Daily SPAC Update – May 8, 2024

by | May 8, 2024

ALCC + OKLO Approved. NPAB Adjourned to May 9. MCAC Extends. IVCB Extension Vote Set. LCW Analyst Day Transcript.

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

Daily SPAC Update

DeSPACs
ALCC -> OKLO on May 10

SPAC VOTES SET
NPAB – NEW PROVIDENCE ACQUISITION CORP II * Adjourned to May 9
IVCB – INVESTCORP EUROPE ACQUISITION CORP I * Extension Vote Set: May 21, 2024 * trust $11.28

SPAC VOTE RESULTS
MCAC – MONTEREY CAPITAL ACQUISITION CORP * Extend to Nov 13, 2024 * 228,678 redeemed
ALCC – ALTC ACQUISITION CORP * Deal Approved * 710 redeemed * trust $10.50

OTHER SPAC NEWS
LCW – LEARN CW INVESTMENT CORP * Analyst day transcript

YESTERDAY’S TOP SPAC GAINERS
10.00% ~ $ 11.22 | SEPA – SEP ACQUISITION CORP (Announced)
6.93% ~ $ 6.79 | RWOD – Redwoods Acquisition Corp. (Announced)
6.72% ~ $ 11.44 | SCRM – Screaming Eagle Acquisition Corp. (Announced)
4.62% ~ $ 12.00 | IMAQ – International Media Acquisition Corp. (Pre-Deal)
4.33% ~ $ 8.19 | DECA – Denali Capital Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-28.27% ~ $ 6.85 | PLTN – Plutonian Acquisition Corp. (Announced)
-12.28% ~ $ 9.86 | USCT – TKB Critical Technologies 1 (Pre-Deal)
-5.74% ~ $ 11.50 | CCTS – Cactus Acquisition Corp. 1 Ltd (Pre-Deal)
-5.37% ~ $ 8.81 | BITE – Bite Acquisition Corp. (Announced)
-4.08% ~ $ 14.34 | ALCC – AltC 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.

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.