Adagio Medical

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)	87.51 k	87.51 k	87.51 k	87.51 k	87.51 k	87.51 k
Cash burn (monthly)	(no burn)	(no burn)	203.91 k	366.28 k	170.56 k	85.54 k
Cash used (since last report)	n/a	n/a	1.79 mm	3.21 mm	1.49 mm	749.28 k
Cash remaining	n/a	n/a	-1.70 mm	-3.12 mm	-1.41 mm	-661.78 k
Runway (months of cash)	n/a	n/a	-8.3	-8.5	-8.2	-7.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

Adagio Medical institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	26	14	+85.7%
Opened positions	14	4	+250.0%
Closed positions	2	43	-95.3%
Increased positions	1	3	-66.7%
Reduced positions	2	2	–

13F shares	Current	Prev Q	Change
Total value	25.04 bn	7.76 bn	+222.5%
Total shares	45.17 mm	43.75 mm	+3.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Sciences Holdings IV ARYA	41.47 mm	$0.00	0.0%
Farallon Capital Partners	751.00 k	$0.00	0.0%
Westchester Capital Management	506.15 k	$5.39 bn	NEW
Glazer Capital	500.00 k	$5.27 mm	0.0%
TENOR CAPITAL MANAGEMENT	300.00 k	$3.16 bn	NEW
Periscope Capital	300.00 k	$3.18 bn	0.0%
Farallon Capital Management	200.00 k	$2.13 bn	NEW
Meteora Capital	180.36 k	$1.90 bn	NEW
D. E. Shaw & Co.	149.91 k	$1.60 bn	NEW
WRB W. R. Berkley	149.61 k	$1.59 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Westchester Capital Management	506.15 k	+506.15 k	NEW
TENOR CAPITAL MANAGEMENT	300.00 k	+300.00 k	NEW
Radcliffe Capital Management	0.00	-221.61 k	EXIT
Farallon Capital Management	200.00 k	+200.00 k	NEW
Meteora Capital	180.36 k	+180.36 k	NEW
D. E. Shaw & Co.	149.91 k	+149.91 k	NEW
WRB W. R. Berkley	149.61 k	+149.61 k	NEW
RTW Investments	127.97 k	+127.97 k	NEW
Cowen And	104.06 k	-117.44 k	-53.0%
Walleye Capital	38.40 k	+38.40 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

Adagio Medical insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
31 Jul 24	Altman Michael Seth	Class A ordinary shares	Sale back to company	Dispose D	Yes	No	499,000	0
31 Jul 24	Altman Michael Seth	Class B ordinary shares Class A ordinary shares	Sale back to company	Dispose D	Yes	No	2,647,500	0
31 Jul 24	Altman Michael Seth	Class B ordinary shares Class A ordinary shares	Sale back to company	Dispose D	Yes	No	1,000,000	2,647,500
31 Jul 24	Wider Todd	Class B ordinary shares Class A ordinary shares	Sale back to company	Dispose D	No	No	30,000	0
31 Jul 24	Leslie Trigg	Class B ordinary shares Class A ordinary shares	Sale back to company	Dispose D	No	No	30,000	0

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