Pure Acquisition Corp.
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | |
|---|---|---|---|
| Revenue | $0 | $0 | $0 |
| Operating income | −$189,131 | −$450 | −$5,881 |
| Net income | $1.7M | −$450 | −$5,881 |
| Total assets | $392.2M | $419.5M | $231,360 |
| Total liabilities | — | — | — |
| Equity | $5.0M | $5.1M | $19,119 |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- —
- Net margin
- —
- Return on equity
- 34.9%
- Return on assets
- 0.4%
- Return on capital (ROCE)
- −0.0%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Accruals / assets
- 1.3%clean
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 12, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Glazer Capital, Llc10% owner | Aug 12, 2020 | J | 576,834 | $10.60 |
| Glazer Capital, Llc10% owner | Aug 11, 2020 | Sell | 1,000 | $10.74 |
| Hollis Michael L.Officer — President | Aug 12, 2020 | Buy | 11,802 | $10.61 |
| Tholen Steven WOfficer — Chief Financial Officer | Aug 12, 2020 | Buy | 5,000 | $10.61 |
| Woodard Rodney LOfficer — Chief Operating Officer | Aug 11, 2020 | Buy | 1,000 | $10.66 |
| Hollis Michael L.Officer — President | Jul 1, 2020 | Buy | 500 | $10.55 |
| Glazer Capital, Llc10% owner | Aug 3, 2020 | Sell | 1,590 | $10.75 |
| Glazer Capital, Llc10% owner | Jul 28, 2020 | Sell | 3 | $10.75 |
| Glazer Capital, Llc10% owner | Jul 10, 2020 | Sell | 1,800 | $10.65 |
| Glazer Capital, Llc10% owner | Jul 7, 2020 | Sell | 5,000 | $10.70 |
| Glazer Capital, Llc10% owner | May 20, 2020 | Sell | 4.0M | $10.52 |
| Glazer Capital, Llc10% owner | Mar 17, 2020 | Sell | 2,152 | $10.40 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Shareholder voteAug 24, 2020
- Other material eventAug 12, 2020
- Entered a material agreementJul 29, 2020
- Regulation FD disclosure · Other material eventJul 27, 2020
- Regulation FD disclosure · Other material eventJul 7, 2020
- Entered a material agreementJul 2, 2020
- Entered a material agreementJun 16, 2020
- Amended charter or bylaws · Shareholder vote · Other material eventMay 20, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AKARPUS INVESTMENT MGT / PURE ACQUISITION CORP. - SCHEDULE 13G/A(#2)Feb 12, 2021
- 15-12BFORM 15-12BSep 11, 2020
- SC 13G/ASep 10, 2020
- 25-NSESep 1, 2020
- 4PRIMARY DOCUMENTAug 24, 2020
- 8-KFORM 8-KAug 24, 2020
- 4PRIMARY DOCUMENTAug 13, 2020
- 4FORM 4Aug 12, 2020
- 4FORM 4Aug 12, 2020
- 8-KFORM 8-KAug 12, 2020
- 425FORM 8-KAug 12, 2020
- 4FORM 4Aug 11, 2020
- 10-QFORM 10-QAug 10, 2020
- DEFM14AFORM DEFM14AAug 7, 2020
- 4FORM 4Aug 5, 2020