tkb critical technologies 1 is a $230m special purpose acquisition company (spac) dedicated to investing in critical technologies and the resources needed to manufacture those technologies for america and our allied nations. we have proven c-suite level operating and technology expertise in each of our targeted sectors, domestically and globally. equally important, the ceo/entrepreneur of the company that partners with us can be assured that we have been in the role, we understand the challenges of becoming public, and we have a proven history of unlocking shareholder value.
Company profile
Ticker
USCT, USCTU, USCTW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Roth CH Acquisition Co.
SEC CIK
Corporate docs
IRS number
981598442
USCT stock data
Latest filings (excl ownership)
8-K
Other Events
20 Sep 23
8-K
Amendments to Articles of Incorporation or Bylaws
13 Sep 23
DEF 14A
Definitive proxy
25 Aug 23
10-Q
2023 Q2
Quarterly report
18 Aug 23
8-K
Departure of Directors or Certain Officers
15 Aug 23
PRE 14A
Preliminary proxy
11 Aug 23
NT 10-Q
Notice of late quarterly filing
10 Aug 23
SC 14F1
Statement regarding change in majority of directors
2 Aug 23
8-K
Entry into a Material Definitive Agreement
3 Jul 23
DEFA14A
Additional proxy soliciting materials
26 Jun 23
Latest ownership filings
4
WILLIAM ZERELLA
30 Jun 23
4
Angela Blatteis
30 Jun 23
4
RYAN OHARA
30 Jun 23
4
Michael Herson
30 Jun 23
4
FRANK H LEVINSON
30 Jun 23
SC 13G/A
Saba Capital Management, L.P.
12 Apr 23
SC 13G
Shaolin Capital Management LLC
22 Feb 23
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G/A
Beryl Capital Management LLC
13 Feb 23
Financial summary
| 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) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cash burn (monthly) | 141.25 k | 10.35 k | 253.42 k | 434.76 k | (no burn) | (no burn) |
| Cash used (since last report) | 416.68 k | 30.54 k | 747.56 k | 1.28 mm | n/a | n/a |
| Cash remaining | -416.68 k | -30.54 k | -747.55 k | -1.28 mm | n/a | n/a |
| Runway (months of cash) | -2.9 | -2.9 | -2.9 | -2.9 | n/a | n/a |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 49 |
| Opened positions | 15 |
| Closed positions | 2 |
| Increased positions | 7 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 51.57 bn |
| Total shares | 13.49 mm |
| Total puts | 1.19 mm |
| Total calls | 204.97 k |
| Total put/call ratio | 5.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Apollo Management | 1.50 mm | $10.60 bn |
| Apollo Management Holdings GP | 1.00 mm | $0.00 |
| Davidson Kempner Capital Management | 1.00 mm | $7.42 bn |
| Integrated Core Strategies | 992.54 k | $10.29 mm |
| Atalaya Capital Management | 950.00 k | $28.50 mm |
| Polar Asset Management Partners | 794.99 k | $22.34 mm |
| Saba Capital Management | 751.49 k | $21.12 mm |
| Westchester Capital Management | 686.26 k | $7.27 bn |
| Kim | 562.50 k | $5.84 bn |
| Castle Creek Arbitrage | 449.07 k | $12.62 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Jun 23 | Frank H Levinson | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 6,250 | 0.00 | 6,250 |
| 28 Jun 23 | Frank H Levinson | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 6,250 | 0.00 | 0 |
| 28 Jun 23 | Frank H Levinson | Class B Ordinary Shares Class A Ordinary Shares | Other | Dispose J | No | No | 0 | 18,750 | 0.00 | 6,250 |
| 28 Jun 23 | TKB Sponsor I | Class A Ordinary Shares | Other | Dispose J | No | No | 0 | 4,212,500 | 0.00 | 1,437,500 |
| 28 Jun 23 | Ryan Ohara | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 6,250 | 0.00 | 6,250 |
| 28 Jun 23 | Ryan Ohara | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 6,250 | 0.00 | 0 |
| 28 Jun 23 | Ryan Ohara | Class B Ordinary Shares Class A Ordinary Shares | Other | Dispose J | No | No | 0 | 18,750 | 0.00 | 6,250 |
| 28 Jun 23 | Michael Herson | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 6,250 | 0.00 | 6,250 |
| 28 Jun 23 | Michael Herson | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 6,250 | 0.00 | 0 |
| 28 Jun 23 | Michael Herson | Class B Ordinary Shares Class A Ordinary Shares | Other | Dispose J | No | No | 0 | 18,750 | 0.00 | 6,250 |