Global Star Acquisition (GLST)

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)	392.14 k	392.14 k	392.14 k	392.14 k	392.14 k	392.14 k
Cash burn (monthly)	83.06 k	(no burn)	(no burn)	50.71 k	35.88 k	123.47 k
Cash used (since last report)	231.85 k	n/a	n/a	141.56 k	100.15 k	344.67 k
Cash remaining	160.29 k	n/a	n/a	250.57 k	291.99 k	47.47 k
Runway (months of cash)	1.9	n/a	n/a	4.9	8.1	0.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

GLST institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	42	34	+23.5%
Opened positions	9	29	-69.0%
Closed positions	1	0	NEW
Increased positions	23	2	+1050.0%
Reduced positions	2	1	+100.0%

13F shares	Current	Prev Q	Change
Total value	78.26 bn	64.58 bn	+21.2%
Total shares	18.22 mm	8.11 mm	+124.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Mangrove Partners	3.19 mm	$13.79 bn	+703.9%
Polar Asset Management Partners	2.25 mm	$7.97 bn	+200.0%
Aristeia Capital	1.50 mm	$5.32 bn	+200.0%
Periscope Capital	1.12 mm	$6.53 bn	+109.0%
Wolverine Asset Management	1.11 mm	$3.54 bn	+129.2%
Karpus Management	1.06 mm	$11.13 bn	+7.0%
Schechter Investment Advisors	973.41 k	$3.44 bn	+197.4%
Space Summit Capital	775.47 k	$0.00	0.0%
Radcliffe Capital Management	739.23 k	$2.62 bn	+200.0%
Hudson Bay Capital Management	700.00 k	$3.67 bn	+100.0%

Largest transactions	Shares	Bought/sold	Change
Mangrove Partners	3.19 mm	+2.79 mm	+703.9%
Polar Asset Management Partners	2.25 mm	+1.50 mm	+200.0%
Aristeia Capital	1.50 mm	+1.00 mm	+200.0%
Schechter Investment Advisors	973.41 k	+646.11 k	+197.4%
Wolverine Asset Management	1.11 mm	+626.76 k	+129.2%
Shaolin Capital Management	0.00	-591.40 k	EXIT
Periscope Capital	1.12 mm	+583.95 k	+109.0%
Radcliffe Capital Management	739.23 k	+492.82 k	+200.0%
CNH Partners	656.13 k	+410.36 k	+167.0%
Hudson Bay Capital Management	700.00 k	+350.00 k	+100.0%

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

GLST insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	433	4.78 k	21
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	1,697	18.75 k	80
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	4,646	51.34 k	10,580
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	17,239	190.49 k	2,423
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	10,248	113.24 k	13,426
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	14,756	163.05 k	19,627
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	41,989	463.98 k	2,379
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	83,992	928.11 k	10,703
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	433	4.78 k	21
26 Jun 24	AQR Capital Management	Class A Common Stock	Sell	Dispose S	Yes	No	11.05	1,697	18.75 k	80

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

Press releases

From Benzinga Pro

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Global Star Acquisition Inc. - GLST

16 Dec 24

NEW YORK, Dec. 16, 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