Daily SPAC Update – January 6, 2025

by | Jan 6, 2025

Colombier II Deal with GrabAGun. Northern Start Investment II, III, and IV Dissolution Votes. Bannix (BNIX) Defers Obligations to Post Merger. Israel Acquisitions (ISRL) Extension Vote.

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SPAC DEALS ANNOUNCED
Jan 06 | CLBR – Colombier Acquisition Corp II + GrabAGun

ABOUT GrabAGun
We are defenders. We are sportsmen. We are outdoorsmen. We believe that it is our American duty to help everyone, from first-time buyers to long-time enthusiasts, understand and legally secure their firearms and accessories. That’s why our arsenal is fully packed, consistently refreshed, and always loaded with high-quality, affordable firearms and accessories. Industry-leading brands that GrabAGun works with include Smith & Wesson Brands, Sturm, Ruger & Co., SIG Sauer, Glock, Springfield Armory and Hornady Manufacturing, among others. GrabAGun is a fast growing, digitally native eCommerce retailer of firearms and ammunition, related accessories and other outdoor enthusiast products. Building on the Company’s proprietary software expertise, the Company’s eCommerce site has become one of the leading firearm retail websites. In addition to its eCommerce excellence, GrabAGun has developed industry-leading solutions that revolutionize supply chain management, combining dynamic inventory and order management with AI-powered pricing and demand forecasting. These advancements enable seamless logistics, efficient regulatory compliance and a streamlined experience for customers.

SPAC VOTE RESULTS
SUAC – SHOULDERUP TECHNOLOGY ACQUISITION CORP * Extend * 1,080 redeemed * trust $10.94
NSTB – NORTHERN STAR INVESTMENT CORP II * Liquidation/Dissolution
NSTC – NORTHERN STAR INVESTMENT CORP III * Liquidation/Dissolution
NSTD – NORTHERN STAR INVESTMENT CORP IV * Liquidation/Dissolution

OTHER SPAC NEWS
BNIX – BANNIX ACQUISITION CORP * Defers transactions/Obligations
DSAQ – DIRECT SELLING ACQUISITION CORP * Merger Agreement Amendment

EXTENSION VOTES
ISRL – ISRAEL ACQUISITIONS CORP * vote Jan 6, 2025 -> extend to January 18, 2026

YESTERDAY’S TOP SPAC GAINERS
5.38% ~ $ 11.95 | FTII – Future Tech II Acquisition Corp. (Announced)
2.34% ~ $ 10.05 | LATG – LatAmGrowth SPAC (Announced)
2.14% ~ $ 11.00 | ESHA – ESH Acquisition Corp. (Pre-Deal)
1.10% ~ $ 10.99 | WAVS – Western Acquisition Ventures Corp. (Announced)
.87% ~ $ 11.30 | BNIX – Bannix Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-7.92% ~ $ 10.81 | GLLI – Globalink Investment Inc. (Announced)
-6.30% ~ $ 10.86 | HAIA – Healthcare AI Acquisition Corp. (Announced)
-2.13% ~ $ 11.50 | IGTA – Inception Growth Acquisition Ltd (Announced)
-1.67% ~ $ 12.33 | KACL – Kairous Acquisition Corp. Ltd (Announced)
-1.56% ~ $ 11.35 | BLAC – Bellevue Life Sciences Acquisition Corp. (Announced)

LATEST SPAC IPO PERFORMANCE
Dec 23 | $ 10.01 | TDAC – Translational Development Acquisition Corp.
Dec 19 | $ 10.05 | RANG – Range Capital Acquisition Corp.
Dec 12 | $ 9.97 | DRDB – Roman DBDR Acquisition Corp. II
Dec 12 | $ 10.04 | MLAC – Mountain Lake Acquisition Corp.
Dec 10 | $ 10.05 | JACS – Jackson Acquisition Co II

Recent Analysis

Daily SPAC Update – January 16, 2025

LATG DeSPACs to Femco Steel Technology (KBSX). Plum Acquisition III Extension Vote. RRAC and EVGR Extension Votes Set. NOEM Separate Trading on Jan 16. 

Daily SPAC Update – January 15, 2025

$150M Plum Acquisition IV and $50M Ribbon Acquisition SPAC IPOs. Aimfinity (AIMAU) and Quetta (QETA) Extensions Approved. Bowen (BOWN) + Qianzhi BioTech Deal Approved. 

Daily SPAC Update – January 14, 2025

Cohen Circle (CCIR) LOI with Ukranian Firm. BRKH DeSPACs to Blaize (BZAI). PPYA Extension Vote. Aimfinity Extends to Oct 2025. Bowen Acquisition (BOWN) Forward Purchase Agreement. 

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