Embrace Change Acquisition (EMCG)

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)	13.05 k	13.05 k	13.05 k	13.05 k	13.05 k	13.05 k
Cash burn (monthly)	(no burn)	(no burn)	116.95 k	66.97 k	55.49 k	46.36 k
Cash used (since last report)	n/a	n/a	622.16 k	356.30 k	295.23 k	246.64 k
Cash remaining	n/a	n/a	-609.11 k	-343.25 k	-282.17 k	-233.59 k
Runway (months of cash)	n/a	n/a	-5.2	-5.1	-5.1	-5.0

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

EMCG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	30	30	–
Opened positions	8	6	+33.3%
Closed positions	8	6	+33.3%
Increased positions	1	6	-83.3%
Reduced positions	16	2	+700.0%

13F shares	Current	Prev Q	Change
Total value	11.40 bn	27.55 bn	-58.6%
Total shares	8.43 mm	13.00 mm	-35.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Wuren Fubao	2.22 mm	$0.00	0.0%
Mangrove Partners	625.00 k	$7.30 bn	-72.2%
Clear Street	451.98 k	$6.00 k	-41.5%
MFG Mizuho Financial	405.83 k	$49.00 k	-21.8%
Space Summit Capital	400.00 k	$0.00	0.0%
Harraden Circle Investments	398.37 k	$5.34 mm	NEW
Boothbay Fund Management	346.88 k	$4.05 bn	-50.0%
Atw Spac Management	346.88 k	$4.65 mm	-50.0%
Polar Asset Management Partners	325.00 k	$4.22 mm	NEW
Wolverine Asset Management	304.00 k	$4.07 mm	-64.7%

Largest transactions	Shares	Bought/sold	Change
Mangrove Partners	625.00 k	-1.63 mm	-72.2%
Wolverine Asset Management	304.00 k	-557.87 k	-64.7%
Mizuho Securities Usa	0.00	-430.85 k	EXIT
Harraden Circle Investments	398.37 k	+398.37 k	NEW
Cowen And	0.00	-389.81 k	EXIT
Yakira Capital Management	235.00 k	-370.00 k	-61.2%
Boothbay Fund Management	346.88 k	-346.88 k	-50.0%
Atw Spac Management	346.88 k	-346.88 k	-50.0%
Polar Asset Management Partners	325.00 k	+325.00 k	NEW
Clear Street	451.98 k	-320.80 k	-41.5%

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.

News

From Benzinga Pro

Embrace Change and Tianji Tire Announce Merger to Take Chinese Tire Giant Public on Nasdaq

27 Jan 25

Embrace Change Acquisition Corp. ("Embrace Change") (NASDAQ:EMCG, EMCGU, EMCGR))), a publicly traded special purpose acquisition company, and Tianji Tire Global (Cayman) Limited ("Tianji," or the "Company"), a leading

Press releases

From Benzinga Pro

Embrace Change Acquisition Corp. Announces Entering into a Definitive Merger Agreement with Tianji

27 Jan 25

SAN DIEGO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Embrace Change Acquisition Corp. ("Embrace Change") (NASDAQ:EMCG, EMCGU, EMCGR)), a publicly traded special purpose acquisition company, and Tianji Tire Global (Cayman)