Battery Future Acquisition (BFQUF)

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)	12.22 k	12.22 k	12.22 k	12.22 k	12.22 k	12.22 k
Cash burn (monthly)	999.33	9.29 k	51.80 k	99.73 k	23.97 k	59.98 k
Cash used (since last report)	5.09 k	47.33 k	263.82 k	507.93 k	122.08 k	305.51 k
Cash remaining	7.13 k	-35.11 k	-251.60 k	-495.72 k	-109.87 k	-293.29 k
Runway (months of cash)	7.1	-3.8	-4.9	-5.0	-4.6	-4.9

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

BFQUF institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	30	25	+20.0%
Opened positions	13	5	+160.0%
Closed positions	8	38	-78.9%
Increased positions	7	2	+250.0%
Reduced positions	2	14	-85.7%

13F shares	Current	Prev Q	Change
Total value	19.96 bn	40.31 bn	-50.5%
Total shares	21.55 mm	17.45 mm	+23.5%
Total puts	0.00	0.00
Total calls	325.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Camel Bay	7.20 mm	$79.27 mm	0.0%
Battery Future Sponsor	5.57 mm	$0.00	0.0%
Shaolin Capital Management	1.16 mm	$1.96 bn	+218.8%
Saba Capital Management	850.00 k	$14.88 mm	NEW
Periscope Capital	831.10 k	$14.54 mm	NEW
Cowen And	779.61 k	$2.72 bn	+1067.3%
Adage Capital Partners GP, L.L.C.	750.00 k	$750.00 k	NEW
Calamos Advisors	750.00 k	$13.13 mm	NEW
Altshuler Shaham	505.00 k	$10.10 mm	NEW
Hudson Bay Capital Management	350.00 k	$3.87 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Saba Capital Management	850.00 k	+850.00 k	NEW
Periscope Capital	831.10 k	+831.10 k	NEW
Shaolin Capital Management	1.16 mm	+797.70 k	+218.8%
Adage Capital Partners GP, L.L.C.	750.00 k	+750.00 k	NEW
Calamos Advisors	750.00 k	+750.00 k	NEW
Cowen And	779.61 k	+712.82 k	+1067.3%
Altshuler Shaham	505.00 k	+505.00 k	NEW
Polar Asset Management Partners	0.00	-500.00 k	EXIT
Rivernorth Capital Management	0.00	-500.00 k	EXIT
Harraden Circle Investments	0.00	-450.00 k	EXIT

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

BFQUF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 May 24	Camel Bay	Class A ordinary shares	Conversion	Acquire C	No	No	0	2,000,000	0.00	2,000,000
16 May 24	Camel Bay	Class B ordinary shares Class A ordinary shares	Conversion	Dispose C	No	No	0	2,000,000	0.00	2,193,695

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

Press releases

From Benzinga Pro

SHAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate Merger - LBRDA, BFAC, LTRPA

20 Dec 24

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities