Daily SPAC Update – February 19, 2025

by | Feb 19, 2025

BRAC + Openmarkets Group Deal Terminated. Arogo Capital + Bangkok Tellink Deal Announced. Relativity Acquisition Extension Approved.

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Daily SPAC Update

SPAC DEAL TERMINATIONS (Last 10 Days)
2025-02-12: BRAC + Openmarkets Group

SPAC VOTE RESULTS
RACY – RELATIVITY ACQUISITION CORP * Extend to Feb 15, 2026 * 753 redeemed * $9,005.88 removed * trust $11.96

SPAC DEAL & EXTENSION VOTES SET
CMCAF – Capitalworks Emerging Markets Acquisition Corp * EXTENSION VOTE SET: Feb 28, 2025 * trust $11.54

SPAC DEALS ANNOUNCED
Feb 18 | AOGO – Arogo Capital Acquisition Corp + Bangkok Tellink Company Limited

ABOUT Bangkok Tellink Company Limited

Bangkok Tellink Co., Ltd, established in 2019, is at the forefront of Thailand’s telecommunications industry. By offering mobile network infrastructure, IoT devices, E-sim services, and software development, Bangkok Tellink provides integrated solutions that foster connectivity and productivity. Bangkok Tellink invests in innovation, operational efficiency, and sustainability to position itself as a prominent telecommunications and technology leader.

Feb 14 | QETA – Quetta Acquisition Corp + KM QUAD

ABOUT KM QUAD
KM QUAD’s operating subsidiary, Jiujiang Lida Technology Co. Ltd. (“Lida Technology,” also known as “QUAD”) was founded in 2016 in China, and over the years, QUAD has become one of the largest designers and manufacturers of film products applied in the automobile, construction, furniture, and battery industry nationwide. QUAD has over 100 intellectual property rights in China and 40 employees that are dedicated to research and development exclusively, and an established vast distribution network throughout China, covering over 200 cities in China.

OTHER SPAC NEWS
BRAC – BROAD CAPITAL ACQUISITION CORP * Deal Termination
NVAC – NORTHVIEW ACQUISITION CORP * Merger Agreement Amendment

YESTERDAY’S TOP SPAC GAINERS
14.38% ~ $ 3.50 | BOWN – BOWEN ACQUISITION CORP (Announced)
3.14% ~ $ 12.50 | TETE – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP (Announced)
1.33% ~ $ 12.15 | WINV – WINVEST ACQUISITION CORP (Announced)
1.05% ~ $ 11.35 | FTII – FUTURETECH II ACQUISITION CORP (Announced)
.99% ~ $ 11.26 | FORL – FOUR LEAF ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-15.73% ~ $ 9.27 | GLST – GLOBAL STAR ACQUISITION INC (Announced)
-14.84% ~ $ 9.24 | PWUP – POWERUP ACQUISITION CORP (Announced)
-7.56% ~ $ 11.00 | PLMJ – PLUM ACQUISITION CORP III (Announced)
-4.96% ~ $ 11.11 | DIST – DISTOKEN ACQUISITION CORP (Announced)
-2.04% ~ $ 11.07 | IPXX – INFLECTION POINT ACQUISITION CORP II (Announced)

LATEST SPAC IPO PERFORMANCE
Feb 12 | $ 10.01 | AACB – Artius II Acquisition Inc.
Feb 12 | $ 10.04 | MAYA – Maywood Acquisition Corp.
Feb 10 | $ 10.05 | ATII – Archimedes Tech SPAC Partners II Co.
Feb 06 | $ 10.02 | KFII – K GROWTH ACQUISITION CORP. II
Jan 29 | $ 10.08 | SVCC – Stellar V Capital Corp.
Jan 28 | $ 9.82 | FGMC – FG Merger II Corp.
Jan 27 | $ 10.06 | DMAA – Drugs Made In America Acquisition Corp.
Jan 21 | $ 10.12 | COLA – Columbus Acquisition Corp

Recent Analysis

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