Daily SPAC Update – Feb 29, 2024

by | Feb 29, 2024

Webull in $7.3B SPAC Deal with SKGR. GMFI + Capital A International. ARYD and ARIZ Extensions Approved. TGVC / Flexi Group Deal Termination. CMCA, COOL Extension Votes Today.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
GMFI + Capital A International
SKGR + Webull (Investor Presentation, Bloomberg Article)

EXTENSION VOTES
CMCA – CAPITALWORKS EMERGING MARKETS ACQUISITION CORP *  extend from March 3, 2024 to March 3, 2025
COOL – CORNER GROWTH ACQUISITION CORP * extend from from March 20, 2024 to June 30, 2024

SPAC DEAL TERMINATION
TGVC – TG VENTURE ACQUISITION CORP * Deal termination

SPAC VOTE RESULTS
MBTC – NOCTURNE ACQUISITION CORP * Charter Amendment * 621 redeemed
ARYD – ARYA SCIENCES ACQUISITION CORP IV * Extend to Mar 02, 2025 * 390,815 redeemed * trust $11.15
ARIZ – ARISZ ACQUISITION CORP * Deal Approved * 2,282,657 redeemed * trust $11.14

SPAC VOTES SET
ADOC – EDOC ACQUISITION CORP * Postponed to March 5, 2025

YESTERDAY’S TOP SPAC GAINERS
20.00% ~ $ 12.00 | SEPA – SEP ACQUISITION CORP (Announced)
8.25% ~ $ 12.68 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
5.10% ~ $ 10.72 | CNDB – Concord Acquisition Corp III (Announced)
5.10% ~ $ 8.25 | ARIZ – Arisz Acquisition Corp. (Announced)
3.39% ~ $ 10.38 | ASCA – ASPAC I Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-25.43% ~ $ 8.21 | ENCP – Energem Corp (Announced)
-12.81% ~ $ 10.69 | GIA – GigCapital5, Inc. (Announced)
-7.38% ~ $ 5.02 | LBBB – Lakeshore Acquisition II Corp. (Announced)
-7.22% ~ $ 9.00 | OXUS – Oxus Acquisition Corp. (Announced)
-3.05% ~ $ 10.81 | VHAQ – Viveon Health Acquisition Corp. (Announced)

Recent Analysis

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