Bullpen Parlay Acquisition (BPAC)

Company Profile

Bullpen Parlay Acquisition Company (the “Company”) is a blank check company incorporated in Cayman Islands on April 1, 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 (the “Business Combination”). The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.

Company profile

Ticker

BPAC

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Pershing Square Tontine • Foley Trasimene Acquisition II • KKR Acquisition Holdings I • Austerlitz Acquisition Corp II • FTAC Hera Acquisition • Cohn Robbins • Polestar Automotive Holding UK • E.Merge Technology Acquisition • Slam • MSD Acquisition ...

SEC CIK

0001856724

Corporate docs

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

BPAC stock data

1M 1Y 5Y

Latest filings (excl ownership)

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15-12G

Securities registration termination

Bullpen Parlay Acquisition Company Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination

18 May 23

Notice of late quarterly filing

30 Mar 23

3 Nov 22

5 Aug 22

Latest ownership filings

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SC 13G/A

Saba Capital Management, L.P.

HIGHBRIDGE CAPITAL MANAGEMENT LLC

ADAGE CAPITAL PARTNERS GP, L.L.C.

17 Dec 21

SC 13G

Saba Capital Management, L.P.

Financial summary

Financial statements Chart BPAC financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 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)	333.58 k	333.58 k	333.58 k	333.58 k	333.58 k	333.58 k
Cash burn (monthly)	81.86 k	54.94 k	120.63 k	116.88 k	81.86 k	52.69 k
Cash used (since last report)	682.08 k	457.76 k	1.01 mm	973.81 k	682.08 k	439.05 k
Cash remaining	-348.49 k	-124.18 k	-671.49 k	-640.23 k	-348.49 k	-105.47 k
Runway (months of cash)	-4.3	-2.3	-5.6	-5.5	-4.3	-2.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

BPAC institutional ownership history Ownership history

24.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	54	-98.1%
Opened positions	0	22	EXIT
Closed positions	53	22	+140.9%
Increased positions	0	23	EXIT
Reduced positions	0	7	EXIT

13F shares	Current	Prev Q	Change
Total value	0.00	190.08 bn	EXIT
Total shares	5.55 mm	26.19 mm	-78.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BPAC Partners	5.55 mm	$0.00	0.0%

Largest transactions	Bought/sold	Change
Vivaldi Asset Management	-2.26 mm	EXIT
Aristeia Capital	-1.89 mm	EXIT
Adage Capital Partners GP, L.L.C.	-1.80 mm	EXIT
Glazer Capital	-1.63 mm	EXIT
Saba Capital Management	-1.52 mm	EXIT
Westchester Capital Management	-1.29 mm	EXIT
Starboard Value	-617.22 k	EXIT
Shaolin Capital Management	-600.00 k	EXIT
HBCYF HSBC	-593.32 k	EXIT
CNH Partners	-501.99 k	EXIT

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.