The Company is a blank check company formed 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 Company has not selected any specific business combination target. The Company is supported by an executive team led by Chief Executive Officer Clay Whitehead, President Alexander Spiro, and Chief Financial Officer and Secretary Daniel Rogers.
Company profile
Ticker
PPYAW, PPYAU, PPYA
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
873071107
PPYAW stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
14 Aug 24
10-Q
2024 Q1
Quarterly report
2 Jul 24
10-K/A
2023 FY
Annual report (amended)
26 Jun 24
8-K
Papaya Growth Opportunity Corp. I Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Filing
7 Jun 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
24 May 24
NT 10-Q
Notice of late quarterly filing
15 May 24
10-K
2023 FY
Annual report
29 Mar 24
8-K
Entry into a Material Definitive Agreement
20 Feb 24
DEFA14A
Additional proxy soliciting materials
12 Feb 24
8-K
Other Events
12 Feb 24
Latest ownership filings
SC 13G/A
Walleye Capital LLC
10 Apr 24
SC 13G/A
Walleye Capital LLC
11 Mar 24
4
Change in insider ownership
21 Feb 24
4
Clay Whitehead
21 Feb 24
SC 13G
Walleye Capital LLC
14 Feb 24
SC 13G
Alberta Investment Management Corp
12 Feb 24
SC 13G/A
Saba Capital Management, L.P.
8 Feb 24
3
Initial statement of insider ownership
8 Sep 23
SC 13G/A
MMCAP International Inc. SPC
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | 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) | 7.33 k | 7.33 k | 7.33 k | 7.33 k | 7.33 k | 7.33 k |
Cash burn (monthly) | (no burn) | 548.25 | 58.82 k | 19.98 k | 174.63 k | 155.47 k |
Cash used (since last report) | n/a | 2.08 k | 223.25 k | 75.84 k | 662.88 k | 590.13 k |
Cash remaining | n/a | 5.24 k | -215.93 k | -68.52 k | -655.55 k | -582.81 k |
Runway (months of cash) | n/a | 9.6 | -3.7 | -3.4 | -3.8 | -3.7 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 1 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 77.72 mm |
Total shares | 10.55 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Papaya Growth Opportunity I Sponsor | 8.64 mm | $0.00 |
Cowen And | 876.00 k | $30.66 mm |
Calamos Advisors | 625.00 k | $29.69 mm |
Context Capital Management | 250.00 k | $11.88 mm |
Wolverine Asset Management | 157.08 k | $5.50 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Feb 24 | Papaya Growth Opportunity I Sponsor | Class A Common Stock, par value $0.0001 | Option exercise | Acquire M | No | No | 0 | 7,528,875 | 0.00 | 8,644,375 |
16 Feb 24 | Papaya Growth Opportunity I Sponsor | Class B Common Stock, par value $0.0001 Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 7,528,875 | 0.00 | 0 |
16 Feb 24 | Clay Whitehead | Class A Common Stock, par value $0.0001 | Option exercise | Acquire M | Yes | No | 0 | 7,528,875 | 0.00 | 8,644,375 |
16 Feb 24 | Clay Whitehead | Class B Common Stock, par value $0.0001 Class A Common Stock | Option exercise | Dispose M | Yes | No | 0 | 7,528,875 | 0.00 | 0 |