Daily SPAC Update – November 13, 2024

by | Nov 13, 2024

DPCS, MCAG, BLAC, FNVT Extensions Approved. RFCA and SSVII Extension Votes Today. IRXX, SVII Votes Postponed.

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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 VOTE RESULTS
DPCS – DP CAP ACQUISITION CORP I * Extend to Nov 12, 2025 * 1,451,905 redeemed * trust $11.62
MCAG – MOUNTAIN CREST ACQUISITION CORP V * Extend to Nov 16, 2025 * 418,217 redeemed
BLAC – BELLEVUE LIFE SCIENCES ACQUISITION CORP * Extend to Feb 14, 2025 * 1,766,469 redeemed
FNVT – FINNOVATE ACQUISITION CORP * Extend to May 08, 2025 * 1,383,214 redeemed * trust $11.68

SPAC DEAL & EXTENSION VOTES SET
THCP – Thunder Bridge Capital Partners Iv Inc * DEAL VOTE SET: Dec 05, 2024 * trust $10.68
JWSM – Jaws Mustang Acquisition Corp * EXTENSION VOTE SET: Nov 26, 2024 * trust $11.45

EXTENSION VOTES
RCFA – PERCEPTION CAPITAL CORP IV * vote November 13, 2024 -> extend from November 15, 2024 to November 15, 2025
SVII – SPRING VALLEY ACQUISITION CORP II * vote November 8, 2024 -> extend to October 17, 2025

OTHER SPAC NEWS
TBMC – TRAILBLAZER MERGER CORP I * Merger Agreement Amendment
BYNO – BYNORDIC ACQUISITION CORP * LOI Termiinated
CBRG – CHAIN BRIDGE I * Non-Redemption Agreement
SVII – SPRING VALLEY ACQUISITION CORP II * Non-Redemption Agreement
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * Vote Postponed
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
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
12.00% ~ $ 13.44 | DPCS – DP Cap Acquisition Corp I (Pre-Deal)
8.82% ~ $ 11.97 | INAQ – Insight Acquisition Corp. (Announced)
4.84% ~ $ 11.90 | CBRG – Chain Bridge I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-47.06% ~ $ 5.77 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
-3.25% ~ $ 11.02 | WAVS – Western Acquisition Ventures Corp. (Announced)
-3.00% ~ $ 11.64 | DECA – Denali Capital Acquisition Corp. (Announced)
-2.75% ~ $ 7.77 | TMTC – TMT Acquisition Corp. (Announced)
-2.14% ~ $ 11.45 | SVII – Spring Valley Acquisition Corp. II (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Nov 08 | $ 9.96 | WLAC – Willow Lane Acquisition Corp.
Nov 08 | $ 9.99 | ASPC – SPAC III Acquisition Corp.
Nov 07 | $ 10.00 | GSRT – GSR III Acquisition Corp.
Nov 01 | $ 9.98 | BACQ – Bleichroeder Acquisition Corp. I
Nov 01 | $ 9.96 | NTWO – Newbury Street II Acquisition Corp
Oct 24 | $ 9.99 | CHAR – Charlton Aria Acquisition Corp
Oct 24 | $ 10.04 | OACC – Oaktree Acquisition Corp. III
Oct 22 | $ 9.99 | ALDF – Aldel Financial II Inc.

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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