Legato Merger

Cash burn rate (est.)	Burn method: Change in cash	Burn method: Operating income	Burn method: FCF (opex + capex)
Cash on hand (at last report)	240.25 k	240.25 k	240.25 k
Cash burn (monthly)	82.41 k	417.06 k	414.77 k
Cash used (since last report)	3.45 mm	17.44 mm	17.34 mm
Cash remaining	-3.21 mm	-17.20 mm	-17.10 mm
Runway (months of cash)	-38.9	-41.2	-41.2

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Financial data from company earnings reports.

Institutional ownership, Q3 2021

Legato Merger institutional ownership history Ownership history

6.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	35	56	-37.5%
Opened positions	15	36	-58.3%
Closed positions	36	22	+63.6%
Increased positions	3	9	-66.7%
Reduced positions	10	6	+66.7%

13F shares	Current	Prev Q	Change
Total value	290.01 mm	160.56 mm	+80.6%
Total shares	7.07 mm	16.02 mm	-55.9%
Total puts	0.00	0.00
Total calls	820.42 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Mason Capital Management	3.17 mm	$32.51 mm	NEW
Highline Capital Management	406.03 k	$1.01 mm	NEW
Polar Asset Management Partners	400.00 k	$1.00 mm	+650.1%
Walleye Capital	358.48 k	$896.00 k	NEW
Jane Street	278.83 k	$697.00 k	+57.1%
Sonic Fund II	250.81 k	$627.00 k	NEW
CVI	250.00 k	$625.00 k	0.0%
Castle Creek Arbitrage	241.54 k	$604.00 k	NEW
Magnetar Financial	207.68 k	$519.00 k	NEW
683 Capital Management	200.00 k	$500.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
Mason Capital Management	3.17 mm	+3.17 mm	NEW
Fir Tree Capital Management	0.00	-1.47 mm	EXIT
Abrams Bison Investments	0.00	-1.40 mm	EXIT
Linden Advisors	0.00	-926.11 k	EXIT
Alberta Investment Management	0.00	-873.99 k	EXIT
NMR Nomura	34.20 k	-731.35 k	-95.5%
Saba Capital Management	0.00	-722.13 k	EXIT
Radcliffe Capital Management	0.00	-649.30 k	EXIT
Marshall Wace North America	0.00	-615.87 k	EXIT
Shaolin Capital Management	0.00	-577.33 k	EXIT

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.