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.

Boardroom Alpha SPAC Resources
– Full SPAC Listing
– SPAC SEC Filings
– Boardroom Alpha IPO & SPAC Intelligence Platform (7-Day Trial)

Daily SPAC Update

SPAC DEAL TERMINATION
QDRO – QUADRO ACQUISITION ONE CORP * Deal 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 – 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. 

Subscribe to Boardroom Alpha Newsletters

Subscribe to Boardroom Alpha's research to receive the latest on governance, SPACs, and people.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.  

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.