LAMF Global Ventures Corp. I is a special purpose acquisition company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. LAMF is sponsored by affiliated parties of LAMF LLC (d/b/a Los Angeles Media Fund), a multifaceted media and entertainment company whose primary business is financing and producing feature films, television series, documentary projects and live events, the management of professional athletes, and investing in complementary technology businesses to the foregoing. LAMF is led by Jeffrey Soros, its Chairman, and Simon Horsman, its Chief Executive Officer, the co-founders of LAMF LLC. The members of LAMF’s sponsor also include affiliates of 10X LLC (“10X Capital”), an investment firm connecting Wall Street with Silicon Valley. 10X Capital invests across the capital structure, with a focus on companies using technology to disrupt major industries, including finance, healthcare, natural resources, transportation, infrastructure, agriculture and real estate. LAMF’s securities are traded on Nasdaq under the ticker symbols LGVC, LGVCU and LGVCW.
Company profile
Ticker
LGVC, LGVCU, LGVCW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
981616579
LGVC stock data
Latest filings (excl ownership)
425
Business combination disclosure
27 Mar 24
425
Business combination disclosure
26 Mar 24
8-K
LAMF Global Ventures Corp. I Announces Intent to Adjourn
26 Mar 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
21 Mar 24
425
Business combination disclosure
18 Mar 24
DEFM14A
Proxy related to merger
4 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
LAMF Global Ventures Corp. I Announces Fourth and Fifth Extension of Deadline to Complete Initial Business Combination
12 Feb 24
8-K
Entry into a Material Definitive Agreement
2 Feb 24
8-K
LAMF Global Ventures Corp. I Announces Third Extension of Deadline to Complete Initial Business Combination
8 Jan 24
Latest ownership filings
SC 13G
CALAMOS INVESTMENT TRUST/IL
14 Feb 24
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
2 Feb 24
SC 13D/A
LAMF SPAC Holdings I LLC
12 May 23
4
Christina Spade
11 May 23
4
Adriana Machado
11 May 23
4
Michael Burton Brown
11 May 23
4
Change in insider ownership
11 May 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
2 Feb 23
Financial summary
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) | 95.62 k | 95.62 k | 95.62 k | 95.62 k | 95.62 k | |
Cash burn (monthly) | (no burn) | 33.96 k | 1.63 mm | 704.13 k | 12.44 k | |
Cash used (since last report) | n/a | 202.37 k | 9.73 mm | 4.20 mm | 74.14 k | |
Cash remaining | n/a | -106.75 k | -9.64 mm | -4.10 mm | 21.48 k | |
Runway (months of cash) | n/a | -3.1 | -5.9 | -5.8 | 1.7 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 45 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 4 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 814.13 mm |
Total shares | 19.52 mm |
Total puts | 0.00 |
Total calls | 432.56 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
LAMF SPAC Holdings I | 9.47 mm | $99.14 mm |
Periscope Capital | 1.18 mm | $95.13 mm |
Saba Capital Management | 792.29 k | $62.08 mm |
Calamos Advisors | 750.00 k | $58.76 mm |
Cubist Systematic Strategies | 533.77 k | $49.48 mm |
Shaolin Capital Management | 525.00 k | $49.00 k |
Polar Asset Management Partners | 495.47 k | $45.93 mm |
Kepos Capital | 456.41 k | $36.00 k |
Aristeia Capital | 375.00 k | $29.38 mm |
NMR Nomura | 350.00 k | $30.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 May 23 | Michael Burton Brown | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 20,000 | 0.00 | 20,000 |
11 May 23 | Michael Burton Brown | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 20,000 | 0.00 | 0 |
11 May 23 | Adriana Machado | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 20,000 | 0.00 | 20,000 |
11 May 23 | Adriana Machado | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 20,000 | 0.00 | 0 |
11 May 23 | Christina Spade | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 20,000 | 0.00 | 20,000 |
11 May 23 | Christina Spade | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 20,000 | 0.00 | 0 |
11 May 23 | LAMF SPAC Holdings I | Class A Ordinary Shares | Conversion | Acquire C | No | No | 0 | 8,363,333 | 0.00 | 9,479,333 |
11 May 23 | LAMF SPAC Holdings I | Class B Ordinary Shares Class A Ordinary Shares | Conversion | Dispose C | No | No | 0 | 8,363,333 | 0.00 | 0 |
Press releases
LAMF Global Ventures Corp. I Announces Intent to Adjourn Extraordinary General Meeting of Shareholders Until April 1, 2024
26 Mar 24
LAMF Global Ventures Corp. I Announces Fourth and Fifth Extension of Deadline to Complete Initial Business Combination
12 Feb 24
LAMF Global Ventures Corp. I Announces Third Extension of Deadline to Complete Initial Business Combination
8 Jan 24