Company Information

  

Address: C/O MAGNA MANAGEMENT LLC
40 WALL STREET, 58TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10005 
Telephone: 347-491-4240 

Description of Business

Primary SIC Code: 6770
(As filed with the SEC)  

M I Acquisitions, Inc. is a blank check company formed under the laws of the State of Delaware on April 23, 2015. We were formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, with one or more target businesses. Our efforts to identify a prospective target business are not be limited to any particular industry or geographic region, although we initially focused our search on target businesses operating in the technology, media and telecommunications industries. On September 19, 2016, we consummated our initial public offering ("IPO") of 5,000,000 units. Each Unit consists of one share of common stock ("Common Stock"), and one warrant ("Public Warrant") to purchase one share of Common Stock at an exercise price of $11.50 per share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $50,000,000.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.02Total Liab/Total Assets0.03
Net Inc/Total Assets0.00Total Liab/Inv Cap0.03
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.28
Pretax Inc/Net SalesNAInterest Coverage RatioNA
Net Inc/Net SalesNACurr Debt/Equity0.01
Cash Flow/Net SalesNALTD/EquityNA
SG&A/NetSalesNATotal Debt/Equity0.01
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio0.47
Inventory TurnoverNACurrent Ratio0.47
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) NA NA NA NA
Cost of Goods Sold 0.29 0.12 0.37 0.13
Selling & Admin Exps 0.03 0.03 0.03 0.03
Operating Income -0.32 -0.15 -0.40 -0.16
Interest Exp NA NA NA NA
Pretax Income -0.15 -0.01 0.15 -0.08
Other Income 0.17 0.13 0.55 0.09
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.15 -0.01 0.15 -0.08

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.04 0.17 0.48 0.12
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets 0.08 0.18 0.51 0.24
Net Property, Plant & Equipment NA NA NA NA
Total Assets 55.46 55.26 55.46 55.07
Liabilities        
Accounts Payable 0.70 0.35 0.53 0.29
Debt in Current Liabilities 0.04 0.04 0.04 0.04
Total Current Liabilities 0.74 0.39 0.57 0.33
Long-Term Debt NA NA NA NA
Total Liabilities 1.80 1.45 1.64 1.39
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -0.39 -0.24 -0.23 -0.38
Treasury Stock NA NA NA NA
Total Stockholders' Equity 5.00 5.00 5.00 5.00
Total Liabilities and Stockholders' Equity 6.80 6.45 6.64 6.39

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -0.14 -0.31 0.35 0.02
Net Cash Provided by Investing Activities -0.13 0.00 0.00 -0.02
Net Cash Provided by Financing Activities 0.13 0.00 0.00 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.00-0.01--
12/20160.00-0.11--
12/20170.00-0.12--
Growth RatesNaN----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18123,466--




Report Date : 7/9/2018

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