Daily SPAC Update – January 7, 2025

by | Jan 7, 2025

Range Capital (RANGU) Over-Allotment Exercised. Finnovate Acquisition (FNVTF) Deal Vote Set. GrabAGun + CLBR Deal Announced. DTJ and Omeed Malik on Bartiromo.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
FNVTF – Finnovate Acquisition Corp * DEAL VOTE SET: Jan 30, 2025 * trust $11.85

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.

Transcript: Mornings With Maria Bartiromo – Maria Bartiromo Interview With Donald Trump Jr. and Omeed Malik on GrabAGun + Colombier Deal

OTHER SPAC NEWS
CLBR – COLOMBIER ACQUISITION CORP II * Investor Deck
RANGU – RANGE CAPITAL ACQUISITION CORP * Exercise of Underwriter Over-Allotment: $15 million

SPAC LIQUIDATIONS
Qomolangma Acquisition Corp. (QOMO)-> Liquidation on Jan 06

YESTERDAY’S TOP SPAC GAINERS
5.38% ~ $ 11.95 | FTII – Future Tech II Acquisition Corp. (Announced)
4.13% ~ $ 12.86 | IPXX – Inflection Point Acquisition Corp. II (Announced)
2.23% ~ $ 10.53 | CCIX – Churchill Capital Corp IX (Pre-Deal)
2.14% ~ $ 11.00 | ESHA – ESH Acquisition Corp. (Pre-Deal)
.52% ~ $ 11.66 | BRKH – BurTech Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-7.92% ~ $ 10.81 | GLLI – Globalink Investment Inc. (Announced)
-6.30% ~ $ 10.86 | HAIA – Healthcare AI Acquisition Corp. (Announced)
-5.00% ~ $ 11.20 | CLBR – COLOMBIER ACQUISITION CORP. II (Announced)
-2.13% ~ $ 11.50 | IGTA – Inception Growth Acquisition Ltd (Announced)
-1.67% ~ $ 12.33 | KACL – Kairous Acquisition Corp. Ltd (Announced)

LATEST SPAC IPO PERFORMANCE
Dec 23 | $ 10.01 | TDAC – Translational Development Acquisition Corp.
Dec 19 | $ 10.06 | RANG – Range Capital Acquisition Corp.
Dec 12 | $ 9.96 | DRDB – Roman DBDR Acquisition Corp. II
Dec 12 | $ 10.04 | MLAC – Mountain Lake Acquisition Corp.
Dec 10 | $ 10.06 | JACS – Jackson Acquisition Co II

Recent Analysis

Daily SPAC: BREZ $125M IPO, GPAT Non-Redemption Agreements – May 13, 2026

GP-ACT III Acquisition (GPAT) disclosed non-redemption agreements tied to extension and trust-amendment votes, with investors pledging support and no redemptions alongside sponsor share transfers. Breeze Acquisition Corp. II (BREZ) priced a $125M IPO today with 100.2% initial trust funding; May MTD is 6 IPOs for $825M through 13 sessions vs. 2 IPOs / $350M at the same point last month.

Daily SPAC: CAEP Forward Purchase, AIR-Pubco – May 12, 2026

Cantor Equity Partners III (CAEP) announced a forward purchase with Harraden Circle to fund the CAEP-AIR-Pubco business combination. Columbus Acquisition (COLA) issued a convertible extension note to WISeSat.Space. MTD: 5 SPAC IPOs raised $700M through the first 12 sessions of May vs. 2 IPOs / $350M over the same span in April.

Daily SPAC Update – May 11, 2026

Risking Dragon (RDAC) extension vote set. Flag Ship enters letter of intent with Bluechip. Alchemy Investments to delist and move to OTC on May 14.

Daily SPAC Update – May 8, 2026

Starlink AI Acquisition Corp (OTAI) launched its $100 million IPO today, marking the fifth SPAC IPO this month, raising a total of $800 million. APAD DeSPACs to Enhanced Ltd. Meanwhile, GigCapital7 Corp (GIG) secured non-redemption waivers to support its merger with Hadron Energy, while Climatetrock (CLRCF) extended its deadline to November 2026 with $59,922 removed from trust.

Viasat Agrees to Add Two Carronade-Backed Directors

Viasat Inc. (VSAT) has entered into a cooperation agreement with Carronade Capital Management, expanding its board from eight to ten directors. This agreement comes as Viasat trails the S&P 500 by 6 points on a five-year CAGR basis. Carronade, holding a 3.8% stake, secures two independent board seats.

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