Daily SPAC Update – July 3, 2024

by | Jul 3, 2024

DECA Deal with Semnur Pharmaceuticals. WAVS, BUJA, THCP Extensions Approved. TGAA Vote Postponed to July 8.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
DECA – Denali Capital Acquisition Corp * + Semnur Pharmaceuticals, Inc.
AITR – Ai Transportation Acquisition Corp * + American Metals LLC

SPAC VOTE RESULTS
WAVS – WESTERN ACQUISITION VENTURES CORP * Extend to Oct 11, 2024
BUJA – BUKIT JALIL GLOBAL ACQUISITION 1 LTD * Extend to Jun 30, 2025
THCP – THUNDER BRIDGE CAPITAL PARTNERS IV INC * Extend to Jan 02, 2025 * 592,601 redeemed * trust $10.64

OTHER SPAC NEWS
GDST – GOLDENSTONE ACQUISITION LTD * Merger Agreement
TGAA – TARGET GLOBAL ACQUISITION I CORP * Vote Postponed

SPAC DEAL & EXTENSION VOTES SET
BHAC – Focus Impact Bh3 Acquisition Co * EXTENSION VOTE SET: Jul 23, 2024 * trust $10.89

DeSPACs
BWAQ -> TOYO on Jul 02

SEPARATE WARRANTS/RIGHTS
RFAI on Jul 05

SPAC IPO
Jul 02: EURK – Eureka Acquisition Corp $50M IPO

SPAC LATE 10-K FILINGS
CMCAF – Capitalworks Emerging Markets Acquisition Corp : Late 10-K

YESTERDAY’S TOP SPAC GAINERS
52.44% ~ $ 9.68 | CHAA – Catcha Investment Corp (Announced)
4.90% ~ $ 10.49 | PLMI – Plum Acquisition Corp. I (Announced)
3.65% ~ $ 11.37 | GPAC – Global Partner Acquisition Corp II (Announced)
2.96% ~ $ 11.47 | SEDA – SDCL EDGE Acquisition Corp (Announced)
1.34% ~ $ 11.35 | SWSS – Springwater Special Situations Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-8.66% ~ $ 12.24 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
-3.25% ~ $ 13.26 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
-2.16% ~ $ 11.55 | TGAA – Target Global Acquisition I Corp. (Pre-Deal)
-1.46% ~ $ 11.50 | IRAA – Tribe Capital Growth Corp I (Announced)
-1.32% ~ $ 10.43 | CNGL – Canna-Global Acquisition Corp (Pre-Deal)

Recent Analysis

Daily SPAC Update – October 1, 2024

Trailblazer (TBMC) and Learn CW (LCW) Shareholders Approve Extension and Deal. NPAB and LATG Set Extension Votes. BCSA Deal Termination. DSAQ and SLAMF Amend Mergers.

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