Mars Acquisition

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)	206.76 k	206.76 k	206.76 k	206.76 k	206.76 k	206.76 k
Cash burn (monthly)	28.26 k	2.60 k	107.59 k	55.75 k	23.95 k	(no burn)
Cash used (since last report)	198.45 k	18.25 k	755.50 k	391.47 k	168.17 k	n/a
Cash remaining	8.31 k	188.51 k	-548.74 k	-184.70 k	38.59 k	n/a
Runway (months of cash)	0.3	72.5	-5.1	-3.3	1.6	n/a

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

Mars Acquisition institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	32	5	+540.0%
Opened positions	27	2	+1250.0%
Closed positions	0	0
Increased positions	0	0
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	961.45 mm	2.78 bn	-65.5%
Total shares	5.44 mm	1.42 mm	+281.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Highbridge Capital Management	823.37 k	$197.36 mm	NEW
Mangrove Partners	622.97 k	$149.26 mm	NEW
Harraden Circle Investments	598.57 k	$6.09 mm	0.0%
Space Summit Capital	330.00 k	$3.36 mm	0.0%
Clear Street	282.65 k	$68.00 k	NEW
Cowen And	260.63 k	$62.45 mm	-37.3%
Polar Asset Management Partners	200.00 k	$44.00 mm	NEW
Rivernorth Capital Management	198.05 k	$37.63 mm	NEW
CNH Partners	175.00 k	$41.95 mm	NEW
MMCAP International Inc. SPC	175.00 k	$41.93 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Highbridge Capital Management	823.37 k	+823.37 k	NEW
Mangrove Partners	622.97 k	+622.97 k	NEW
Clear Street	282.65 k	+282.65 k	NEW
Polar Asset Management Partners	200.00 k	+200.00 k	NEW
Rivernorth Capital Management	198.05 k	+198.05 k	NEW
CNH Partners	175.00 k	+175.00 k	NEW
MMCAP International Inc. SPC	175.00 k	+175.00 k	NEW
Saba Capital Management	175.00 k	+175.00 k	NEW
Boothbay Fund Management	168.40 k	+168.40 k	NEW
Atw Spac Management	168.40 k	+168.40 k	NEW

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.

Press releases

From Benzinga Pro

ScanTech Identification Beam Systems, LLC Closes Business Combination with Mars Acquisition Corp. Shares of the New Public Company, ScanTech AI Systems Inc., Will Begin Trading on Nasdaq

2 Jan 25

Business Combination between ScanTech Identification Beam Systems, LLC and Mars Acquisition Corp. closed on January 2, 2025 Trading of common stock of the new public company, ScanTech AI Systems Inc., will commence

Mars Acquisition Corp. Announces Adjournment of Extraordinary General Meeting and Extension of Redemption Deadline

29 Nov 24

NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Mars Acquisition Corp. (the "Company" or "Mars") (NASDAQ:MARX), a special purpose acquisition company, today announced that the extraordinary general meeting of shareholders

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of CYTH, NAPA, MNTX and MARX

22 Nov 24

NEW YORK, Nov. 22, 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

$HAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of MARX, MKFG, BRKH and AE

21 Nov 24

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Mars Acquisition Corp. - MARX

20 Nov 24