Daily SPAC Update – June 11, 2024

by | Jun 11, 2024

FLFV + Thunder Power Delays Deal Vote to June 17. $250M SPAC IPO for ALFUU. GLST Extension Vote. TWLV Liquidation. GLLI $40M PIPE.

Boardroom Alpha SPAC Resources
Full SPAC Listing
SPAC SEC Filings
Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

SPAC DEAL VOTES
FLFV delays deal vote to June 17

SPAC IPO
Jun 10: ALFUU – Centurion Acquisition Corp. $250M IPO

EXTENSION VOTES
GLST – GLOBAL STAR ACQUISITION INC * vote June 11, 2024 -> extend to December 22, 2024

OTHER SPAC NEWS
TWLV – TWELVE SEAS INVESTMENT CO II * Liquidation-> 2024-06-10 * trust $10.56
GLLI – GLOBALINK INVESTMENT INC * Adds $40M PIPE
IGTA – INCEPTION GROWTH ACQUISITION LTD * Extend to Dec 13, 2024 * 1,686,707 redeemed

YESTERDAY’S TOP SPAC GAINERS
11.74% ~ $ 18.66 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
4.91% ~ $ 11.33 | PLMI – Plum Acquisition Corp. I (Announced)
2.39% ~ $ 11.14 | MITA – Coliseum Acquisition Corp. (Pre-Deal)
2.09% ~ $ 11.70 | IMAQ – International Media Acquisition Corp. (Pre-Deal)
2.04% ~ $ 11.53 | WAVS – Western Acquisition Ventures Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.35% ~ $ 20.53 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-7.51% ~ $ 10.96 | FHLT – Future Health ESG Corp. (Pre-Deal)
-5.71% ~ $ 11.55 | COOL – Corner Growth Acquisition Corp. (Announced)
-5.07% ~ $ 10.30 | PUCK – Goal Acquisitions Corp. (Announced)
-5.04% ~ $ 15.16 | DHAC – Digital Health Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC Update – June 10, 2024

Bayview Acquisition Corp + Oabay Inc. SPAC deal announced. EVE extension vote today. BUJA sets extension vote. PWUP amends merger agreement. COOL postpones to June 26.

Activism Update – June 7

Wisdom Tree (WT) gets Glass Lewis, ISS, and Egon-Jones support. Medallion (MFIN) calls ZimCal self-serving. F9 Investments continues to hammer LL Flooring (LL).

Daily SPAC Update – June 7, 2024

CHEB/U $75M IPO. PLTN / DSY Big Tree Cloud DeSPAC. TENK Fixes Incorrect Redemption Payments. DHAC + VSee Health Deal Vote. TETE Extension Vote. INQA, VMCA Extend. 

Daily SPAC Update – June 6, 2024

GDST Goldenstone Extension Vote Set. TWLV Extends to Dec 2 (557k redemptions). OTEC Deal Terminated/Liquidation. IVCP, WEL Merger Agreements.

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.