Daily SPAC Update – July 8, 2024

by | Jul 8, 2024

BLUA + Spinal Stabilization Technologies Announce Deal Termination. PFTA and WTMA Shareholders Approve Extensions. TGAA Extension Vote Today.

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Daily SPAC Update

SPAC DEAL TERMINATIONS
BLUA + Spinal Stabilization Technologies, LLC

SPAC VOTE RESULTS
PFTA – PERCEPTION CAPITAL CORP III * Extend to Apr 23, 2025 * 2,287,870 redeemed * trust $10.89
WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP * Extend to Jun 30, 2025 * 1,090,062 redeemed * trust $11.17

EXTENSION VOTES
TGAA – TARGET GLOBAL ACQUISITION I CORP -> extend to December 9, 2024

YESTERDAY’S TOP SPAC GAINERS
9.07% ~ $ 13.35 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
5.00% ~ $ 12.39 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
4.66% ~ $ 11.68 | GPAC – Global Partner Acquisition Corp II (Announced)
3.78% ~ $ 9.06 | CHAA – Catcha Investment Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-16.12% ~ $ 9.00 | CETU – Cetus Capital Acquisition Corp. (Announced)
-7.50% ~ $ 9.86 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
-5.29% ~ $ 9.85 | PLMI – Plum Acquisition Corp. I (Announced)
-2.12% ~ $ 11.06 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)
-1.32% ~ $ 10.43 | CNGL – Canna-Global Acquisition 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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