Zura Bio (ZURA): 3-year performance

Zura Bio, the clinical-stage immunology company entered the public markets on March 21, 2023, by completing a reverse merger with the special purpose acquisition company (SPAC) JATT Acquisition Corp.

 

Zura Bio develops therapeutic medicines for immune and inflammatory disorders, with a pipeline that includes product candidates like tibulizumab (ZB-106), crebankitug (ZB-168), and torudokimab (ZB-880).

• Founded 2022
• Website zurabio.com
• Employees 40
• https://zurabio.com/

IPO: March 21, 2023

Dragonfly Energy (DFLI) : 3-year performance

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. 

• Sector: Industrials
• Industry: Electrical Equipment & Parts
• Full Time Employees: 139
• Headquartered in Reno, Nevada
• https://dragonflyenergy.com

Dragonfly Energy went public via a special purpose acquisition company (SPAC) merger, and its common stock and warrants began trading on the Nasdaq under the symbols DFLI and DFLIW.  

IPO Date: October 10, 2022.

Method: SPAC merger.

Exchange: Nasdaq.

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Edible Garden (EDBL) : 3-year performance

 

 

 

Black Rifle Coffee Co. (BRCC) reported earnings on Mon 5 May 25 (a/h)

BRC Inc. operates as a veteran-controlled, non-alcoholic beverage company that uniquely blends high-quality coffee production with military and firearms-themed merchandise.

• Sector: Consumer Defensive
• Industry: Packaged Foods
• Full Time Employees: 551
• Founded in 2014 
• HQ in Salt Lake City, Utah
• https://www.blackriflecoffee.com

IPO: February 10, 2022 via a merger with a special purpose acquisition company, or SPAC, affiliate of SilverBox Capital

ticker: BRCC

 ** charts after earnings **

SALT LAKE CITY--(BUSINESS WIRE)--BRC Inc. (NYSE: BRCC), a Veteran-founded, mission-driven premium beverage company, today announced financial results for the first quarter of fiscal year 2025.

• In Q1 2025, packaged coffee distribution increased by 12.2 percentage points to 50.2% ACV and Ready-to-Drink ("RTD") coffee distribution grew by 5.1 percentage points to 47.9% ACV compared to Q1 2024.
• Wholesale revenue declined 6.0% compared to Q1 2024, primarily due to the net reduction of $8.5 million in prior-year barter transaction revenue.
• Net loss was $7.8 million in Q1 2025, a decrease of $9.7 million compared to net income of $1.9 million in Q1 2024. Adjusted EBITDA was $0.9 million, down $11.6 million from $12.5 million in Q1 2024.

indie Semiconductor (INDI) : 3-year performance

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, driver automation, in-cabin, connected car, and electrification applications. 

Sector: Technology

• Industry: Semiconductor Equipment & Materials
• Full Time Employees: 920
• Founded in 2007 
• Headquartered in Aliso Viejo, California
• https://www.indie.inc

IPO: June 10, 2021, via business combination with Thunder Bridge Acquisition II, Ltd. (Nasdaq: THBR)

Marqeta (MQ) : 3-year performance

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. 

• Sector: Technology
• Industry: Software - Infrastructure
• Full Time Employees: 854
• Incorporated in 2010 
• founded by Jason M. Gardner in 2010
• Headquartered in Oakland, California
• https://www.marqeta.com

IPO: June 9, 2021

Ticker: MQ

Orion Office REIT (ONL) : 3-year performance

Orion Office REIT, Inc. acts as a real estate investment trust. It engages in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients. 

• Sector: Real Estate
• Industry: REIT - Office
• Full Time Employees: 38
• Founded: Nov 12, 2021
• Headquarters: Phoenix, Arizona
• Spinoff from Realty Income (O); Nov 15, 21
• https://www.onlreit.com

 

 

 

Society Pass (SOPA) : 3-year performance

Society Pass is an acquisitions focused e-commerce company building the next-generation digital ecosystem in SEA and South Asia.

It acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Indonesia, Vietnam, Philippines, Singapore, the United States, Thailand, Malaysia, and Hong Kong. It operates through Online Grocery and Food and Groceries Deliveries, Digital Marketing, Online Ticketing and Reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments. 

The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. 

• Sector: Technology
• Industry: Software - Application
• Founded by Luan Thuc Nguyen on June 22, 2018
• Headquartered in Singapore
• https://thesocietypass.com

IPO: Tue 9 Nov 21

Ticker: SOPA

 

 

 

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Flywire (FLYW) : 3-year performance

Flywire Corp. is a payments enablement and software company. The firm engages in providing vertical-specific software and payments technology to embed within the existing accounts receivable (AR) workflows for clients across the education, healthcare, travel vertical markets, and business-to-business (B2B) industries. It also integrates with enterprise resource planning (ERP) systems, such as NetSuite, which allows organizations to optimize the payment experience of customers.

The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. 

• Sector:     Technology 
• Industry: Software - Infrastructure
• Full Time Employees:     1,400
• Founded by Marcaide Marchite Iker in 2009 
• Headquartered in Boston, Massachusetts
• https://www.flywire.com

DatChat (DATS) : 3-year performance

DatChat Messenger allows users to change how long their messages can be viewed before or after they send them, completely prevent screenshots and hide encrypted messages in plain site on their camera roll. DatChat's patent pending technology offers users a traditional texting experience while providing control and security for their messages. With DatChat Messenger a user can decide how long their messages lasts on the recipients device, while feeling secure that at any time, they can delete a message or entire conversations, making it like the conversation never even happened.

• Sector: Technology
• Industry: Software - Application
• Full Time Employees: 12
• Founded by Darin M. Myman and Peter Shelus on December 4, 2014 
• Headquartered in New Brunswick, New Jersey
• https://www.datchat.com

 

 

Palladyne AI (PDYN) : 3-year performance

Palladyne AI Corp. is an American company known for most of its existence primarily as a developer of robots. 

• Palladyne was founded in 1983 as Sarcos Research Corporation. 

• Sarcos Research (STRC) went public on Sept 27, 2021 via business combination with Rotor Acquisition Corp.
• 
  In 2023, Sarcos "pivoted" to become a developer of artificial-intelligence software, specifically for robotic applications. This pivot was accompanied by a cessation of all operations involving hardware. 
• In March 2024, Sarcos changed its name to Palladyne AI.  The company’s ticker symbols have changed from Nasdaq: STRC to Nasdaq: PDYN.

Sector: Technology

Industry: Software - Infrastructure

Full Time Employees: 70

Headquartered in Salt Lake City, Utah

https://www.palladyneai.com

Absci (ABSI) : 3-year performance

Absci Corp. is the drug and target discovery company harnessing deep learning AI and synthetic biology to expand the therapeutic potential of proteins. It partners with pharma and biotech innovators to create the next generation of protein-based drugs.

• Sector: Healthcare
• Industry: Biotechnology
• Full Time Employees: 140
• Founded by Sean McClain in 2011 
• Headquartered in Vancouver, Washington
• https://www.absci.com

IPO: July 22, 2021; shares priced at $16

Ticker: ABSI 

 

 

 

 

 

Xilio Therapeutics (XLO) : 3-year performance

Xilio Therapeutics, Inc., a clinical-stage biotechnology company, engages in the discovery and development of tumor-activated immuno-oncology therapies. 

• Sector: Healthcare
• Industry: Biotechnology
• Full Time Employees: 73
• Founded in 2016 
• Headquartered in Waltham, Massachusetts
• https://xiliotx.com

Ticker: XLO

October 22, 2021 : initial public offering of 7,353,000 shares of its common stock at a price to the public of $16.00 per share.