Banner Acquisition (BNNR)

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)	248.04 k	248.04 k	248.04 k	248.04 k	248.04 k	248.04 k
Cash burn (monthly)	(no burn)	94.71 k	(no burn)	41.08 k	482.03 k	224.81 k
Cash used (since last report)	n/a	2.25 mm	n/a	976.06 k	11.45 mm	5.34 mm
Cash remaining	n/a	-2.00 mm	n/a	-728.02 k	-11.20 mm	-5.09 mm
Runway (months of cash)	n/a	-21.1	n/a	-17.7	-23.2	-22.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

BNNR institutional ownership history Ownership history

20.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	60	-96.7%
Opened positions	0	35	EXIT
Closed positions	58	2	+2800.0%
Increased positions	0	15	EXIT
Reduced positions	0	2	EXIT

13F shares	Current	Prev Q	Change
Total value	32.06 mm	114.24 bn	-100.0%
Total shares	3.28 mm	22.20 mm	-85.2%
Total puts	0.00	0.00
Total calls	0.00	426.32 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Banner SPAC Sponsor	3.23 mm	$31.54 mm	0.0%
OTA Financial	50.19 k	$513.00 k	0.0%

Largest transactions	Bought/sold	Change
TENOR CAPITAL MANAGEMENT	-2.23 mm	EXIT
HGC Investment Management	-2.08 mm	EXIT
Polar Asset Management Partners	-2.04 mm	EXIT
Highbridge Capital Management	-1.46 mm	EXIT
Calamos Advisors	-900.00 k	EXIT
Marshall Wace	-728.33 k	EXIT
Atalaya Capital Management	-723.13 k	EXIT
Sculptor Capital	-709.80 k	EXIT
Saba Capital Management	-676.51 k	EXIT
State Of Wisconsin Investment Board	-640.00 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.