Northern Star Investment Corp. III
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$800,029 | −$581,174 |
| Net income | $16.8M | −$1.2M |
| Total assets | $402.5M | $401.1M |
| Total liabilities | $15.3M | $30.6M |
| Equity | −$14.4M | −$29.6M |
| 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 · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −116.0%
- Return on assets
- 4.2%
- Return on capital (ROCE)
- −0.2%
- Liabilities / assets
- 3.8%
- 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 · FY2022- Altman Z″ (distress)
- -1.13distress
- Accruals / assets
- 4.4%clean
- Piotroski F-Score
- 3/6weak
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
● 3 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- 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-Kmissed a reporting deadline ↗Dec 29, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2023
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2022
- NT 10-Qmissed a reporting deadline ↗May 14, 2021
- NT 10-Qmissed a reporting deadline ↗Apr 15, 2021
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 |
|---|---|---|---|---|
| Brady James HrOfficer — Chief Financial Officer | Mar 25, 2024 | Conversion | 116,667 | $0.00 |
| Northern Star Iii Sponsor Llc10% owner | Mar 25, 2024 | Conversion | 174,999 | $0.00 |
| Coles Joanna10% owner | May 12, 2023 | J | 9.7M | — |
| Northern Star Iii Sponsor Llc10% owner | Mar 3, 2023 | Conversion | 9.7M | $0.00 |
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- Amended charter or bylaws · Shareholder voteJan 3, 2025
- Other material eventApr 5, 2024
- Amended charter or bylaws · Shareholder vote · Other material eventMar 29, 2024
- Delisting / listing-standard noticeDec 26, 2023
- Delisting / listing-standard noticeSep 12, 2023
- Amended charter or bylaws · Shareholder voteAug 31, 2023
- Entered a material agreementAug 28, 2023
- Entered a material agreementAug 23, 2023
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 ↗- 8-KCURRENT REPORTJan 3, 2025
- DEF 14APROXY STATEMENTDec 10, 2024
- PRE 14APROXY STATEMENTNov 29, 2024
- 8-KCURRENT REPORTApr 5, 2024
- 8-KCURRENT REPORTMar 29, 2024
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMar 27, 2024
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMar 27, 2024
- SC 13D/AAMENDMENT NO. 1 TO SCHEDULE 13DMar 27, 2024
- DEF 14APROXY STATEMENTMar 15, 2024
- PRE 14APROXY STATEMENTMar 4, 2024
- SC 13G/AAMENDMENT NO. 1 TO SCHEDULE 13GFeb 12, 2024
- SC 13G/AFeb 12, 2024
- SC 13G/AJan 31, 2024
- NT 10-KNOTIFICATION OF LATE FILINGDec 29, 2023
- 8-KCURRENT REPORTDec 26, 2023
Event-driven situations (1)
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