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Activism & Governance

SPAC Market Review – June 2022

Boardroom Alpha’s June 2022 SPAC market review looks at the latest trends in SPACs, where the market is heading a recap of activity.

SPAC Daily: Polestar (PSNY)Debuts

Polestar (PSNY) shares traded up following its DeSPAC, the IPO market remains incredibly slow, and the rest of the day’s news in SPACs.

Can Redfin Find Its Way to Profitability?

Redfin CEO Glenn Kelman says the real estate brokerage will post an operating profit this year. Headcount reductions are a good start, but there’s still plenty of work to do to stabilize troubling iBuying trends.

Governance Alert: FedEx

FedEx (FDX) is making some shareholder-friendly moves, including an over 50% dividend hike, adding two independent directors, and a TSR-based executive compensation metric. We applaud the changes, but now the real work begins. Can a new CEO and refreshed board improve margins?

5 Long-Tenured CEOs that Need to Turn Things Around

While COVID-related issues are abating, it’s no secret that many companies are still struggling to find their footing. We take a close-up look at 5 long-tenured CEOs (+ 1 co-CEO) that are facing big negative 3-year returns.

SPAC & IPO Analysis

Daily SPAC Update – December 19, 2024

FTAC Emerald and Kairous Acquisition Delistings as Shareholders Approve Extensions. Bowen Acquisition Deal Vote Set. GSRT, TAVI, FACT Set to Trade Separately.

Daily SPAC Update – December 18, 2024

More SPAC Delistings as Battery Future and Burtech Go Down. Integrated Wellnes and Spree Shareholders Approve Extensions. Mars Acquisition Deal Approved.

Daily SPAC Update – December 16, 2024

INAQ DeSPACs to Alpha Modus (AMOD) and IVCP DeSPACs to AleAnna Energy (ANNA). MITA Extension Vote Set. RRAC Moved to OTC. FACT Separate Trading on Dec 20.

Daily SPAC Update – December 13, 2024

Despite Delistings, Liquidations, and Failed Deals, SPAC IPOs Keep Coming. Roman DBDR Acquisition Corp. II (DRDB) $200M and Mountain Lake Acquisition Corp. $210M IPOs.

Daily SPAC Update – December 12, 2024

Swiftmerge Acquisition (IVCP) + AleAnna Energy Deal Vote. Mars Acquisition (MARX) + ScanTech Deal Vote. PRLH and IGTA Extensions Approved. IGTA to be Delisted.

Daily SPAC Update – December 10, 2024

Jackson Acquisition II $200M IPO (Jackson I Liquidated). APXI Shareholders Approve Extension w/ 5M Redemptions. HCVI Merger Amendment. SLAMF Vote Adjourned and IVCB Vote Postponed. 

Daily SPAC Update – December 9, 2024

TCHP + Coincheck Deal Approved. GLLI, INAQ, ESHA Shareholders Approve Extensions. DP Cap Acquisition  (DPCS) Dismisses Accountant. SLAM and BRKH Extension Votes.

Daily SPAC Update – December 6, 2024

Roth CH Acquisition (ROCL) Extension Approved IGTA, INAQ, KACL Extension Votes. DP Cap Acquisition (DPCS) Dismisses Marcum. BRKH Deal Deck.

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