Daily SPAC Update – August 16, 2024

by | Aug 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.

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

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

NEW SPAC IPOs
Aug 16: SBXD – Silverbox Corp Iv $200M IPO
Aug 16: HOND – Hcm Ii Acquisition Corp. $200M IPO

SPAC DEALS ANNOUNCED
Aug 15 | HAIA – Healthcare Ai Acquisition Corp + Leading Group

SPAC VOTE RESULTS
EMCG – EMBRACE CHANGE ACQUISITION CORP * Extend to Aug 12, 2025 * 2,903,151 redeemed

OTHER SPAC NEWS
HAIA – HEALTHCARE AI ACQUISITION CORP * Merger Agreement
CLOE – CLOVER LEAF CAPITAL CORP * Vote Postponed to August 23

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)

LATEST SPAC IPO PERFORMANCE
Aug 09 | $ 9.98 | VACH – Voyager Acquisition Corp
Aug 06 | $ 9.94 | EQV – EQV Ventures Acquisition Corp.
Aug 01 | $ 10.02 | MBAV – M3-Brigade Acquisition V Corp.
Aug 01 | $ 10.00 | AAM – AA Mission Acquisition Corp.
Jul 24 | $ 10.05 | DTSQ – DT Cloud Star Acquisition Corp

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

SPAC LATE 10-K / 10-Q FILINGS
ALCY – Alchemy Investments Acquisition Corp 1 : NT 10-Q
AQU – Aquaron Acquisition Corp : NT 10-Q
ATMV – Alphavest Acquisition Corp : NT 10-Q
BLAC – Bellevue Life Sciences Acquisition Corp : NT 10-Q
BLEU – Bleuacacia Ltd : NT 10-Q
BOCN – Blue Ocean Acquisition Corp : NT 10-Q
CBRG – Chain Bridge I : NT 10-Q
CCTS – Cactus Acquisition Corp 1 Ltd : NT 10-Q
CNGL – Canna-Global Acquisition Corp : NT 10-Q
DUET – Duet Acquisition Corp : NT 10-Q
EMCG – Embrace Change Acquisition Corp : NT 10-Q
EVE – Eve Mobility Acquisition Corp : NT 10-Q
FHLT – Future Health Esg Corp : NT 10-Q
FNVT – Finnovate Acquisition Corp : NT 10-Q
GBBK – Global Blockchain Acquisition Corp : NT 10-Q
GHIX – Gores Holdings Ix Inc : NT 10-Q
GMFI – Aetherium Acquisition Corp : NT 10-Q
IFIN – Infint Acquisition Corp : NT 10-Q
IMAQ – International Media Acquisition Corp : NT 10-Q
IVCP – Swiftmerge Acquisition Corp : NT 10-Q
NBST – Newbury Street Acquisition Corp : NT 10-Q
NNAG – 99 Acquisition Group Inc : NT 10-Q
PFTA – Perception Capital Corp Iii : NT 10-Q
PLMI – Plum Acquisition Corp I : NT 10-Q
PLMJ – Plum Acquisition Corp Iii : NT 10-Q
PMGM – Priveterra Acquisition Corp Ii : NT 10-Q
PUCK – Goal Acquisitions Corp : NT 10-Q
PWUP – Powerup Acquisition Corp : NT 10-Q
QOMO – Qomolangma Acquisition Corp : NT 10-Q
SCPX – Scorpius Holdings Inc : NT 10-Q
SUAC – Shoulderup Technology Acquisition Corp : NT 10-Q
TGAA – Target Global Acquisition I Corp : NT 10-Q
XFIN – Excelfin Acquisition Corp : NT 10-Q

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.