Daily SPAC Update – Jan 24, 2024

by | Jan 24, 2024

Daily SPAC Update for Jan 24, 2024. CSLM + Fusemachines merger agreement. Extensions for APAC, HCMA, CLOE. Votes set for PTWO, BITE, ARIZ.

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SPAC VOTE RESULTS
APAC – STONEBRIDGE ACQUISITION CORP * Extend to Jul 20, 2024 * 210,813 redeemed * trust $11.36
HCMA – HCM ACQUISITION CORP * Extend to Apr 25, 2024 * 2,460,044 redeemed
CLOE – CLOVER LEAF CAPITAL CORP * Extend to Jul 22, 2024 * 202,360 redeemed * trust $11.71
CSTAF – Adjourned extension vote to Jan 25

SPAC VOTES SET
PTWO – PONO CAPITAL TWO INC * Extension Vote Set: Feb 05, 2024 * trust $10.80
BITE – BITE ACQUISITION CORP * Extension Vote Set: Feb 13, 2024 * trust $10.71
ARIZ – ARISZ ACQUISITION CORP * Extension Vote Set: Feb 05, 2024 * trust $11.13

OTHER SPAC NEWS
CSLM – CSLM ACQUISITION CORP * Deal Announced w/ Fusemachines * SPAC Merger Deal filing
JWSM – JAWS MUSTANG ACQUISITION CORP * Announces redemptions in advance of meeting * 1,023,321 redeemed

YESTERDAY’S TOP SPAC GAINERS
18.40% ~ $ 5.02 | ATAK – Aurora Technology Acquisition Corp. (Announced)
12.66% ~ $ 12.90 | APAC – StoneBridge Acquisition Corp. (Announced)
12.37% ~ $ 20.81 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
11.97% ~ $ 8.23 | NUBI – Nubia Brand International Corp. (Announced)
3.94% ~ $ 11.60 | CLRC – ClimateRock (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.63% ~ $ 11.75 | OTEC – OceanTech Acquisitions I Corp. (Announced)
-4.65% ~ $ 6.77 | NCAC – Newcourt Acquisition Corp (Announced)
-2.27% ~ $ 10.75 | TWLV – Twelve Seas Investment Company II (Pre-Deal)
-1.78% ~ $ 10.50 | EMLD – FTAC Emerald Acquisition Corp. (Pre-Deal)
-1.51% ~ $ 11.08 | MAQC – Maquia Capital Acquisition Corporation (Announced)

Recent Analysis

Daily SPAC Update – September 17, 2024

PLMI DeSPACs to VEEA. CHEB and SHPO SPAC Deals Announced. OAKU Sets Extension Vote. Prospect Energy Holdings Pulls SPAC IPO. AOGO Delists. Zalatoris II Redemption Update. NBST Trust Update.

Daily SPAC Update – September 16, 2024

Alpha Star Acquisition + OU XData Group SPAC Deal. GATE Extension Approved. FIAC Deal Approved. NNAG Liquidation. NBST Extension Vote Set. BAYA and ROSS Extension Votes.

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