Daily SPAC Update – May 24, 2024

by | May 24, 2024

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

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Daily SPAC Update

EXTENSION VOTES
BFAC – BATTERY FUTURE ACQUISITION CORP * extend from June 17, 2024 to June 17, 2025

SPAC VOTE RESULTS
SUAC – SHOULDERUP TECHNOLOGY ACQUISITION CORP * Extend to Nov 19, 2024 * 1,125,154 redeemed

SPAC LIQUIDATION
QDRO – QUADRO ACQUISITION ONE CORP * Liquidation-> 2024-05-22 * trust $10.96

OTHER SPAC NEWS
CVII – CHURCHILL CAPITAL CORP VII * Investor Deck
DIST – DISTOKEN ACQUISITION CORP * Merger Agreement

YESTERDAY’S TOP SPAC GAINERS
5.80% ~ $ 11.50 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
5.23% ~ $ 11.47 | GBBK – Global Blockchain Acquisition Corp. (Announced)
5.06% ~ $ 8.30 | PLTN – Plutonian Acquisition Corp. (Announced)
3.45% ~ $ 13.50 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)
1.69% ~ $ 12.01 | PWUP – PowerUp Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-19.73% ~ $ 8.79 | BWAQ – Blue World Acquisition Corp (Announced)
-9.23% ~ $ 5.31 | RWOD – Redwoods Acquisition Corp. (Announced)
-7.51% ~ $ 10.96 | FHLT – Future Health ESG Corp. (Pre-Deal)
-5.07% ~ $ 10.30 | PUCK – Goal Acquisitions Corp. (Announced)
-4.03% ~ $ 11.43 | AEAE – AltEnergy 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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