Daily SPAC Update – Feb 9, 2024

by | Feb 9, 2024

Daily SPAC Update for Feb 9, 2024. DWAC Gets $50M Funding. OTEC + Regentis Biomaterials Deal Vote. CPTK Extension Vote (take 2). WNNR, CHAA, CVII Investor Decks.

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Daily SPAC Update

DeSPACs
ATAK -> DHAI

MERGER VOTES
OTEC + Regentis Biomaterials Ltd

EXTENSION VOTES
CPTK – CROWN PROPTECH ACQUISITIONS * extend to Aug 11, 2024

OTHER SPAC NEWS
CVII – CHURCHILL CAPITAL CORP VII * Made analyst day presentation video available
WNNR – ANDRETTI ACQUISITION CORP * Investor deck available
CHAA – CATCHA INVESTMENT CORP * Investor deck available
SZZL – SIZZLE ACQUISITION CORP * Adds a new PIPE; Cancels forward purchase agreement
DWAC – DIGITAL WORLD ACQUISITION CORP * $50M convertible promissary note

SPAC VOTES SET
TGVC – TG VENTURE ACQUISITION CORP * Deal vote delayed to Feb 22 * trust $11.17
ARIZ – ARISZ ACQUISITION CORP * Deal Vote Set: Feb 28, 2024 * trust $11.14
ADOC – EDOC ACQUISITION CORP * Deal Vote Set: Feb 26, 0204 * trust $11.76
CPTK – CROWN PROPTECH ACQUISITIONS * Extension vote adjourned to Feb 9

SPAC VOTE RESULTS
PTWO – PONO CAPITAL TWO INC * Extend to Nov 09, 2024 * 273,334 redeemed
MAQC – MAQUIA CAPITAL ACQUISITION CORP * Extend to Aug 07, 2024 * 93,402 redeemed

YESTERDAY’S TOP SPAC GAINERS
38.90% ~ $ 12.50 | OXUS – Oxus Acquisition Corp. (Announced)
13.82% ~ $ 6.26 | CHEA – Chenghe Acquisition Co. (Announced)
12.21% ~ $ 11.21 | TGVC – TG Venture Acquisition Corp. (Announced)
5.47% ~ $ 5.01 | DECA – Denali Capital Acquisition Corp. (Announced)
5.18% ~ $ 11.37 | TWLV – Twelve Seas Investment Company II (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-24.04% ~ $ 5.34 | PBAX – Phoenix Biotech Acquisition Corp. (Announced)
-14.69% ~ $ 4.53 | LGST – Semper Paratus Acquisition Corp (Announced)
-8.63% ~ $ 11.75 | OTEC – OceanTech Acquisitions I Corp. (Announced)
-8.25% ~ $ 6.78 | QFTA – Quantum FinTech Acquisition Corp (Announced)
-6.43% ~ $ 9.75 | ARRW – Arrowroot Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC Update – October 1, 2024

Trailblazer (TBMC) and Learn CW (LCW) Shareholders Approve Extension and Deal. NPAB and LATG Set Extension Votes. BCSA Deal Termination. DSAQ and SLAMF Amend Mergers.

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