Emerging Markets Horizon Corp. (the “Company”) is a newly incorporated blank check company incorporated as a Cayman Islands exempted company on May 6, 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 (a “business combination”). On May 11, 2021, EM Horizon Investments (the “Prior Sponsor”) purchased 7,187,500 Class B ordinary shares of the Company in a private placement. On December 8, 2021, the Prior Sponsor transferred 12,500 Class B ordinary shares to each of the Company’s independent directors and, on June 8, 2022, it transferred its remaining 7,150,000 Class B ordinary shares to our current sponsor, New Emerging Markets Horizon (the “Sponsor”).
Company profile
Ticker
HORI, HORIW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
HORI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
27 Mar 23
25-NSE
Exchange delisting
10 Mar 23
8-K
Emerging Markets Horizon Corp. Announces Liquidation
7 Mar 23
UPLOAD
Letter from SEC
3 Jan 23
CORRESP
Correspondence with SEC
29 Dec 22
UPLOAD
Letter from SEC
16 Dec 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
21 Oct 22
10-Q
2022 Q1
Quarterly report
7 Oct 22
10-K
2021 FY
Annual report
12 Sep 22
Latest ownership filings
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
4
Aisa Enrique Fernandez
31 Mar 23
4
Emerging Markets Horizon New
31 Mar 23
4
Christopher Simon Crawshay Blundell Edwards
31 Mar 23
4
Konrad Kozik
31 Mar 23
4
Herbert Stepic
31 Mar 23
4
Jonathan Francis Kenrick Neill
31 Mar 23
SC 13D/A
New Emerging Markets Horizon
31 Mar 23
SC 13G/A
ADAGE CAPITAL PARTNERS GP, L.L.C.
9 Feb 23
SC 13G/A
RCB BANK LTD
7 Nov 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | |
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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) | 38.51 k | 38.51 k | 38.51 k | 38.51 k | 38.51 k | |
Cash burn (monthly) | 2.28 k | 28.02 k | (no burn) | (no burn) | 10.70 k | |
Cash used (since last report) | 43.03 k | 529.55 k | n/a | n/a | 202.21 k | |
Cash remaining | -4.52 k | -491.04 k | n/a | n/a | -163.71 k | |
Runway (months of cash) | -2.0 | -17.5 | n/a | n/a | -15.3 |
Institutional ownership, Q1 2023
37.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 51 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 10.65 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Horizon Investments EM | 7.15 mm | $0.00 |
PIK Invest | 2.00 mm | $0.00 |
LF Group DMCC | 1.50 mm | $0.00 |
New Emerging Markets Horizon | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Mar 23 | Herbert Stepic | Class B ordinary shares Class A ordinary shares | Other | Dispose J | No | No | 0 | 25,000 | 0.00 | 0 |
27 Mar 23 | Konrad Kozik | Class B ordinary shares Class A ordinary shares | Other | Dispose J | No | No | 0 | 25,000 | 0.00 | 0 |
27 Mar 23 | New Emerging Markets Horizon | Class B ordinary shares Class A ordinary shares | Other | Dispose J | No | No | 0 | 7,112,500 | 0.00 | 0 |