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RMGCF
Upturn stock ratingUpturn stock rating

RMG Acquisition Corp. III (RMGCF)

Upturn stock ratingUpturn stock rating
$9.82
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: RMGCF (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 3.19%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 124.03M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.02
52 Weeks Range 9.75 - 10.20
Updated Date 04/1/2025
52 Weeks Range 9.75 - 10.20
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.49

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.22%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 124566586
Price to Sales(TTM) -
Enterprise Value 124566586
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA 20.11
Shares Outstanding 4055080
Shares Floating 558639
Shares Outstanding 4055080
Shares Floating 558639
Percent Insiders 97.79
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

RMG Acquisition Corp. III

stock logo

Company Overview

overview logo History and Background

RMG Acquisition Corp. III was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was not a operating company with a long history.

business area logo Core Business Areas

  • SPAC Formation: RMG Acquisition Corp. III's core function was to identify and merge with a private company, enabling it to become publicly traded. There are no core products or services until an acquisition occurs.

leadership logo Leadership and Structure

As a SPAC, the leadership typically consisted of a management team with experience in finance and mergers and acquisitions. The structure was relatively simple, focused on deal sourcing and execution. The identified mangement team was: Robert Mancini (Chairman and Chief Executive Officer); Kevin Hart (Chief Operating Officer); Phil Kuntz (Chief Financial Officer).

Top Products and Market Share

overview logo Key Offerings

  • SPAC Listing: RMG Acquisition Corp. III offered a path to public markets for a private company. Market share is not applicable to SPACs prior to a merger.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced periods of high activity and subsequent corrections. Regulatory scrutiny and investor sentiment significantly impact the viability of SPACs. RMG Acquisition Corp. III operated in the financial sector, specifically within the market for mergers and acquisitions involving special purpose acquisition companies (SPACs).

Positioning

RMG Acquisition Corp. III was one of many SPACs seeking a suitable target. Its competitive advantage, if any, would lie in its management team's experience and deal-sourcing capabilities.

Total Addressable Market (TAM)

The TAM is dependent on the number of private companies seeking to go public and the overall SPAC market conditions. RMG Acquisition Corp. III's position within this TAM was determined by its ability to attract a high-quality target company.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team (depending on team composition)
  • Access to Public Capital Markets
  • Opportunity to Identify a High-Growth Target

Weaknesses

  • Dependence on Finding a Suitable Target
  • Limited Operating History
  • Potential for Conflicts of Interest
  • Market volatility impacts deal completion

Opportunities

  • Growing Demand for Alternative Public Offerings
  • Attractive Valuations in Certain Sectors
  • Potential for Significant Value Creation Through Merger

Threats

  • Increased Regulatory Scrutiny of SPACs
  • Competition from Other SPACs and Traditional IPOs
  • Economic Downturn Impacting Target Companies
  • Changes in investor sentiment

Competitors and Market Share

competitor logo Key Competitors

  • Other SPACs

Competitive Landscape

The SPAC market is highly competitive. Success depends on deal sourcing, due diligence, and the ability to attract investor support for the merger.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth was contingent on the successful completion of a merger.

Future Projections: Future projections depended entirely on the performance of the target company after the merger.

Recent Initiatives: Initiatives were focused on identifying and negotiating a merger agreement.

Summary

RMG Acquisition Corp. III was a blank-check company whose success hinged on finding a suitable acquisition target. As with all SPACs, it faced significant market and regulatory risks. Its strengths would be its management team's deal-sourcing and execution abilities. Threats included increased regulatory scrutiny and competition from other SPACs. This company has no reported acquisition.

Similar Companies

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Sources
  • SPAC Analytics Websites

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. The SPAC market is volatile, and investment decisions should be made with caution.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About RMG Acquisition Corp. III

Exchange NASDAQ
Headquaters Miami Beach, FL, United States
IPO Launch date -
CEO & Director Mr. Robert S. Mancini J.D.
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

RMG Acquisition Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. RMG Acquisition Corp. III was incorporated in 2020 and is based in Miami Beach, Florida. RMG Acquisition Corp. III is a subsidiary of RMG Sponsor III, LLC.

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