Latest revenue
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Latest net income
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Net margin
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Price · 5Y
Live market
delayed ≤15 min- Market cap
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- Enterprise value
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- P/E (trailing)
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- Forward P/E
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- P/B
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- Dividend yield
- 0.0%
- 52-wk high
- $10.50
- 52-wk low
- $10.03
- Beta
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- Shares out
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5-year trend
What this company does
ITEM 1. BUSINESS. Overview We are a blank check company incorporated on May 22, 2024, as a Cayman Islands exempted company, for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, or the business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an initial business combination in any business or industry, we expect to focus on a target in industries that complement our management team’s…
AI summary unavailable — showing raw filing excerpt
Generated from FERA's filing dated 2026-03-31
Key risks
ITEM 1.A. RISK FACTORS. Risks Relating to our Initial Business Combination and Operations Our Public Shareholders may not be afforded an opportunity to vote on our proposed initial business combination, and even if we hold a vote we may complete our initial business combination even though a majority of our Public Shareholders do not support such a combination. We may choose not to hold a shareholder vote to approve our initial business combination unless the business combination would require shareholder approval under applicable law or stock exchange listing requirements. In such case, the decision as to whether we will seek shareholder approval of a proposed business combination or will…
AI summary unavailable — showing raw filing excerpt
Generated from FERA's filing dated 2026-03-31
Profitability
Return on equity
-204.4%
Return on assets
11.4%
Leverage
Debt / equity
-18.89×
353.6%Debt / assets
105.6%
19.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q4 2025 2025-12-31 | — | — | $24.8M | — | — |
Q3 2025 2025-09-30 | — | — | $929.0K | — | — |
Q2 2025 2025-06-30 | — | — | $895.8K | — | — |
Q1 2025 2025-03-31 | — | — | $621.6K | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Blank Checks · SIC 6770
Your notes
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2025-09-04 | Fifth Era Acquisition Sponsor I LLC / Fifth Era Management Sponsor I LLC / Matthew C Le Merle / Alison Davis / Mitchell Mechigian 10%+ owner | Salederiv. | 922,313 | — | — |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FERA
Institutional value
$46.5M
Total shares held
4.8M
Distinct holders
15
-33 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Magnetar Financial LLC | 1.5M | $15.4M | +0 (+0.0%) | No change |
| 2 | Hudson Bay Capital Management LP | 650.0K | $6.7M | +0 (+0.0%) | No change |
| 3 | Alberta Investment Management Corp | 500.0K | $5.2M | -500.0K (-50.0%) | Trimmed |
| 4 | PICTON MAHONEY ASSET MANAGEMENT | 500.0K | $5.2M | +0 (+0.0%) | No change |
| 5 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 350.0K | $3.6M | -50.0K (-12.5%) | Trimmed |
| 6 | Context Capital Management, LLC | 300.0K | $3.1M | +0 (+0.0%) | No change |
| 7 | Wealthspring Capital LLC | 231.4K | $2.4M | -3.1K (-1.3%) | Trimmed |
| 8 | MIZUHO SECURITIES USA LLC | 134.4K | $1.4M | +69.2K (+106.1%) | Added |
| 9 | DLD Asset Management, LP | 121.5K | $1.3M | +0 (+0.0%) | No change |
| 10 | WOLVERINE ASSET MANAGEMENT LLC | 75.2K | $774.1K | — | New |
| 11 | Bulldog Investors, LLP | 51.0K | $524.3K | -21.4K (-29.6%) | Trimmed |
| 12 | DELTEC ASSET MANAGEMENT LLC | 50.0K | $514.5K | +0 (+0.0%) | No change |
| 13 | BNP PARIBAS FINANCIAL MARKETS | 47.3K | $486.5K | — | New |
| 14 | JPMORGAN CHASE & CO | 2.7K | $27.8K | — | New |
| 15 | Mint Tower Capital Management B.V. | 300.0K | $3.1K | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once FERA's latest filing finishes processing.