Daily SPAC Update – March 21, 2024

by | Mar 21, 2024

HCMA DeSPAC to MRNO. DSAQ and NVAC Extension Votes. BKHAU $69M IPO. FLFV Extends. CHHA Delayed. DSAQ Updates Initial Redemptions.

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Daily SPAC Update

DeSPACs
HCMA -> MRNO on Mar 21

SPAC IPO
BKHAU – Black Hawk Acquisition Corp $69M IPO

EXTENSION VOTES
DSAQ – DIRECT SELLING ACQUISITION CORP * vote March 21, 2024 -> extend from March 28, 2025
NVAC – NORTHVIEW ACQUISITION CORP * vote March 21, 2024 -> extend from March 22, 2024 to Sept 22, 2024

SPAC VOTE RESULTS
FLFV – FEUTUNE LIGHT ACQUISITION CORP * Extend to Dec 21, 2024 * 2,738,699 redeemed

SPAC VOTES SET
CHAA – CATCHA INVESTMENT CORP * Delayed vote to March 26

OTHER SPAC NEWS
DSAQ – DIRECT SELLING ACQUISITION CORP * Update on initial redemptions * 3,651,758 redeemed
LCW – LEARN CW INVESTMENT CORP * Investor Presentation

YESTERDAY’S TOP SPAC GAINERS
17.79% ~ $ 42.90 | DWAC – Digital World Acquisition Corp. (Announced)
12.67% ~ $ 6.76 | APAC – StoneBridge Acquisition Corp. (Announced)
11.63% ~ $ 10.94 | CHAA – Catcha Investment Corp (Announced)
11.48% ~ $ 8.99 | DECA – Denali Capital Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-15.09% ~ $ 9.21 | ARRW – Arrowroot Acquisition Corp. (Announced)
-14.90% ~ $ 10.28 | RWOD – Redwoods Acquisition Corp. (Announced)
-5.80% ~ $ 11.70 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
-4.20% ~ $ 10.96 | AVHI – Achari Ventures Holdings Corp. I (Announced)
-2.88% ~ $ 11.14 | CNDB – Concord Acquisition Corp III (Announced)

Recent Analysis

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