Daily SPAC Update – March 27, 2024

by | Mar 27, 2024

KYCH + ZOOZ Power Ltd Deal Vote. DSAQ, VHAQ Extension Votes. CNDB deSPACs to GCTS. APZI + Omnigenics AI Announced. LGVC Delays to April 1. FEXD Vote Set. NVAC Extends.

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

Daily SPAC Update

MERGER VOTES
KYCH + ZOOZ Power Ltd.

EXTENSION VOTES
DSAQ – DIRECT SELLING ACQUISITION CORP * extend to March 28, 2025
VHAQ – VIVEON HEALTH ACQUISITION CORP * extend to September 30, 2024

DeSPACs
CNDB -> GCTS on Mar 27
KWAC -> BCG on Mar 27

SPAC IPO
IBAC – IB Acquisition Corp. $100M IPO (March 26)

SPAC DEALS ANNOUNCED
APXI + OmnigenicsAI

SPAC VOTES SET
LGVC – LAMF GLOBAL VENTURES CORP I * To adjourn, reconvene on April 1
FEXD – FINTECH ECOSYSTEM DEVELOPMENT CORP * Extension Vote Set: Apr 18, 2024 * trust $11.18

SPAC EXTENSIONS
NVAC – NORTHVIEW ACQUISITION CORP * Extend to Sep 22, 2024 * 95,394 redeemed

OTHER SPAC NEWS
VHAQ – VIVEON HEALTH ACQUISITION CORP * Enters non-redemption agreement
WNNR – ANDRETTI ACQUISITION CORP * Announces PIPE / FPA
BGACU – Biotech Group Acquisition Corp * Withdraws Registration

YESTERDAY’S TOP SPAC GAINERS
12.65% ~ $ 5.70 | APAC – StoneBridge Acquisition Corp. (Announced)
10.99% ~ $ 10.60 | LGVC – LAMF Global Ventures Corp. I (Announced)
1.84% ~ $ 11.05 | ALCC – AltC Acquisition Corp. (Announced)
1.16% ~ $ 11.32 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
1.12% ~ $ 10.78 | DIST – Distoken Acquisition Corporation (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-13.50% ~ $ 8.46 | ARRW – Arrowroot Acquisition Corp. (Announced)
-10.93% ~ $ 9.77 | RWOD – Redwoods Acquisition Corp. (Announced)
-8.86% ~ $ 8.95 | ASCA – ASPAC I Acquisition Corp. (Announced)
-7.97% ~ $ 8.43 | KYCH – Keyarch Acquisition Corp (Announced)
-6.59% ~ $ 6.24 | TWOA – two (Announced)

Recent Analysis

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.