99 Acquisition (NNAG)

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)	109.00	109.00	109.00	109.00	109.00	109.00
Cash burn (monthly)	107.12 k	75.58	(no burn)	(no burn)	107.12 k	26.78 k
Cash used (since last report)	696.03 k	491.12	n/a	n/a	696.03 k	174.01 k
Cash remaining	-695.92 k	-382.12	n/a	n/a	-695.92 k	-173.90 k
Runway (months of cash)	-6.5	-5.1	n/a	n/a	-6.5	-6.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

NNAG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	46	12	+283.3%
Opened positions	34	7	+385.7%
Closed positions	0	1	EXIT
Increased positions	2	3	-33.3%
Reduced positions	5	0	NEW

13F shares	Current	Prev Q	Change
Total value	69.42 bn	18.43 bn	+276.7%
Total shares	15.64 mm	4.90 mm	+219.5%
Total puts	0.00	0.00
Total calls	279.90 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cowen And	2.00 mm	$4.71 bn	-16.4%
Highbridge Capital Management	1.80 mm	$485.26 mm	NEW
Periscope Capital	1.33 mm	$6.65 bn	NEW
Wolverine Asset Management	1.01 mm	$5.00 bn	NEW
Boothbay Fund Management	839.70 k	$5.95 bn	NEW
Clear Street	703.93 k	$108.00 k	NEW
CNH Partners	650.00 k	$5.78 bn	NEW
Mizuho Securities Usa	604.48 k	$6.32 bn	NEW
Atw Spac Management	559.80 k	$3.01 bn	NEW
Shaolin Capital Management	500.97 k	$39.64 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Highbridge Capital Management	1.80 mm	+1.80 mm	NEW
Periscope Capital	1.33 mm	+1.33 mm	NEW
Wolverine Asset Management	1.01 mm	+1.01 mm	NEW
Boothbay Fund Management	839.70 k	+839.70 k	NEW
Clear Street	703.93 k	+703.93 k	NEW
CNH Partners	650.00 k	+650.00 k	NEW
Mizuho Securities Usa	604.48 k	+604.48 k	NEW
Atw Spac Management	559.80 k	+559.80 k	NEW
Shaolin Capital Management	500.97 k	+500.97 k	NEW
Schechter Investment Advisors	186.09 k	-426.60 k	-69.6%

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.

News

From Benzinga Pro

Reported Earlier, 99 Acquisition Group To Dissolve And Liquidate, Redeeming Public Shares At $10.55 Per Share

12 Sep 24

99 Acquisition Group, Inc. (NASDAQ:NNAG) (the "Company") announced that it will not be able to complete its previously announced business combination with Nava Health MD, Inc. As a result, the Company intends

Press releases

From Benzinga Pro

99 Acquisition Group, Inc. to Liquidate

11 Sep 24

GAITHERSBURG, MD, Sept. 11, 2024 (GLOBE NEWSWIRE) -- 99 Acquisition Group, Inc. (NASDAQ:NNAG) (the "Company") announced that it will not be able to complete its previously announced business combination with Nava

INVESTIGATION ALERT: Halper Sadeh LLC Investigates NNAG, PFTA, and ISRL on Behalf of Shareholders; Shareholders are Encouraged to Contact the Firm

22 Jul 24

NEW YORK, July 22, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties