Daily SPAC Update – April 22, 2024

by | Apr 22, 2024

MBTC Liquidates. RMGC Reverses Decision to Liquidate. FEXD Extends.

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MERGER VOTES
PGSS + The SCHMID Group

SPAC VOTE RESULTS
FEXD – FINTECH ECOSYSTEM DEVELOPMENT CORP * Extend to Oct 21, 2024 * 2,477,475 redeemed * trust $11.18

SPAC VOTES SET
SCRM – SCREAMING EAGLE ACQUISITION CORP * Deal Vote Set: May 07, 2024 * trust $10.74
NPAB – NEW PROVIDENCE ACQUISITION CORP II * Extension Vote Set: May 07, 2024 * trust $10.91
PEGR – PROJECT ENERGY REIMAGINED ACQUISITION CORP * Extension Vote Set: Apr 29, 2024 * trust $10.66

SPAC LIQUIDATION NEWS
MBTC – NOCTURNE ACQUISITION CORP * Liquidates April 18 * trust $11.79
RMGC – RMG ACQUISITION CORP III * Decision to Not Liquidate

YESTERDAY’S TOP SPAC GAINERS
26.05% ~ $ 10.08 | RWOD – Redwoods Acquisition Corp. (Announced)
16.95% ~ $ 12.49 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
6.34% ~ $ 6.88 | LGVC – LAMF Global Ventures Corp. I (Announced)
4.36% ~ $ 12.21 | PTWO – Pono Capital Two, Inc. (Announced)
4.13% ~ $ 10.59 | PGSS – Pegasus Digital Mobility Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-15.51% ~ $ 10.73 | FHLT – Future Health ESG Corp. (Pre-Deal)
-2.69% ~ $ 8.69 | DECA – Denali Capital Acquisition Corp. (Announced)
-1.89% ~ $ 10.93 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)
-1.64% ~ $ 10.81 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)
-1.34% ~ $ 12.50 | ALCC – AltC 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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