Daily SPAC Update – Feb 12, 2024

by | Feb 12, 2024

Daily SPAC Update for Feb 12, 2024. FLME Flame Acquisition + Sable Offshore Deal Vote (151k redeemed). IRRX & LBBY Extensions.

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Daily SPAC Update

MERGER VOTES
FLME + Sable Offshore Corp.

EXTENSION VOTES
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * extend to Nov 15, 2024
LIBY – LIBERTY RESOURCES ACQUISITION CORP * extend from Feb 8, 2024 to Nov7, 2024

OTHER SPAC NEWS
FLME – FLAME ACQUISITION CORP * Redemption Update * 150,823 redeemed * trust $10.44
ARRW – ARROWROOT ACQUISITION CORP * Deal vote delayed to Feb 22
RMGC – RMG ACQUISITION CORP III * Extend to Aug 09, 2024 * 80,694 redeemed

YESTERDAY’S TOP SPAC GAINERS
51.33% ~ $ 10.26 | QFTA – Quantum FinTech Acquisition Corp (Announced)
38.90% ~ $ 12.50 | OXUS – Oxus Acquisition Corp. (Announced)
18.54% ~ $ 6.33 | PBAX – Phoenix Biotech Acquisition Corp. (Announced)
7.30% ~ $ 11.47 | WNNR – Andretti Acquisition Corp. (Announced)
6.82% ~ $ 11.75 | AVHI – Achari Ventures Holdings Corp. I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-10.18% ~ $ 4.50 | DECA – Denali Capital Acquisition Corp. (Announced)
-8.63% ~ $ 11.75 | OTEC – OceanTech Acquisitions I Corp. (Announced)
-8.16% ~ $ 10.69 | FHLT – Future Health ESG Corp. (Pre-Deal)
-6.43% ~ $ 9.75 | ARRW – Arrowroot Acquisition Corp. (Announced)
-3.64% ~ $ 10.60 | MAQC – Maquia Capital Acquisition Corporation (Announced)

THIS WEEK’S MERGER VOTES
FLME + Sable Offshore Corp.
WNNR + Zapata AI
LBBB + Nature’s Miracle
SZZL + Critical Metals Corp.

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