Direct Selling Acquisition Corp. (the “Company”) is a blank check company incorporated as a Delaware corporation on March 9, 2021, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar Business Combination with one or more businesses (the “Business Combination”). The Company may pursue an initial Business Combination target in any business or industry.
Company profile
Ticker
DSAQ, DSAQ.UN
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
863676785
DSAQ stock data
Latest filings (excl ownership)
425
Business combination disclosure
12 Apr 24
8-K
Direct Selling Acquisition Corp. Announces Notification to New York Stock Exchange of Intention to Voluntarily Delist Common Stock and Units
12 Apr 24
425
Business combination disclosure
5 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
425
Business combination disclosure
1 Apr 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
1 Apr 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
425
Business combination disclosure
27 Mar 24
8-K
Submission of Matters to a Vote of Security Holders
27 Mar 24
Latest ownership filings
SC 13G/A
WOLVERINE ASSET MANAGEMENT LLC
11 Apr 24
4
DAVE WENTZ
2 Apr 24
4
Change in insider ownership
2 Apr 24
SC 13G/A
Shaolin Capital Management LLC
14 Feb 24
SC 13G
MANGROVE PARTNERS IM, LLC
14 Feb 24
SC 13G
Alberta Investment Management Corp
12 Feb 24
SC 13G/A
Polar Asset Management Partners Inc.
12 Feb 24
SC 13G
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G
WOLVERINE ASSET MANAGEMENT LLC
8 Feb 24
SC 13G/A
Saba Capital Management, L.P.
7 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | 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) | 859.29 k | 859.29 k | 859.29 k | 859.29 k | 859.29 k | 859.29 k |
Cash burn (monthly) | 116.62 k | (no burn) | 128.89 k | (no burn) | (no burn) | 209.38 k |
Cash used (since last report) | 771.63 k | n/a | 852.85 k | n/a | n/a | 1.39 mm |
Cash remaining | 87.66 k | n/a | 6.44 k | n/a | n/a | -526.14 k |
Runway (months of cash) | 0.8 | n/a | 0.0 | n/a | n/a | -2.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 29 |
Opened positions | 2 |
Closed positions | 1 |
Increased positions | 6 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 54.45 bn |
Total shares | 12.19 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dsac Partners | 5.75 mm | $57.10 mm |
Sandia Investment Management | 978.71 k | $19.57 mm |
Fir Tree Capital Management | 488.18 k | $5.29 bn |
Antara Capital | 477.50 k | $5.17 bn |
Cowen And | 447.35 k | $4.84 bn |
Shaolin Capital Management | 446.96 k | $4.84 mm |
Alberta Investment Management | 375.00 k | $4.06 bn |
Wolverine Asset Management | 349.81 k | $3.79 bn |
Polar Asset Management Partners | 290.90 k | $3.24 bn |
Periscope Capital | 266.46 k | $2.97 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Mar 24 | Dave Wentz | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 5,749,000 | 0.00 | 5,749,000 |
29 Mar 24 | Dave Wentz | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 5,749,000 | 0.00 | 1,000 |
29 Mar 24 | Dsac Partners | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 5,749,000 | 0.00 | 5,749,000 |
29 Mar 24 | Dsac Partners | Class B Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 5,749,000 | 0.00 | 1,000 |