Daily SPAC Update – August 12, 2024

by | Aug 12, 2024

CVII + CorpAcq Merger Vote. EMCG Extension Vote. BYNO & NOVV Shareholders Approve Extensions. BREZ + TV Ammo Deal Terminated

 Boardroom Alpha SPAC Resources
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

MERGER VOTES
CVII + CorpAcq

EXTENSION VOTES
EMCG – EMBRACE CHANGE ACQUISITION CORP * extend from August 12, 2024 to August 12, 2025

SPAC VOTE RESULTS
NOVV – NOVA VISION ACQUISITION CORP * Extend to Feb 10, 2025 * 1,340,245 redeemed

SPAC DEAL & EXTENSION VOTES SET
FIAC – Focus Impact Acquisition Corp * DEAL VOTE SET: Sep 10, 2024 * trust $11.22
IRAA – Iris Acquisition Corp * DEAL VOTE SET: Aug 29, 2024 * trust $10.90

OTHER SPAC NEWS
NOVV – NOVA VISION ACQUISITION CORP * Extend to Feb 10, 2025 * 1,340,245 redeemed
BYNO – BYNORDIC ACQUISITION CORP * Extend to Aug 12, 2025 * 2,578,476 redeemed
RRAC – RIGEL RESOURCE ACQUISITION CORP * Investor Deck
IFIN – INFINT ACQUISITION CORP * Deal Approved

NEW SPAC IPOs
Aug 09: VACH – Voyager Acquisition Corp $220M IPO

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-08-05: BREZ + TV Ammo, Inc.

YESTERDAY’S TOP SPAC GAINERS
10.58% ~ $ 11.39 | AACI – Armada Acquisition Corp. I (Announced)
8.96% ~ $ 12.23 | GAMC – Golden Arrow Merger Corp. (Announced)
8.00% ~ $ 40.50 | TENK – TenX Keane Acquisition (Announced)
4.29% ~ $ 11.18 | IFIN – InFinT Acquisition Corporation (Announced)
2.36% ~ $ 11.72 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.71% ~ $ 11.60 | MACA – Moringa Acquisition Corp (Announced)
-5.43% ~ $ 12.01 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
-4.96% ~ $ 11.50 | IVCA – Investcorp India Acquisition Corp. (Pre-Deal)
-3.67% ~ $ 13.63 | ADRT – Ault Disruptive Technologies Corp (Announced)
-1.64% ~ $ 11.41 | BYNO – byNordic Acquisition Corporation (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Aug 09 | $ 9.99 | VACH – Voyager Acquisition Corp
Aug 06 | $ 9.94 | EQV – EQV Ventures Acquisition Corp.
Aug 01 | $ 10.05 | MBAV – M3-Brigade Acquisition V Corp.
Aug 01 | $ 9.99 | AAM – AA Mission Acquisition Corp.
Jul 24 | $ 10.06 | DTSQ – DT Cloud Star Acquisition Corp

Recent Analysis

CEO & CFO Moves Review (Sept 6)

This week’s moves include CEO and CFO changes include moves at Accuray Inc. (ARAY), Atlassian Corporation (TEAM), Azenta Inc. (AZTA), Bloomin’ Brands, Inc. (BLMN), Chipotle Mexican Grill, Inc. (CMG), Fossil Group, Inc. (FOSL), NovoCure Limited (NVCR), and Repligen Corporation (RGEN).

Daily SPAC Update – September 6, 2024

CDAQ + EEW Renewables and EVGR + Forekast Deals Announced. Vine Hill (VCIC) and Andretti (POLE) $200M SPAC IPOs. PPHP Extension Approved. XFIN Deal Vote Set.

Daily SPAC Update – September 5, 2024

KVAC + Medera Deal Announced. IRAA Extension Vote. ACAB and RFAC Set Extension Votes. Merger Agreements for DECA, CCTS and ACAB Amendment. CLOE Vote Postponed (again).

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.