BKHA · Black Hawk Acquisition Corp
$11.88
+0.03 (+0.28%)
At close · Aug 27
Going-concern doubt
— flagged Jul 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern. In addition, if the Company is unable to complete a Business Combination within the Combination Period, the Company's board of directors would proceed to commence voluntary liquidation and thereby a formal dissolution of the Company. There is no assurance that the Company's plans to consummate a Business Combination will be successful within the Combination Period. As a result, management has determined that such additional condition also raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Jul 15, 2026
Market Cap
$49.21M
Shares
4.15M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 34
Total Value: $4,976,377
Total Shares: 2,915,691
Institutional Ownership Trend
10 quarters
Holder Concentration
Across 34 13F filers · Δ vs Mar 31, 2026Top Holder
89.5%
+70.4 pts
Top 5
100.0%
+34.9 pts
Top 10
100.0%
+13.0 pts
HHI
8,055
Highly concentrated+6,930
Quarterly Activity
vs Mar 31, 2026
New
2
Increased
6
Decreased
6
Sold Out
2
Unchanged
20
Holder count:
0
Institutional value:
-78.1%
Shares held:
-0.7%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | +85,589 | 228,133 | |
| Large Clear Street Group Inc. | +16,972 | 138,301 | |
| Mega JPMORGAN CHASE & CO | +15,054 | 16,853 | |
| Mid BERKLEY W R CORP | +5,663 | 314,797 | |
| Mid AQR Arbitrage LLC | +903 | 219,120 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Large TORONTO DOMINION BANK | −117,495 | 20,000 | |
| Small METEORA CAPITAL, LLC | −25,012 | 63,988 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | −13,285 | 347,226 | |
| Mega UBS Group AG | −3,128 | 320 | |
| Small Warberg Asset Management LLC | −400 | 71,923 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Mid Shay Capital LLC | 11,378 | $0 | |
| Small Logan Stone Capital, LLC | 13,385 | $0 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small SkyView Investment Advisors, LLC | 10,000 | $115,900 | |
| Micro Legacy Wealth Managment, LLC/ID | 2 | $23 |