Daily SPAC Update – March 8, 2024

by | Mar 8, 2024

Deal Votes: KWAC + Wentworth, XPDB + Montana Technologies, RWOD + ANEW Medical. Extension Votes: BNIX, MCAA, TROON

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Daily SPAC Update

MERGER VOTES
KWAC + Wentworth Management Services LLC
XPDB + Montana Technologies
RWOD + ANEW Medical

EXTENSION VOTES
BNIX – BANNIX ACQUISITION CORP * vote March 8, 2024 -> extend to Sept 2024
MCAA – MOUNTAIN & CO I ACQUISITION CORP * vote March 8, 2024 -> extend to Nov 9, 2024
TRON – CORNER GROWTH ACQUISITION CORP 2 * vote March 8, 2024 -> extend to December 31, 2024

SPAC VOTE RESULTS
DHCA – DHC ACQUISITION CORP * Deal Approved * 1,923,656 redeemed

SPAC VOTES SET
PORT – SOUTHPORT ACQUISITION CORP * Extension Vote Set: Mar 14, 2024 * trust $10.87

OTHER SPAC NEWS
EAC Liquidating – March 12, 2024 @ $10.61
GMFI – AETHERIUM ACQUISITION CORP * Merger Agreement

YESTERDAY’S TOP SPAC GAINERS
13.88% ~ $ 12.58 | AIMAU – Aimfinity Investment Corp. I (Announced)
9.72% ~ $ 11.96 | SEPA – SEP ACQUISITION CORP (Announced)
4.83% ~ $ 6.97 | ADOC – Edoc Acquisition Corp (Announced)
3.10% ~ $ 13.29 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
2.74% ~ $ 11.25 | GMFI – Aetherium Acquisition Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-27.94% ~ $ 9.00 | APAC – StoneBridge Acquisition Corp. (Announced)
-16.74% ~ $ 5.42 | DECA – Denali Capital Acquisition Corp. (Announced)
-7.08% ~ $ 10.50 | CNDB – Concord Acquisition Corp III (Announced)
-7.00% ~ $ 12.09 | MCAF – Mountain Crest Acquisition Corp. IV (Announced)
-6.54% ~ $ 7.00 | HCMA – HCM 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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