Daily SPAC Update – June 4, 2024

by | Jun 4, 2024

IGTA Extension Vote. CNDA Extends (12M redeemed). BFAC Extends (1.5M redeemed). VMCA Non-Redemption Agreement.

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Daily SPAC Update

EXTENSION VOTES
IGTA – INCEPTION GROWTH ACQUISITION LTD * extend from June 13, 2024 to Dec 13, 2024

OTHER SPAC NEWS
CNDA – CONCORD ACQUISITION CORP II * Extend to Mar 03, 2025 * 12,498,716 redeemed * trust $10.61
BFAC – BATTERY FUTURE ACQUISITION CORP * Extend to Jun 17, 2025 * 1,487,474 redeemed * trust $11.18
VMCA – VALUENCE MERGER CORP I * Redemption Agreement

YESTERDAY’S TOP SPAC GAINERS
14.92% ~ $ 12.94 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
9.22% ~ $ 10.31 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
7.10% ~ $ 11.76 | ROCL – Roth CH Acquisition V Co. (Announced)
5.38% ~ $ 9.80 | SEPA – SEP ACQUISITION CORP (Announced)
4.47% ~ $ 11.81 | WINV – WinVest Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-51.36% ~ $ 21.89 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
-9.19% ~ $ 5.83 | RWOD – Redwoods Acquisition Corp. (Announced)
-8.27% ~ $ 13.87 | PTWO – Pono Capital Two, Inc. (Announced)
-7.94% ~ $ 11.01 | IRAA – Tribe Capital Growth Corp I (Announced)
-7.64% ~ $ 10.86 | GBBK – Global Blockchain Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC Update – December 10, 2024

Jackson Acquisition II $200M IPO (Jackson I Liquidated). APXI Shareholders Approve Extension w/ 5M Redemptions. HCVI Merger Amendment. SLAMF Vote Adjourned and IVCB Vote Postponed. 

Daily SPAC Update – December 9, 2024

TCHP + Coincheck Deal Approved. GLLI, INAQ, ESHA Shareholders Approve Extensions. DP Cap Acquisition  (DPCS) Dismisses Accountant. SLAM and BRKH Extension Votes.

Daily SPAC Update – December 4, 2024

Global Star (GLST) Extension Approved. APXI Extension Vote Today. ATMC Updates Trust Numbers. LATG Deal Vote Set for Dec 23. ATMV, SHAP, TRON, INAQ Set Extension Votes.

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