Daily SPAC Update – November 22, 2024

by | Nov 22, 2024

OCA Acquisition (OCAX) Disputed Deal Termination. BleuAcacia SPAC Liquidation. AITR and MNTN Extension Votes. ShoulderUp Technology Extension Approved. IVCP, ATEK, WINV Set Votes.

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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.

EXTENSION VOTES
AITR – AI TRANSPORTATION ACQUISITION CORP * extend from November 10, 2024 to November 10, 2025
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * extend from November 23, 2024 to May 23, 2025

SPAC VOTE RESULTS
SUAC – SHOULDERUP TECHNOLOGY ACQUISITION CORP * Extend to Dec 31, 2024 * 349,505 redeemed * trust $11.02

SPAC DEAL & EXTENSION VOTES SET
IVCP – Swiftmerge Acquisition Corp * DEAL VOTE SET: Dec 12, 2024 * trust $11.21
ATEK – Athena Technology Acquisition Corp Ii * EXTENSION VOTE SET: Dec 10, 2024 * trust $11.73
WINV – Winvest Acquisition Corp * EXTENSION VOTE SET: Dec 10, 2024 * trust $11.90

OTHER SPAC NEWS
BLEU – BLEUACACIA LTD * Liquidation-> 2024-11-22 * trust $11.10
OCAX – OCA ACQUISITION CORP * Disputed Deal Termination
THCP – THUNDER BRIDGE CAPITAL PARTNERS IV INC * Investor Deck

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

SPAC LIQUIDATIONS
bleuacacia ltd (BLEU)-> Liquidation on Nov 22
Blockchain Coinvestors Acquisition Corp. I (BCSA)-> Liquidation on Nov 13
Onyx Acquisition Co. I (ONYX)-> Liquidation on Nov 13

YESTERDAY’S TOP SPAC GAINERS
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
2.44% ~ $ 11.53 | THCP – Thunder Bridge Capital Partners IV, Inc. (Announced)
1.81% ~ $ 11.53 | ROCL – Roth CH Acquisition V Co. (Announced)
.63% ~ $ 11.14 | PLMJ – Plum Acquisition Corp. III (Pre-Deal)
.62% ~ $ 11.39 | JWSM – Jaws Mustang Acquisition Corporation (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-65.84% ~ $ 2.20 | TMTC – TMT Acquisition Corp. (Announced)
-3.71% ~ $ 10.90 | MCAG – Mountain Crest Acquisition Corp. V (Announced)
-3.20% ~ $ 11.05 | WAVS – Western Acquisition Ventures Corp. (Announced)
-2.75% ~ $ 11.67 | MSSA – Metal Sky Acquisition Corp (Pre-Deal)
-1.33% ~ $ 11.83 | ALSA – Alpha Star Acquisition Corp (Announced)

LATEST SPAC IPO PERFORMANCE
Nov 20 |  | NOEM – CO2 Energy Transition Corp.
Nov 20 |  | DYNX – Dynamix Corporation
Nov 15 | $ 9.99 | HSPT – Horizon Space Acquisition II Corp.
Nov 08 | $ 10.00 | ASPC – SPAC III Acquisition Corp.
Nov 08 | $ 9.95 | WLAC – Willow Lane Acquisition Corp.
Nov 07 | $ 9.99 | GSRT – GSR III Acquisition Corp.
Nov 04 | $ 10.00 | 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 | $ 10.06 | OACC – Oaktree Acquisition Corp. III

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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