Daily SPAC Update – August 30, 2024

by | Aug 30, 2024

Gigcapital7 $250M IPO. SPAC Deals: CCTS + Tembo, ANSC + Australian Food and Agriculture, MCAG + CUBEBIO. LPAA Separate Trading. PTWO Deal Approved.

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Daily SPAC Update

NEW SPAC IPOs
Aug 29: GIG – Gigcapital7 Corp. $250M IPO
Aug 28: BSII – Black Spade Acquisition Ii Co $150M IPO

SPAC VOTE RESULTS
PTWO – PONO CAPITAL TWO INC * Deal Approved

SPAC DEALS ANNOUNCED
Aug 29 | CCTS – Cactus Acquisition Corp 1 Ltd * + Tembo E-LV B.V.
Aug 29 | ANSC – Agriculture & Natural Solutions Acquisition Corp * + Australian Food and Agriculture Company Limited
Aug 29 | MCAG – Mountain Crest Acquisition Corp V * + CUBEBIO Co., Ltd.

SEPARATE WARRANTS/RIGHTS
LPAA on Sep 03
SIMA on Aug 30

OTHER SPAC NEWS
ANSC – AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP * Investor Deck
ANSC – AGRICULTURE & NATURAL SOLUTIONS ACQUISITION CORP * Merger Agreement
SLAM – SLAM CORP * Merger Agreement Amendment
ACAB – ATLANTIC COASTAL ACQUISITION CORP II * PIPE details

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

YESTERDAY’S TOP SPAC GAINERS
2.12% ~ $ 12.05 | ALSA – Alpha Star Acquisition Corp (Pre-Deal)
1.97% ~ $ 11.89 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)
1.80% ~ $ 10.74 | DMYY – dMY Squared Technology Group, Inc. (Pre-Deal)
1.24% ~ $ 12.25 | NOVV – Nova Vision Acquisition Corp (Announced)
1.23% ~ $ 11.50 | HHGC – HHG Capital Corporation (Announced)

YESTERDAY’S TOP SPAC LOSERS
-10.66% ~ $ 12.92 | PTWO – Pono Capital Two, Inc. (Announced)
-7.60% ~ $ 12.40 | ACAC – Acri Capital Acquisition Corp (Announced)
-6.30% ~ $ 9.81 | IFIN – InFinT Acquisition Corporation (Announced)
-3.92% ~ $ 12.01 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-.86% ~ $ 11.50 | TRON – Corner Growth Acquisition Corp. 2 (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Aug 29 | $ 9.94 | GIG – GigCapital7 Corp.
Aug 28 | $ 9.94 | BSII – Black Spade Acquisition II Co
Aug 16 | $ 9.99 | HOND – HCM II Acquisition Corp.
Aug 16 | $ 10.01 | SBXD – SilverBox Corp IV
Aug 09 | $ 9.97 | 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 | $ 9.98 | 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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