Daily SPAC Update – November 21, 2024

by | Nov 21, 2024

Co2 Energy Transition (NOEM) $60M IPO and Dynamix (DYNX) $150M IPO. RCFA Extends with 4.5M Redemptions. WEL Extension Vote Set.

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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.

NEW SPAC IPOs
Nov 20: NOEM – Co2 Energy Transition Corp. $60M IPO
Nov 20: DYNX – Dynamix Corporation $150M IPO

SPAC VOTE RESULTS
RCFA – PERCEPTION CAPITAL CORP IV * Extend to Nov 15, 2025 * 4,444,744 redeemed

DeSPACs
NOVV -> RMSG on Nov 20

SPAC DEAL & EXTENSION VOTES SET
WEL – Integrated Wellness Acquisition Corp * EXTENSION VOTE SET: Dec 11, 2024 * trust $11.90

OTHER SPAC NEWS
GLAC – GLOBAL LIGHTS ACQUISITION CORP * adjust_ext_fee * 1,825,361 redeemed
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * Trust Update * trust $11.57
RCFA – PERCEPTION CAPITAL CORP IV * Moved to OTC Trading

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

YESTERDAY’S TOP SPAC GAINERS
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
7.60% ~ $ 10.33 | INAQ – Insight Acquisition Corp. (Announced)
3.30% ~ $ 11.42 | WAVS – Western Acquisition Ventures Corp. (Announced)
.90% ~ $ 11.25 | WTMA – Welsbach Technology Metals Acquisition Corp. (Announced)
.84% ~ $ 10.15 | CCIX – Churchill Capital Corp IX (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.15% ~ $ 6.44 | TMTC – TMT Acquisition Corp. (Announced)
-4.71% ~ $ 11.32 | ROCL – Roth CH Acquisition V Co. (Announced)
-3.71% ~ $ 10.90 | MCAG – Mountain Crest Acquisition Corp. V (Announced)
-3.22% ~ $ 11.11 | ALCY – Alchemy Investments Acquisition Corp 1 (Pre-Deal)
-2.75% ~ $ 11.67 | MSSA – Metal Sky Acquisition Corp (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Nov 20 |  | DYNX – Dynamix Corporation
Nov 20 |  | NOEM – CO2 Energy Transition Corp.
Nov 15 | $ 9.98 | HSPT – Horizon Space Acquisition II Corp.
Nov 08 | $ 9.96 | 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 | $ 10.01 | 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 | $ 10.08 | OACC – Oaktree Acquisition Corp. III
Oct 22 | $ 10.01 | 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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