Daily SPAC Update – June 26, 2024

by | Jun 26, 2024

GRAF Global $200M IPO. MITA – Coliseum Deal with Rain Enhancement Technologies. SEPA / SanuWave Deal Terminated. XFIN Extension Vote Set. THCP Extension Vote Today

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Daily SPAC Update

SPAC IPO
Jun 26: GRAF – Graf Global Corp. $200M IPO

SPAC DEALS ANNOUNCED
MITA – Coliseum Acquisition Corp * + Rain Enhancement Technologies

SPAC DEAL TERMINATIONS
VCXB + Addimmune
SEPA + SANUWAVE Health, Inc.

OTHER SPAC NEWS
MITA – COLISEUM ACQUISITION CORP * Merger Agreement
ARYD – ARYA SCIENCES ACQUISITION CORP IV * Merger Agreement Amendment
KRNL – KERNEL GROUP HOLDINGS INC * Merger Agreement Amendment

SPAC DEAL & EXTENSION VOTES SET
XFIN – Excelfin Acquisition Corp * EXTENSION VOTE SET: Jul 18, 2024 * trust $11.04

EXTENSION VOTES
THCP – THUNDER BRIDGE CAPITAL PARTNERS IV INC * vote June 26, 2024 -> extend to January 2, 2025

YESTERDAY’S TOP SPAC GAINERS
18.82% ~ $ 19.70 | ADRT – Ault Disruptive Technologies Corp (Announced)
5.71% ~ $ 14.06 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
2.78% ~ $ 11.46 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
1.41% ~ $ 11.49 | GPAC – Global Partner Acquisition Corp II (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.25% ~ $ 8.51 | CHAA – Catcha Investment Corp (Announced)
-2.30% ~ $ 10.61 | CNGL – Canna-Global Acquisition Corp (Pre-Deal)
-2.08% ~ $ 7.99 | DECA – Denali Capital Acquisition Corp. (Announced)
-1.79% ~ $ 7.68 | BWAQ – Blue World Acquisition Corp (Announced)
-1.73% ~ $ 10.96 | MITA – Coliseum Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC: VACI-NorthStar, AIIR – May 18, 2026

Viking Acquisition Corp I (VACI) amended its NorthStar merger agreement, revising redemption timing and closing steps and clarifying tax treatment. Separately, CAEP completed its Air DeSPAC as AIIR. May MTD reached 11 SPAC IPOs / $1,775M through 18 days vs. 6 / $785M over the same span last month.

Daily SPAC: GUAC, IDAC IPOs Add $400M in SPAC Capital – May 15, 2026

2 SPAC IPOs priced today, with Berto Acquisition Corp. II (GUAC) raising $250M and Iron Dome Acquisition I Corp (IDAC) raising $150M; IDAC funded trust at 100.5% of par. May MTD totals 9 IPOs / $1,425M through 15 days vs. 5 / $725M over the same span last month. Separately, RAAQ advanced its IQM merger with an F-4 filing.

Daily SPAC: SIMA, CAEP-Air Redemptions – May 14, 2026

SIM Acquisition I (SIMA) lost $242M from trust on its extension approval to Jul. 12, 2027, and Cantor Equity Partners III (CAEP) cleared its Air deal after $234M in redemptions. Separately, GSR V Acquisition (GSRV) priced a $200M IPO, taking May MTD to 7 SPAC IPOs / $1,025M through 14 days.

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