Daily SPAC Update – Feb 26, 2024

by | Feb 26, 2024

DWAC Adds New Risks. ADOC Delayed to Feb 28. TRON, ATEK, MCAA Set Votes. Biggest Gainers/Losers.

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Daily SPAC Update

EXTENSION VOTES
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * vote Feb 26, 2024 -> extend from Feb 28, 2024 to Aug 28, 202

OTHER SPAC NEWS
ADRT – AULT DISRUPTIVE TECHNOLOGIES CORP * Redemption Update * 121,695 redeemed * trust $11.61
DWAC – DIGITAL WORLD ACQUISITION CORPAdds new risk factors to proxy

SPAC VOTE RESULTS
CHAA – CATCHA INVESTMENT CORP * Extend to May 17, 2024 * 641,303 redeemed * trust $10.29

SPAC VOTES SET
ADOC – Edoc Acquisition Corp – Delays deal vote to Feb 28
TRON – CORNER GROWTH ACQUISITION CORP 2 * Extension Vote Set: Mar 08, 2024 * trust $11.55
ATEK – ATHENA TECHNOLOGY ACQUISITION CORP II * Extension Vote Set: Mar 12, 2024 * trust $11.23
MCAA – MOUNTAIN & CO I ACQUISITION CORP * Extension Vote Set: Sep 14, 2023 * trust $11.40
GMFI – AETHERIUM ACQUISITION CORP * Extension Vote Set: Mar 05, 2024 * trust $11.01

YESTERDAY’S TOP SPAC GAINERS
14.83% ~ $ 13.78 | PTWO – Pono Capital Two, Inc. (Announced)
12.36% ~ $ 9.00 | WNNR – Andretti Acquisition Corp. (Announced)
6.43% ~ $ 49.68 | DWAC – Digital World Acquisition Corp. (Announced)
5.65% ~ $ 11.40 | TGVC – TG Venture Acquisition Corp. (Announced)
3.16% ~ $ 11.44 | AVHI – Achari Ventures Holdings Corp. I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-34.23% ~ $ 7.36 | ARIZ – Arisz Acquisition Corp. (Announced)
-18.89% ~ $ 8.16 | ADOC – Edoc Acquisition Corp (Announced)
-18.83% ~ $ 10.00 | SEPA – SEP ACQUISITION CORP (Announced)
-11.29% ~ $ 9.90 | SZZL – Sizzle Acquisition Corp. (Announced)
-7.02% ~ $ 9.53 | APAC – StoneBridge Acquisition Corp. (Announced)

THIS WEEK’S EXTENSION VOTES
ARYD – ARYA SCIENCES ACQUISITION CORP IV * vote Feb 27, 2024 -> extend to March 2, 2025
CMCA – CAPITALWORKS EMERGING MARKETS ACQUISITION CORP * vote Feb 29, 2024 -> extend from March 3, 2024 to March 3, 2025
COOL – CORNER GROWTH ACQUISITION CORP * vote Feb 29, 2024 -> extend from from March 20, 2024 to June 30, 2024
ENCP – ENERGEM CORP * vote Feb 16, 2024 -> extend to Aug 18, 2024
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * vote Feb 26, 2024 -> extend from Feb 28, 2024 to Aug 28, 2024

THIS WEEK’S MERGER VOTES
MBTC + Cognos Therapeutics Inc
CNDB + GCT SEMICONDUCTOR INC
ENCP + Graphjet Technology
ARIZ + BitFuFu
ASCA + NewGen Group
TGVC + Flexi Group

Recent Analysis

Daily SPAC Update – July 17, 2024

ZLS – Zalatoris II Updates Trust Ahead of Vote. AFAR Extension Approved w/ 2.7M Redemptions. AVHI – Achari Ventures Extends. MACI Separate Trading Today. Ocean Capital Withdraws Registration.

Daily SPAC Update – July 12, 2024

LPAA Launch One Acquisition $200M IPO. ALSA Extension Vote. VCXB Liquidation. QETA LOI Triggers Auto-Extension. MCAC Deal Approved w/ 3.7M Redemptions.

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