Daily SPAC Update – Jan 10, 2024

by David Pogemiller | Jan 10, 2024

Full SPAC Listing

VOTE RESULTS & UPDATES
SVII – SPRING VALLEY ACQUISITION CORP II * Redemption Update * 11,036,652 redeemed
DECA – DENALI CAPITAL ACQUISITION CORP * Deal Vote * 4,440,202 redeemed

VOTES SET
TGVC – TG VENTURE ACQUISITION CORP * Deal Vote Set: Feb 08, 2024 * trust $11.12
CSTA – CONSTELLATION ACQUISITION CORP I * Extension Vote Set: Jan 23, 2024 * trust $11.11

TODAY’S VOTES
ALSA – ALPHA STAR ACQUISITION CORP * extend to September 15, 2024
BRAC – BROAD CAPITAL ACQUISITION CORP * extend to Jan 13, 2025
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * extend to Sept 30, 2024
SVII – SPRING VALLEY ACQUISITION CORP II * extend to Oct 17, 2025

DEAL ANNOUNCEMENTS
EMLD LOI with ?

SEPARATE WARRANTS/RIGHTS
CLBR on Jan 11

YESTERDAY’S TOP SPAC LOSERS
-35.27% ~ $ 7.03 | DECA – Denali Capital Acquisition Corp. (Announced)
-21.39% ~ $ 7.94 | PTHR – Pono Capital Three, Inc (Announced)
-9.86% ~ $ 4.99 | NUBI – Nubia Brand International Corp. (Announced)
-3.71% ~ $ 4.41 | ATAK – Aurora Technology Acquisition Corp. (Announced)
-1.38% ~ $ 10.70 | COOL – Corner Growth Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC GAINERS
48.14% ~ $ 21.48 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
8.02% ~ $ 11.32 | HCVI – Hennessy Capital Investment Corp. VI (Pre-Deal)
4.09% ~ $ 10.95 | GHIX – Gores Holdings IX, Inc. (Pre-Deal)
3.19% ~ $ 10.68 | SBXC – SilverBox Corp III (Pre-Deal)
2.93% ~ $ 11.59 | FLME – Flame Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC: CAEP Forward Purchase, AIR-Pubco – May 12, 2026

Cantor Equity Partners III (CAEP) announced a forward purchase with Harraden Circle to fund the CAEP-AIR-Pubco business combination. Columbus Acquisition (COLA) issued a convertible extension note to WISeSat.Space. MTD: 5 SPAC IPOs raised $700M through the first 12 sessions of May vs. 2 IPOs / $350M over the same span in April.

Daily SPAC Update – May 11, 2026

Risking Dragon (RDAC) extension vote set. Flag Ship enters letter of intent with Bluechip. Alchemy Investments to delist and move to OTC on May 14.

Daily SPAC Update – May 8, 2026

Starlink AI Acquisition Corp (OTAI) launched its $100 million IPO today, marking the fifth SPAC IPO this month, raising a total of $800 million. APAD DeSPACs to Enhanced Ltd. Meanwhile, GigCapital7 Corp (GIG) secured non-redemption waivers to support its merger with Hadron Energy, while Climatetrock (CLRCF) extended its deadline to November 2026 with $59,922 removed from trust.

Viasat Agrees to Add Two Carronade-Backed Directors

Viasat Inc. (VSAT) has entered into a cooperation agreement with Carronade Capital Management, expanding its board from eight to ten directors. This agreement comes as Viasat trails the S&P 500 by 6 points on a five-year CAGR basis. Carronade, holding a 3.8% stake, secures two independent board seats.

Daily SPAC Update – May 7, 2026

Shreya Acquisition Group (SAGU) launched its $100 million IPO today, marking the fourth SPAC IPO this month. Meanwhile, Legato Merger Corp III (LEGT) secured a three-month extension for its merger, with over $35 million redeemed. Additionally, Gigcapital7 Corp (GIG) holds a merger vote today with Hadron Energy, a leader in modular nuclear technology.

Subscribe to Boardroom Alpha Newsletters

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.