Daily SPAC Update – November 20, 2024

by | Nov 20, 2024

NOVV DeSPACs to RMSG. Perception Capital IV to OTC and Extends. CBRG, IPXX, DIST, IRX Shareholders Approve Extensions. MCAG Delisting.

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

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.

DeSPACs
NOVV -> RMSG on Nov 20

SPAC VOTE RESULTS
RCFAF – PERCEPTION CAPITAL CORP IV * Extend to Nov 15, 2025 * 4,444,744 redeemed
CBRG – CHAIN BRIDGE I * Extend to Nov 15, 2025 * 550,947 redeemed
IPXX – INFLECTION POINT ACQUISITION CORP II * Extend to Aug 21, 2025 * 22,794,651 redeemed * trust $10.83
DIST – DISTOKEN ACQUISITION CORP * Extend to Nov 18, 2025 * 3,229,522 redeemed * trust $11.24
IRRX – INTEGRATED RAIL & RESOURCES ACQUISITION CORP * Extend to May 15, 2025 * 1,665,727 redeemed * trust $11.69

OTHER SPAC NEWS
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * Trust Update * trust $11.57
MCAG – MOUNTAIN CREST ACQUISITION CORP V * Delisting
DIST – DISTOKEN ACQUISITION CORP * Merger Agreement Amendment
RCFAF – PERCEPTION CAPITAL CORP IV * Moved to OTC Trading

SPAC DEAL & EXTENSION VOTES SET
ROCL – Roth Ch Acquisition V Co * EXTENSION VOTE SET: Nov 29, 2024 * trust $11.31
IVCB – Investcorp Europe Acquisition Corp I * EXTENSION VOTE SET: Dec 10, 2024 * trust $11.55
GLLI – Globalink Investment Inc * EXTENSION VOTE SET: Dec 03, 2024 * trust $11.48
HSPO – Horizon Space Acquisition I Corp * EXTENSION VOTE SET: Dec 20, 2024 * trust $11.32

YESTERDAY’S TOP SPAC GAINERS
12.94% ~ $ 9.60 | INAQ – Insight Acquisition Corp. (Announced)
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
5.43% ~ $ 6.79 | TMTC – TMT Acquisition Corp. (Announced)
4.31% ~ $ 11.88 | ROCL – Roth CH Acquisition V Co. (Announced)
1.68% ~ $ 11.48 | ALCY – Alchemy Investments Acquisition Corp 1 (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-3.63% ~ $ 11.67 | BLAC – Bellevue Life Sciences Acquisition Corp. (Announced)
-2.43% ~ $ 11.05 | WAVS – Western Acquisition Ventures Corp. (Announced)
-1.51% ~ $ 10.42 | HLXB – Helix Acquisition Corp. II (Pre-Deal)
-1.05% ~ $ 11.39 | MCAA – Mountain Co. I Acquisition Corp. (Announced)
-.62% ~ $ 11.15 | AEAE – AltEnergy Acquisition Corp (Announced)

LATEST SPAC IPO PERFORMANCE
Nov 15 | $ 9.98 | HSPT – Horizon Space Acquisition II Corp.
Nov 08 | $ 9.95 | WLAC – Willow Lane Acquisition Corp.
Nov 08 | $ 9.99 | ASPC – SPAC III Acquisition Corp.
Nov 07 | $ 9.99 | GSRT – GSR III Acquisition Corp.
Nov 04 | $ 9.99 | 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 | $ 10.05 | OACC – Oaktree Acquisition Corp. III
Oct 22 | $ 9.98 | 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.

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.