Daily SPAC Update – Feb 16, 2024

by | Feb 16, 2024

CHEA DeSPACs to SELX. 4 SPAC Extension Votes: ENCP, IFIN, PPYA, CHAA. KWAC, MBTC, CHAA Set Deal Votes.

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Daily SPAC Update

DeSPACs
CHEA -> SELX on Feb 16

TODAY’S EXTENSION VOTES
CHAA – CATCHA INVESTMENT CORP * 3 monthly options to extend to Mar 17, 2024
ENCP – ENERGEM CORP * extend to Aug 18, 2024
IFIN – INFINT ACQUISITION CORP * extend from Feb 23, 2024 to Nov 23, 2024
PPYA – PAPAYA GROWTH OPPORTUNITY CORP I * extend to Jan 19, 2025

SPAC VOTES SET
CHAA – CATCHA INVESTMENT CORP * Deal Vote Set: Mar 06, 2024 * trust $10.96
KWAC – KINGSWOOD ACQUISITION CORP * Deal Vote Set: Feb 22, 2024 * trust $12.99
MBTC – NOCTURNE ACQUISITION CORP * Deal Vote Set: Feb 27, 2024 * trust $11.72
CMCA – CAPITALWORKS EMERGING MARKETS ACQUISITION CORP * Extension Vote Set: Feb 29, 2024 * trust $11.07

SPAC VOTE RESULTS
BITE – BITE ACQUISITION CORP * Extend to Aug 17, 2024 * 518,880 redeemed * trust $10.70
LBBB – LAKESHORE ACQUISITION II CORP * Deal Approved * 1,246,563 redeemed

OTHER SPAC NEWS
KYCH – KEYARCH ACQUISITION CORP * Deal & PIPE update
IVCP – SWIFTMERGE ACQUISITION CORP * Deal terminated with HDL

YESTERDAY’S TOP SPAC GAINERS
16.10% ~ $ 50.56 | DWAC – Digital World Acquisition Corp. (Announced)
15.95% ~ $ 4.87 | LBBB – Lakeshore Acquisition II Corp. (Announced)
10.13% ~ $ 10.00 | WNNR – Andretti Acquisition Corp. (Announced)
4.30% ~ $ 11.41 | PTWO – Pono Capital Two, Inc. (Announced)
3.38% ~ $ 11.33 | ASCB – A SPAC II Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-33.78% ~ $ 7.35 | SZZL – Sizzle Acquisition Corp. (Announced)
-12.57% ~ $ 9.01 | APAC – StoneBridge Acquisition Corp. (Announced)
-11.33% ~ $ 9.31 | SEPA – SEP ACQUISITION CORP (Announced)
-8.63% ~ $ 11.75 | OTEC – OceanTech Acquisitions I Corp. (Announced)
-4.85% ~ $ 11.18 | AVHI – Achari Ventures Holdings Corp. I (Announced)

 

Recent Analysis

Daily SPAC Update – April 30, 2026

Today, six SPACs debuted, raising a total of $965 million. General Catalyst Global Resilience Merger Corp (GCGR) led the pack with $350 million, followed by RRE Ventures Acquisition Corp. (RREV) at $250 million. Month-to-date, SPAC IPOs total 16, bringing in $2.65 billion, compared to 11 IPOs last month that raised $1.72 billion.

Daily SPAC Update – April 29, 2026

Collective Acquisition Corp. II (CAII) launched its $220 million IPO today, targeting high-potential sectors like technology and healthcare. In executive moves, Roger Bendelac was appointed CEO of both Drugs Made in America Acquisition Corp (DMAA) and Drugs Made in America Acquisition II Corp (DMII), with Saleem Elmasri as CFO. Meanwhile, General Purpose Acquisition Corp (GPAC) saw a significant decline of 22.9%, closing at $9.96, while Aimei Health Technology Co Ltd (AFJK) gained 2.7% to $46.12.

Daily SPAC Update – April 28, 2026

SPAC IPOs Look Stalled Again as Irenic’s $220M IPO Only Makes it Seven. Miluna Acquisition + CADV.AI Deal. Prophyte Extension Vote to Add 12 More Months.

Daily SPAC Update – April 20, 2026

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