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 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. 

Daily SPAC Update – January 9, 2025

FutureTech II (FTII) Trust Overpayments Continue. Aimfinity Investment (AIMAU) Sets Extension Vote. Western Acquisition (WAVS) Extension Approved. Global Star (GLST) Deal Vote Set. RANG/RANGU Separate Trading on Jan 13.

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