Daily SPAC Update – August 19, 2024

by | Aug 19, 2024

NOVV Deal Vote Set. CVII Terminates Deal and Will Liquidate. FEXD To Liquidate. YOTA Vote Adjourned to August 20.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
NOVV – Nova Vision Acquisition Corp * DEAL VOTE SET: Sep 10, 2024 * trust $12.23

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-08-18: CVII + CorpAcq
2024-08-15: ADRT + GIGA TRONICS INC

OTHER SPAC NEWS
FEXD – FINTECH ECOSYSTEM DEVELOPMENT CORP * Liquidation-> 2024-08-29 * trust $10.69
HAIA – HEALTHCARE AI ACQUISITION CORP * Merger Agreement
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * Merger Agreement
YOTA – YOTTA ACQUISITION CORP * Vote Adjourn

YESTERDAY’S TOP SPAC GAINERS
9.01% ~ $ 12.22 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)
4.91% ~ $ 12.60 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
1.58% ~ $ 11.80 | BYNO – byNordic Acquisition Corporation (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-15.80% ~ $ 12.63 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-10.53% ~ $ 10.03 | IFIN – InFinT Acquisition Corporation (Announced)
-4.02% ~ $ 10.97 | FEXD – Fintech Ecosystem Development Corp. (Announced)
-1.77% ~ $ 12.18 | CLOE – Clover Leaf Capital Corp. (Announced)
-1.52% ~ $ 11.69 | ALSA – Alpha Star Acquisition Corp (Pre-Deal)

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

LATEST SPAC IPO PERFORMANCE
Aug 16 | $ 9.98 | HOND – HCM II Acquisition Corp.
Aug 16 | $ 9.99 | SBXD – SilverBox Corp IV
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 | $ 10.06 | DTSQ – DT Cloud Star Acquisition Corp

Recent Analysis

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.

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