Iris Acquisition (IRAA)

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)	358.18 k	358.18 k	358.18 k	358.18 k	358.18 k	358.18 k
Cash burn (monthly)	(no burn)	(no burn)	339.90 k	263.07 k	243.12 k	245.67 k
Cash used (since last report)	n/a	n/a	949.12 k	734.59 k	678.88 k	686.01 k
Cash remaining	n/a	n/a	-590.94 k	-376.41 k	-320.70 k	-327.83 k
Runway (months of cash)	n/a	n/a	-1.7	-1.4	-1.3	-1.3

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

IRAA institutional ownership history Ownership history

47.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	30	18	+66.7%
Opened positions	13	15	-13.3%
Closed positions	1	0	NEW
Increased positions	0	0
Reduced positions	3	0	NEW

13F shares	Current	Prev Q	Change
Total value	139.84 mm	204.56 mm	-31.6%
Total shares	3.43 mm	1.62 mm	+111.9%
Total puts	0.00	0.00
Total calls	70.62 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cantor Fitzgerald, L. P.	875.82 k	$35.03 mm	NEW
Periscope Capital	275.90 k	$11.04 mm	-31.1%
Linden Advisors	268.20 k	$12.71 mm	0.0%
Polar Asset Management Partners	250.70 k	$10.03 mm	NEW
Saba Capital Management	233.76 k	$9.35 mm	NEW
Falcon Edge Capital	211.28 k	$8.47 mm	-15.5%
Aristeia Capital	187.50 k	$8.88 mm	NEW
Fort Baker Capital Management	171.47 k	$6.86 mm	NEW
Meteora Capital	134.31 k	$5.37 mm	-3.2%
Moore Capital Management	125.00 k	$5.01 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Cantor Fitzgerald, L. P.	875.82 k	+875.82 k	NEW
Polar Asset Management Partners	250.70 k	+250.70 k	NEW
Saba Capital Management	233.76 k	+233.76 k	NEW
Aristeia Capital	187.50 k	+187.50 k	NEW
Fort Baker Capital Management	171.47 k	+171.47 k	NEW
Periscope Capital	275.90 k	-124.51 k	-31.1%
D. E. Shaw & Co.	83.35 k	+83.35 k	NEW
CNH Partners	81.25 k	+81.25 k	NEW
Citadel Advisors	64.45 k	+64.45 k	NEW
Falcon Edge Capital	211.28 k	-38.72 k	-15.5%

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.

Recent insider trades

IRAA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Sep 23	Saba Capital Management	Common Stock	Sell	Dispose S	Yes	No	10.29	853,395	8.78 mm	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.