STNL SEC filings, in plain English
Everything Sentinel Energy Services Inc. has filed with the SEC that we hold — 40 filings, newest first, 5 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“Resources” above. The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“Agreement” in Note 4. The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause “TATEMENTS MARCH 31, 2023 The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“of the assets in the Trust Account on November 8, 2019. This raises substantial doubt about our ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1 to the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause “SED FINANCIAL STATEMENTS The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause “SED FINANCIAL STATEMENTS The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause “SED FINANCIAL STATEMENTS The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern for one year following the issuance of these financial statements. These adverse”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
combination deadline, going-concern doubt, sponsor loans outstandingnothing moved · 3 with no prior record of ours
- Combination deadline
- 2019-11-07not matched in this filing
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $5.2Mnot matched in this filing
The clause “Class A common stock at $10.00 per share on May 3, 2021. Mandatory Liquidation, Going Concern and Liquidity We were unable to complete an initial business combination by the November 7, 2019 deadline under our Charter and so we commenced”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“advances or contributions to the Company, or both. Mandatory Liquidation, Going Concern and Liquidity We were unable to complete an initial business combination by the November 7, 2019 deadline under our Charter and so we commenced”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“advances or contributions to the Company, or both. Mandatory Liquidation, Going Concern and Liquidity We were unable to complete an initial business combination by the November 7, 2019 deadline under our Charter and so we commenced”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2020-11-02going concern APPEARED
going-concern doubt, combination deadline1 moved · 1 with no prior record of ours
- Going-concern doubt
- not statedstated
- Combination deadline
- 2019-11-07not matched in this filing
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“advances or contributions to the Company, or both. Mandatory Liquidation, Going Concern and Liquidity We were unable to complete an initial business combination by the November 7, 2019 deadline under our Charter and so we commenced”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2020-03-16going concern APPEARED
going-concern doubt, sponsor loans outstanding, trust account +11 moved · 3 with no prior record of ours
- Going-concern doubt
- not statedstated
- Sponsor loans outstanding
- not previously extracted$5.2M
- Trust account
- $350.1Mnot matched in this filing
- Combination deadline
- 2019-11-07 · unchanged
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“outstanding, all of which are held by our Sponsor. Mandatory Liquidation, Going Concern and Liquidity We were unable to complete an initial business combination by the November 7, 2019 deadline under our Charter and so we commenced”…
The clause …“of the Sponsor. To fund ongoing expenses and operations, the Company borrowed $5,211,417 from the Sponsor in 2019 and 2020, all of which has been converted into shares of the Company’s Class A common stock. The funds were”…
The clause …“F- 12 SENTINEL ENERGY SERVICES INC. NOTES TO FINANCIAL STATEMENTS An initial business combination was not completed by November 7, 2019, and therefore, the proceeds from the sale of the Private Placement Warrants held in the Trust”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Q3 2020 10-Q of the post-liquidation shell. There is still no trust and no investment income; cash is down to about $6,200 against a working capital deficit of about $228,000 and current liabilities of about $294,000. Going concern is again stated and then alleviated by the Sponsor, which funded about $1,830,000 in Q1 and converted $5,211,417 of notes and advances into 521,142 Class A shares. Class A outstanding is 543,411 at November 2, 2020, up from 523,642 in August, alongside 862,500 Class B. Why it matters: Twelve months after redeeming its public shareholders at about $10.30, the registrant still files, still owes, and still depends on its sponsor for cash - a trust-less shell whose share count drifts upward as insider debt converts. Every trust and per-share figure in this document belongs to periods that ended in 2019 and none was written to any status, trust or price field.
trust account, combination deadlinenothing moved · 2 with no prior record of ours
- Trust account
- $4.5Mnot matched in this filing
- Combination deadline
- 2019-11-07 · unchanged
The clause …“to any Founder Shares held by them if we failed to complete the initial business combination by November 7, 2019. However, if our Sponsor or any of our directors, officers or affiliates acquired shares of Class A common stock in”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Q2 2020 10-Q of a shell that liquidated its trust in November 2019: there is no trust and no investment income this quarter or half ($nil against $2,624,311 and $4,518,694 in the 2019 comparatives), and expenses are down to $33,759 for the quarter. Going concern is stated and then alleviated by the sponsor - the company lacks sufficient liquidity for future obligations but has access to Sponsor funds - with a working capital deficit of about $407,000 and cash of about $11,000. The Sponsor's $5,211,417 of notes and advances converted into 521,142 Class A shares. Why it matters: The registrant is a corporate residue: no securities under Section 12(b), no trust, $11,000 of cash, and a capital structure that now exists mainly to record what the sponsor put in. Any figure here labelled trust belongs to the 2019 comparative period, and the approximately $10.30 per-share redemption is a completed 2019 event, not a live price. Nothing was written to a status, trust or price field.
What changed vs 2020-05-12trust $345.0M → $4.5M -99%trust account, combination deadline1 moved · 1 with no prior record of ours
- Trust account
- $345.0M$4.5M
- Combination deadline
- 2019-11-07 · unchanged
SpacBrain reads this as $340,481,306 left the trust between the two filings.
The clause …“in operating activities: Investment income earned on marketable securities held in Trust Account — ( 4,518,694 ) Changes in operating assets and liabilities: Prepaid expenses 37,397 17,500 Accounts payable and accrued expenses (”…
The clause …“to any Founder Shares held by them if we failed to complete the initial business combination by November 7, 2019. However, if our Sponsor or any of our directors, officers or affiliates acquired shares of Class A common stock in”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Item 5.02: on May 28, 2020 Jon A. Marshall and Marc Zenner each resigned from the board of directors of Sentinel Energy Services Inc., effective immediately. The report states the resignations were not due to any disagreement with the Company. The cover page also states that the registrant's common stock is not listed on a stock exchange or quoted on an over-the-counter market, so there is no public market for it as of the date of the report. Why it matters: Two directors leaving at once at a SPAC that no longer has a listed security is a wind-down signal rather than a governance refresh. The 'no disagreement' language is the standard Item 5.02 formula and carries no further information. The report names no replacements, no committee consequences, no trust figure and no deadline, so nothing here says what the remaining board intends to do.
What changed: Q1 2020 10-Q of a shell whose trust is already gone: the public shares were redeemed at about $10.30 after the November 7, 2019 deadline passed, warrants were bought out at $0.02 each ($225,990 paid in December 2019), and the remaining $1,152,035 was distributed to former public holders on May 4, 2020 as a subsequent event. There is no trust income this quarter ($nil against $1,894,383 a year earlier) and the net loss is $46,173. On March 31, 2020 the Sponsor converted $5,211,417 of notes and advances into stock, so Class A outstanding went from zero at March 16 to 521,142 at May 11, 2020. Why it matters: Going concern is stated and then explicitly alleviated by the sponsor rather than by the company: management says it does not have sufficient liquidity to meet future obligations but has access to Sponsor funds, having received about $1,830,000 during the quarter against a working capital deficit of about $399,000 and cash of about $273,000. One internal contradiction to check: the per-share note computes the loss as $46,713 while the statement of operations reports $46,173. Nothing here was written to a status, trust or price field.
What changed vs 2019-11-12trust $356.2M → $345.0M -3%going concern RESOLVEDtrust account, going-concern doubt, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $356.2M$345.0M
- Going-concern doubt
- statednot stated
- Combination deadline
- 2019-11-07 · unchanged
- Sponsor loans outstanding
- $1000Knot matched in this filing
- Redeemable shares
- 33.3Mnot matched in this filing
SpacBrain reads this as $11,228,094 left the trust between the two filings.
The clause …“placement warrants with our Sponsor was deposited in the trust account. The $345,000,000 of net proceeds previously held in the trust account included $12,075,000 of deferred underwriting discounts and commissions that would have been”…
SpacBrain reads this as the substantial-doubt sentence is in the previous filing and not in this one.
The clause …“to any founder shares held by them if we failed to complete the initial business combination by November 7, 2019. However, if our Sponsor or any of our directors, officers or affiliates acquire shares of Class A common stock in or”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: FY2019 10-K of a shell that has already wound down. Having failed to combine by the November 7, 2019 charter date, the company liquidated the trust and redeemed all public shares at approximately $10.30 per share; the shares were cancelled at the close of November 7 and ceased trading November 8, 2019, and the warrants expired worthless. The balance sheet shows zero Class A subject to redemption against 33,046,570 at about $10.00 a year earlier, and no securities remain registered under Section 12(b). About $1,300,000 was withheld from the distribution for 2019 income tax. Why it matters: The registrant survives its own trust: it reports insufficient liquidity to meet future obligations, a working capital deficit of about $5.7 million, roughly $160,000 of cash, $3,379,283 owed to the Sponsor at year end plus about $1,800,000 more advanced through March 16, 2020, which the Sponsor intends to convert to equity. Cover states no Class A and 862,500 Class B outstanding at March 16, 2020. Detect-only: the approximately $10.30 redemption price and the November 7, 2019 date are quoted as filed; nothing was written to a status, trust or price field.
What changed vs 2019-03-18going concern RESOLVEDgoing-concern doubt, trust account, combination deadline +11 moved · 3 with no prior record of ours
- Going-concern doubt
- statednot stated
- Trust account
- $350.1M · unchanged
- Combination deadline
- 2019-11-07 · unchanged
- Mandate language
- We intend to focus our search for a target business in the e…not matched in this filing
SpacBrain reads this as the substantial-doubt sentence is in the previous filing and not in this one.
The clause …“expenses 37,397 92,500 Total current assets 1,451,069 238,199 Investments held in Trust Account - 350,123,005 Total assets $ 1,451,069 $ 350,361,204 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Current liabilities: Accounts”…
The clause …“the Trust Account for transaction and working capital expenses. An initial business combination was not completed by November 7, 2019, and therefore, the proceeds from the sale of the Private Placement Warrants held in the Trust”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.