Daily SPAC Update – June 27, 2024

by | Jun 27, 2024

GPAC + Stardust Power Deal Vote. SEDA Extension Vote. GDST + Infintium Fuel Cell Systems $130M Deal. MITA + Rain Enhancement Technologies Deal.

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Daily SPAC Update

MERGER VOTES
GPAC + Stardust Power, Inc.

EXTENSION VOTES
SEDA – SDCL EDGE ACQUISITION CORP * vote June 27, 2024 -> extend from July 2, 2024 to November 2, 2024

SPAC DEALS ANNOUNCED
MITA – Coliseum Acquisition Corp * + Rain Enhancement Technologies
GDST – Goldenstone Acquisition Ltd * + Infintium Fuel Cell Systems

SPAC DEAL TERMINATIONS
VCXB + Addimmune
SEPA + SANUWAVE Health, Inc.

SPAC IPO
Jun 26: GRAF – Graf Global Corp. $200M IPO

OTHER SPAC NEWS
MITA – COLISEUM ACQUISITION CORP * Merger Agreement

YESTERDAY’S TOP SPAC GAINERS
15.80% ~ $ 14.07 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
10.71% ~ $ 9.10 | BITE – Bite Acquisition Corp. (Announced)
7.64% ~ $ 10.43 | SEPA – SEP ACQUISITION CORP (Pre-Deal)
4.31% ~ $ 13.78 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
1.59% ~ $ 11.50 | BRAC – Broad Capital Acquisition Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-10.92% ~ $ 7.75 | DECA – Denali Capital Acquisition Corp. (Announced)
-6.80% ~ $ 10.76 | PFTA – Portage Fintech Acquisition Corp. (Announced)
-6.36% ~ $ 10.30 | PLMI – Plum Acquisition Corp. I (Announced)
-3.43% ~ $ 16.90 | ADRT – Ault Disruptive Technologies Corp (Announced)
-3.24% ~ $ 13.16 | PTWO – Pono Capital Two, Inc. (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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