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.

Boardroom Alpha SPAC Resources
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha SPAC Intelligence Platform (7-Day Trial)

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

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.