Daily SPAC Update – November 1, 2024

by | Nov 1, 2024

Newbury Street II Acquisition (NTWO) $150M IPO and Bleichroeder Acquisition (BACQ) $250M IPO. CCTS, FNVT, NPAB Extension Votes. DIST, FTII, DPCS, RCFA Extension Votes Set.

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Daily SPAC Update

NEW SPAC IPOs
Nov 01: NTWO – Newbury Street Ii Acquisition Corp $150M IPO
Nov 01: BACQ – Bleichroeder Acquisition Corp. I $250M IPO

SPAC VOTE RESULTS
INAQ – INSIGHT ACQUISITION CORP * Deal Approved * 426,135 redeemed

EXTENSION VOTES
CCTS – CACTUS ACQUISITION CORP 1 LTD * vote November 1, 2024 -> extend to November 2, 2025
FNVT – FINNOVATE ACQUISITION CORP * vote November 1, 2024 -> extend November 8, 2024 to May 8, 2025
NPAB – NEW PROVIDENCE ACQUISITION CORP II * vote November 1, 2024 -> extend from November 9, 2024 to November 9, 2025

SPAC DEAL & EXTENSION VOTES SET
DIST – Distoken Acquisition Corp * EXTENSION VOTE SET: Nov 14, 2024 * trust $11.18
FTII – Futuretech Ii Acquisition Corp * EXTENSION VOTE SET: Nov 18, 2024 * trust $11.01
DPCS – Dp Cap Acquisition Corp I * EXTENSION VOTE SET: Nov 11, 2024 * trust $11.60
RCFA – Perception Capital Corp Iv * EXTENSION VOTE SET: Nov 13, 2024 * trust $11.60

OTHER SPAC NEWS
BCSA – BLOCKCHAIN COINVESTORS ACQUISITION CORP I * Liquidation-> 2024-11-13 * trust $11.39
ROCL – ROTH CH ACQUISITION V CO * Merger Agreement Amendment
CCTS – CACTUS ACQUISITION CORP 1 LTD * Non-Redemption Agreement

SPAC LIQUIDATIONS
Blockchain Coinvestors Acquisition Corp. I (BCSA)-> Liquidation on Nov 13
Onyx Acquisition Co. I (ONYX)-> Liquidation on Nov 13
Bleichroeder Acquisition Corp. I (BACQ)-> Liquidation on Nov 12
Generation Asia I Acquisition Ltd (GAQ)-> Liquidation on Oct 30
VISION SENSING ACQUISITION CORP. (VSAC)-> Liquidation on Oct 25

YESTERDAY’S TOP SPAC GAINERS
10.43% ~ $ 9.95 | FIAC – Focus Impact Acquisition Corp. (Announced)
3.84% ~ $ 12.98 | INAQ – Insight Acquisition Corp. (Announced)
1.75% ~ $ 11.91 | ATEK – Athena Technology Acquisition Corp. II (Pre-Deal)
1.61% ~ $ 11.36 | GLST – Global Star Acquisition Inc. (Announced)
.63% ~ $ 11.11 | GODN – Golden Star Acquisition Corp (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.40% ~ $ 7.42 | TMTC – TMT Acquisition Corp. (Announced)
-5.21% ~ $ 10.00 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
-2.91% ~ $ 11.35 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
-1.00% ~ $ 10.94 | PLMJ – Plum Acquisition Corp. III (Pre-Deal)
-.90% ~ $ 11.05 | BLEU – bleuacacia ltd (Pre-Deal)

Recent Analysis

Daily SPAC Update – December 2, 2024

BACQ, RDAC, CCIR Start Separate Trading. BREZ, JWSM, MNTN Shareholders Approve Extensions. ROCL Deal Approved. AITR + American Metals Deal Terminated.

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