Daily SPAC Update – July 23, 2024

by | Jul 23, 2024

Chainbridge + Phytanix Bio $58M Deal Announced. PWUP + Visiox Pharmaceuticals Deal Terminated. ASCB Extension Approved. OCAX Delisted. ZLS Owes $81K to Stay Listed.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
TBMC – Trailblazer Merger Corp I * + Cyabra Strategy Ltd.
CBRG – Chain Bridge I * + Phytanix Bio

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-07-23: PWUP + Visiox Pharmaceuticals

EXTENSION VOTES
ASCB – ASPAC II ACQUISITION CORP * vote July 23, 2024 -> extend from August 5, 2024 to August 5, 2025

SPAC DEAL & EXTENSION VOTES SET
QOMO – Qomolangma Acquisition Corp * EXTENSION VOTE SET: Aug 02, 2024 * trust $11.52
RRAC – Rigel Resource Acquisition Corp * EXTENSION VOTE SET: Aug 07, 2024 * trust $11.36

SPAC VOTE RESULTS
CLOE – CLOVER LEAF CAPITAL CORP * Extend to Oct 22, 2024 * 355,865 redeemed * trust $12.33

OTHER SPAC NEWS
ZLS – Zalatoris II * Owes $81K to stay listed
PWUP – POWERUP ACQUISITION CORP * Deal Termination
OCAX – OCA ACQUISITION CORP * Delisting
CBRG – CHAIN BRIDGE I * Merger Agreement

YESTERDAY’S TOP SPAC GAINERS
14.85% ~ $ 8.25 | CETU – Cetus Capital Acquisition Corp. (Announced)
9.74% ~ $ 14.31 | PTWO – Pono Capital Two, Inc. (Announced)
7.58% ~ $ 12.49 | TRON – Corner Growth Acquisition Corp. 2 (Pre-Deal)
7.47% ~ $ 11.88 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-6.86% ~ $ 9.50 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
-5.52% ~ $ 18.58 | ADRT – Ault Disruptive Technologies Corp (Announced)
-4.62% ~ $ 12.40 | CLOE – Clover Leaf Capital Corp. (Announced)
-3.84% ~ $ 12.56 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
-1.98% ~ $ 11.88 | MACA – Moringa Acquisition Corp (Announced)

 

Recent Analysis

Daily SPAC Update – December 2, 2024

BACQ, RDAC, CCIR Start Separate Trading. BREZ, JWSM, MNTN Shareholders Approve Extensions. ROCL Deal Approved. AITR + American Metals Deal Terminated.

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