EMCGF · Embrace Change Acquisition Corp.
$11.21
At close · Jul 16
Going-concern doubt
— flagged Dec 10, 2025
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that if the Company is unsuccessful in consummating an Initial Business Combination by August 12, 2026 (as of the date of these unaudited interim consolidated financial statements are issued, $75,000 of the required extension payments has not been deposited into the Trust Account), the requirement that the Company cease all operations, redeem the Public Shares and thereafter liquidate and dissolve raises substantial doubt about the Company's ability to continue as a going concern within one year after the date that the unaudited interim consolidated financial statements are issued.”View the 10-Q filed Dec 10, 2025
Market Cap
$27.15M
Shares
2.42M
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: 3
Total Value: $0
Total Shares: 287,441
Institutional Ownership Trend
13 quarters
Quarterly Activity
vs Jun 30, 2025
New
0
Increased
0
Decreased
0
Sold Out
13
Unchanged
3
Holder count:
-13
Institutional value:
—
Shares held:
-85.8%
Top New Positions
vs Jun 30, 2025No new positions this quarter.
Top Sold-Out Positions
vs Jun 30, 2025| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Large TORONTO DOMINION BANK | 338,821 | $0 | |
| Mid AQR Arbitrage LLC | 150,000 | $0 | |
| Mid Polar Asset Management Partners Inc. | 250,000 | $0 | |
| — PROEQUITIES, INC. | 0 | $0 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | 240,948 | $0 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid BERKLEY W R CORP EMCG | — | — | 41,971 | Shares | 2025-11-14 | |
| Small Crossingbridge Advisors, LLC EMCG | — | — | 45,470 | Shares | 2025-11-13 | |
| Mid First Trust Capital Management L.P. EMCG | — | — | 200,000 | Shares | 2025-11-17 |