 Aug 23

425

Business combination disclosure

Business combination disclosure

Latest ownership filings

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Jackson Investment Group, LLC

28 Jun 23

SC 13G/A

683 Capital Management, LLC

14 Feb 23

SC 13G

First Trust Capital Management L.P.

14 Feb 23

SC 13G/A

Beryl Capital Management LLC

13 Feb 23

SC 13G/A

First Light Acquisition Group, LLC

10 Feb 23

Financial summary

Financial statements Chart CLDI financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 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)	669.87 k	669.87 k	669.87 k	669.87 k	669.87 k	669.87 k
Cash burn (monthly)	(no burn)	(no burn)	1.40 mm	844.05 k	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	3.93 mm	2.38 mm	n/a	n/a
Cash remaining	n/a	n/a	-3.26 mm	-1.71 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	-2.3	-2.0	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

CLDI institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	44	46	-4.3%
Opened positions	5	19	-73.7%
Closed positions	7	6	+16.7%
Increased positions	5	6	-16.7%
Reduced positions	5	5	–

13F shares	Current	Prev Q	Change
Total value	36.78 bn	30.65 bn	+20.0%
Total shares	12.83 mm	13.65 mm	-6.0%
Total puts	0.00	0.00
Total calls	187.09 k	147.19 k	+27.1%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Polar Asset Management Partners	2.58 mm	$4.59 bn	0.0%
First Light Acquisition	2.58 mm	$0.00	0.0%
683 Capital Management	900.00 k	$3.23 bn	0.0%
Finepoint Capital	655.20 k	$85.18 mm	0.0%
Hudson Bay Capital Management	500.00 k	$5.25 bn	0.0%
Aristeia Capital	494.40 k	$58.96 mm	0.0%
NMR Nomura	467.82 k	$60.82 mm	0.0%
Periscope Capital	409.80 k	$49.43 mm	0.0%
Woodline Partners	400.00 k	$4.20 bn	0.0%
Kim	356.10 k	$3.74 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Shaolin Capital Management	0.00	-800.00 k	EXIT
Glazer Capital	0.00	-374.90 k	EXIT
Clear Street	214.32 k	+213.23 k	+19562.2%
BMO Bank of Montreal	203.50 k	+203.50 k	NEW
Quarry	159.80 k	+159.80 k	NEW
Sona Asset Management	0.00	-90.90 k	EXIT
Parallax Volatility Advisers	353.23 k	-72.15 k	-17.0%
CNH Partners	89.77 k	-65.18 k	-42.1%
Boothbay Fund Management	43.99 k	+43.99 k	NEW
Atw Spac Management	42.01 k	+42.01 k	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.

Recent insider trades

CLDI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Sep 23	Hudson Bay Capital Management	Class A Common Stock, par value $0.0001 per share	Other	Dispose J	Yes	No	10.49	500,000	5.25 mm	0
12 Sep 23	Thomas A. Vecchiolla	Common Stock, par value $0.0001 per share	Conversion	Acquire C	No	No	0	6,000	0.00	6,000
12 Sep 23	Thomas A. Vecchiolla	Warrants Common Stock, par value $0.0001 per share	Other	Acquire J	No	No	11.5	66,667	766.67 k	66,667
12 Sep 23	Thomas A. Vecchiolla	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Conversion	Dispose C	No	No	0	6,000	0.00	0
12 Sep 23	Thomas A. Vecchiolla	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Other	Acquire J	No	No	0	6,000	0.00	6,000
12 Sep 23	First Light Acquisition	Common Stock, par value $0.0001 per share	Conversion	Acquire C	Yes	No	0	1,931,852	0.00	1,931,852
12 Sep 23	First Light Acquisition	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Conversion	Dispose C	Yes	No	0	1,931,852	0.00	0
12 Sep 23	First Light Acquisition	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Other	Dispose J	Yes	No	0	166,201	0.00	1,931,852
12 Sep 23	First Light Acquisition	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Sell	Dispose S	Yes	No	0	186,372	0.00	2,098,053
12 Sep 23	First Light Acquisition	Class B Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share	Sell	Dispose S	Yes	No	0	99,388	0.00	2,284,425