Northern Star Investment Corp. II (NSTB)

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)	64.61 k	64.61 k	64.61 k	64.61 k	64.61 k	64.61 k
Cash burn (monthly)	40.56 k	2.69 k	49.85 k	(no burn)	81.02 k	150.98 k
Cash used (since last report)	599.90 k	39.86 k	737.31 k	n/a	1.20 mm	2.23 mm
Cash remaining	-535.28 k	24.76 k	-672.70 k	n/a	-1.13 mm	-2.17 mm
Runway (months of cash)	-13.2	9.2	-13.5	n/a	-14.0	-14.4

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Financial data from company earnings reports.

Institutional ownership, Q1 2024

NSTB institutional ownership history Ownership history

98.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	21	4	+425.0%
Opened positions	19	2	+850.0%
Closed positions	2	31	-93.5%
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	106.97 mm	103.52 mm	+3.3%
Total shares	11.18 mm	9.86 mm	+13.4%
Total puts	0.00	0.00
Total calls	8.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Northern Star II Sponsor	9.71 mm	$97.28 mm	0.0%
Periscope Capital	526.30 k	$2.74 mm	NEW
Meteora Capital	337.62 k	$1.76 mm	NEW
Sea Otter Advisors	148.48 k	$1.53 mm	0.0%
Capital Advisors, LLC- CA Arena	100.00 k	$520.00 k	NEW
P Schoenfeld Asset Management	61.94 k	$0.00	NEW
Q Global Advisors	50.00 k	$0.00	NEW
Silver Rock Financial	50.00 k	$260.00 k	NEW
Cowen And	38.00 k	$2.66 mm	NEW
Altshuler Shaham	30.00 k	$30.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Periscope Capital	526.30 k	+526.30 k	NEW
Meteora Capital	337.62 k	+337.62 k	NEW
Capital Advisors, LLC- CA Arena	100.00 k	+100.00 k	NEW
P Schoenfeld Asset Management	61.94 k	+61.94 k	NEW
Q Global Advisors	50.00 k	+50.00 k	NEW
Silver Rock Financial	50.00 k	+50.00 k	NEW
Cowen And	38.00 k	+38.00 k	NEW
Altshuler Shaham	30.00 k	+30.00 k	NEW
Spartan Fund Management	22.98 k	+22.98 k	NEW
Dupont Capital Management	20.00 k	+20.00 k	NEW

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

NSTB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Apr 24	Northern Star II Sponsor	Class A Common Stock	Conversion	Acquire C	Yes	No	0	58,333	0.00	9,766,667
8 Apr 24	Northern Star II Sponsor	Class B Common Stock Class A Common Stock	Conversion	Dispose C	Yes	No	0	58,333	0.00	0

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