Daily SPAC Update – March 19, 2024

by David Pogemiller | Mar 19, 2024

TMTC Extension Vote. TLGY / Verde Deal Termination. MBTC Deal Vote. ATEK Extends. ROSS Delisted.

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

Daily SPAC Update

EXTENSION VOTES
TMTC – TMT ACQUISITION CORP * vote March 19, 2024 -> extend to Dec 30, 2024

MERGER VOTES
MBTC + Cognos Therapeutics Inc

DEAL TERMINATION
TLGY – TLGY ACQUISITION CORP * Terminates Deal

SPAC VOTES SET
GODN – GOLDEN STAR ACQUISITION CORP * Delayed vote on fee change to April 1

SPAC VOTE RESULTS
ATEK – ATHENA TECHNOLOGY ACQUISITION CORP II * Extend to Dec 14, 2024 * 910,258 redeemed * trust $11.16

SPAC DELISTING
ROSS – ROSS ACQUISITION CORP II * delisting * trust $11.03

YESTERDAY’S TOP SPAC GAINERS
6.20% ~ $ 11.47 | CNDB – Concord Acquisition Corp III (Announced)
2.15% ~ $ 6.74 | DECA – Denali Capital Acquisition Corp. (Announced)
2.04% ~ $ 13.99 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
1.73% ~ $ 11.19 | ATEK – Athena Technology Acquisition Corp. II (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-16.47% ~ $ 10.70 | HCMA – HCM Acquisition Corp (Announced)
-8.74% ~ $ 35.58 | DWAC – Digital World Acquisition Corp. (Announced)
-8.72% ~ $ 9.95 | MBTC – Nocturne Acquisition Corporation (Announced)
-8.21% ~ $ 9.50 | RWOD – Redwoods Acquisition Corp. (Announced)
-7.98% ~ $ 5.88 | APAC – StoneBridge Acquisition Corp. (Announced)

Recent Analysis

Weekly Activism & Executive Moves Review (April 26)

Norfolk Southern vs. Ancora is getting ugly(er). Arena Group promotes insider to CEO after a tough year. Keurig Dr Pepper puts their COO at the helm.

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.

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.