AXIOS Sustainable Growth Acquisition Corp is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses. The Company intends to search for a target business that is engaged in the agribusiness, plant-based proteins, food processing, and related technology industry located in Central and Eastern Europe.
Company profile
Ticker
AXAC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
AXAC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
24 Aug 23
25-NSE
Exchange delisting
22 May 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
22 May 23
8-K
Departure of Directors or Certain Officers
18 May 23
8-K
Regulation FD Disclosure
10 May 23
DEF 14A
Definitive proxy
1 May 23
PRE 14A
Preliminary proxy
21 Apr 23
8-K
Departure of Directors or Certain Officers
7 Apr 23
NT 10-K
Notice of late annual filing
31 Mar 23
8-K
Regulation FD Disclosure
28 Feb 23
Latest ownership filings
SC 13G/A
GLAZER CAPITAL, LLC
12 Jun 23
SC 13G/A
Sea Otter Advisors LLC
24 Apr 23
SC 13G/A
GLAZER CAPITAL, LLC
10 Apr 23
SC 13G
Sea Otter Advisors LLC
13 Mar 23
SC 13G
Radcliffe Capital Management, L.P.
8 Mar 23
SC 13G/A
Space Summit Capital LLC
2 Mar 23
SC 13D
Axios Sponsor LP
28 Feb 23
4
Change in insider ownership
28 Feb 23
4
Change in insider ownership
28 Feb 23
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|
| 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) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 233.76 k | 233.76 k | 233.76 k | |||
| Cash burn (monthly) | 218.06 k | 240.28 k | 278.91 k | |||
| Cash used (since last report) | 2.59 mm | 2.86 mm | 3.32 mm | |||
| Cash remaining | -2.36 mm | -2.62 mm | -3.08 mm | |||
| Runway (months of cash) | -10.8 | -10.9 | -11.0 | |||
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 14 |
| Opened positions | 2 |
| Closed positions | 36 |
| Increased positions | 3 |
| Reduced positions | 2 |
| 13F shares | Current |
|---|---|
| Total value | 8.53 bn |
| Total shares | 10.36 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Axios Sponsor | 3.28 mm | $33.47 mm |
| Mint Tower Capital Management B.V. | 1.43 mm | $4.17 mm |
| MFG Mizuho Financial | 1.22 mm | $0.00 |
| Context Capital Management | 950.20 k | $10.00 k |
| Feis Lawrence Michael | 854.29 k | $8.53 mm |
| Radcliffe Capital Management | 570.63 k | $2.83 bn |
| Clear Street | 378.58 k | $2.25 mm |
| Space Summit Capital | 362.73 k | $3.77 mm |
| WRB W.R. Berkley | 341.04 k | $3.56 bn |
| Rivernorth Capital Management | 300.00 k | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Feb 23 | Axios Sponsor | Class B ordinary shares Class A ordinary shares | Sell | Dispose S | No | No | 0 | 818,246 | 0.00 | 3,284,254 |
| 4 Nov 22 | Axios Sponsor | Class B ordinary shares Class A ordinary shares | Buy | Acquire P | No | No | 0 | 4,102,500 | 0.00 | 4,102,500 |