Daily SPAC Update – November 11, 2024

by | Nov 11, 2024

CLOE + Global Hydrogen Energy Deal Termination / Liquidation. ASPC and WLAC SPAC IPOs. DPCS Extension Vote. RENE Extension and ACAB Deal Approved.

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Daily SPAC Update

ABOUT THE SPAC DAILY
Get the latest insights into the SPAC market with an in-depth look at recent vote outcomes, redemptions, deal announcements, and liquidations. Discover which SPACs gained and lost the most yesterday, IPO performance stats, upcoming extension votes, and notable trust value changes. Stay informed on the latest SPAC trends and opportunities.

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-11-07: CLOE + Global Hydrogen Energy

NEW SPAC IPOs
Nov 08: ASPC – Spac Iii Acquisition Corp. $55M IPO
Nov 08: WLAC – Willow Lane Acquisition Corp. $110M IPO

EXTENSION VOTES
DPCS – DP CAP ACQUISITION CORP I * vote November 11, 2024 -> extend from November 12, 2024 to November 12, 2025

SPAC VOTE RESULTS
RENE – CARTESIAN GROWTH CORP II * Extend to May 05, 2025 * 8,620,849 redeemed * trust $11.55
ACAB – ATLANTIC COASTAL ACQUISITION CORP II * Deal Approved * 436,019 redeemed * trust $11.28

OTHER SPAC NEWS
ACAB – ATLANTIC COASTAL ACQUISITION CORP II * Trust Update * trust $11.34
NPAB – NEW PROVIDENCE ACQUISITION CORP II * Liquidation-> 2024-11-09 * trust $10.89
ACAB – ATLANTIC COASTAL ACQUISITION CORP II * Confirmed Trust * trust $11.28
AITR – AI TRANSPORTATION ACQUISITION CORP * Vote Adjourn
SVII – SPRING VALLEY ACQUISITION CORP II * Vote Postponed

SPAC LIQUIDATIONS
Blockchain Coinvestors Acquisition Corp. I (BCSA)-> Liquidation on Nov 13
Onyx Acquisition Co. I (ONYX)-> Liquidation on Nov 13
New Providence Acquisition Corp. II (NPAB)-> Liquidation on Nov 09
Clover Leaf Capital Corp. (CLOE)-> Liquidation on Nov 08
Achari Ventures Holdings Corp. I (AVHI)-> Liquidation on Nov 04

YESTERDAY’S TOP SPAC GAINERS
12.90% ~ $ 8.40 | TMTC – TMT Acquisition Corp. (Announced)
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
6.15% ~ $ 10.70 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
3.99% ~ $ 12.00 | DPCS – DP Cap Acquisition Corp I (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.21% ~ $ 10.00 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
-3.25% ~ $ 11.02 | WAVS – Western Acquisition Ventures Corp. (Announced)
-2.40% ~ $ 11.56 | GLST – Global Star Acquisition Inc. (Announced)
-1.05% ~ $ 11.39 | MCAA – Mountain Co. I Acquisition Corp. (Announced)
-.79% ~ $ 11.31 | ROCL – Roth CH Acquisition V Co. (Announced)

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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