Daily SPAC Update – Jan 19, 2024

by | Jan 19, 2024

Daily SPAC Update for Jan 19, 2024. JVSAU $50M IPO. KYCH, EAC, EMLD extension votes. 2 deal delays (SZZL, OTEC). DMAQ / TruGolf deal vote.

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SPAC IPO
JVSA – JVSPAC Acquisition Corp. $50M IPO

MERGER VOTES
DMAQ + TruGolf

EXTENSION VOTES
EAC – EDIFY ACQUISITION CORP * vote Jan 19, 2024 -> 6 monthly options to July 20, 2024
EMLD – FTAC EMERALD ACQUISITION CORP * vote Jan 16, 2024 -> extend to Dec 20, 2024
KYCH – KEYARCH ACQUISITION CORP * vote Jan 19, 2024 -> extend to July 27, 2024

SPAC DEALS ANNOUNCED
BOWN + Shenzhen Qianzhi BioTechnology Co., Ltd
DSAQ + FlyBlade (India) Private Limited (Hunch Mobility)

OTHER SPAC NEWS
GIA – GIGCAPITAL5 INC * Releases deal deck
SZZL – SIZZLE ACQUISITION CORP * Delays deal vote to Jan 31
OTEC – OCEANTECH ACQUISITIONS I CORPDelays deal vote to Feb 9 
ATAK – AURORA TECHNOLOGY ACQUISITION CORPRisk it will have to liquidate if can’t complete deal in time * trust $11.09

VOTE RESULTS / SET
TENK – TENX KEANE ACQUISITION * Extend to Nov 18, 2024 * 2,287,923 redeemed * trust $10.90
CBRG – CHAIN BRIDGE I * Extension Vote Set: Feb 07, 2024 to Nov 15, 2024 * trust $10.92

YESTERDAY’S TOP SPAC GAINERS
18.40% ~ $ 5.02 | ATAK – Aurora Technology Acquisition Corp. (Announced)
14.92% ~ $ 7.24 | NUBI – Nubia Brand International Corp. (Announced)
10.98% ~ $ 25.58 | DWAC – Digital World Acquisition Corp. (Announced)
5.51% ~ $ 11.30 | TWLV – Twelve Seas Investment Company II (Pre-Deal)
3.40% ~ $ 10.94 | CDAQ – Compass Digital Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-32.59% ~ $ 7.82 | NCAC – Newcourt Acquisition Corp (Announced)
-11.63% ~ $ 19.45 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
-8.89% ~ $ 8.20 | DMAQ – Deep Medicine Acquisition Corp. (Announced)
-3.91% ~ $ 5.65 | DECA – Denali Capital Acquisition Corp. (Announced)
-3.30% ~ $ 10.94 | GTAC – Global Technology Acquisition Corp. I (Pre-Deal)

Recent Analysis

CEO & CFO Moves Review (Sept 6)

This week’s moves include CEO and CFO changes include moves at Accuray Inc. (ARAY), Atlassian Corporation (TEAM), Azenta Inc. (AZTA), Bloomin’ Brands, Inc. (BLMN), Chipotle Mexican Grill, Inc. (CMG), Fossil Group, Inc. (FOSL), NovoCure Limited (NVCR), and Repligen Corporation (RGEN).

Daily SPAC Update – September 6, 2024

CDAQ + EEW Renewables and EVGR + Forekast Deals Announced. Vine Hill (VCIC) and Andretti (POLE) $200M SPAC IPOs. PPHP Extension Approved. XFIN Deal Vote Set.

Daily SPAC Update – September 5, 2024

KVAC + Medera Deal Announced. IRAA Extension Vote. ACAB and RFAC Set Extension Votes. Merger Agreements for DECA, CCTS and ACAB Amendment. CLOE Vote Postponed (again).

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