Daily SPAC Update

EXTENSION VOTES
YOTA – YOTTA ACQUISITION CORP * vote August 16, 2024 -> extend from August 22, 2024 to October 22, 2025

DeSPACs
MACA -> SLXN on Aug 16
AACI -> RZLV on Aug 16

SEPARATE WARRANTS/RIGHTS
GRAF on Aug 16
FSHP on Aug 15

YESTERDAY’S TOP SPAC GAINERS
9.69% ~ $ 11.21 | IFIN – InFinT Acquisition Corporation (Announced)
8.00% ~ $ 40.50 | TENK – TenX Keane Acquisition (Announced)
5.91% ~ $ 10.93 | PLMI – Plum Acquisition Corp. I (Announced)
5.18% ~ $ 13.20 | NOVV – Nova Vision Acquisition Corp (Announced)
1.72% ~ $ 11.21 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-6.20% ~ $ 14.06 | PTWO – Pono Capital Two, Inc. (Announced)
-4.88% ~ $ 15.00 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-4.48% ~ $ 10.02 | CVII – Churchill Capital Corp VII (Announced)
-2.40% ~ $ 11.00 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
-1.67% ~ $ 11.20 | GATE – Marblegate Acquisition Corp. (Announced)

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-08-15: ADRT + GIGA TRONICS INC

Beretta Holding Gains Two Seats at Sturm Ruger After Proxy Fight

Sturm, Ruger & Co. Inc. (RGR) and Beretta Holding S.A. have reached a cooperation agreement granting Beretta the right to appoint two independent directors post-2026 Annual Meeting. This move follows Beretta’s campaign for boardroom change, highlighting governance and performance issues.

Daily SPAC Update – May 4, 2026

Blueport + SingAuto and Galaxyedge + Rongcheng Group Deals announced late Friday. Pono Capital Four separate trading. Gigcapital 7 non-redemption agreement.

Weekly Boardroom & Executive Moves: May 1, 2026

This week, significant leadership changes occurred across several companies facing financial difficulties. Abbott Laboratories (ABT) and Agilon Health Inc (AGL) appointed new board members and executives amidst high activist risks and declining TSRs. Accuray Inc (ARAY) and ALT5 Sigma Corp (ALTS) also saw key executive departures and appointments as they navigate substantial TSR declines. These shifts highlight the ongoing challenges and strategic redirections needed to stabilize operations and improve shareholder value.

Daily SPAC Update – May 1, 2026

Two SPAC IPOs launched today, raising a total of $500 million. CH4 Natural Solutions Acquisition Corp (MTNE) secured $300 million, while Quantum Leap Acquisition Corp (QLEP) raised $200 million. Today, 2 SPAC IPOs raised $500M, led by CH4 Natural Solutions (MTNE) at $300M. This follows a surge of activity at the end of April.

Daily SPAC Update – April 30, 2026

Today, six SPACs debuted, raising a total of $965 million. General Catalyst Global Resilience Merger Corp (GCGR) led the pack with $350 million, followed by RRE Ventures Acquisition Corp. (RREV) at $250 million. Month-to-date, SPAC IPOs total 16, bringing in $2.65 billion, compared to 11 IPOs last month that raised $1.72 billion.

Daily SPAC Update – August 16, 2024

SBXD, HOND $200M IPOs. YOTA Extension Vote. MACA DeSPACs to SLXN and AACI DeSPACS to RZLV. EMCG Extension Approved (2.9M redemptions). CLOE Vote Postponed.