Daily SPAC Update – July 1, 2024

by | Jul 1, 2024

AITR+American Metals LLC $170 Deal. BITE DeSPACs to ABVE. SEDA Extension and GPAC Deals Approved. MCAA + Barça Media Deal Terminated. GPAT Separate Trading.

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Daily SPAC Update

DeSPACs
BITE -> ABVE on Jul 01

SEPARATE WARRANTS/RIGHTS
GPAT on Jul 01

SPAC DEALS ANNOUNCED
AITR – Ai Transportation Acquisition Corp * + American Metals LLC

SPAC VOTE RESULTS
SEDA – SDCL EDGE ACQUISITION CORP * Extend to Nov 02, 2024 * 7,996,024 redeemed * trust $11.17
GPAC – GLOBAL PARTNER ACQUISITION CORP II * Deal Approved * 1,660,035 redeemed * trust $11.38

SPAC DEAL & EXTENSION VOTES SET
VCXB – 10x Capital Venture Acquisition Corp Iii * EXTENSION VOTE SET: Jul 11, 2024 * trust $11.02
DECA – Denali Capital Acquisition Corp * EXTENSION VOTE SET: Oct 11, 2023 * trust $11.43

SPAC DEAL TERMINATIONS
VCXB + Addimmune
MCAA + Barça Media

OTHER SPAC NEWS
MCAA – MOUNTAIN & CO I ACQUISITION CORP * Deal terminated
GODN – GOLDEN STAR ACQUISITION CORP * Merger Agreement Amendment
OAKU – OAK WOODS ACQUISITION CORP * Merger Agreement Amendment
CLOE – CLOVER LEAF CAPITAL CORP * Merger Agreement Amendment
BWAQ – BLUE WORLD ACQUISITION CORP * PIPE Amendement
TGAA – TARGET GLOBAL ACQUISITION I CORP * Vote Postponed
GODN – GOLDEN STAR ACQUISITION CORP * Vote Postponed

YESTERDAY’S TOP SPAC GAINERS
10.42% ~ $ 11.76 | GPAC – Global Partner Acquisition Corp II (Announced)
7.81% ~ $ 8.70 | BWAQ – Blue World Acquisition Corp (Announced)
1.42% ~ $ 12.51 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
1.34% ~ $ 10.55 | SEPA – SEP ACQUISITION CORP (Pre-Deal)
1.34% ~ $ 11.35 | SWSS – Springwater Special Situations Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-8.07% ~ $ 5.75 | CHAA – Catcha Investment Corp (Announced)
-4.53% ~ $ 16.00 | ADRT – Ault Disruptive Technologies Corp (Announced)
-2.78% ~ $ 10.50 | PLMI – Plum Acquisition Corp. I (Announced)
-2.10% ~ $ 13.07 | PTWO – Pono Capital Two, Inc. (Announced)
-1.96% ~ $ 13.50 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)

Recent Analysis

Daily SPAC Update – July 17, 2024

ZLS – Zalatoris II Updates Trust Ahead of Vote. AFAR Extension Approved w/ 2.7M Redemptions. AVHI – Achari Ventures Extends. MACI Separate Trading Today. Ocean Capital Withdraws Registration.

Daily SPAC Update – July 12, 2024

LPAA Launch One Acquisition $200M IPO. ALSA Extension Vote. VCXB Liquidation. QETA LOI Triggers Auto-Extension. MCAC Deal Approved w/ 3.7M Redemptions.

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