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

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).

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