On this page of Benford's Law Stocks.com we present our study of NEW PROVIDENCE ACQUISITION CORP. II — ticker symbol NPABU. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/29/2024 to 5/21/2024 for NEW PROVIDENCE ACQUISITION CORP. II under CIK number 0001837929. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NPABU, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NEW PROVIDENCE ACQUISITION CORP. II based on the past NPABU filings our system processed in the past.
29.5
13.4
19.5
5.4
15.7
6.1
1.1
5.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 261
Recent share count: 20,000,000 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
261
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
46

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
NPABU
Low score compared to other filers, falling in the bottom quartile.
VTNR
DKDCU
IPXXU
JKSM
CIX
IMNN
DMYY.U
DBMM
Check our work! We provide our NEW PROVIDENCE ACQUISITION CORP. II Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NPABU filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 77 numbers that start with the digit 1. Here they are:
13,080
135,779
1,305,779
1,295,810
196,901
12,897,468
12,600,595
10.85
10.75
1,000,000
10,000,000
12,515,413
12,171,761
12,514,788
12,171,136
145,904
199,623
1,910,886
12,171,761
12,171,136
199,623
199,623
12,515,413
12,514,788
1,910,886
1,910,886
199,623
1,910,886
125,826
140,491
13,096
1,580
163,164
176,499
159,000
10.00
1.50
12,000,000
14,566,172
10.20
10.85
15
100
100,000
10.85
10.20
10.20
19,732,125
10.41
1,500,000
1,500,000
1
1
19,732,125
1
14,566,172
14,202,018
16,333,333
1,528,709
10.00
11.50
1.50
12,000,000
11.50
10,000
12.00
1,500,000
1.50
10,000
1,000,000
10,000,000
18.00
115
180
18.00
10.89
110,000
We found 35 numbers that start with the digit 2. Here they are:
209,997
2,054,788
2,054,788
290,000
2,719,339
2,818,040
2,492,174
25,000,000
2,186,752
2,186,752
2,719,339
24,980
259,950
259,950
2,186,752
25,000,000
2,500,000
250,000,000
255,000,000
205,478,750
205,478,750
2,054,788
23.30
21
25,000,000
250,000
25,000,000
2,500,000
25,000
218,750
20,000
290,000
290,000
20
25000000
We found 51 numbers that start with the digit 3. Here they are:
3,682,524
3,250,000
3,850,595
3,000,000
300
300
3,250,000
325
325
399,255
325,866
399,255
325,866
345,527
3,000,000
3,250,000
3,000,000
300
3,250,000
325
3,000,000
300
3,250,000
325
314,118
314,118
300,000
300,000
339,663
3,000,000
3,000,000
3,250,000
3,700,000
364,154
382,177
3,000,000
3,250,000
3,000,000
3,000,000
300,000
300,000
300,000
35
30,365
3,000,000
3,250,000
3,000,000
3,000,000
3,250,000
3000000
3250000
4's 5's 6's
We found 14 numbers that start with the digit 4. Here they are:
4,147,468
400,000,000
43,243
430,482
423,114
4,011,689
42.23
487,000
40,000
400,000
400,000,000
4.5
4,585,351
49.95
We found 41 numbers that start with the digit 5. Here they are:
55,287
56,867
57,411,866
56,981,202
57,547,645
57,051,149
590,000
5,267,875
57,164,965
56,621,690
57,547,645
57,051,149
581,288
5,267,875
543,275
543,275
56,867
55,287
543,275
5,000,000
50
5,000,001
5,000,001
53.8
5,000,000
55,287
57,411,866
56,621,690
543,275
57,164,965
51,994
56,328
5,267,875
5,750,000
50,000
590,000
5,267,875
53.8
57,411,866
56,981,202
5267875
We found 16 numbers that start with the digit 6. Here they are:
69,947
6,250,000
6,250,000
625
6,250,000
625
67,412
615,698
6,250,000
6,468,750
60,000
60,000
60,000
60
682,524
6250000
7's 8's 9's
We found 3 numbers that start with the digit 7. Here they are:
744,782
744,782
744,782
We found 15 numbers that start with the digit 8. Here they are:
80,492
8,750,000
8,750,000
8,951,464
8,950,839
8,000,000
8,750,000
816,172
80
8,267,875
8,000,000
8,750,000
8,267,875
8,333,333
8,000,000
We found 9 numbers that start with the digit 9. Here they are:
98,701
9,227,330
9,226,705
98,701
9,969
91,301
9.74
9.20
9.20
While the above NPABU 10Q Filed 5/21/2024 is interesting in isolation, we have found that it is also useful to take a look at older NEW PROVIDENCE ACQUISITION CORP. II filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/21/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NPABU 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.5
13.4
19.5
5.4
15.7
6.1
1.1
5.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 46
XBRL?   [ original filing ]
Total numbers found: 261

= Typical NPABU range from 3/29/2024 to 5/21/2024
34.5
21.2
13.7
4.8
10.2
6.5
1.0
6.8
1.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 293

= Typical NPABU range from 3/29/2024 to 5/21/2024
 

Benford's Law NPABU Stock (NEW PROVIDENCE ACQUISITION CORP. II) | www.Benford'sLawStocks.com
Copyright © 2023 - 2024, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.