Daily SPAC Update – June 25, 2024

by | Jun 25, 2024

ADRT + Gresham Worldwide Deal. CITE + NIDAR Infrastructure Deal. COOL Extension Approved. AOGO to Convert Class B Shares. AIBAF, CDAQ, HUDA, WAVS Votes Set. TGAA Delays to July 1.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
ADRT – Ault Disruptive Technologies Corp * + Gresham Worldwide
CITE – Cartica Acquisition Corp * + NIDAR INFRASTRUCTURE LIMITED

SPAC VOTE RESULTS
COOL – CORNER GROWTH ACQUISITION CORP * Extend to Oct 31, 2024 * 38,647 redeemed * trust $11.04

OTHER SPAC NEWS
AOGO – AROGO CAPITAL ACQUISITION CORP * Vote to convert Class B to Class A
CITE – CARTICA ACQUISITION CORP * Merger Agreement
KRNL – KERNEL GROUP HOLDINGS INC * Merger Agreement Amendment
INAQ – INSIGHT ACQUISITION CORP * Merger Agreement Amendment

SPAC DEAL & EXTENSION VOTES SET
AIBAF – Aib Acquisition Corp * DEAL VOTE SET: Jul 15, 2024 * trust $11.53
CDAQ – Compass Digital Acquisition Corp * EXTENSION VOTE SET: Jul 15, 2024 * trust $10.88
HUDA – Hudson Acquisition I Corp * EXTENSION VOTE SET: Jul 05, 2024 * trust $11.60
WAVS – Western Acquisition Ventures Corp * EXTENSION VOTE SET: Jul 02, 2024 * trust $10.55
TGAA – EXTENSION VOTE postponed to July 1

DeSPACs
DHAC -> VSEE on Jun 25
RWOD -> WENA on Jun 24
FLFV -> AIEV on Jun 24

YESTERDAY’S TOP SPAC GAINERS
18.82% ~ $ 19.70 | ADRT – Ault Disruptive Technologies Corp (Announced)
5.71% ~ $ 14.06 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
2.78% ~ $ 11.46 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
1.41% ~ $ 11.49 | GPAC – Global Partner Acquisition Corp II (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.25% ~ $ 8.51 | CHAA – Catcha Investment Corp (Announced)
-2.30% ~ $ 10.61 | CNGL – Canna-Global Acquisition Corp (Pre-Deal)
-2.08% ~ $ 7.99 | DECA – Denali Capital Acquisition Corp. (Announced)
-1.79% ~ $ 7.68 | BWAQ – Blue World Acquisition Corp (Announced)
-1.73% ~ $ 10.96 | MITA – Coliseum Acquisition Corp. (Pre-Deal)

Recent Analysis

Daily SPAC Update – March 25, 2025

Newbury Street and DT Cloud Extend with $5.7M and $20M in Redemptions. Compass Digital Extension Vote Set. Concord Gets New Auditor. Winvest Delisting.

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