Infinite Acquisition (NFNT)

Company Profile

Infinite Acquisition Corp. (the “Company”) is a blank check company incorporated in Cayman Islands on March 29, 2021. The Company was formed 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”). 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

NFNT, NFNT-UN, NFNT-WT

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

0001862327

Corporate docs

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Latest filings (excl ownership)

View all

15-12G

Securities registration termination

13 Nov 23

Infinite Acquisition Corp. will redeem its Class A Ordinary Shares and will not consummate an initial business combination

24 Oct 23

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

25 Sep 23

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

23 Aug 23

DEFA14A

Additional proxy soliciting materials

8 Aug 23

Latest ownership filings

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Annastasia Skilakos Seebohm

2 Jun 23

Change in insider ownership

2 Jun 23

SC 13G/A

CANTOR FITZGERALD SECURITIES

Blackstone Holdings II L.P.

10 Feb 23

SC 13G

CANTOR FITZGERALD SECURITIES

5 Dec 22

SC 13G

Saba Capital Management, L.P.

Initial statement of insider ownership (amended)

16 Feb 22

Financial summary

Financial statements Chart NFNT financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 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)	2.45 k	2.45 k	2.45 k	2.45 k	2.45 k	2.45 k
Cash burn (monthly)	3.26 k	15.26 k	185.99 k	130.51 k	113.26 k	46.92 k
Cash used (since last report)	7.70 k	36.06 k	439.55 k	308.45 k	267.66 k	110.90 k
Cash remaining	-5.25 k	-33.61 k	-437.10 k	-306.00 k	-265.22 k	-108.45 k
Runway (months of cash)	-1.6	-2.2	-2.4	-2.3	-2.3	-2.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

NFNT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	78	47	+66.0%
Opened positions	34	2	+1600.0%
Closed positions	3	34	-91.2%
Increased positions	32	0	NEW
Reduced positions	0	36	EXIT

13F shares	Current	Prev Q	Change
Total value	259.45 bn	2.29 bn	+11210.0%
Total shares	55.20 mm	31.29 mm	+76.4%
Total puts	0.00	0.00
Total calls	939.94 k	590.00 k	+59.3%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Infinite Sponsor	20.34 mm	$0.00	0.0%
Vivaldi Asset Management	2.65 mm	$28.04 bn	NEW
Calamos Advisors	2.25 mm	$15.95 bn	+200.0%
Aristeia Capital	2.24 mm	$20.55 bn	+646.8%
Cantor Fitzgerald, L. P.	2.07 mm	$21.88 bn	NEW
Fitzgerald Securities Cantor	2.07 mm	$0.00	0.0%
Westchester Capital Management	1.59 mm	$16.17 bn	NEW
Saba Capital Management	1.48 mm	$10.32 bn	+190.6%
Adage Capital Partners GP, L.L.C.	1.43 mm	$10.63 bn	+186.7%
D. E. Shaw & Co.	1.37 mm	$10.07 bn	+226.5%

Largest transactions	Shares	Bought/sold	Change
Vivaldi Asset Management	2.65 mm	+2.65 mm	NEW
Cantor Fitzgerald, L. P.	2.07 mm	+2.07 mm	NEW
Aristeia Capital	2.24 mm	+1.94 mm	+646.8%
Westchester Capital Management	1.59 mm	+1.59 mm	NEW
Calamos Advisors	2.25 mm	+1.50 mm	+200.0%
Saba Capital Management	1.48 mm	+969.66 k	+190.6%
D. E. Shaw & Co.	1.37 mm	+947.63 k	+226.5%
Adage Capital Partners GP, L.L.C.	1.43 mm	+933.33 k	+186.7%
Kim	657.50 k	+657.50 k	NEW
Verition Fund Management	713.93 k	+609.29 k	+582.3%

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.

Recent insider trades

NFNT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jun 23	Infinite Sponsor	Class B ordinary shares Class A ordinary shares	Conversion	Acquire C	No	No	100	25,000	2.50 mm	6,925,000
2 Jun 23	Annastasia Skilakos Seebohm	Class B ordinary shares Class A ordinary shares	Buy	Dispose P	No	No	100	25,000	2.50 mm	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.