Daily SPAC Update – January 27, 2025

by | Jan 27, 2025

3 SPAC Deals Start the Week: Israel Acquisition (ISRL) + Gadfin and Embrace Change (EMCG) + Tianji Tire Global. Black Spade II (BSII) + World Media and Entertainment Universal.

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DeSPACs
Jan 27: GODN DeSPAC to Gamehaus (GMHS)

SPAC DEALS ANNOUNCED
Jan 27 | ISRL – Israel Acquisitions Corp + Gadfin Ltd.

ABOUT Gadfin Ltd.
Gadfin is a pioneering technology company revolutionizing the logistics and cargo delivery industry with its innovative hydrogen-powered drones. Specializing in long-range, heavy-duty, zero-emission aerial delivery, Gadfin provides cutting-edge solutions for time-critical, essential cargo transport, especially to less accessible areas. Gadfin’s proprietary technology is designed to address the evolving needs of sectors such as healthcare, logistics, and industrial supply chains, enabling efficient, sustainable, and reliable deliveries across urban and remote areas. Led by Eyal Regev, one of the earliest pioneers of the vertical take-off and landing (“VTOL”) cargo delivery vision, Gadfin’s comprehensive approach includes innovative VTOL design, state-of-the-art drone manufacturing, advanced operational platforms, and tailored support services, ensuring seamless integration into its clients’ logistics frameworks. Headquartered in Israel, Gadfin is pioneering the way in transforming how goods are transported, helping its partners meet the demands of the modern world while reducing environmental impact. Backed by prominent investors, SIBF VC (www.sibf.vc) and Gehr Group (www.gehr.com), Gadfin is poised to lead the charge in sustainable and efficient logistics solutions.

Jan 27 | EMCG – Embrace Change Acquisition Corp + Tianji Tire Global

ABOUT Tianji Tire Global
Tianji is a leading tire manufacturer with operations mainly conducted by its subsidiaries based in mainland China, specializing in the design, research and development, production and sales of tires, with a primary focus on all-steel, tubeless radial tires for medium- and short-distance transportation. The Company’s collection of tires is curated under six renowned brands, namely the premium brand SEMES, the mid- to high-end brand Tianxin, the mass-market brands Lunaite, Aoben and GFT Rider, as well as the brand Kuangshan Jiuhao designed specifically for mining transportation. Each of these brands stands out in quality and technical performance characteristics with distinctive features and precise identities. Founded in 2020, Tianji has successfully established an extensive presence in China, and is continuing to expand its footprint nationwide to reach more potential customers.

Jan 27 | BSII – Black Spade Acquisition Ii Co + World Media and Entertainment Universal Inc.

ABOUT World Media and Entertainment Universal Inc.
World Media and Entertainment Universal Inc., jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. WME comprises L’Officiel, The Art Newspaper, movie and entertainment projects, collectively a diversified media and entertainment portfolio of businesses, and a global portfolio of premium properties.

OTHER SPAC NEWS
BSII – BLACK SPADE ACQUISITION II CO * Merger Agreement
ISRL – ISRAEL ACQUISITIONS CORP * Merger Agreement
EMCG – EMBRACE CHANGE ACQUISITION CORP * Merger Agreement

SEPARATE WARRANTS/RIGHTS
SPHA on Jan 27

YESTERDAY’S TOP SPAC GAINERS
6.62% ~ $ 6.93 | RFAC – RF ACQUISITION CORP (Announced)
5.96% ~ $ 7.21 | BOWN – BOWEN ACQUISITION CORP (Announced)
3.82% ~ $ 11.70 | YOTA – YOTTA ACQUISITION CORP (Announced)
3.14% ~ $ 12.50 | TETE – TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP (Announced)
3.09% ~ $ 11.66 | BLAC – BELLEVUE LIFE SCIENCES ACQUISITION CORP (Announced)

YESTERDAY’S TOP SPAC LOSERS
-11.52% ~ $ 9.75 | WAVS – WESTERN ACQUISITION VENTURES CORP (Announced)
-3.93% ~ $ 11.99 | WINV – WINVEST ACQUISITION CORP (Announced)
-2.99% ~ $ 11.70 | HSPO – HORIZON SPACE ACQUISITION I CORP (Announced)
-2.58% ~ $ 11.69 | CSLM – CSLM ACQUISITION CORP (Announced)
-1.67% ~ $ 11.81 | WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP (Announced)

LATEST SPAC IPO PERFORMANCE
Jan 21 |  | COLA – Columbus Acquisition Corp
Jan 16 | $ 10.03 | HVII – Hennessy Capital Investment Corp. VII
Jan 14 | $ 10.05 | RIBB – Ribbon Acquisition Corp.
Jan 14 | $ 10.04 | PLMK – Plum Acquisition Corp, IV
Jan 07 | $ 10.07 | CEPO – Cantor Equity Partners I, Inc.

 

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