TortoiseEcofin Acquisition Corp. III (TRTLF)

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)	148.88 k	148.88 k	148.88 k	148.88 k	148.88 k	148.88 k
Cash burn (monthly)	106.75 k	(no burn)	38.16 k	226.27 k	(no burn)	333.32 k
Cash used (since last report)	620.90 k	n/a	221.95 k	1.32 mm	n/a	1.94 mm
Cash remaining	-472.02 k	n/a	-73.07 k	-1.17 mm	n/a	-1.79 mm
Runway (months of cash)	-4.4	n/a	-1.9	-5.2	n/a	-5.4

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Financial data from company earnings reports.

Institutional ownership, Q1 2024

TRTLF institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	25	8	+212.5%
Opened positions	20	1	+1900.0%
Closed positions	3	47	-93.6%
Increased positions	0	0
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	3.49 bn	6.48 bn	-46.2%
Total shares	20.48 mm	17.01 mm	+20.4%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
TortoiseEcofin Sponsor III	6.86 mm	$72.18 mm	0.0%
D. E. Shaw & Co	2.97 mm	$0.00	0.0%
Linden Capital	2.97 mm	$28.78 mm	0.0%
Fitzgerald Securities Cantor	2.51 mm	$0.00	0.0%
K2 Principal Fund	926.76 k	$92.68 mm	NEW
Shaolin Capital Management	845.87 k	$87.63 mm	NEW
Periscope Capital	681.30 k	$83.99 mm	NEW
Linden Advisors	676.52 k	$87.14 mm	NEW
Adage Capital Partners GP, L.L.C.	325.00 k	$33.67 mm	NEW
Boothbay Fund Management	265.07 k	$2.85 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Picton Mahoney Asset Management	0.00	-1.11 mm	EXIT
K2 Principal Fund	926.76 k	+926.76 k	NEW
Shaolin Capital Management	845.87 k	+845.87 k	NEW
Periscope Capital	681.30 k	+681.30 k	NEW
Linden Advisors	676.52 k	+676.52 k	NEW
Calamos Advisors	125.00 k	-375.00 k	-75.0%
Adage Capital Partners GP, L.L.C.	325.00 k	+325.00 k	NEW
Boothbay Fund Management	265.07 k	+265.07 k	NEW
Walleye Capital	188.72 k	+188.72 k	NEW
Quarry	183.40 k	+183.40 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

TRTLF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
8 Sep 23	TortoiseEcofin Sponsor III	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	60,000	6,915,000
8 Sep 23	Jack Leeney	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000
8 Sep 23	Matthew Schindel	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000
8 Sep 23	Andrew B Lipsher	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000

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