Glory Star(GSMG)

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Glory Star(GSMG) - 2019 Q3 - Quarterly Report
2019-11-14 22:29
Financial Performance - For the three months ended September 30, 2019, the company reported a net income of $552,308, with interest income of $1,365,513 and operating costs of $690,455[88]. - For the nine months ended September 30, 2019, the company had a net income of $2,966,101, driven by interest income of $4,423,040 and operating costs of $1,434,041[89]. Cash and Securities - As of September 30, 2019, the company held marketable securities in the Trust Account amounting to $256,286,247[95]. - Cash used in operating activities for the nine months ended September 30, 2019, was $1,209,724, influenced by interest earned on marketable securities[93]. Capital Structure - The company generated gross proceeds of $250 million from its Initial Public Offering, with an additional $6.5 million from the sale of Private Placement Warrants[91]. - The company has a working capital deficit of $80,945 as of September 30, 2019[101]. - An unsecured promissory note of up to $1,100,000 was issued to the Sponsor for working capital loans, with $850,000 outstanding as of September 30, 2019[100]. - The company does not have any long-term debt or off-balance sheet financing arrangements as of September 30, 2019[102]. Strategic Intent - The company intends to utilize funds in the Trust Account primarily for acquiring target businesses and covering related expenses[97]. - The company entered into a Share Exchange Agreement with Glory Star, issuing Exchange Shares valued at $425 million[82].
Glory Star(GSMG) - 2019 Q2 - Quarterly Report
2019-08-14 21:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38631 TKK SYMPHONY ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | |---------------------- ...
Glory Star(GSMG) - 2019 Q1 - Quarterly Report
2019-05-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38631 TKK SYMPHONY ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | |--------------------- ...
Glory Star(GSMG) - 2018 Q4 - Annual Report
2019-03-11 20:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38631 TKK SYMPHONY ACQUISITION CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | |---------------------| ...