MultiPlan Corp
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
CTEV$28.67+19.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Shareholders' Equity
(in thousands, except share data)
| Common Stock Issued(1) · Additional Paid-in Capital(1) · Accumulated Other Comprehensive Loss · RetainedDeficit · Treasury stock(1) · TotalShareholders’Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at beginning of period | 16,885,954 | $2 | $2,358,939 | $(1,121) | $(1,615,723) | (742,859) | $(138,733) | $603,364 |
| Stock Incentive Plans | 1,742 | — | 6,788 | — | — | — | — | 6,788 |
| Loss arising during the period on Interest rate swaps | — | — | — | (12,686) | — | — | — | (12,686) |
| Reclassification adjustments for gains included in net loss (interest expense) | — | — | — | 1,345 | — | — | — | 1,345 |
| Issuance of common stock in connection with employee stock purchase plan | 26,360 | — | 201 | — | — | — | — | 201 |
| Net loss | — | — | — | — | (391,450) | — | — | (391,450) |
| Balance at end of period | 16,914,056 | $2 | $2,365,928 | $(12,462) | $(2,007,173) | (742,859) | $(138,733) | $207,562 |
| (1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting. | ||||||||
| Common Stock Issued(1) · Additional Paid-in Capital(1) · Accumulated Other Comprehensive Loss · RetainedDeficit · Treasury stock(1) · TotalShareholders’Equity | ||||||||
| Shares · Amount · Shares · Amount | ||||||||
| Balance at beginning of period | 16,684,531 | $2 | $2,338,574 | $— | $(443,771) | (447,512) | $(126,285) | $1,768,520 |
| Stock Incentive Plans | 137 | — | 4,835 | — | — | — | — | 4,835 |
| Tax withholding related to vesting of equity awards | — | — | (4) | — | — | — | — | (4) |
| Gains arising during the period on Interest rate swaps | — | — | — | 936 | — | — | — | 936 |
| Reclassification adjustments for gains included in net loss (interest expense) | (554) | $(554) | ||||||
| Net loss | — | — | — | — | (24,145) | — | — | (24,145) |
| Balance at end of period | 16,684,668 | $2 | $2,343,405 | $382 | $(467,916) | (447,512) | $(126,285) | $1,749,588 |
(1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting.
Unaudited Condensed Consolidated Statements of Shareholders' Equity
(in thousands, except share data)
| Common Stock Issued(1) · Additional Paid-in Capital(1) · Accumulated Other Comprehensive Loss · RetainedDeficit · Treasury stock(1) · TotalShareholders’Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at beginning of period | 16,695,207 | $2 | $2,348,570 | $(11,778) | $(499,307) | (487,223) | $(128,363) | $1,709,124 |
| Stock Incentive Plans | 155,564 | — | 19,673 | — | — | — | — | 19,673 |
| Tax withholding related to vesting of equity awards | — | — | (3,355) | — | — | — | — | (3,355) |
| Loss arising during the period on Interest rate swaps | — | — | — | (5,130) | — | — | — | (5,130) |
| Reclassification adjustments for gains included in net loss (interest expense) | — | — | — | 4,446 | — | — | — | 4,446 |
| Repurchase of common stock | — | — | — | — | — | (255,636) | (10,370) | (10,370) |
| Issuance of common stock in connection with employee stock purchase plan | 63,285 | — | 1,040 | — | — | — | — | 1,040 |
| Net loss | — | — | — | — | (1,507,866) | — | — | (1,507,866) |
| Balance at end of period | 16,914,056 | $2 | $2,365,928 | $(12,462) | $(2,007,173) | (742,859) | $(138,733) | $207,562 |
| (1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting. | ||||||||
| Common Stock Issued(1) · Additional Paid-in Capital(1) · Accumulated Other Comprehensive Loss · RetainedDeficit · Treasury stock(1) · TotalShareholders’Equity | ||||||||
| Shares · Amount · Shares · Amount | ||||||||
| Balance at beginning of period | 16,657,259 | $2 | $2,330,509 | $— | $(347,800) | (677,935) | $(192,169) | $1,790,542 |
| Stock Incentive Plans | 27,409 | — | 13,357 | — | — | — | — | 13,357 |
| Tax withholding related to vesting of equity awards | — | — | (461) | — | — | — | — | (461) |
| Stock consideration paid for BST acquisition | — | — | — | — | $(59,810) | 539,716 | 79,024 | 19,214 |
| Gains arising during the period on Interest rate swaps | — | — | — | 936 | — | — | — | 936 |
| Reclassification adjustments for gains included in net income (interest expense) | — | — | — | (554) | — | — | — | (554) |
| Repurchase of common stock | — | — | — | — | — | (309,293) | (13,140) | (13,140) |
| Net loss | — | — | — | — | (60,306) | — | — | (60,306) |
| Balance at end of period | 16,684,668 | $2 | $2,343,405 | $382 | $(467,916) | (447,512) | $(126,285) | $1,749,588 |
| (1)Shares, common stock and additional paid-in capital have been retroactively adjusted for all periods presented to reflect the one-for-forty (1-for-40) reverse stock split that became effective on September 20, 2024. See Note 1 General Information and Basis of Accounting. | ||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.