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Priveterra Acquisition Corp ii  (NASDAQ: PMGM)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $11.0500 $-0.04 -0.361%
Day's High: $11.06 Week Perf: 0.09 %
Day's Low: $ 11.05 30 Day Perf: 0.55 %
Volume (M): 25 52 Wk High: $ 11.21
Volume (M$): $ 275 52 Wk Avg: $11.01
Open: $11.05 52 Wk Low: $10.91



 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Priveterra Acquisition Corp Ii
Priveterra Acquisition Corp II is a special purpose acquisition company (SPAC) that was established with the purpose of merging or acquiring one or more businesses. It is the second SPAC formed by Priveterra LLC, a private investment firm based in California. The company was listed on the NASDAQ stock exchange with the ticker symbol PTERU. Priveterra Acquisition Corp II aims to identify and acquire high-potential target companies in sectors such as sustainability, clean energy, technology, and industrial sectors. The SPAC's management team consists of experienced financial and investment professionals who have expertise in executing successful mergers and acquisitions. Their goal is to create value for shareholders by completing a merger or acquisition that aligns with their investment strategy.


   Company Address: 1 Park Place Irvine 92614 CA
   Company Phone Number: 787-2910   Stock Exchange / Ticker: NASDAQ PMGM


   

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Priveterra Acquisition Corp Ii

PMGM Announces Third Quarter 2023 Results Among Numerous Entities



In the ever-evolving Blank Checks industry, smaller entities often get overlooked as attention primarily remains focused on large companies. However, PMGM, a small firm in the industry, recently published its third quarter 2023 results, revealing an operating shortfall of $-1.305127 million. This report examines the financial performance of Priveterra Acquisition Corp and highlights the company's current standing within the industry.
PMGM Reports Operating Shortfall:
PMGM announced an operating shortfall of $-1.305127 million for the third quarter of 2023. This conveys a significant decline in operational performance compared to the same period the previous year. Operating predominately during a progress period, such results are not entirely surprising. The firm further reported a net loss of $-1.807 million, indicating an expansion from $-0.769 million during the same quarter in the previous year.
Priveterra Acquisition Corp

Unanticipated Twist as Priveterra Acquisition Corp Reveals Its Q2 2023 Performance Amidst Investor Skepticism



The recently reported financial results of PMGM for the April to June 30, 2023 reporting season came as a surprise to investors, who were not expecting any significant changes in the company's performance. However, the figures revealed an operating deficit of $-3.526 million, indicating a challenging period for the company. This article will delve into the implications of these financial results and how they might impact PMGM going forward.
Operating Deficit Raises Concerns:
Shareholders closely observed PMGM's operating deficit of $-3.526 million during the April to June 30, 2023 reporting season. This deficit reflects a substantial loss in operational efficiency within the organization. It is evident that the company's current business strategy and operational execution have not yielded positive financial outcomes.
Priveterra Acquisition Corp

Priveterra Acquisition Corp Hit with $0.4 Million Tax Charge, Records Operating Shortfall Amid Fiscal Adjustments

The Priveterra Acquisition Corp has recently been in the news due to its earnings cycle and operating shortfall. For investors, it is essential to keep track of the company's revenue and financial health to make informed decisions regarding investments. In the current financial cycle from January to March 31, 2023, investors have not taken into account some adjustments at the top-line when considering the company's earnings. However, shareholders have observed that the Blank Checks company's operating shortfall was at $-1.743485 million during the same period.
Presently, the company has not disclosed its revenue, but to understand the context, it can be compared to the company's performance during the first quarter of 2022, where it reported an operating shortfall of $-0.389073 million. One of the main concerns with an emerging company like PMGM is whether it has sufficient resources to accurately establish prospective revenue streams. The net loss of $2.773 million in the financial interval ending on March 31, 2023, is worrisome for the investment community.









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