BCSA is a special purpose acquisition 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 or entities. BCSA is led by Chairman and Managing Director Matthew Le Merle, Chief Executive Officer and Managing Director Lou Kerner, Managing Director Alison Davis, and Chief Financial Officer Mitchell Mechigian.
Company profile
Ticker
BCSA, BCSAU, BCSAW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
981607883
BCSA stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
Entry into a Material Definitive Agreement
15 May 24
425
Business combination disclosure
10 May 24
8-K
Submission of Matters to a Vote of Security Holders
10 May 24
DEFA14A
Additional proxy soliciting materials
1 May 24
8-K
Other Events
1 May 24
DEF 14A
Definitive proxy
1 May 24
425
Business combination disclosure
19 Apr 24
PRE 14A
Preliminary proxy
18 Apr 24
425
Business combination disclosure
15 Apr 24
Latest ownership filings
SC 13G/A
GLAZER CAPITAL, LLC
14 Feb 24
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 24
SC 13G/A
Polar Asset Management Partners Inc.
9 Feb 24
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
19 Jan 24
SC 13G
SPRING CREEK CAPITAL LLC
16 May 23
SC 13G/A
Saba Capital Management, L.P.
12 Apr 23
4
Boaz Weinstein
28 Feb 23
SC 13G
GLAZER CAPITAL, LLC
14 Feb 23
SC 13G
Polar Asset Management Partners Inc.
10 Feb 23
SC 13G
HIGHBRIDGE CAPITAL MANAGEMENT LLC
10 Feb 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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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) | 116.09 k | 116.09 k | 116.09 k | 116.09 k | 116.09 k | 116.09 k |
Cash burn (monthly) | (no burn) | (no burn) | 251.54 k | 137.48 k | 59.93 k | 137.33 k |
Cash used (since last report) | n/a | n/a | 400.26 k | 218.77 k | 95.37 k | 218.54 k |
Cash remaining | n/a | n/a | -284.17 k | -102.68 k | 20.72 k | -102.44 k |
Runway (months of cash) | n/a | n/a | -1.1 | -0.7 | 0.3 | -0.7 |
Institutional ownership, Q4 2023
83.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 52 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 109.82 mm |
Total shares | 11.17 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Blockchain Coinvestors Acquisition Sponsors I | 11.17 mm | $109.82 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Feb 23 | Saba Capital Management | Common Stock | Sale back to company | Dispose D | Yes | No | 10.38 | 3,545,544 | 36.80 mm | 0 |