TDAC
Translational Development Acquisition Corp.
NasdaqGMUSDEQUITY
Financial Services
DELAYED
Last price
10.84
■ 0.00 (0.00%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
10.84
Prev close
10.84
Day high
10.85
Day low
10.83
Volume
7.01K
Market cap
$209.40M
P/E (TTM)
41.71
52W range
10.32 – 10.95
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 3, 21 | PONOMAREV ILYA Director |
SELL | 50.00K | $666.00K | Indirect |
| Dec 1, 20 | GLAZER CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 723.77K | $9.17M | Indirect |
| Nov 19, 20 | GLAZER CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 401.10K | $4.45M | Indirect |
| Nov 19, 20 | GLAZER CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 39.10K | $434.01K | Indirect |
| Oct 26, 20 | PONOMAREV ILYA Chief Executive Officer |
SELL | 330.00K | $3.57M | Indirect |
| Aug 24, 20 | GLAZER CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 1 | $11 | Indirect |
| Jul 13, 20 | HUDSON BAY CAPITAL MANAGEMENT, L.P. Beneficial Owner of more than 10% of a Class of Security |
SELL | 360.00K | $3.92M | Indirect |
| Jul 13, 20 | HUDSON BAY CAPITAL MANAGEMENT, L.P. Beneficial Owner of more than 10% of a Class of Security |
SELL | 360.00K | $3.92M | Indirect |
| Jul 13, 20 | HUDSON BAY CAPITAL MANAGEMENT. L.P. Beneficial Owner of more than 10% of a Class of Security |
SELL | 360.00K | $3.92M | Indirect |
| Feb 4, 20 | BUTKEVYCH GENNADII Director |
BUY | 240.00K | $2.54M | Indirect |
| Feb 4, 20 | PONOMAREV ILYA Chief Executive Officer |
SELL | 240.00K | $2.54M | Indirect |
| Jun 4, 18 | KOMISSAROV VADIM President |
CONVERSION | 209.86K | $2.10M | Direct |
| Jun 4, 18 | PONOMAREV ILYA Chief Executive Officer |
CONVERSION | 549.72K | $5.50M | Indirect |
| Jun 1, 18 | BUTKEVYCH GENNADII Director |
BUY | 500.00K | $5.00M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BUTKEVYCH GENNADII |
Director | — | Purchase |
GLAZER CAPITAL, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
HUDSON BAY CAPITAL MANAGEMENT, L.P. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
HUDSON BAY CAPITAL MANAGEMENT. L.P. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
KOMISSAROV VADIM |
President | 324.86K | Conversion of Exercise of derivative security |
PONOMAREV ILYA |
Director | — | Sale |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-0.05%
+1.3%
1M
+0.93%
-2.8%
3M
+1.74%
-1.4%
6M
+2.80%
-8.3%
YTD
+3.38%
-8.9%
1Y
+5.09%
-14.9%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$209.40M
Enterprise value$238.60M
Revenue (TTM)—
Gross profit—
EBITDA—
Net income$5.54M
EPS (TTM)$0.26
Free cash flow$-355.05K
Total cash$85.88K
Total debt$1.10M
Book value / share$-0.30
Shares outstanding19.31M
Float15.95M
Short % of float0.22%
Dividend yield—
Beta (5Y)—
Short interest
Shares short
38.73K
Prior 2.98K
Change vs prior
+1,201.0%
Shorts adding
% of float
0.22%
Normal
% of shares out
0.18%
Against total outstanding
Days to cover
1.6
Liquid
Float
15.95M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E41.71
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity—
Return on assets-0.49%
Debt / equity—
Current ratio0.06
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | — |
| Selling, general & admin | $944.54K | $196.36K | $485.55K | +381.0% |
| Total operating expense | $944.54K | $196.36K | $485.55K | +381.0% |
| Operating income | -$944.54K | -$196.36K | -$485.55K | -381.0% |
| Pre-tax income | $6.36M | -$71.01K | -$485.55K | +9,059.7% |
| Net income | $6.36M | -$71.01K | -$485.55K | +9,059.7% |
| Net income to common | $6.36M | -$71.01K | -$485.55K | +9,059.7% |
| Basic EPS | 0.29 | -0.02 | -0.11 | +1,550.0% |
| Diluted EPS | 0.29 | -0.02 | -0.11 | +1,550.0% |
| EBIT | -$944.54K | -$196.36K | -$485.55K | -381.0% |
| EBITDA | -$944.54K | -$196.36K | -$485.55K | -381.0% |
| Basic shares | 21.91M | 4.39M | 4.39M | +398.8% |
| Diluted shares | 21.91M | 19.05M | 19.05M | +15.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $29.79K | $438.17K | $2.02K | $2.23K | -93.2% |
| Cash & short-term investments | $29.79K | $438.17K | $2.02K | $2.23K | -93.2% |
| Total current assets | $39.47K | $650.23K | $2.02K | $54.23K | -93.9% |
| Total assets | $181.70M | $175.00M | $2.02K | $437.24K | +3.8% |
| Total current liabilities | $544.07K | $210.30K | $509.68K | $459.39K | +158.7% |
| Current debt | $200.00K | — | $347.50K | $259.00K | — |
| Total debt | $200.00K | — | $347.50K | $259.00K | — |
| Total liabilities | $6.58M | $6.25M | $509.68K | $459.34K | +5.3% |
| Retained earnings | -$6.54M | -$5.60M | -$532.66K | -$47.11K | -16.9% |
| Shareholder equity | $175.12M | $168.75M | -$507.66K | -$22.11K | +3.8% |
| Working capital | -$504.61K | $439.93K | -$507.66K | -$405.17K | -214.7% |
| Net tangible assets | $175.12M | $168.75M | -$507.66K | -$22.11K | +3.8% |
| Shares issued | 21.91M | 21.91M | 19.66M | 19.66M | 0.0% |
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Net income | $6.36M | -$71.01K | -$485.55K | +9,059.7% |
| Change in working capital | $336.15K | -$659.81K | $3.01K | +150.9% |
| Operating cash flow | -$608.39K | -$851.45K | -$204 | +28.5% |
| Investing cash flow | $0 | -$174.22M | $0 | +100.0% |
| Financing cash flow | $200.00K | $175.51M | $0 | -99.9% |
| Free cash flow | -$608.39K | -$851.45K | -$204 | +28.5% |
| End cash position | $29.79K | $438.17K | $2.02K | -93.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | $0 | — |
| Selling, general & admin | $281.16K | $162.34K | $213.66K | $221.13K | $347.41K | +73.2% |
| Total operating expense | $281.16K | $162.34K | $213.66K | $221.13K | $347.41K | +73.2% |
| Operating income | -$281.16K | -$162.34K | -$213.66K | -$221.13K | -$347.41K | -73.2% |
| Net interest income | — | — | $1.87M | — | — | — |
| Pre-tax income | $1.33M | $1.60M | $1.66M | $1.62M | $1.48M | -16.5% |
| Net income | $1.33M | $1.60M | $1.66M | $1.62M | $1.48M | -16.5% |
| Net income to common | $1.33M | $1.60M | $1.66M | $1.62M | $1.48M | -16.5% |
| Basic EPS | 0.06 | — | 0.08 | 0.07 | 0.07 | — |
| Diluted EPS | 0.06 | — | 0.08 | 0.07 | 0.07 | — |
| EBIT | -$281.16K | -$162.34K | -$213.66K | -$221.13K | -$347.41K | -73.2% |
| EBITDA | -$281.16K | -$162.34K | -$213.66K | -$221.13K | -$347.41K | -73.2% |
| Basic shares | 21.91M | — | 21.91M | 21.91M | 21.91M | — |
| Diluted shares | 21.91M | — | 21.91M | 21.91M | 21.91M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $24.63K | $29.79K | $47.15K | $35.26K | $206.60K | -17.3% |
| Cash & short-term investments | $24.63K | $29.79K | $47.15K | $35.26K | $206.60K | -17.3% |
| Total current assets | $75.32K | $39.47K | $80.58K | $156.08K | $415.42K | +90.8% |
| Total assets | $183.35M | $181.70M | $179.98M | $178.18M | $176.60M | +0.9% |
| Total current liabilities | $861.09K | $544.07K | $422.85K | $284.68K | $322.90K | +58.3% |
| Current debt | $500.00K | $200.00K | $100.00K | — | — | +150.0% |
| Total debt | $500.00K | $200.00K | $100.00K | — | — | +150.0% |
| Total liabilities | $6.90M | $6.58M | $6.46M | $6.32M | $6.36M | +4.8% |
| Retained earnings | -$6.82M | -$6.54M | -$6.38M | -$6.17M | -$5.95M | -4.3% |
| Shareholder equity | $176.45M | $175.12M | $173.52M | $171.86M | $170.24M | +0.8% |
| Working capital | -$785.77K | -$504.61K | -$342.26K | -$128.60K | $92.52K | -55.7% |
| Net tangible assets | $176.45M | $175.12M | $173.52M | $171.86M | $170.24M | +0.8% |
| Shares issued | 21.91M | 21.91M | 21.91M | 21.91M | 21.91M | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.33M | $1.60M | $1.66M | $1.62M | $1.48M | -16.5% |
| Change in working capital | -$24.00K | $44.98K | $125.55K | $49.78K | $115.83K | -153.3% |
| Operating cash flow | -$305.16K | -$117.36K | -$88.11K | -$171.34K | -$231.57K | -160.0% |
| Financing cash flow | $300.00K | $100.00K | $100.00K | $0 | $0 | +200.0% |
| Free cash flow | -$305.16K | -$117.36K | -$88.11K | -$171.34K | -$231.57K | -160.0% |
| End cash position | $24.63K | $29.79K | $47.15K | $35.26K | $206.60K | -17.3% |
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders0.00%
Held by institutions79.08%
Institutions holding42
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
10.85
-0.10% from price
SMA 20
10.84
+0.04% from price
SMA 50
10.77
+0.72% from price
SMA 100
10.71
+1.20% from price
SMA 200
10.60
+2.28% from price
EMA 12
10.84
-0.03% from price
EMA 26
10.82
+0.21% from price
EMA 50
10.78
+0.56% from price
RSI (14)
63.8
Neutral
MACD (12,26,9)
0.02
Hist -0.01
ATR (14)
0.04
0.34% of price
Realised vol 30D
2.9%
Annualised
Bollinger upper
10.89
20, 2σ
Bollinger lower
10.79
20, 2σ
50 / 200 cross
Golden
10.77 vs 10.60
Trend bias
Above 200
+2.28%
Risk profile
Beta vs SPY
0.02
Less volatile than market
Correlation to SPY
0.10
Largely independent
Realised vol 30D
2.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-0.8%
Peak to trough
Max drawdown 5Y
-0.8%
Peak to trough
ATR 14
0.04
0.34% of price
Beta (reported)
—
5Y monthly, from filing
SEC filings
Periodic Financial Reports
10-Q · 2026-08-14
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-08-03
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-07-28
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-07-27
Corporate Changes & Voting Matters
8-K · 2026-07-08
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-06-23
Corporate Changes & Voting Matters
8-K · 2026-06-18
Corporate Changes & Voting Matters
8-K · 2026-06-12
Headlines
Translational Development Acquisition, Prologium Secure $50 Million Primary Capital Investment
MT Newswires · 25d ago
ProLogium and Translational Development Acquisition Corp. Announce $50 Million Committed Primary Capital Investment to Support Proposed Business Combination
GlobeNewswire · 25d ago
TDAC Announces ProLogium's Filing of F-4 As Continuing Momentum Towards Merger
PR Newswire · 47d ago
TDAC Announces Very Successful Share Redemption Results in Connection with Extension Vote
PR Newswire · 62d ago
Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal
Reuters · 87d ago
ProLogium, a Next Generation Solid-State Battery Developer with 10+ Years of Proven Commercialization, to List on the Nasdaq through a Merger with Translational Development Acquisition Corp.
GlobeNewswire · 88d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.