Daily SPAC Update – August 26, 2024

by | Aug 26, 2024

Iris Acquisition (IRAA) Cancels Vote. SilverBox III (SBXC) Postpones Vote. TRTLF to Liquidate. AVHI + VASO Deal Vote.

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Daily SPAC Update

MERGER VOTES
AVHI + VASO CORP

SPAC VOTE RESULTS
PTWO – PONO CAPITAL TWO INC * Redemption Update * 135,471 redeemed
MAQC – MAQUIA CAPITAL ACQUISITION CORP * Extend to Jan 07, 2025 * 861,653 redeemed

OTHER SPAC NEWS
TRTLF – TORTOISEECOFIN ACQUISITION CORP III * Liquidation-> 2024-09-06
XFIN – EXCELFIN ACQUISITION CORP * Merger Agreement Amendment
MITA – COLISEUM ACQUISITION CORP * Merger Agreement Amendment
ATMC – ALPHATIME ACQUISITION CORP * Merger Agreement Amendment
IRAA – IRIS ACQUISITION CORP * Vote Cancelled
SBXC – SILVERBOX CORP III * Vote Postponed

SPAC LIQUIDATIONS
TortoiseEcofin Acquisition Corp. III (TRTLF)-> Liquidation on Sep 06
Fintech Ecosystem Development Corp. (FEXD)-> Liquidation on Aug 29
Kensington Capital Acquisition Corp. V (KCGI)-> Liquidation on Aug 19

YESTERDAY’S TOP SPAC GAINERS
17.65% ~ $ 13.00 | PTWO – Pono Capital Two, Inc. (Announced)
14.29% ~ $ 13.60 | CLOE – Clover Leaf Capital Corp. (Announced)
5.24% ~ $ 12.85 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
4.10% ~ $ 12.70 | NOVV – Nova Vision Acquisition Corp (Announced)
1.60% ~ $ 10.79 | PLMI – Plum Acquisition Corp. I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.26% ~ $ 10.78 | PFTA – Portage Fintech Acquisition Corp. (Announced)
-6.30% ~ $ 9.81 | IFIN – InFinT Acquisition Corporation (Announced)
-3.76% ~ $ 10.50 | IRAA – Tribe Capital Growth Corp I (Announced)
-2.65% ~ $ 11.38 | BYNO – byNordic Acquisition Corporation (Pre-Deal)
-1.31% ~ $ 11.29 | MAQC – Maquia Capital Acquisition Corporation (Announced)

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-08-22: ISRL + Pomvom Ltd.
2024-08-22: VSAC + Mediforum Co., Ltd
2024-08-18: GTAC + Tyfon Culture Holdings Limited
2024-08-18: CVII + CorpAcq

LATEST SPAC IPO PERFORMANCE
Aug 16 | $ 9.99 | HOND – HCM II Acquisition Corp.
Aug 16 | $ 10.00 | SBXD – SilverBox Corp IV
Aug 09 | $ 9.98 | VACH – Voyager Acquisition Corp
Aug 06 | $ 9.94 | EQV – EQV Ventures Acquisition Corp.
Aug 01 | $ 10.01 | MBAV – M3-Brigade Acquisition V Corp.
Aug 01 | $ 9.99 | AAM – AA Mission Acquisition Corp.

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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