SPACs + Crypto: M3-Brigade Announces Deal with ReserveOne. Nabors Energy II Postpones Vote. Blackhawk and Spark Extension Votes.
Boardroom Alpha SPAC Resources
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)
Daily SPAC Update
SPAC DEALS ANNOUNCED
Jul 08 | MBAV – M3-Brigade Acquisition V Corp + ReserveOne
ABOUT ReserveOne
ReserveOne is a digital asset holding and management company expected to be strategically aligned with the future U.S. Strategic Bitcoin Reserve and Digital Asset Stockpile, once it is established. The firm plans to manage a diversified portfolio of cryptocurrencies and digital assets, generating some additional yield through allocating a portion of its assets to staking, protocol involvement, and venture participation in blockchain infrastructure. ReserveOne is committed to long-term asset stewardship, transparency, and regulatory alignment. More information on ReserveOne can be found at www.reserveone.com.
Jul 03 | CPTK – Crown Proptech Acquisitions + Mkango Resources Ltd
ABOUT Mkango Resources Ltd
Mkango is listed on AIM and the TSX Venture Exchange. Mkango’s corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited (“Maginito”), which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec Holdings Corp (“CoTec”), and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies. Maginito holds a 100 per cent interest in HyProMag Limited (“HyProMag”) and a 90 per cent direct and indirect interest (assuming conversion of Maginito’s convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd (“Mkango UK”), focused on long loop rare earth magnet recycling in the UK via a chemical route. Maginito and CoTec are also rolling out HyProMag’s recycling technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company. Mkango also owns the advanced stage Songwe Hill Rare Earth project, a rare earths, uranium, tantalum and niobium exploration portfolio in Malawi, as well as the Pulawy Rare Earth’s separation project in Poland. These projects are the subject of the Proposed Business Combination. Songwe Hill is one of the few rare earth projects to have advanced to the NI 43-101 compliant DFS. The DFS is dated August 18, 2022 with an effective date of July 1, 2022 and entitled “NI 43-101 Technical Report on the Songwe Hill Rare Earth Element Project in Malawi”. It was prepared by Senet, a DRA Global Group Company, and can be located under Mkango’s profile on SEDAR+ at www.sedarplus.ca/landingpage. Pulawy, located in a Special Economic Zone in Poland, stands adjacent to the EU’s second largest manufacturer of nitrogen fertilisers, and features established infrastructure, access to reagents and utilities on site.
SPAC DEAL & EXTENSION VOTES SET
BLUAF – Blueriver Acquisition Corp * EXTENSION VOTE SET: Aug 02, 2024 * trust $11.59
EXTENSION VOTES
BKHA – BLACK HAWK ACQUISITION CORP * extend to December 22, 2026
SPKL – SPARK I ACQUISITION CORP * extend to September 29, 2026
OTHER SPAC NEWS
NETD – NABORS ENERGY TRANSITION CORP II * Vote Postponed
NEW SPAC IPOs
Jul 02: VNME – Vendome Acquisition Corp I $200M IPO
Jul 02: EVAC – Eqv Ventures Acquisition Corp. Ii $420M IPO (+underwriter overallotment: $40M)
Jul 02: ORIQ – Origin Investment Corp I $60M IPO
Jul 02: ONCH – 1rt Acquisition Corp. $150M IPO (+underwriter overallotment: $22.5M)
SPAC Movers
YESTERDAY’S TOP SPAC GAINERS
6.01% ~ $ 16.77 | CLBR – COLOMBIER ACQUISITION CORP II (Announced)
1.90% ~ $ 10.70 | LOKV – LIVE OAK ACQUISITION CORP V (Pre-Deal)
1.02% ~ $ 10.91 | GSRT – GSR III ACQUISITION CORP (Announced)
.72% ~ $ 11.23 | BAYA – BAYVIEW ACQUISITION CORP (Announced)
.59% ~ $ 10.16 | PMTR – PERIMETER ACQUISITION CORP I (Pre-Deal)
YESTERDAY’S TOP SPAC LOSERS
-28.00% ~ $ 5.97 | IROH – IRON HORSE ACQUISITIONS CORP (Announced)
-21.16% ~ $ 3.80 | FNVT – SCAGE FUTURE (Announced)
-13.66% ~ $ 8.72 | BOWN – BOWEN ACQUISITION CORP (Announced)
-6.69% ~ $ 27.69 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-5.26% ~ $ 9.00 | CHEB – CHENGHE ACQUISITION II CO (Announced)
LATEST SPAC IPO PERFORMANCE
Jul 02 | $ 9.98 | VNME – Vendome Acquisition Corp I
Jul 02 | $ 10.42 | ONCH – 1RT Acquisition Corp.
Jul 02 | $ 10.00 | ORIQ – Origin Investment Corp I
Jul 02 | $ 10.01 | EVAC – EQV Ventures Acquisition Corp. II
Jul 01 | $ 9.98 | NMP – NMP Acquisition Corp.
Jul 01 | $ 10.04 | INAC – Indigo Acquisition Corp.
Jul 01 | $ 10.14 | CCII – Cohen Circle Aqusition Corp. II
Jun 27 | $ 10.02 | FIGX – FIGX Capital Acquisition Corp.
Jun 27 | $ 11.12 | YORK – Yorkville Acquisition Corp.
Jun 25 | $ 10.03 | LWAC – LightWave Acquisition Corp.
Jun 25 | $ 10.00 | OBA – Oxley Bridge Acquisition
Jun 18 | $ 10.10 | AXIN – Axiom Intelligence Acquisition Corp 1
Jun 18 | $ 10.01 | PACH – Pioneer Acquisition I Corp
Jun 13 | $ 10.03 | BACC – Blue Acquisition Corp/Cayman
Jun 13 | $ 10.02 | BSAA – BEST SPAC I Acquistion Corp.
Jun 10 | $ 10.02 | BLUW – Blue Water Acquisition Corp. III