Daily SPAC Update – May 10, 2024

by | May 10, 2024

WINV + Xtribe Deal Announced. BLAC Extension Vote. GBBK Extension Approved. RWOD Trust and Redemption Update. ALCC to OKLO DeSPACs.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
WINV + Xtribe P.L.C.

EXTENSION VOTES
BLAC – BELLEVUE LIFE SCIENCES ACQUISITION CORP * vote May 10, 2024 -> extend to November 14, 2024

SPAC VOTE RESULTS
GBBK – GLOBAL BLOCKCHAIN ACQUISITION CORP * Extend to Nov 12, 2024 * 1,683,527 redeemed

OTHER SPAC NEWS
RWOD – REDWOODS ACQUISITION CORP * Trust & Redemption Update * trust $11.20

DeSPACs
ALCC -> OKLO on May 10

SPAC IPO
May 09: GPAT – GP-Act III Acquisition Corp. $250M IPO

YESTERDAY’S TOP SPAC GAINERS
2.57% ~ $ 11.98 | AACI – Armada Acquisition Corp. I (Announced)
2.33% ~ $ 11.87 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)
1.85% ~ $ 11.54 | NVAC – NorthView Acquisition Corp (Announced)
1.82% ~ $ 11.75 | BREZ – Breeze Holdings Acquisition Corp (Announced)
1.75% ~ $ 11.60 | CHAA – Catcha Investment Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-10.91% ~ $ 11.60 | HUDA – Hudson Acquisition I Corp. (Pre-Deal)
-9.33% ~ $ 10.88 | SEPA – SEP ACQUISITION CORP (Announced)
-7.28% ~ $ 6.50 | RWOD – Redwoods Acquisition Corp. (Announced)
-7.27% ~ $ 11.61 | SCRM – Screaming Eagle Acquisition Corp. (Announced)

Recent Analysis

Daily SPAC Update – January 16, 2025

LATG DeSPACs to Femco Steel Technology (KBSX). Plum Acquisition III Extension Vote. RRAC and EVGR Extension Votes Set. NOEM Separate Trading on Jan 16. 

Daily SPAC Update – January 15, 2025

$150M Plum Acquisition IV and $50M Ribbon Acquisition SPAC IPOs. Aimfinity (AIMAU) and Quetta (QETA) Extensions Approved. Bowen (BOWN) + Qianzhi BioTech Deal Approved. 

Daily SPAC Update – January 14, 2025

Cohen Circle (CCIR) LOI with Ukranian Firm. BRKH DeSPACs to Blaize (BZAI). PPYA Extension Vote. Aimfinity Extends to Oct 2025. Bowen Acquisition (BOWN) Forward Purchase Agreement. 

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