Daily SPAC Update – March 11, 2024

by David Pogemiller | Mar 11, 2024

JWSM and Starwood LOI. ICVB Deal Changes. KWAC Deal Approved. BWAQ Gets $6M PIPE. JVSA Splits.

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Daily SPAC Update

JWSM LOI with Starwood Capital Entities
IVCB amends business combination. OpSec Security to be acquired by Crane NXT for $270 million. Zacco to become stand-alone business
BWAQ $6M PIPE
ACAC – ACRI CAPITAL ACQUISITION CORP * Extension Vote Set: Apr 09, 2024 * trust $11.24
ESAC – ESGEN ACQUISITION CORP * Deal Approved * 1,336,762 redeemed * trust $11.44
KWAC – KINGSWOOD ACQUISITION CORP * Deal Approved
JVSA split

YESTERDAY’S TOP SPAC GAINERS
36.42% ~ $ 9.51 | ADOC – Edoc Acquisition Corp (Announced)
9.10% ~ $ 13.19 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
8.82% ~ $ 12.34 | ASCA – ASPAC I Acquisition Corp. (Announced)
7.14% ~ $ 7.50 | HCMA – HCM Acquisition Corp (Announced)
6.11% ~ $ 6.95 | ESAC – ESGEN Acquisition Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-20.71% ~ $ 8.73 | DHCA – DHC Acquisition Corp (Announced)
-10.60% ~ $ 11.25 | AIMAU – Aimfinity Investment Corp. I (Announced)
-9.49% ~ $ 7.25 | OXUS – Oxus Acquisition Corp. (Announced)
-8.49% ~ $ 4.74 | LBBB – Lakeshore Acquisition II Corp. (Announced)
-7.00% ~ $ 8.37 | APAC – StoneBridge Acquisition Corp. (Announced)

Recent Analysis

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Daily SPAC Update – April 26, 2024

XFIN Extends. ALCC + Oklo Deal Vote on May 7. PHYT Extension Vote Today.

Daily SPAC Update – April 25, 2024

XFIN Extension Vote. SCRM Non-Redemption Agreement. INAQ Fires CEO/CFO After Improper Trust Actions.

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