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CIIG Merger

Nasdaq:CIIC.U
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CIIC.U
Nasdaq
$278M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

CIIG Merger Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. More info.


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CIIC.U Share Price and Events
7 Day Returns
-0.5%
NasdaqCM:CIIC.U
1%
US Capital Markets
0.5%
US Market
1 Year Returns
-
NasdaqCM:CIIC.U
19.4%
US Capital Markets
20.3%
US Market
CIIC.U Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CIIG Merger (CIIC.U) -0.5% 0% - - - -
US Capital Markets 1% 1.5% 7.4% 19.4% 32.7% 67.4%
US Market 0.5% 2% 9.4% 20.3% 40.4% 54.1%
1 Year Return vs Industry and Market
  • No trading data on CIIC.U.
  • No trading data on CIIC.U.

Value

 Is CIIG Merger undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether CIIG Merger is trading at an attractive price based on the cash flow it is expected to produce in the future. But as CIIG Merger has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for CIIG Merger. This is due to cash flow or dividend data being unavailable. The share price is $10.35.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CIIG Merger's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CIIG Merger's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CIIC.U PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings () in USD Not available
NasdaqCM:CIIC Share Price ** NasdaqCM (2020-02-19) in USD $9.9
United States of America Capital Markets Industry PE Ratio Median Figure of 81 Publicly-Listed Capital Markets Companies 35.97x
United States of America Market PE Ratio Median Figure of 2,894 Publicly-Listed Companies 18.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CIIG Merger.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for CIIG Merger, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does CIIG Merger's expected growth come at a high price?
Raw Data
NasdaqCM:CIIC.U PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 2.79x
United States of America Market PEG Ratio Median Figure of 1,996 Publicly-Listed Companies 1.61x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CIIG Merger, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CIIG Merger's assets?
Raw Data
NasdaqCM:CIIC.U PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings () in USD Not available
NasdaqCM:CIIC Share Price * NasdaqCM (2020-02-19) in USD $9.9
United States of America Capital Markets Industry PB Ratio Median Figure of 154 Publicly-Listed Capital Markets Companies 6.72x
United States of America Market PB Ratio Median Figure of 5,103 Publicly-Listed Companies 1.79x

* Primary Listing of CIIG Merger.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.

Next steps:

  1. Examine CIIG Merger's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through CIIG Merger's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Capital Markets industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess CIIG Merger's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. CIIG Merger has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is CIIG Merger expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CIIG Merger has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.5%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CIIG Merger expected to grow at an attractive rate?
  • Unable to compare CIIG Merger's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CIIG Merger's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare CIIG Merger's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CIIC.U Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CIIC.U Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings () See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CIIG Merger is high growth as no earnings estimate data is available.
  • Unable to determine if CIIG Merger is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CIIC.U Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings () See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CIIG Merger Company Filings, last reported , and in Trailing twelve months (TTM) annual period rather than quarterly.

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CIIG Merger will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine CIIG Merger's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. CIIG Merger's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. CIIG Merger's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess CIIG Merger's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CIIG Merger has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has CIIG Merger performed over the past 5 years?

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, CIIG Merger has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.

Show me the analysis anyway

  • No data on CIIG Merger's last earnings update.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CIIG Merger's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if CIIG Merger's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare CIIG Merger's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare CIIG Merger's 1-year growth to the US Capital Markets industry average as past earnings data has not been reported.
Earnings and Revenue History
CIIG Merger's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CIIG Merger Company Filings, last reported , and in Trailing twelve months (TTM) annual period rather than quarterly.

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if CIIG Merger has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if CIIG Merger has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if CIIG Merger improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.

Next steps:

  1. Examine CIIG Merger'sCIIG Merger's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Past financial records are usually unavailable for companies that have just been established or recently publicly listed, which makes them inherently riskier. Take a look at a list of well-established companies here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Past performance checks
We assess CIIG Merger's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CIIG Merger has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is CIIG Merger's financial health and their level of debt?

In this section we usually analyse CIIG Merger's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. CIIG Merger has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.

Show me the analysis anyway

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CIIG Merger's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as CIIG Merger has not reported sufficient balance sheet data.
  • Unable to establish if CIIG Merger's long term commitments exceed its cash and other short term assets as CIIG Merger has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of CIIG Merger's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if CIIG Merger has a high level of physical assets or inventory without balance sheet data.
  • CIIG Merger has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CIIG Merger Company Filings, last reported .

  • CIIG Merger has no debt.
  • CIIG Merger has not taken on any debt in the past 5 years.
  • CIIG Merger has no debt, it does not need to be covered by operating cash flow.
  • CIIG Merger has no debt, therefore coverage of interest payments is not a concern.

Next steps:

  1. Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. CIIG Merger's cash and debt levels may be found in its annual reports archived here.
  2. Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when CIIG Merger's financial data was last updated here.
  3. Companies with strong financial health are considered a less risky investment. Discover these stocks here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Financial health checks
We assess CIIG Merger's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CIIG Merger has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is CIIG Merger's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CIIG Merger dividends.
If you bought $2,000 of CIIG Merger shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CIIG Merger's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CIIG Merger's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CIIC.U Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1961 Stocks 2.2%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CIIG Merger has not reported any payouts.
  • Unable to verify if CIIG Merger's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CIIG Merger's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CIIG Merger has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CIIG Merger's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CIIG Merger afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CIIG Merger has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of CIIG Merger's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
F. Cuneo
AGE 75
TENURE AS CEO 0.4 years
CEO Bio

Mr. F. Peter Cuneo has been the Executive Chairman of Iconix Brand Group, Inc. since December 2017. Mr. Cuneo has been the Chief Executive Officer and Chairman at CIIG Merger Corp. since September 19, 2019. Mr. Cuneo has served as Chairman of the Board at Iconix Brand Group (Nasdaq: ICON), since January 2019. He served as Interim Chief Executive Officer of Iconix Brand Group Inc. since June 15, 2018 until October 15, 2018. Mr. Cuneo serves as the Managing Principal and Chairman at Cuneo & Co., L.L.C. Mr. Cuneo serves as an Operating Partner at TriArtisan Capital Advisors LLC. He served as an Interim Chief Executive Officer of Iconix Brand Group, Inc. from August 06, 2015 to April 01, 2016. He was the Executive Chairman of Iconix Brand Group, Inc. since August 6, 2015 until December 2016. He served as the President and Chief Executive Officer of Marvel. Mr. Cuneo has more than 35 years experience with global consumer products. He has a distinguished career in leadership roles at world-renowned corporations across industries. Previously, he served as the President and Chief Executive Officer at Marvel Entertainment, LLC (formerly Marvel Entertainment Inc., Marvel Enterprises Inc.) from July 1999 to December 2002. As the Chief Executive Officer of Marvel, Mr. Cuneo led the previously bankrupt company to a prominent position in the entertainment industry increasing annual EBITDA from $2 million in 2000 to $85 million in 2002. He also served as a part-time Special Advisor to the Chief Executive Officer of Marvel Entertainment Inc. from January 1, 2003 to December 2004. Prior to Marvel, from September 1998 to July 1999, Mr. Cuneo served as a Managing Director at Cortec Group Inc. He also served as the President at Black & Decker Corporation's Security Hardware Group as well as the President at Bristol Myers Pharmaceutical Group in Canada. He has also held senior executive positions at W.R. Grace & Company and Clairol. He served as President and Chief Executive Officer of Remington Products Company from 1993 to 1996. Since August 2015 and while not serving as Executive Chairman, Mr. Cuneo has served as Iconix Brand Chairman of the Board. Mr. Cuneo has been the Chairman of Uncorporeal Systems Inc. since February 16, 2017. He serves as Chairman of Valiant Entertainment. From February 1997 until September 1998, Mr. Cuneo was Chairman of Cuneo & Co., L.L.C. since July 1997. He served as Vice Chairman of TNX Television Holdings Inc. since December 2004 and its Director from December 2004 to January 2005. Mr. Cuneo served as the Vice Chairman of Marvel Entertainment Inc. from June 17, 2003 to December 2009 and Director from July 1999 to December 2009. He has been a Director of Iconix Brand Group Inc., since October 19, 2006. He serves as Member of the Board of Directors at National Archives Foundation. He also served as a Director at Waterpik Technologies, Inc. From February 1997 to September 1998. Mr. Cuneo currently serves as Chairman of BeyondView LLC, a virtual reality technology company, since 2017. He served as a Director at Remington Products Co. LLC. He served as a Director at Jandy, Inc. since 2001. Mr. Cuneo served as a Director at PolarityTE, Inc. (formerly Majesco Entertainment Co., Majesco Holdings Inc.) from October 18, 2004 to December 15, 2005. He also served as an Lieutenant and Officer in the United States Navy during the Vietnam War. Mr. Cuneo holds an M.B.A. from the Harvard Business School in 1973 and a BS degree from Alfred University in Ceramic Engineering.

CEO Compensation
  • Insufficient data for F. to compare compensation growth.
  • Insufficient data for F. to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the CIIG Merger management team in years:

0.4
Average Tenure
53
Average Age
  • The average tenure for the CIIG Merger management team is less than 2 years, this suggests a new team.
Management Team

F. Cuneo

TITLE
Chairman & CEO
AGE
75
TENURE
0.4 yrs

Gavin Cuneo

TITLE
COO & Director
AGE
43
TENURE
0.4 yrs

Michael Minnick

TITLE
Chief Investment Officer & Director
AGE
53
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the CIIG Merger board of directors in years:

0.2
Average Tenure
60
Average Age
  • The average tenure for the CIIG Merger board of directors is less than 3 years, this suggests a new board.
Board of Directors

F. Cuneo

TITLE
Chairman & CEO
AGE
75
TENURE
0.4 yrs

Gavin Cuneo

TITLE
COO & Director
AGE
43
TENURE
0.4 yrs

Michael Minnick

TITLE
Chief Investment Officer & Director
AGE
53
TENURE
0.4 yrs

Dave Flowers

TITLE
Independent Director
AGE
65
TENURE
0.2 yrs

Ken West

TITLE
Independent Director
AGE
60
TENURE
0.2 yrs

Kristen O’Hara

TITLE
Independent Director
AGE
49
TENURE
0.2 yrs

Chris Rogers

TITLE
Independent Director
AGE
60
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess CIIG Merger's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CIIG Merger has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

CIIG Merger Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in New York, New York.

Details
Name: CIIG Merger Corp.
CIIC.U
Exchange: NasdaqCM
Founded: 2019
$278,437,500
28,125,000
Website: http://
Address: CIIG Merger Corp.
40 West 57Th Street,
Floor 29,
New York,
New York, 10019,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CIIC Class A Common Stock Nasdaq Capital Market US USD 03. Feb 2020
NasdaqCM CIIC.U Units Nasdaq Capital Market US USD 13. Dec 2019
Number of employees
Current staff
Staff numbers
0
CIIG Merger employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/21 02:49
End of day share price update: 2020/02/19 00:00
Last earnings filing: N/A
Last earnings reported: N/A
Last annual earnings reported: N/A


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.