Company Quick10K Filing
Schultze Special Purpose Acquisition
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 4 $37
10-K 2020-03-10 Annual: 2019-12-31
10-Q 2019-10-28 Quarter: 2019-09-30
10-Q 2019-07-22 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
S-1 2018-11-20 Public Filing
8-K 2020-01-02
8-K 2019-01-07 Other Events, Exhibits

Schultze Special Purpose Acquisition Financials

SAMA Metrics, Comps, Filings

Annual | Quarterly

Business

We are a blank check company formed pursuant to the laws of the State of Delaware on June 11, 2018 for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to in this report as the initial business combination. While our efforts in identifying a prospective target business for our initial business combination are not limited to a particular industry or geographic region, we have initially focused our search on companies that have experienced and emerged from a financial restructuring, as described below.

In September 2018, our sponsor purchased 4,312,500 founders' shares for an aggregate purchase price of $25,000. Our sponsor subsequently transferred certain founders' shares to our independent directors at the same price originally paid for such shares. In December 2018, our sponsor forfeited 575,000 founders' shares. Following the expiration of the underwriters' over-allotment option on January 24, 2019, our sponsor forfeited 487,500 shares, so that our initial stockholders continue to own 20% of our issued and outstanding shares after our initial public offering.

The registration statement for our initial public offering was declared effective on December 10, 2018. On December 13, 2018, we consummated our initial public offering of 13,000,000 units at $10.00 per unit, generating gross proceeds of $130,000,000.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
CynergisTek (CTEK) 48,857 38% 2.6 34% 45,121 8,530 15,597 5,983 15,193 15,197 39,540
Black Ridge Acquisition (BRAC) 43,621 25.4 1% 140,718 403 0 0 1,318 1,717 43,555
Infrastructure & Energy Alternatives (IEA) 160,804 10% 5.4 -1% 665,827 750,167 940,793 91,065 -4,072 74,448 399,138
Gordon Pointe Acquisition (GPAQ) 41,651 25.8 1% 116,010 6,618 0 0 1,314 1,670 43,110
Alberton Acquisition (ALAC) 41,288 24.6 1% 118,561 5,475 0 0 1,629 1,629 40,051
Opes Acquisition (OPES) 39,787 27.5 1% 95,793 622 0 0 1,001 1,444 39,773
Kingold Jewelry (KGJI) 6,611 7% -0.1 -0% 3,319,662 2,366,698 2,065,538 140,005 -5,035 139,395 -9,599
Schultze Special Purpose Acquisition (SAMA) 36,872 18.7 1% 133,047 500 0 0 1,530 1,931 36,189
TMSR Holding (TMSR) 17,850 13% 8.0 2% 35,549 12,871 26,797 3,541 763 2,049 16,429
Union Acquisition (LTN) 33,405 44.5 1% 118,322 113,322 0 0 742 742 33,068
Big Rock Partners Acquisition (BRPA) 29,620 57.6 1% 41,685 2,434 0 0 423 511 29,426
Tenzing Acquisition (TZACU) 26,418 22.2 2% 66,270 2,248 0 0 1,183 1,183 26,207
DD3 Acquisition (DDMXU) 21,966 -164.5 -0% 57,011 52,011 0 0 -133 -133 21,904
EdtechX Holdings Acquisition (EDTXU) 15,797 -2,150.6 -2% 424 407 0 0 -7 -7 15,773
Tottenham Acquisition I (TOTA) 21,142 80.1 1% 48,151 2,592 0 0 258 258 20,694
Greenland Acquisition (GLAC) 18,223 -865.6 -0% 45,097 1,025 0 0 -20 -20 17,311
HL Acquisitions (HCCH) 19,579 22.8 2% 56,618 51,618 0 0 858 858 19,572
Sito Mobile (SITO) 18,719 37% -1.5 -54% 24,817 18,288 31,380 11,673 -13,458 -12,959 20,002
Longevity Acquisition (LOAC) 18,141 -154.5 -0% 41,441 1,471 0 0 -117 -117 18,001
Bsquare (BSQR) 15,838 18% -0.7 -58% 23,056 12,168 60,756 11,136 -13,354 -12,658 8,475

Balance Sheet ($'000)2018-12-31
Cash922
Accounts Receivable
Inventory
PP&E
Assets131,172
Accounts Payable
Long-Term Debt
Liabilities126,172
Stockholders' Equity5,000
Income Statement ($'000)2018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income
Cash Flow ($'000)2018-12-31
Cash Operating
Cash Investing
Cash Financing