Global Blockchain Acquisition (GBBKW)

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)	16.42 k	16.42 k	16.42 k	16.42 k	16.42 k	16.42 k
Cash burn (monthly)	116.54 k	40.13 k	82.67 k	80.67 k	178.41 k	115.90 k
Cash used (since last report)	325.33 k	112.02 k	230.77 k	225.19 k	498.03 k	323.53 k
Cash remaining	-308.91 k	-95.61 k	-214.35 k	-208.77 k	-481.62 k	-307.12 k
Runway (months of cash)	-2.7	-2.4	-2.6	-2.6	-2.7	-2.6

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Financial data from company earnings reports.

Institutional ownership, Q3 2024

GBBKW institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	28	33	-15.2%
Opened positions	6	1	+500.0%
Closed positions	11	0	NEW
Increased positions	9	1	+800.0%
Reduced positions	3	5	-40.0%

13F shares	Current	Prev Q	Change
Total value	14.03 bn	650.64 mm	+2057.0%
Total shares	17.29 mm	16.83 mm	+2.7%
Total puts	0.00	0.00
Total calls	45.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Global Blockchain Sponsor	4.31 mm	$0.00	0.0%
Meteora Capital	3.70 mm	$92.37 mm	+197.0%
Polar Asset Management Partners	1.27 mm	$31.60 mm	0.0%
Boothbay Fund Management	750.00 k	$8.28 bn	-1.4%
Atw Spac Management	750.00 k	$18.71 mm	0.0%
Mint Tower Capital Management B.V.	739.78 k	$11.00 k	+71.3%
Saba Capital Management	675.00 k	$16.84 mm	0.0%
CNH Partners	654.65 k	$11.06 mm	0.0%
Wolverine Asset Management	585.00 k	$8.78 mm	+2.6%
Mangrove Partners	500.00 k	$5.52 bn	-66.6%

Largest transactions	Shares	Bought/sold	Change
Meteora Capital	3.70 mm	+2.46 mm	+197.0%
Mangrove Partners	500.00 k	-997.89 k	-66.6%
Highbridge Capital Management	0.00	-779.40 k	EXIT
Clear Street Derivatives	0.00	-627.00 k	EXIT
CVI	0.00	-625.00 k	EXIT
Heights Capital Management	475.97 k	+475.97 k	NEW
Shaolin Capital Management	328.10 k	+328.10 k	NEW
Mint Tower Capital Management B.V.	739.78 k	+307.85 k	+71.3%
Clear Street	19.06 k	-281.05 k	-93.7%
Hudson Bay Capital Management	426.38 k	+227.60 k	+114.5%

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

GBBKW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Nov 24	Max Wayne Hooper	Common Stock	Sale back to company	Dispose D	Yes	No	0	4,312,500	0.00	0
13 Nov 24	Max Wayne Hooper	Private Warrants to purchase common stock Common stock	Sale back to company	Acquire D	Yes	No	11.5	6,812,500	78.34 mm	0

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

Press releases

From Benzinga Pro

Fourcore Becomes Sponsor of Global Blockchain Acquisition Corp. and Appoints Wealth Management CEO

18 Nov 24

Acquires ownership interest of Global Blockchain Sponsor, LLC Plans to list a portfolio company through Global Blockchain Acquisition Corp. Appoints Rob Sargent to CEO of wealth management business Fourcore