Daily SPAC Update – December 3, 2024

by | Dec 3, 2024

TGAA + VenHub Deal Announced. ESHA and GLLI Extension Votes Today. SHAP, TRON, ATMC Extension Votes Set. BRKH Deal Vote Set.

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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.

SPAC DEALS ANNOUNCED
Dec 02 | TGAA – Target Global Acquisition I Corp * + Venhub Global, Inc.
Nov 29 | FVN – Future Vision Ii Acquisition Corp * + Viwo Technology Inc.

EXTENSION VOTES
ESHA – ESH ACQUISITION CORP * vote December 3, 2024 -> extend from December 16, 2024 to December 16, 2025
GLLI – GLOBALINK INVESTMENT INC * vote December 3, 2024 -> extend from December 9, 2024 to June 9, 2025

SPAC DEAL & EXTENSION VOTES SET
BRKH – Burtech Acquisition Corp * DEAL VOTE SET: Dec 23, 2024 * trust $11.49
SHAP – Spree Acquisition Corp 1 Ltd * EXTENSION VOTE SET: Dec 17, 2024 * trust $11.48
TRON – Corner Growth Acquisition Corp 2 * EXTENSION VOTE SET: Dec 23, 2024 * trust $11.94
ATMC – Alphatime Acquisition Corp * EXTENSION VOTE SET: Dec 20, 2024 * trust $10.49

OTHER SPAC NEWS
AITR – AI TRANSPORTATION ACQUISITION CORP * Deal Termination
CITE – CARTICA ACQUISITION CORP * Investor Deck
SLAMF – SLAM CORP * Non-Redemption Agreement
AFJK – AIMEI HEALTH TECHNOLOGY CO LTD * Vote to Adjust Trust

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

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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