Daily SPAC Update – Jan 10, 2024

by David Pogemiller | Jan 10, 2024

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

Weekly Activism & Executive Moves Review (April 26)

Norfolk Southern vs. Ancora is getting ugly(er). Arena Group promotes insider to CEO after a tough year. Keurig Dr Pepper puts their COO at the helm.

Daily SPAC Update – April 26, 2024

XFIN Extends. ALCC + Oklo Deal Vote on May 7. PHYT Extension Vote Today.

Daily SPAC Update – April 25, 2024

XFIN Extension Vote. SCRM Non-Redemption Agreement. INAQ Fires CEO/CFO After Improper Trust Actions.

Disclaimer

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