Added to YB: 2026-07-17
Pitch date: 2026-07-13
MRLN [bullish]
Merlin, Inc.
-16.13%
current return
Author Info
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Company Info
Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand.
Market Cap
$402.5M
Pitch Price
$4.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.77
P/E
-0.05
EV/Sales
60.14
Sector
Aerospace and Defense
Category
special_situation
Shawarma Capital Portfolio Update: July 11, 2026 - Merlin, Inc.
MRLN (added to position): Doubled down (~100k shares) into forced PIPE resale selling near 52-wk low ~$430, now top position ~30% of book, blended cost cut from $6.03 to low $5s (mark ~-17% vs -30%). Move driven by supply, not story. C-130J CDR cleared w/ USSOCOM, into aircraft integration on $100M+ IDIQ; none of 7 kill criteria met.
Read full article (1 min)