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.

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
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 – 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.

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.