Pearl Holdings Acquisition Corp (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on March 23, 2021. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). While the Company may pursue an initial Business Combination target in any industry or geographic location, the Company intends to focus its search for a target business operating in the lifestyle, health and wellness and technology sectors.
Company profile
Ticker
PRLH, PRLHU
Exchange
Employees
Location
Industry (SIC)
SEC CIK
PRLH stock data
Latest filings (excl ownership)
10-K/A
2023 FY
Annual report (amended)
10 Jun 24
10-K/A
2023 FY
Annual report (amended)
24 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
22 May 24
10-Q
2024 Q1
Quarterly report
20 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
17 May 24
NT 10-Q
Notice of late quarterly filing
15 May 24
10-K
2023 FY
Annual report
16 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Feb 24
DEFA14A
Additional proxy soliciting materials
14 Dec 23
Latest ownership filings
SC 13G/A
MANGROVE PARTNERS IM, LLC
9 May 24
4
Change in insider ownership
6 May 24
SC 13G
Sandia Investment Management LP
14 Feb 24
SC 13G
CALAMOS INVESTMENT TRUST/IL
14 Feb 24
SC 13G/A
ARISTEIA CAPITAL, L.L.C.
12 Feb 24
SC 13G/A
Taconic Capital Advisors LP
12 Feb 24
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
7 Feb 24
3
Initial statement of insider ownership
22 Jan 24
SC 13G
SZOP MULTISTRAT LP
22 Jan 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | 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) | 24.33 mm | 24.33 mm | 24.33 mm | 24.33 mm | 24.33 mm | 24.33 mm |
Cash burn (monthly) | (no burn) | (no burn) | 78.11 k | 105.44 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 301.99 k | 407.61 k | n/a | n/a |
Cash remaining | n/a | n/a | 24.02 mm | 23.92 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 307.6 | 226.9 | n/a | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 3 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 35.19 mm |
Total shares | 7.21 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Pearl Holdings Sponsor | 5.00 mm | $0.00 |
Integrated Core Strategies | 1.26 mm | $0.00 |
Calamos Advisors | 500.00 k | $25.78 mm |
Szop Multistrat | 297.90 k | $3.19 mm |
Cowen And | 153.78 k | $6.23 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Dec 23 | Mangrove Partners | Class A Ordinary Shares | Sell | Dispose S | Yes | No | 10.7 | 842 | 9.01 k | 249,158 |