Daily SPAC Update – August 21, 2024

by | Aug 21, 2024

CSLM Acquisition Extends w 3.3M Redemptions. YOTA Adjourns Vote to August 22. KCGI Liquidation.

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OTHER SPAC NEWS
CSLM – CSLM ACQUISITION CORP * Extend to Jul 18, 2025 * 3,339,500 redeemed * trust $11.35
YOTA – YOTTA ACQUISITION CORP * Vote Adjourn

SPAC DEALS ANNOUNCED
Aug 19 | ATMV – Alphavest Acquisition Corp * + AMC Corporation

SPAC LIQUIDATIONS
Kensington Capital Acquisition Corp. V (KCGI)-> Liquidation on Aug 19
Churchill Capital Corp VII (CVII)-> Liquidation on Aug 16

YESTERDAY’S TOP SPAC GAINERS
1.81% ~ $ 12.52 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
1.47% ~ $ 12.39 | CLOE – Clover Leaf Capital Corp. (Announced)
1.10% ~ $ 11.04 | AQU – Aquaron Acquisition Corp. (Announced)
1.10% ~ $ 11.05 | PLMI – Plum Acquisition Corp. I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.00% ~ $ 11.50 | PTWO – Pono Capital Two, Inc. (Announced)
-6.30% ~ $ 9.81 | IFIN – InFinT Acquisition Corporation (Announced)
-5.20% ~ $ 12.50 | NOVV – Nova Vision Acquisition Corp (Announced)
-4.58% ~ $ 11.66 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)
-2.09% ~ $ 10.85 | IRAA – Tribe Capital Growth Corp I (Announced)

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

Recent Analysis

Daily SPAC Update – January 16, 2025

LATG DeSPACs to Femco Steel Technology (KBSX). Plum Acquisition III Extension Vote. RRAC and EVGR Extension Votes Set. NOEM Separate Trading on Jan 16. 

Daily SPAC Update – January 15, 2025

$150M Plum Acquisition IV and $50M Ribbon Acquisition SPAC IPOs. Aimfinity (AIMAU) and Quetta (QETA) Extensions Approved. Bowen (BOWN) + Qianzhi BioTech Deal Approved. 

Daily SPAC Update – January 14, 2025

Cohen Circle (CCIR) LOI with Ukranian Firm. BRKH DeSPACs to Blaize (BZAI). PPYA Extension Vote. Aimfinity Extends to Oct 2025. Bowen Acquisition (BOWN) Forward Purchase Agreement. 

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