Pershing Square Tontine Holdings

Pershing Square Tontine Holdings Ltd. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on May 4, 2020 and is headquartered in New York, NY. Redemption Price: 20. Warrant Coverage: 1/9.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Pershing Square Tontine Holdings is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with a private company.

The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase, the SPAC looks for a target company to merge with.

CURRENT PHASE

The SPAC announces which company it will be acquiring (and taking public).

NEXT PHASE

Investors and shareholders will meet to approve the acquisition.

FINAL PHASE

Pershing Square Tontine Holdings will distribute billions of dollars to shareholders.

Bill Ackman Is Dissolving His $4 Billion SPAC -- Will Others Follow?

Billionaire activist investor Bill Ackman will close his special purpose acquisition company and return $4 billion to investors after failing to find an adequate target company to take public.

Bill Ackman will repay investors $4 billion after his SPAC fails

Billionaire hedge fund manager Bill Ackman is shutting down his Pershing Square Tontine Holdings SPAC after failing to find a suitable target company.

Bill Ackman to close largest SPAC ever, return billions to investors

Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger.

Bill Ackman to shut down giant SPAC, return $4B to investors

Pershing Square Tontine Holdings is returning $20.05 per share to common shareholders. Shareholders may also receive 1/2 SPAR at a later date.

Pershing Square Tontine Holdings Is Winding Up

PSTH stock is back in focus after Pershing Square's Bill Ackman announced that the SPAC would return $4 billion of capital back to investors. The post For PSTH Stock Fans, Bill Ackman's Next Step Could Take 10 Years appeared first on InvestorPlace.

For PSTH Stock Fans, Bill Ackman's Next Step Could Take 10 Years

Ackman stated that the owners of PSTH stock and related warrants will receive warrants in a new investment vehicle that he is launching. The post Dear PSTH Stock Fans, Mark Your Calendars for July 26 appeared first on InvestorPlace.

Dear PSTH Stock Fans, Mark Your Calendars for July 26

Billionaire investor Bill Ackman said he will return US$4bn to investors in what was the biggest-ever special purpose acquisition company (Spac) after it was unable to find a suitable merger. Backed by Ackman's Pershing Square hedge fund, Pershing Square Tontine Holdings Ltd (PSTH) floated in the relative Spac heyday of July 24 2020.

Bill Ackman's Spac to return funds after fruitless two years

The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors souring on SPACs, and legal and regulatory challenges.

Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal — and trumpets his next-generation SPARC

Billionaire investor William Ackman, who had raised the biggest-ever special purpose acquisition company, said on Monday he would be returning roughly $4 billion to investors after failing to find a suitable target company to take public.

Bill Ackman's Pershing Square to return $4 billion to investors

NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (the “Company”) (NYSE: PSTH, PSTH.WS), a special purpose acquisition company, today announced that it will redeem all of its outstanding shares of Class A common stock (the “public shares”), effective as of July 26, 2022, because the Company will not consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation (the “Charter”). As stated in the Company's

Pershing Square Tontine Holdings, Ltd. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) CEO Bill Ackman today issued the following letter: Dear Pershing Square Tontine Holdings, Ltd. Shareholder, On July 22, 2020, Pershing Square Tontine Holdings, Ltd. completed a $4 billion IPO on the New York Stock Exchange. We designed PSTH to be the most investor and merger-friendly SPAC at a time when we believed the COVID-19 pandemic would continue to disrupt capital markets providing PSTH with an opportunity to me

Pershing Square Tontine Holdings, Ltd. Releases Letter to Shareholders

"Bill and Pershing face an uphill battle — selling SPACs to investors is now virtually impossible," Edge Consulting Group's Jim Osman told Insider.

Bill Ackman's SPAC has just 6 weeks to find a target — or he'll have to return $4 billion to investors

PSH just held earnings call; a wind-up of PSTH now looks like the most likely scenario. The common is actually quite interesting right now; you get a bit of return and possibly a SPAR.

Pershing Square Tontine Holdings: Wind-Up Seems To Be The Most Likely Scenario

NEW YORK--(BUSINESS WIRE)--Pershing Square SPARC Holdings, Ltd. (“SPARC”), an affiliate of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH), notes the withdrawal of the New York Stock Exchange's proposed amendment to its listing rules that would have allowed SPARC warrants (“SPARs” or generically “subscription warrants”) to trade on the NYSE.1 In view of the Securities and Exchange Commission's recently proposed rule changes and policy guidance with respect to special purpose acquisition vehi

Pershing Square SPARC Holdings, Ltd. Notes the Withdrawal of a New York Stock Exchange Proposed Rule Change

BYD Company Limited

Ford Motor Company

Gores Guggenheim

General Motors

Luminar Technologies

Lucid Group

Panasonic Holdings Corp

QuantumScape

Rivian Automotive

Tesla

With EV stocks at "nosebleed" valuations, Snow Bull Capital CEO Taylor Ogan discusses his view of the market and how to play it. The post Behind the Wall: Fund Manager Says EV Stocks Will Ride ‘Rising Tide' appeared first on InvestorPlace.

Behind the Wall: Fund Manager Says EV Stocks Will Ride ‘Rising Tide'

Ackman recently submitted an S-1 to the SEC to gain approval for a new SPARC. What exactly does that mean for PSTH stock?

PSTH Stock Is in Focus as Bill Ackman Debuts ‘SPARC' Plans. 11 Things to Know.

Ackman's new SPARs would be nebulous even if approved. And PSTH stock can't be accurately valued if the new SPARs have no definite price.

Ackman's New SPARs Security Makes PSTH Risky Above $20

NEW YORK--(BUSINESS WIRE)--Pershing Square SPARC Holdings, Ltd. (“SPARC”), an affiliate of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH), today announced that it has filed a registration statement with the SEC relating to the proposed public offering of its subscription warrants to purchase common stock, or SPARs. If the registration statement is declared effective, the SPARs are expected to be distributed without cost to the securityholders of PSTH, as described in the registration statem

Pershing Square SPARC Holdings, Ltd. Files Registration Statement

After a period of upheaval and SPAC merger disappointment, Bill Ackman may be onto something. That has PSTH stock on the move.

PSTH Stock Alert: The Merger News Sending Pershing Square Climbing

As usual, everything with Bill Ackman's Pershing Square SPAC is complicated. His new SPARC deal screams, "Buy PSTH stock and its warrants.

Bill Ackman's New SPARC Deal Screams “Buy Pershing Square”

Once a promising SPAC backed by celebrity hedge fund manager Bill Ackman, PSTH stock has lost almost all of its appeal. The post It Is Absolutely Pointless to Invest in Pershing Square Tontine Stock at This Point appeared first on InvestorPlace.

It Is Absolutely Pointless to Invest in Pershing Square Tontine Stock at This Point

Hedge fund manager William Ackman's 10% bet on Universal Music Group helped nearly double returns at his own portfolio to 15.3% this week after shares in the world's biggest music label surged in their first hours as a publicly traded company.

Ackman's Pershing Square fund surges as Universal soars in stock debut

Universal Music Group, the world's biggest label whose lineup features The Beatles and Taylor Swift, was valued at more than $39 billion on Monday, a day before its huge stock market debut.

Universal Music valued at $39 billion ahead of stock market debut

Pershing Square Tontine failed to make a big merger. With it seemingly wrapping up unsuccessfully, there's little reason to hold PSTH stock.

News for Pershing Square Tontine Holdings Stock (PSTH)