Daily SPAC Update – Feb 16, 2024

by | Feb 16, 2024

CHEA DeSPACs to SELX. 4 SPAC Extension Votes: ENCP, IFIN, PPYA, CHAA. KWAC, MBTC, CHAA Set Deal Votes.

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Daily SPAC Update

DeSPACs
CHEA -> SELX on Feb 16

TODAY’S EXTENSION VOTES
CHAA – CATCHA INVESTMENT CORP * 3 monthly options to extend to Mar 17, 2024
ENCP – ENERGEM CORP * extend to Aug 18, 2024
IFIN – INFINT ACQUISITION CORP * extend from Feb 23, 2024 to Nov 23, 2024
PPYA – PAPAYA GROWTH OPPORTUNITY CORP I * extend to Jan 19, 2025

SPAC VOTES SET
CHAA – CATCHA INVESTMENT CORP * Deal Vote Set: Mar 06, 2024 * trust $10.96
KWAC – KINGSWOOD ACQUISITION CORP * Deal Vote Set: Feb 22, 2024 * trust $12.99
MBTC – NOCTURNE ACQUISITION CORP * Deal Vote Set: Feb 27, 2024 * trust $11.72
CMCA – CAPITALWORKS EMERGING MARKETS ACQUISITION CORP * Extension Vote Set: Feb 29, 2024 * trust $11.07

SPAC VOTE RESULTS
BITE – BITE ACQUISITION CORP * Extend to Aug 17, 2024 * 518,880 redeemed * trust $10.70
LBBB – LAKESHORE ACQUISITION II CORP * Deal Approved * 1,246,563 redeemed

OTHER SPAC NEWS
KYCH – KEYARCH ACQUISITION CORP * Deal & PIPE update
IVCP – SWIFTMERGE ACQUISITION CORP * Deal terminated with HDL

YESTERDAY’S TOP SPAC GAINERS
16.10% ~ $ 50.56 | DWAC – Digital World Acquisition Corp. (Announced)
15.95% ~ $ 4.87 | LBBB – Lakeshore Acquisition II Corp. (Announced)
10.13% ~ $ 10.00 | WNNR – Andretti Acquisition Corp. (Announced)
4.30% ~ $ 11.41 | PTWO – Pono Capital Two, Inc. (Announced)
3.38% ~ $ 11.33 | ASCB – A SPAC II Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-33.78% ~ $ 7.35 | SZZL – Sizzle Acquisition Corp. (Announced)
-12.57% ~ $ 9.01 | APAC – StoneBridge Acquisition Corp. (Announced)
-11.33% ~ $ 9.31 | SEPA – SEP ACQUISITION CORP (Announced)
-8.63% ~ $ 11.75 | OTEC – OceanTech Acquisitions I Corp. (Announced)
-4.85% ~ $ 11.18 | AVHI – Achari Ventures Holdings Corp. I (Announced)

 

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