Magnetic North Acquisition Corp. (V:MNC)
Business Focus: Venture Capital
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Insider Filings
Latest 10 SEDI filings for MNC within the last 6 months
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Company News
May 08, 2024 17:35 ET
MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES ISSUANCE OF MANAGEMENT CEASE TRADE ORDER BY ASC
CALGARY, AB and TORONTO, May 8, 2024 /CNW/ - Magnetic North Acquisition Corp. (TSXV: MNC) (TSXV: MNC.PR.A) ("Magnetic North" or the "Company") announces that its principal regulator, the Alberta Securities Commission (the "ASC"), has accepted the Company's request for, and the ASC has granted, a management cease trade order (the "MCTO").
Apr 30, 2024 16:00 ET
/C O R R E C T I O N -- Magnetic North Acquisition Corp./
The updated release reflects comments from the ASC:
Valuation Ratios
Industry
Sector
Beta
7.33
--
--
Price to Sales - TTM
--
2.14
4.82
Price to Book - most recent quarter
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1.06
1.76
Price to Cash Flow per share - TTM
--
5.86
9.03
Price to Free Cash Flow per share - TTM
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19.20
19.23
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 1,864 | 1,575 |
| Apr 15, 2024 | 289 | -21 |
| Mar 31, 2024 | 310 | 282 |
Business Summary
| Sector: Financials | Industry: Investment Management & Fund Operators |
Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, consumer products, manufacturing and information technology sectors.
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