Daily SPAC Update – May 1, 2024

by | May 1, 2024

EVGR Extension Vote. AQU and VSAC Extend. BITE + Above Food Deal Approved. IBAC Split. LGVC to DeSPAC on May 2.

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Daily SPAC Update

EXTENSION VOTES
EVGR – EVERGREEN CORP * vote May 1, 2024 -> extend to February 11, 2025 (9 monthly)

DeSPACs
LGVC -> NUVO on May 02

SEPARATE WARRANTS/RIGHTS
IBAC on May 01

SPAC VOTE RESULTS
AQU – AQUARON ACQUISITION CORP * Extend to May 06, 2025 * 2,124,738 redeemed
VSAC – VISION SENSING ACQUISITION CORP * Extend to Nov 03, 2024 * 214,374 redeemed * trust $11.53
BITE – BITE ACQUISITION CORP * Deal Approved * 2,327,197 redeemed

SPAC VOTES SET
BCSA – BLOCKCHAIN COINVESTORS ACQUISITION CORP I * Extension Vote Set: May 09, 2024 * trust $11.15

OTHER SPAC NEWS
WAVS – WESTERN ACQUISITION VENTURES CORP * Merger Agreement Amendment
CETU – CETUS CAPITAL ACQUISITION CORP * Merger Agreement Amendment

YESTERDAY’S TOP SPAC GAINERS
6.21% ~ $ 14.20 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
5.71% ~ $ 7.40 | RWOD – Redwoods Acquisition Corp. (Announced)
1.56% ~ $ 11.04 | NFYS – Enphys Acquisition Corp. (Pre-Deal)
1.36% ~ $ 11.09 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)
1.27% ~ $ 11.14 | CITE – Cartica Acquisition Corp (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-42.25% ~ $ 6.00 | PGSS – Pegasus Digital Mobility Acquisition Corp. (Announced)
-14.06% ~ $ 10.45 | SEPA – SEP ACQUISITION CORP (Announced)
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-6.51% ~ $ 8.62 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
-4.72% ~ $ 13.74 | ALCC – AltC Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC Update – May 24, 2024

QRDO To Liquidate at $10.96. ShoulderUp Extends with 1.1M Redemptions. BFAC Extension Vote. Churchill Investor Deck. DIST Merger Agreement.

Daily SPAC Update – May 23, 2024

MAQC + Immersed Inc. Deal Terminated. GPAC Deal Vote Set. IVCB Extends w/ 2.1M Redemptions. CVII Investor Deck. PWUP Redemption Agreement.

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