Daily SPAC Update – June 24, 2024

by | Jun 24, 2024

PLMI and FORL Extensions Approved. AFAR Extension Vote. ADRT Deal with Gresham Worldwide. COOL Extension Vote Today. RWOD and FLFV DeSPAC.

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Daily SPAC Update

SPAC VOTE RESULTS
PLMI – PLUM ACQUISITION CORP I * Extend to Sep 14, 2024
FORL – FOUR LEAF ACQUISITION CORP * Extend to Jun 22, 2025 * 2,752,307 redeemed
FLFV – FEUTUNE LIGHT ACQUISITION CORP * Deal Approved * 1,355,132 redeemed

SPAC DEAL & EXTENSION VOTES SET
AFAR – Aura Fat Projects Acquisition Corp * EXTENSION VOTE SET: Jul 10, 2024 * trust $11.30

SPAC DEALS ANNOUNCED
ADRT – Ault Disruptive Technologies Corp + Gresham Worldwide, Inc.

EXTENSION VOTES
COOL – CORNER GROWTH ACQUISITION CORP * vote June 24, 2024 -> extend from June 31, 2024 to October 31, 2024

DeSPACs
RWOD -> WENA on Jun 24
FLFV -> AIEV on Jun 24

SPAC DEAL TERMINATIONS
VCXB + Addimmune

OTHER SPAC NEWS
GPAC – GLOBAL PARTNER ACQUISITION CORP II * Merger Agreement Amendment
IGTA – INCEPTION GROWTH ACQUISITION LTD * Merger Agreement Amendment
EVE – EVE MOBILITY ACQUISITION CORP * Non-Binding LOI
TLGY – TLGY ACQUISITION CORP * New Sponsor
BUJA – BUKIT JALIL GLOBAL ACQUISITION 1 LTD * Vote Postponed
COOL – CORNER GROWTH ACQUISITION CORP * Vote Postponed

YESTERDAY’S TOP SPAC GAINERS
2.01% ~ $ 11.65 | PLAO – Patria Acquisition Corp. (Pre-Deal)
2.00% ~ $ 8.16 | DECA – Denali Capital Acquisition Corp. (Announced)
1.44% ~ $ 11.28 | HAIA – Healthcare AI Acquisition Corp. (Pre-Deal)
1.34% ~ $ 11.35 | SWSS – Springwater Special Situations Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-14.62% ~ $ 9.81 | CHAA – Catcha Investment Corp (Announced)
-6.35% ~ $ 7.82 | BWAQ – Blue World Acquisition Corp (Announced)
-3.77% ~ $ 11.75 | MACA – Moringa Acquisition Corp (Announced)
-3.64% ~ $ 10.86 | CNGL – Canna-Global Acquisition Corp (Pre-Deal)
-3.50% ~ $ 11.58 | IRAA – Tribe Capital Growth Corp I (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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