Daily SPAC Update – February 10, 2025

by | Feb 10, 2025

PowerUp Acquisition (PWUP) Deal Vote Approved. Rigel Resource Acquisition (RRAC) Deal Vote Postponed Again.

Boardroom Alpha SPAC Resources
Full SPAC Listing
SPAC SEC Filings
Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

SPAC VOTE RESULTS
PWUP – POWERUP ACQUISITION CORP * Deal Approved * 507,631 redeemed * $5,802,222.33 removed * trust $11.43

OTHER SPAC NEWS
RRAC – RIGEL RESOURCE ACQUISITION CORP * Deal Vote Postponed

SEPARATE WARRANTS/RIGHTS
Feb 11: FG MERGER II CORP (FGMC)

YESTERDAY’S TOP SPAC GAINERS
14.87% ~ $ 4.48 | BOWN – BOWEN ACQUISITION CORP (Announced)
3.14% ~ $ 12.50 | TETE – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP (Announced)
2.63% ~ $ 8.19 | RFAC – RF ACQUISITION CORP (Announced)
1.67% ~ $ 12.19 | MSSA – METAL SKY STAR ACQUISITION CORP (Pre-Deal)
1.65% ~ $ 11.69 | GDST – GOLDENSTONE ACQUISITION LTD (Announced)

YESTERDAY’S TOP SPAC LOSERS
-24.03% ~ $ 7.83 | GLST – GLOBAL STAR ACQUISITION INC (Announced)
-11.52% ~ $ 9.75 | WAVS – WESTERN ACQUISITION VENTURES CORP (Announced)
-7.56% ~ $ 11.00 | PLMJ – PLUM ACQUISITION CORP III (Announced)
-2.58% ~ $ 11.69 | CSLM – CSLM ACQUISITION CORP (Announced)
-2.50% ~ $ 10.94 | BLAC – BELLEVUE LIFE SCIENCES ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Feb 06 | $ 10.02 | KFII – K GROWTH ACQUISITION CORP. II
Jan 29 | $ 10.06 | SVCC – Stellar V Capital Corp.
Jan 28 | $ 9.85 | FGMC – FG Merger II Corp.
Jan 27 | $ 10.04 | DMAA – Drugs Made In America Acquisition Corp.
Jan 21 | $ 10.07 | COLA – Columbus Acquisition Corp
Jan 16 | $ 10.05 | HVII – Hennessy Capital Investment Corp. VII
Jan 14 | $ 10.06 | PLMK – Plum Acquisition Corp, IV
Jan 14 | $ 10.10 | RIBB – Ribbon Acquisition Corp.

Recent Analysis

Daily SPAC Update – March 25, 2025

Newbury Street and DT Cloud Extend with $5.7M and $20M in Redemptions. Compass Digital Extension Vote Set. Concord Gets New Auditor. Winvest Delisting.

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.