Event-Driven Stocks

Thunder Bridge Capital Partners IV, Inc.

THCP, THCPU, THCPW

Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕

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Signs1 good2 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21
Revenue
Operating income−$1.4M−$3.1M−$905,815
Net income$4.1M$2.9M−$165,906
Total assets$37.3M$239.9M$237.5M
Total liabilities$14.6M$12.2M$12.6M
Equity−$14.4M−$11.7M−$11.7M
EPS (diluted)
Shares out.5.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
Net margin
Return on equity
−28.5%
Return on assets
11.0%
Return on capital (ROCE)
−4.4%
Liabilities / assets
39.3%
Debt / equity
Book value / share
$-2.43
Revenue growth (YoY)
Net income growth (YoY)
43.1%

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 · FY2023
Altman Z″ (distress)
-3.59distress
Accruals / assets
16.8%high accruals
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 Score
38
/ 100
Profitability 33Growth 100Catalyst 33Earnings quality 0Financial strength 25

Our 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. What these scores mean →

Signs

3 severe2 warning1 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
  • High accruals — earnings-quality risk
  • Conservative leverage (liabilities < 50% of assets)

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

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.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
3 acquisitions2 disposalsnet 27,000 shares · last 5
InsiderDateTypeSharesPrice
Simanson Gary AOfficer — President and CEODec 10, 2024D6.6M
Ghisallo Capital Management Llc10% ownerNov 26, 2024Sell27,000$11.36
Simanson Gary AOfficer — President and CEOJun 29, 2023Conversion5.9M
Simanson Gary AOfficer — President and CEOAug 9, 2021J23,055$10.00
Simanson Gary AOfficer — President and CEOJun 29, 2021J625,000$10.00

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

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 ↗

Event-driven situations (1)

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