Daily SPAC Update – June 18, 2024

by | Jun 18, 2024

HCVI Deal with Namib Minerals. 3 SPAC IPOs – Melar Acquisition, Lionheart, and Flagship. APCA Deal Terminated; to Liquidate.

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Daily SPAC Update

SPAC IPO
Jun 18: MACI – Melar Acquisition Corp. I/Cayman $150M IPO
Jun 18: CUBW – Lionheart Holdings $200M IPO
Jun 18: FSHP – Flag Ship Acquisition Corp $60M IPO

SPAC DEALS ANNOUNCED
HCVI – Hennessy Capital Investment Corp Vi * + Namib Minerals

EXTENSION VOTES
FORL – FOUR LEAF ACQUISITION CORP * vote June 18, 2024 -> Extend from June 22, 2024 until June 22, 2025
GDST – GOLDENSTONE ACQUISITION LTD * vote Jun 18, 2024 -> extend from June 21, 2024 to June 21, 2025

SPAC DEAL & EXTENSION VOTES SET
MCAC – Monterey Capital Acquisition Corp * Deal Vote * trust $11.27
PFTA – Perception Capital Corp Iii * EXTENSION VOTE SET: Jun 28, 2024 * trust $10.86
TGAA – Target Global Acquisition I Corp * EXTENSION VOTE SET: Jun 26, 2024 * trust $11.39

OTHER SPAC NEWS
APCA – AP ACQUISITION CORP * Liquidation-> 2024-06-21
APCA – AP ACQUISITION CORP * Deal Terminated
EVE – EVE MOBILITY ACQUISITION CORP * Extend to Dec 17, 2024 * 5,249,318 redeemed * trust $11.32
CHAA – CATCHA INVESTMENT CORP * Deal Approved * 1,144,993 redeemed * trust $11.58

YESTERDAY’S TOP SPAC GAINERS
22.70% ~ $ 10.00 | BWAQ – Blue World Acquisition Corp (Announced)
8.56% ~ $ 9.38 | BITE – Bite Acquisition Corp. (Announced)
6.19% ~ $ 11.15 | PLMI – Plum Acquisition Corp. I (Announced)
3.89% ~ $ 6.14 | DECA – Denali Capital Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-21.14% ~ $ 8.13 | FLFV – Feutune Light Acquisition Corp (Announced)
-7.90% ~ $ 19.35 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-6.00% ~ $ 5.80 | RWOD – Redwoods Acquisition Corp. (Announced)
-5.07% ~ $ 10.30 | PUCK – Goal Acquisitions Corp. (Announced)
-4.84% ~ $ 11.20 | CHAA – Catcha Investment Corp (Announced)

 

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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