Daily SPAC Update – August 1, 2024

by | Aug 1, 2024

Two SPAC IPOs – AAM $300M & MBAV $250M. CETU & ARYD DeSPAC. AACI & TRIS Deal Votes. NRAC Extension Vote.

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Daily SPAC Update

SPAC IPO
Aug 01: AAM – Aa Mission Acquisition Corp. $300M IPO
Aug 01: MBAV – M3-Brigade Acquisition V Corp. $250M IPO

DeSPACs
CETU -> MKDW on Aug 01
ARYD -> ADGM on Aug 01

MERGER VOTES
AACI + Rezolve Ltd.
TRIS + Helport Limited

EXTENSION VOTES
NRAC – NORTHERN REVIVAL ACQUISITION CORP * vote August 1, 2024 -> extend from August 4, 2024 to November 4, 2024

SPAC DEAL & EXTENSION VOTES SET
CLOE – Clover Leaf Capital Corp * DEAL VOTE SET: Aug 20, 2024 * trust $12.34
EMCG – Embrace Change Acquisition Corp * EXTENSION VOTE SET: Aug 12, 2024 * trust $11.36
MAQC – Maquia Capital Acquisition Corp * EXTENSION VOTE SET: Aug 07, 2024 * trust $11.74

OTHER SPAC NEWS
TRTLF – TORTOISEECOFIN ACQUISITION CORP III * Disputed deal termination
GLST – GLOBAL STAR ACQUISITION INC * Merger Agreement Amendment
AACI – ARMADA ACQUISITION CORP I * Vote Adjourn

SEPARATE WARRANTS/RIGHTS
ALF on Aug 01

YESTERDAY’S TOP SPAC GAINERS
16.57% ~ $ 14.00 | PTWO – Pono Capital Two, Inc. (Announced)
9.55% ~ $ 11.66 | KRNL – Kernel Group Holdings, Inc. (Announced)
8.64% ~ $ 11.70 | PFTA – Portage Fintech Acquisition Corp. (Announced)
4.86% ~ $ 11.64 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
4.80% ~ $ 12.00 | AEAE – AltEnergy Acquisition Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-12.66% ~ $ 9.38 | TRIS – Tristar Acquisition I Corp. (Announced)
-9.00% ~ $ 8.29 | AACI – Armada Acquisition Corp. I (Announced)
-8.75% ~ $ 14.80 | ADRT – Ault Disruptive Technologies Corp (Announced)
-5.68% ~ $ 10.79 | TENK – TenX Keane Acquisition (Announced)
-5.18% ~ $ 13.00 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)

Recent Analysis

Daily SPAC Update – March 25, 2025

Newbury Street and DT Cloud Extend with $5.7M and $20M in Redemptions. Compass Digital Extension Vote Set. Concord Gets New Auditor. Winvest Delisting.

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