Daily SPAC Update – July 24, 2024

by | Jul 24, 2024

EMLD FTAC Emerald + Fold, Inc. $365M SPAC Deal. XFIN Extension Vote. PUCK Sets Extension Vote Date.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
Jul 24 | EMLD – Ftac Emerald Acquisition Corp  + Fold, Inc. -> See Investor Deck
Jul 23 | TBMC – Trailblazer Merger Corp I  + Cyabra Strategy Ltd.
Jul 22 | CBRG – Chain Bridge I  + Phytanix Bio

EXTENSION VOTES
XFIN – EXCELFIN ACQUISITION CORP * extend to December 25, 2024

SPAC DEAL & EXTENSION VOTES SET
PUCK – Goal Acquisitions Corp * EXTENSION VOTE SET: Aug 06, 2024 * trust $10.84

OTHER SPAC NEWS
PWUP – POWERUP ACQUISITION CORP * Deal Termination
TBMC – TRAILBLAZER MERGER CORP I * Merger Agreement
CBRG – CHAIN BRIDGE I * Merger Agreement

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-07-23: PWUP + Visiox Pharmaceuticals

YESTERDAY’S TOP SPAC GAINERS
3.70% ~ $ 14.00 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
1.30% ~ $ 11.68 | AFAR – Aura Fat Projects Acquisition Corp (Announced)
.97% ~ $ 11.41 | FEXD – Fintech Ecosystem Development Corp. (Announced)
.91% ~ $ 11.66 | VSAC – VISION SENSING ACQUISITION CORP. (Announced)
.85% ~ $ 10.72 | DMYY – dMY Squared Technology Group, Inc. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-7.27% ~ $ 7.65 | CETU – Cetus Capital Acquisition Corp. (Announced)
-5.00% ~ $ 11.03 | IRAA – Tribe Capital Growth Corp I (Announced)
-4.53% ~ $ 10.95 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
-3.83% ~ $ 11.30 | ASCB – A SPAC II Acquisition Corp. (Pre-Deal)
-3.10% ~ $ 18.00 | ADRT – Ault Disruptive Technologies 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.

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

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