Daily SPAC Update – April 16, 2024

by | Apr 16, 2024

AEAE, GAQ, and TLGY Extension Votes. AQU, FNVT, VSAC Extension Votes Set. TRTL Delays a Day. DJT Drops (Again).

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Daily SPAC Update

DJT DeSPAC Update
For those following along, a good article in the WSJ today tracking the DWAC SPAC through to today, including its latest big drop of -18% today.

EXTENSION VOTES
AEAE – ALTENERGY ACQUISITION CORP * vote April 16, 2024 -> extend to May 2, 2025
GAQ – GENERATION ASIA I ACQUISITION LTD * vote April 16, 2024 -> extend to July 23, 2025
TLGY – TLGY ACQUISITION CORP * 7 monthly extensions approved on Oct 17, 2023

SPAC VOTES SET
AQU – AQUARON ACQUISITION CORP * Extension Vote Set: Apr 30, 2024 * trust $11.04
FNVT – FINNOVATE ACQUISITION CORP * Extension Vote Set: May 02, 2024 * trust $10.92
VSAC – VISION SENSING ACQUISITION CORP * Extension Vote Set: Apr 30, 2024 to Nov 03, 2024 * trust $11.53
TRTL – TORTOISEECOFIN ACQUISITION CORP III * Vote delayed to April 19, 2024

YESTERDAY’S TOP SPAC GAINERS
10.20% ~ $ 12.42 | NVAC – NorthView Acquisition Corp (Announced)
4.12% ~ $ 12.12 | PTWO – Pono Capital Two, Inc. (Announced)
1.44% ~ $ 11.28 | AACI – Armada Acquisition Corp. I (Announced)
1.35% ~ $ 11.25 | ACAC – Acri Capital Acquisition Corp (Announced)
1.24% ~ $ 11.44 | CLRC – ClimateRock (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.92% ~ $ 7.05 | LGVC – LAMF Global Ventures Corp. I (Announced)
-5.29% ~ $ 10.03 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
-4.17% ~ $ 8.05 | DECA – Denali Capital Acquisition Corp. (Announced)
-3.80% ~ $ 12.41 | ARRW – Arrowroot Acquisition Corp. (Announced)
-2.36% ~ $ 11.19 | AEAE – AltEnergy Acquisition Corp (Announced)

Recent Analysis

Daily SPAC Update – May 24, 2024

QRDO To Liquidate at $10.96. ShoulderUp Extends with 1.1M Redemptions. BFAC Extension Vote. Churchill Investor Deck. DIST Merger Agreement.

Daily SPAC Update – May 23, 2024

MAQC + Immersed Inc. Deal Terminated. GPAC Deal Vote Set. IVCB Extends w/ 2.1M Redemptions. CVII Investor Deck. PWUP Redemption Agreement.

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