Relativity Acquisition Corp. (the “Company”) is a blank check company incorporated as a Delaware corporation on April 13, 2021, for the purpose of effecting a business combination, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company may pursue an initial Business Combination target in any business or industry.
Company profile
Ticker
RACY, RACYU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
863244927
RACY stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
7 Dec 23
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
27 Nov 23
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
425
Business combination disclosure
9 Nov 23
8-K
Relativity Acquisition Corp. Announces Funding and Extension of Deadline to Complete Business Combination
9 Nov 23
425
Business combination disclosure
15 Aug 23
425
Business combination disclosure
15 Aug 23
8-K
Relativity Acquisition Corp. Announces Confidential Submission of Registration Statement on Form S-4
15 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
Latest ownership filings
SC 13G
A.G.P. / ALLIANCE GLOBAL PARTNERS, LLC
31 Mar 23
SC 13D/A
Relativity Acquisition Sponsor LLC
6 Mar 23
4
Tarek Tabsh
1 Mar 23
SC 13G/A
MMCAP International Inc. SPC
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G/A
K2 PRINCIPAL FUND, L.P.
8 Feb 23
SC 13G/A
Space Summit Capital LLC
8 Feb 23
SC 13D
Relativity Acquisition Sponsor LLC
9 Jan 23
SC 13G
Saba Capital Management, L.P.
13 May 22
4
Tarek Tabsh
17 Feb 22
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| 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) | 25.94 k | 25.94 k | 25.94 k | 25.94 k | 25.94 k | 25.94 k |
| Cash burn (monthly) | 40.13 k | 75.93 k | 222.46 k | 79.46 k | 45.73 k | 114.58 k |
| Cash used (since last report) | 92.86 k | 175.70 k | 514.80 k | 183.88 k | 105.82 k | 265.16 k |
| Cash remaining | -66.92 k | -149.77 k | -488.86 k | -157.94 k | -79.88 k | -239.22 k |
| Runway (months of cash) | -1.7 | -2.0 | -2.2 | -2.0 | -1.7 | -2.1 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 35 |
| Opened positions | 4 |
| Closed positions | 4 |
| Increased positions | 1 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 8.51 bn |
| Total shares | 13.03 mm |
| Total puts | 0.00 |
| Total calls | 37.50 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Relativity Acquisition Sponsor | 3.15 mm | $0.00 |
| Mangrove Partners | 950.00 k | $0.00 |
| Saba Capital Management | 670.00 k | $31.56 mm |
| MMCAP International Inc. SPC | 670.00 k | $0.00 |
| Boothbay Fund Management | 670.00 k | $8.23 bn |
| Atw Spac Management | 670.00 k | $31.56 mm |
| Context Capital Management | 637.21 k | $6.00 k |
| Hudson Bay Capital Management | 621.80 k | $29.29 mm |
| EHP Funds | 545.50 k | $25.69 mm |
| Polar Asset Management Partners | 500.00 k | $23.55 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Feb 23 | Tarek Tabsh | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 2,500,380 | 0.00 | 3,154,130 |
| 27 Feb 23 | Tarek Tabsh | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 2,500,380 | 0.00 | 1 |