Magnetic North Acquisition Corp. (V:MNC)
Business Focus: Venture Capital
Insider Filings
Latest 10 SEDI filings for MNC within the last 6 months
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Company News
Dec 31, 2024 11:05 ET
/C O R R E C T I O N -- Magnetic North Acquisition Corp./
In the news release, MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.8 MILLION), issued 30-Dec-2024 by Magnetic North Acquisition Corp. over CNW, we are advised by the company that the sixth paragraph, second sentence, should read "MNC.PR.A" rather than "MNC.PN.A" as originally issued inadvertently. The complete, corrected release follows:
Dec 30, 2024 15:15 ET
MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.8 MILLION)
/**NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS**/
Valuation Ratios
Industry
Sector
Beta
6.58
--
--
Price to Sales - TTM
27.09
8.24
6.32
Price to Book - most recent quarter
--
1.06
1.78
Price to Cash Flow per share - TTM
--
1.56
10.75
Price to Free Cash Flow per share - TTM
--
32.17
16.80
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Dec 31, 2024 | 923 | 810 |
| Dec 15, 2024 | 113 | -127 |
| Nov 30, 2024 | 240 | -1,900 |
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, oilfield services, consumer products, and technology (software and hardware) sectors. The Company invests and manages businesses on behalf of its shareholders.
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