Aquaron Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Our efforts to identify a target business will not be limited to a particular industry or geographic region, although we intend to focus on operating businesses in the new energy sector. We affirmatively exclude as an initial business combination target any company of which financial statements are audited by an accounting firm that the United States Public Company Accounting Oversight Board (“PCAOB”) is unable to inspect for two consecutive years beginning in 2021 and any target company with China operations consolidated through a VIE structure.
Company profile
Ticker
AQU, AQUNU
Exchange
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
AQU stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
14 Aug 23
425
Business combination disclosure
3 Jul 23
8-K
Entry into a Material Definitive Agreement
3 Jul 23
DEF 14A
Definitive proxy
8 Jun 23
PRER14A
Preliminary revised proxy
7 Jun 23
CORRESP
Correspondence with SEC
7 Jun 23
UPLOAD
Letter from SEC
7 Jun 23
UPLOAD
Letter from SEC
5 Jun 23
PRE 14A
Preliminary proxy
30 May 23
10-Q
2023 Q1
Quarterly report
15 May 23
Latest ownership filings
SC 13G
Aquaron Investments LLC
14 Feb 23
SC 13G
HGC Investment Management Inc.
14 Feb 23
SC 13G
ATW SPAC MANAGEMENT LLC
14 Feb 23
SC 13G
Polar Asset Management Partners Inc.
9 Feb 23
SC 13G/A
Space Summit Capital LLC
8 Feb 23
SC 13G
Hudson Bay Capital Management LP
6 Feb 23
SC 13G/A
BOOTHBAY FUND MANAGEMENT, LLC
31 Jan 23
SC 13G
Space Summit Capital LLC
14 Oct 22
SC 13G
BOOTHBAY FUND MANAGEMENT, LLC
11 Oct 22
4
Change in insider ownership
6 Oct 22
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 | |
|---|---|---|
| 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) | 65.63 k | 65.63 k | 65.63 k | 65.63 k | 65.63 k | 65.63 k |
| Cash burn (monthly) | (no burn) | (no burn) | 90.86 k | 52.13 k | 49.58 k | 35.16 k |
| Cash used (since last report) | n/a | n/a | 262.32 k | 150.51 k | 143.16 k | 101.50 k |
| Cash remaining | n/a | n/a | -196.69 k | -84.87 k | -77.52 k | -35.87 k |
| Runway (months of cash) | n/a | n/a | -2.2 | -1.6 | -1.6 | -1.0 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 29 |
| Opened positions | 12 |
| Closed positions | 3 |
| Increased positions | 9 |
| Reduced positions | 3 |
| 13F shares | Current |
|---|---|
| Total value | 50.30 bn |
| Total shares | 10.60 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Aquaron Investments | 1.58 mm | $0.00 |
| Boothbay Fund Management | 1.10 mm | $5.83 bn |
| Atw Spac Management | 1.10 mm | $5.83 bn |
| Polar Asset Management Partners | 800.00 k | $3.50 bn |
| Rivernorth Capital Management | 800.00 k | $4.22 bn |
| Periscope Capital | 742.19 k | $4.27 bn |
| Wolverine Asset Management | 498.46 k | $2.66 bn |
| Hudson Bay Capital Management | 450.00 k | $4.68 bn |
| Walleye Capital | 364.26 k | $2.15 bn |
| Mizuho Securities Usa | 350.00 k | $3.63 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Oct 22 | Aquaron Investments | Common Stock | Buy | Acquire P | Yes | No | 0 | 256,250 | 0.00 | 1,648,750 |
| 6 Oct 22 | Aquaron Investments | Rights to purchase Common Stock Common Stock | Buy | Acquire P | Yes | No | 0 | 256,250 | 0.00 | 251,250 |