Daily SPAC Update – November 7, 2024

by | Nov 7, 2024

ACAB + Abpro SPAC Deal Vote. MCAA Extension Vote. FRLA and INTE Shareholders Extend. ROCL Deal and GLAC Extension Votes Set. ACAB Non-Redemption Agreement.

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

Daily SPAC Update

MERGER VOTES
ACAB + Abpro Corp

EXTENSION VOTES
MCAA – MOUNTAIN & CO I ACQUISITION CORP * vote November 7, 2024 -> extend from November 9, 2024 to April 9, 2025

SPAC VOTE RESULTS
FRLA – FORTUNE RISE ACQUISITION CORP * Extend to May 05, 2025 * 2,319,365 redeemed * trust $11.49
INTE – INTEGRAL ACQUISITION CORP 1 * Extend to Nov 05, 2025 * 835,672 redeemed * trust $11.41

SEPARATE WARRANTS/RIGHTS
YHNA on Nov 08

SPAC DEAL & EXTENSION VOTES SET
ROCL – Roth Ch Acquisition V Co * DEAL VOTE SET: Nov 26, 2024 * trust $11.31
GLAC – Global Lights Acquisition Corp * EXTENSION VOTE SET: Nov 14, 2024 * trust $10.56

OTHER SPAC NEWS
HAIA – HEALTHCARE AI ACQUISITION CORP * Investor Deck
IRAA – IRIS ACQUISITION CORP * Merger Agreement Amendment
ACAB – ATLANTIC COASTAL ACQUISITION CORP II * Non-Redemption Agreement

SPAC LIQUIDATIONS
Blockchain Coinvestors Acquisition Corp. I (BCSA)-> Liquidation on Nov 13
Onyx Acquisition Co. I (ONYX)-> Liquidation on Nov 13
Achari Ventures Holdings Corp. I (AVHI)-> Liquidation on Nov 04
SDCL EDGE Acquisition Corp (SEDA)-> Liquidation on Nov 01
Generation Asia I Acquisition Ltd (GAQ)-> Liquidation on Oct 30

YESTERDAY’S TOP SPAC GAINERS
12.36% ~ $ 13.09 | CCTS – Cactus Acquisition Corp. 1 Ltd (Announced)
3.44% ~ $ 11.84 | GLST – Global Star Acquisition Inc. (Announced)
2.63% ~ $ 11.70 | SVII – Spring Valley Acquisition Corp. II (Pre-Deal)
.89% ~ $ 11.30 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
.78% ~ $ 11.65 | FNVT – Finnovate Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-12.07% ~ $ 8.09 | TMTC – TMT Acquisition Corp. (Announced)
-9.34% ~ $ 10.10 | ACAB – Atlantic Coastal Acquisition Corp. II (Announced)
-8.25% ~ $ 9.12 | INAQ – Insight Acquisition Corp. (Announced)
-5.21% ~ $ 10.00 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
-1.05% ~ $ 11.39 | MCAA – Mountain Co. I Acquisition Corp. (Announced)

LATEST SPAC IPO PERFORMANCE
Nov 01 | $ 9.98 | BACQ – Bleichroeder Acquisition Corp. I
Nov 01 | $ 9.96 | NTWO – Newbury Street II Acquisition Corp
Oct 24 | $ 10.00 | CHAR – Charlton Aria Acquisition Corp
Oct 24 | $ 10.05 | OACC – Oaktree Acquisition Corp. III
Oct 22 | $ 9.98 | ALDF – Aldel Financial II Inc.
Oct 11 | $ 10.05 | RDAC – Rising Dragon Acquisition Corp.
Oct 11 | $ 10.00 | CCIR – Cohen Circle Acquisition Corp. I

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.