Daily SPAC Update – December 18, 2024

by | Dec 18, 2024

More SPAC Delistings as Battery Future and Burtech Go Down. Integrated Wellnes and Spree Shareholders Approve Extensions. Mars Acquisition Deal Approved.

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Daily SPAC Update

SPAC VOTE RESULTS
WELNF – INTEGRATED WELLNESS ACQUISITION CORP * Extend to Dec 15, 2025 * 3,069,636 redeemed * trust $11.96
SHAP – SPREE ACQUISITION CORP 1 LTD * Extend to Dec 20, 2025 * 1,837,509 redeemed
MARX – MARS ACQUISITION CORP * Deal Approved * 1,636,626 redeemed

OTHER SPAC NEWS
BFAC – BATTERY FUTURE ACQUISITION CORP * Delisting
BRKH – BURTECH ACQUISITION CORP * Delisting
OAKU – OAK WOODS ACQUISITION CORP * Merger Agreement Amendment

EXTENSION VOTES
ATMV – ALPHAVEST ACQUISITION CORP *  extend to September 22, 2025
SLAM – SLAM CORP * extend monthly to December 25, 2025

SEPARATE WARRANTS/RIGHTS
TAVI on Dec 20
FACT on Dec 20

SPAC LIQUIDATIONS
Fortune Rise Acquisition Corp (FRLA)-> Liquidation on Dec 16

YESTERDAY’S TOP SPAC GAINERS
31.25% ~ $ 3.15 | ROCL – Roth CH Acquisition V Co. (Announced)
2.13% ~ $ 11.50 | AQU – Aquaron Acquisition Corp. (Announced)
1.20% ~ $ 10.10 | GIG – GigCapital7 Corp. (Pre-Deal)
.97% ~ $ 11.46 | CSLM – Consilium Acquisition Corp I, Ltd. (Announced)
.93% ~ $ 10.80 | HLXB – Helix Acquisition Corp. II (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-20.00% ~ $ 8.00 | BOCN – Blue Ocean Acquisition Corp (Announced)
-12.42% ~ $ 11.21 | IPXX – Inflection Point Acquisition Corp. II (Announced)
-7.92% ~ $ 10.81 | GLLI – Globalink Investment Inc. (Announced)
-6.30% ~ $ 10.86 | HAIA – Healthcare AI Acquisition Corp. (Announced)
-3.71% ~ $ 10.90 | MCAG – Mountain Crest Acquisition Corp. V (Announced)

LATEST SPAC IPO PERFORMANCE
Dec 12 | $ 9.95 | DRDB – Roman DBDR Acquisition Corp. II
Dec 12 | $ 10.00 | MLAC – Mountain Lake Acquisition Corp.
Dec 10 | $ 10.03 | JACS – Jackson Acquisition Co II
Dec 04 | $ 10.00 | SPHA – Shepherd Ave Capital Acquisition Corp
Dec 04 | $ 10.01 | TAVI – Tavia Acquisition Corp.
Nov 26 | $ 9.96 | FACT – FACT II Acquisition Corp.
Nov 20 | $ 9.92 | DYNX – Dynamix Corporation
Nov 20 | $ 10.00 | NOEM – CO2 Energy Transition Corp.

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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