Daily SPAC Update – May 6, 2024

by | May 6, 2024

USCTF SPARC Approved. QDRO + Global Growth Deal Terminated. PEGR and CLRC Extend. EVGR and BFAC Votes Set.

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Daily SPAC Update

SPAC DEAL TERMINATION
QDRO – QUADRO ACQUISITION ONE CORPDeal terminated with Global Growth Companies

SPAC VOTE RESULTS
CLRC – CLIMATEROCK * Extend to May 02, 2025 * trust $11.37
PEGR – PROJECT ENERGY REIMAGINED ACQUISITION CORP * Extend to Aug 02, 2024 * 4,226,571 redeemed * trust $10.85
USCTF – ROTH CH ACQUISITION CO * Approve SPARC Proposal

SPAC VOTES SET
EVGR – EVERGREEN CORP * Extension vote delayed to May 9
BFAC – BATTERY FUTURE ACQUISITION CORP * Extension Vote Set: May 17, 2024 * trust $11.13

OTHER SPAC NEWS
RCFA – RCF ACQUISITION CORP * Merger Agreement Amendment

YESTERDAY’S TOP SPAC GAINERS
15.77% ~ $ 14.83 | ALCC – AltC Acquisition Corp. (Announced)
13.03% ~ $ 11.19 | SCRM – Screaming Eagle Acquisition Corp. (Announced)
11.11% ~ $ 9.50 | PEGR – Project Energy Reimagined Acquisition Corp. (Announced)
7.05% ~ $ 12.00 | CCTS – Cactus Acquisition Corp. 1 Ltd (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-18.72% ~ $ 8.38 | BITE – Bite Acquisition Corp. (Announced)
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-10.83% ~ $ 9.63 | CHAA – Catcha Investment Corp (Announced)
-5.44% ~ $ 6.61 | RWOD – Redwoods Acquisition Corp. (Announced)
-5.35% ~ $ 6.01 | PLTN – Plutonian 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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