Daily SPAC Update – May 16, 2024

by | May 16, 2024

PLMI SPAC Deal Vote Set. CNDA Extension Vote Set. BFAC & GTAC Merger Agreements. ICVB Merger Agreement Amendment. BCSA, NPAB, EVGR Extensions Approved.

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Daily SPAC Update

SPAC DEALS ANNOUNCED
GTAC + Tyfon Culture Holdings Limited

SPAC VOTES SET
PLMI – PLUM ACQUISITION CORP I * Deal Vote Set: Jun 04, 2024 * trust $11.14
CNDA – CONCORD ACQUISITION CORP II * Extension Vote Set: May 30, 2024 * trust $10.61

OTHER SPAC NEWS
BFAC – BATTERY FUTURE ACQUISITION CORP * Merger Agreement
GTAC – GLOBAL TECHNOLOGY ACQUISITION CORP I * Merger Agreement
IVCB – INVESTCORP EUROPE ACQUISITION CORP I * Merger Agreement Amendment

SPAC VOTE RESULTS
BCSA – BLOCKCHAIN COINVESTORS ACQUISITION CORP I * Extend to Nov 15, 2024 * 533,146 redeemed * trust $11.18
NPAB – NEW PROVIDENCE ACQUISITION CORP II * Extend to Nov 09, 2024 * 4,585,351 redeemed * trust $10.89
EVGR – EVERGREEN CORP * Extend to Feb 11, 2025 * 2,831,713 redeemed

YESTERDAY’S TOP SPAC GAINERS
9.73% ~ $ 12.29 | CCTS – Cactus Acquisition Corp. 1 Ltd (Pre-Deal)
4.33% ~ $ 13.98 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
1.96% ~ $ 11.18 | OCAX – OCA Acquisition Corp (Announced)
1.91% ~ $ 11.34 | GMFI – Aetherium Acquisition Corp (Announced)
1.76% ~ $ 11.00 | QOMO – Qomolangma Acquisition Corp. (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-11.53% ~ $ 8.06 | PLTN – Plutonian Acquisition Corp. (Announced)
-8.62% ~ $ 10.18 | SCRM – Screaming Eagle Acquisition Corp. (Announced)
-6.86% ~ $ 10.25 | SEPA – SEP ACQUISITION CORP (Announced)
-6.74% ~ $ 7.19 | DECA – Denali Capital Acquisition Corp. (Announced)

Recent Analysis

CEO & CFO Moves Review (Sept 6)

This week’s moves include CEO and CFO changes include moves at Accuray Inc. (ARAY), Atlassian Corporation (TEAM), Azenta Inc. (AZTA), Bloomin’ Brands, Inc. (BLMN), Chipotle Mexican Grill, Inc. (CMG), Fossil Group, Inc. (FOSL), NovoCure Limited (NVCR), and Repligen Corporation (RGEN).

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