Daily SPAC Update – May 17, 2024

by | May 17, 2024

RFAIU $100 million SPAC IPO. BFAC & SUAC Extension Votes. PWUP Vote Delayed. FLFV Deal Vote Set. SWSS, EVE, NFYS, PLAO, BREZ Set Extension Votes.

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Daily SPAC Update

SPAC IPO
May 16: RFAI – RF Acquisition Corp II $100M IPO

EXTENSION VOTES
BFAC – BATTERY FUTURE ACQUISITION CORP * vote May 17, 2024 -> extend from June 17, 2024 to June 17, 2025
SUAC – SHOULDERUP TECHNOLOGY ACQUISITION CORP * vote May 17, 2024 -> extend to November 19, 2024

OTHER SPAC NEWS
PWUP – POWERUP ACQUISITION CORP * Vote Delayed

SPAC DEAL & EXTENSION VOTES SET
FLFV – Feutune Light Acquisition Corp * DEAL VOTE SET: Jun 11, 2024 * trust $11.04
SWSS – Clean Energy Special Situations Corp * EXTENSION VOTE SET: May 28, 2024 * trust $10.61
EVE – Eve Mobility Acquisition Corp * EXTENSION VOTE SET: Jun 10, 2024 * trust $10.99
NFYS – Enphys Acquisition Corp * EXTENSION VOTE SET: Jun 05, 2024 * trust $10.91
PLAO – Patria Latin American Opportunity Acquisition Corp * EXTENSION VOTE SET: Jun 12, 2024 * trust $11.40
BREZ – Breeze Holdings Acquisition Corp * EXTENSION VOTE SET: Jun 21, 2024 * trust $11.09

YESTERDAY’S TOP SPAC GAINERS
13.89% ~ $ 13.20 | TRON – Corner Growth Acquisition Corp. 2 (Pre-Deal)
13.26% ~ $ 13.40 | DHAC – Digital Health Acquisition Corp. (Announced)
7.62% ~ $ 12.00 | PWUP – PowerUp Acquisition Corp. (Announced)
3.60% ~ $ 8.35 | PLTN – Plutonian Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-8.62% ~ $ 10.18 | SCRM – Screaming Eagle Acquisition Corp. (Announced)
-4.29% ~ $ 9.81 | SEPA – SEP ACQUISITION CORP (Announced)
-1.96% ~ $ 10.99 | PPYA – Papaya Growth Opportunity Corp. I (Pre-Deal)
-1.64% ~ $ 10.77 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)

Recent Analysis

Daily SPAC Update – June 13, 2024

Catcha Investment (CHAA) + Crown LNG Approved. DHAC + VSee Labs Deal Approved. SEDA Investor Deck. Feutune Light (FLFV) Updates Trust & Redemptions.

Daily SPAC Update – June 10, 2024

Bayview Acquisition Corp + Oabay Inc. SPAC deal announced. EVE extension vote today. BUJA sets extension vote. PWUP amends merger agreement. COOL postpones to June 26.

Activism Update – June 7

Wisdom Tree (WT) gets Glass Lewis, ISS, and Egon-Jones support. Medallion (MFIN) calls ZimCal self-serving. F9 Investments continues to hammer LL Flooring (LL).

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