Daily SPAC Update – June 28, 2024

by | Jun 28, 2024

BUJA, PFTA, WTMA Extension Votes. ALSA Sets Extension Vote. DECA + Longevity Biomedical Deal Terminated

Boardroom Alpha SPAC Resources
Full SPAC Listing
SPAC SEC Filings
Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
ALSA – Alpha Star Acquisition Corp * EXTENSION VOTE SET: Jul 12, 2024

EXTENSION VOTES
BUJA – BUKIT JALIL GLOBAL ACQUISITION 1 LTD * vote June 24, 2024 -> extend to June 30, 2025
PFTA – PERCEPTION CAPITAL CORP III * vote June 28, 2024
WTMA – WELSBACH TECHNOLOGY METALS ACQUISITION CORP * vote June 28, 2024 -> extend 12 months to June 30, 2025

OTHER SPAC NEWS
BREZ – BREEZE HOLDINGS ACQUISITION CORP * Extend to Dec 31, 2024 * 265,564 redeemed
ADRT – AULT DISRUPTIVE TECHNOLOGIES CORP * Merger Agreement
GPAC – GLOBAL PARTNER ACQUISITION CORP II * Deal Approved * 1,660,035 redeemed * trust $11.38
DECA – DENALI CAPITAL ACQUISITION CORPMerger Termination

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

YESTERDAY’S TOP SPAC GAINERS
46.97% ~ $ 11.39 | DECA – Denali Capital Acquisition Corp. (Announced)
4.85% ~ $ 10.80 | PLMI – Plum Acquisition Corp. I (Announced)
1.44% ~ $ 13.35 | PTWO – Pono Capital Two, Inc. (Announced)
1.34% ~ $ 11.35 | SWSS – Springwater Special Situations Corp. (Pre-Deal)
1.30% ~ $ 11.70 | WINV – WinVest Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.96% ~ $ 6.26 | CHAA – Catcha Investment Corp (Announced)
-12.33% ~ $ 12.34 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
-4.40% ~ $ 8.70 | BITE – Bite Acquisition Corp. (Announced)
-4.07% ~ $ 10.84 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
-3.71% ~ $ 10.65 | GPAC – Global Partner Acquisition Corp II (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.

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.