Mars Acquisition (MARX)

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)	206.76 k	206.76 k	206.76 k	206.76 k	206.76 k	206.76 k
Cash burn (monthly)	28.26 k	2.60 k	107.59 k	55.75 k	23.95 k	(no burn)
Cash used (since last report)	163.68 k	15.05 k	623.16 k	322.89 k	138.71 k	n/a
Cash remaining	43.08 k	191.71 k	-416.39 k	-116.13 k	68.05 k	n/a
Runway (months of cash)	1.5	73.8	-3.9	-2.1	2.8	n/a

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Financial data from company earnings reports.

Institutional ownership, Q2 2023

MARX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	44	35	+25.7%
Opened positions	11	35	-68.6%
Closed positions	2	0	NEW
Increased positions	6	0	NEW
Reduced positions	8	0	NEW

13F shares	Current	Prev Q	Change
Total value	59.57 bn	45.22 bn	+31.7%
Total shares	12.30 mm	10.53 mm	+16.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Mars Capital Holding	1.61 mm	$0.00	0.0%
Highbridge Capital Management	823.37 k	$205.68 mm	-13.1%
Harraden Circle Investments	598.57 k	$6.09 mm	0.0%
Karpus Management	558.91 k	$5.81 bn	+122.0%
Hudson Bay Capital Management	550.00 k	$3.80 bn	0.0%
Westchester Capital Management	450.00 k	$4.67 bn	+80.0%
Aristeia Capital	400.00 k	$4.16 bn	0.0%
Polar Asset Management Partners	400.00 k	$2.13 bn	-27.3%
Rivernorth Capital Management	398.99 k	$2.12 bn	NEW
CNH Partners	350.00 k	$1.86 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Rivernorth Capital Management	398.99 k	+398.99 k	NEW
MMCAP International Inc. SPC	350.00 k	+350.00 k	NEW
Karpus Management	558.91 k	+307.11 k	+122.0%
Spartan Fund Management	246.30 k	+246.30 k	NEW
Westchester Capital Management	450.00 k	+200.00 k	+80.0%
Oaktree Capital Management	150.00 k	-150.00 k	-50.0%
Polar Asset Management Partners	400.00 k	-150.00 k	-27.3%
Atw Spac Management	299.29 k	+147.79 k	+97.6%
Mizuho Securities Usa	0.00	-134.80 k	EXIT
Highbridge Capital Management	823.37 k	-124.50 k	-13.1%

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.

Press releases

From Benzinga Pro

Mars Acquisition Corp. Announces Adjournment of Extraordinary General Meeting and Extension of Redemption Deadline

29 Nov 24

NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Mars Acquisition Corp. (the "Company" or "Mars") (NASDAQ:MARX), a special purpose acquisition company, today announced that the extraordinary general meeting of shareholders

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of CYTH, NAPA, MNTX and MARX

22 Nov 24

NEW YORK, Nov. 22, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities

$HAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of MARX, MKFG, BRKH and AE

21 Nov 24

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Mars Acquisition Corp. - MARX

20 Nov 24