Daily SPAC Update – December 2, 2024

by | Dec 2, 2024

BACQ, RDAC, CCIR Start Separate Trading. BREZ, JWSM, MNTN Shareholders Approve Extensions. ROCL Deal Approved. AITR + American Metals Deal Terminated.

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Daily SPAC Update

ABOUT THE SPAC DAILY
Get the latest insights into the SPAC market with an in-depth look at recent vote outcomes, redemptions, deal announcements, and liquidations. Discover which SPACs gained and lost the most yesterday, IPO performance stats, upcoming extension votes, and notable trust value changes. Stay informed on the latest SPAC trends and opportunities.

SEPARATE WARRANTS/RIGHTS
BACQ on Dec 02
RDAC on Dec 02
CCIR on Dec 02

SPAC VOTE RESULTS
BREZ – BREEZE HOLDINGS ACQUISITION CORP * Extend * trust $11.26
JWSM – JAWS MUSTANG ACQUISITION CORP * Extend to Dec 04, 2026 * 1,405,293 redeemed * trust $11.48
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * Extend to May 23, 2025 * 2,817,827 redeemed
ROCL – ROTH CH ACQUISITION V CO * Deal Approved * 3,691,461 redeemed

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-11-29: AITR + American Metals LLC

SPAC DEALS ANNOUNCED
Nov 29 | FVN – Future Vision Ii Acquisition Corp * + Viwo Technology Inc.

OTHER SPAC NEWS
CITE – CARTICA ACQUISITION CORP * Investor Deck
HUDA – HUDSON ACQUISITION I CORP * Merger Agreement
MARX – MARS ACQUISITION CORP * Vote Adjourn

SPAC LIQUIDATIONS
Gores Holdings IX, Inc. (GHIX)-> Liquidation on Dec 06
bleuacacia ltd (BLEU)-> Liquidation on Nov 22

YESTERDAY’S TOP SPAC GAINERS
6.64% ~ $ 13.33 | INAQ – Insight Acquisition Corp. (Announced)
2.83% ~ $ 11.83 | GLST – Global Star Acquisition Inc. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-14.84% ~ $ 11.71 | BOCN – Blue Ocean Acquisition Corp (Announced)
-3.71% ~ $ 10.90 | MCAG – Mountain Crest Acquisition Corp. V (Announced)
-1.05% ~ $ 11.39 | MCAA – Mountain Co. I Acquisition Corp. (Announced)
-.94% ~ $ 11.54 | CITE – Cartica Acquisition Corp (Announced)
-.80% ~ $ 11.17 | BLAC – Bellevue Life Sciences Acquisition Corp. (Announced)

LATEST SPAC IPO PERFORMANCE
Nov 26 | $ 9.94 | FACT – FACT II Acquisition Corp.
Nov 20 | $ 9.96 | DYNX – Dynamix Corporation
Nov 20 | $ 9.99 | NOEM – CO2 Energy Transition Corp.
Nov 15 | $ 10.00 | HSPT – Horizon Space Acquisition II Corp.
Nov 08 | $ 10.00 | ASPC – SPAC III Acquisition Corp.
Nov 08 | $ 9.96 | WLAC – Willow Lane Acquisition Corp.
Nov 07 | $ 9.98 | GSRT – GSR III Acquisition Corp.
Nov 04 | $ 9.99 | BACQ – Bleichroeder Acquisition Corp. I

Recent Analysis

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. 

Daily SPAC Update – January 9, 2025

FutureTech II (FTII) Trust Overpayments Continue. Aimfinity Investment (AIMAU) Sets Extension Vote. Western Acquisition (WAVS) Extension Approved. Global Star (GLST) Deal Vote Set. RANG/RANGU Separate Trading on Jan 13.

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