Daily SPAC Update – January 24, 2025

by | Jan 24, 2025

ShoulderUp (SUAC) Extension Vote. RF Acquisition (RFAC) Deal Approved. Western Acquisition + Cycurion Deal Vote. FTAC Emerald (FLDD) Deal Vote Set.

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Daily SPAC Update

SPAC VOTE RESULTS
RFAC – RF ACQUISITION CORP * Deal Approved * 1,522,973 redeemed

EXTENSION VOTES
SUAC – SHOULDERUP TECHNOLOGY ACQUISITION CORP * vote January 24, 2025 -> extend from January 24, 2025 to February 24, 2025

MERGER VOTES
WAVS – Western Acquisition Ventures Corp Cycurion, Inc.
Cycurion is a McLean, Virginia-based technology enabled cybersecurity company, providing proprietary innovative solutions to Federal, State and Local government agencies and commercial partners. The Company’s software-based technology provides multiple layers of defense to stop penetrations on the front end, as well as monitors and detections on the back end. Leveraging its team of deeply skilled technology veterans with high-level security clearances, Cycurion combines its unique platform with a suite of services for Government agencies, C-Suite executives and Boards of Directors to access and process information allowing them to monitor the security profile of their network.

SPAC DEAL & EXTENSION VOTES SET
FLDD – Ftac Emerald Acquisition Corp * DEAL VOTE SET: Feb 12, 2025 * trust $11.04

SEPARATE WARRANTS/RIGHTS
SPHA on Jan 27

OTHER SPAC NEWS
WAVS – WESTERN ACQUISITION VENTURES CORP * Delisting
BHAC – FOCUS IMPACT BH3 ACQUISITION CO * Investor Deck
FTII – FUTURETECH II ACQUISITION CORP * Redemption Overpayment from Trust

YESTERDAY’S TOP SPAC GAINERS
4.10% ~ $ 12.00 | PWUP – POWERUP ACQUISITION CORP (Announced)
2.73% ~ $ 12.06 | HSPO – HORIZON SPACE ACQUISITION I CORP (Announced)
2.60% ~ $ 11.85 | IPXX – INFLECTION POINT ACQUISITION CORP II (Announced)
2.36% ~ $ 11.70 | PLMJ – PLUM ACQUISITION CORP III (Pre-Deal)
2.30% ~ $ 12.48 | WINV – WINVEST ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-23.38% ~ $ 8.54 | GODN – GOLDEN STAR ACQUISITION CORP (Announced)
-13.33% ~ $ 6.50 | RFAC – RF ACQUISITION CORP (Announced)
-11.52% ~ $ 9.75 | WAVS – WESTERN ACQUISITION VENTURES CORP (Announced)
-5.16% ~ $ 11.31 | BLAC – BELLEVUE LIFE SCIENCES ACQUISITION CORP (Announced)
-2.58% ~ $ 11.69 | CSLM – CSLM ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Jan 21 |  | COLA – Columbus Acquisition Corp
Jan 16 | $ 10.01 | HVII – Hennessy Capital Investment Corp. VII
Jan 14 | $ 10.04 | RIBB – Ribbon Acquisition Corp.
Jan 14 | $ 10.04 | PLMK – Plum Acquisition Corp, IV
Jan 07 | $ 10.07 | CEPO – Cantor Equity Partners I, Inc.

 

Recent Analysis

Daily SPAC Update – February 12, 2025

Nabors Energy Transition II (NETD) Deal Announced with e2Companies. Atherium (GMFI) Extension Vote. Global Star (GLST) Fixes Trust Mistake. FTAC Emerald (FLDD) Deal Vote Delayed to Feb 13.

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