AI Transportation Acquisition Corp. The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company has not selected a business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target While the Company may pursue a target in any industry, section or geography, it intends to focus the search for a target business in the transportation field, including but not limited to logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services and related areas of intelligent transportation. The Company is led by its Chief Executive Officer, Mr. Yongjin Chen. Rimon P.C. served as legal counsel to the Company.
Company profile
Ticker
AITR, AITRU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
AITR stock data
Latest filings (excl ownership)
8-K
Other Events
2 Jan 24
8-K
Other Events
29 Dec 23
10-Q
2023 Q3
Quarterly report
20 Dec 23
8-K
Index to Financial Statements
16 Nov 23
8-K
AI Transportation Acquisition Corp Announces Pricing of $60,000,000 Initial Public Offering
13 Nov 23
424B4
Prospectus supplement with pricing info
9 Nov 23
424B4
Prospectus supplement with pricing info
9 Nov 23
EFFECT
Notice of effectiveness
9 Nov 23
S-1MEF
Registration of additional securities for an S-1
8 Nov 23
CERT
Certification of approval for exchange listing
8 Nov 23
Latest ownership filings
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 24
SC 13G
PROPPER KERRY
14 Feb 24
SC 13G/A
Karpus Management, Inc.
12 Feb 24
SC 13G
Karpus Management, Inc.
8 Feb 24
SC 13G/A
Space Summit Capital LLC
5 Feb 24
SC 13G
Harraden Circle Investments, LLC
31 Jan 24
SC 13G
GLAZER CAPITAL, LLC
11 Dec 23
3
Wu Yun
16 Nov 23
3
Chen Yongjin
16 Nov 23
3
Ping Kuen Wong
16 Nov 23
Financial summary
Quarter (USD) | Sep 23 | |
---|---|---|
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) | 844.00 | |||||
Cash burn (monthly) | 50.33 | |||||
Cash used (since last report) | 301.38 | |||||
Cash remaining | 542.62 | |||||
Runway (months of cash) | 10.8 |