Daily SPAC Update – October 1, 2024

by | Oct 1, 2024

Trailblazer (TBMC) and Learn CW (LCW) Shareholders Approve Extension and Deal. NPAB and LATG Set Extension Votes. BCSA Deal Termination. DSAQ and SLAMF Amend Mergers.

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Daily SPAC Update

SPAC VOTE RESULTS
TBMC – TRAILBLAZER MERGER CORP I * Extend to Sep 30, 2025 * 4,520,384 redeemed
LCW – LEARN CW INVESTMENT CORP * Deal Approved * 8,310,747 redeemed * trust $10.99

SPAC DEAL & EXTENSION VOTES SET
NPAB – New Providence Acquisition Corp Ii * EXTENSION VOTE SET: Nov 01, 2024 * trust $10.99
LATG – Chenghe Acquisition I Co * EXTENSION VOTE SET: Oct 11, 2024 * trust $11.60

OTHER SPAC NEWS
BCSA – BLOCKCHAIN COINVESTORS ACQUISITION CORP I * Deal Termination
DSAQ – DIRECT SELLING ACQUISITION CORP * Merger Agreement Amendment
SLAMF – SLAM CORP * Merger Agreement Amendment

SPAC LIQUIDATIONS
Ault Disruptive Technologies Corp (ADRT)-> Liquidation on Oct 11
Berenson Acquisition Corp. I (BACA)-> Liquidation on Sep 27

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-09-26: BCSA + Linqto, Inc
2024-09-25: IVCB + OpSec Group

YESTERDAY’S TOP SPAC GAINERS
7.71% ~ $ 11.59 | HCVI – Hennessy Capital Investment Corp. VI (Announced)
6.11% ~ $ 10.77 | LCW – Learn CW Investment Corp (Announced)
5.35% ~ $ 12.21 | PWUP – PowerUp Acquisition Corp. (Announced)
3.22% ~ $ 11.86 | WINV – WinVest Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-4.89% ~ $ 10.51 | IRAA – Tribe Capital Growth Corp I (Announced)
-.83% ~ $ 11.89 | FIAC – Focus Impact Acquisition Corp. (Announced)
-.72% ~ $ 11.01 | TCOA – Trajectory Alpha Acquisition Corp. (Pre-Deal)
-.56% ~ $ 10.70 | SBXC – SilverBox Corp III (Pre-Deal)
-.55% ~ $ 10.87 | NBST – Newbury Street Acquisition Corporation (Announced)

LATEST SPAC IPO PERFORMANCE
Sep 20 | $ 10.02 | CAPN – Cayson Acquisition Corp
Sep 18 | $ 10.02 | YHNA – YHN Acquisition I Ltd
Sep 12 | $ 10.01 | FVN – Future Vision II Acquisition Corp.
Sep 06 | $ 10.00 | VCIC – Vine Hill Capital Investment Corp.
Sep 06 | $ 10.00 | POLE – Andretti Acquisition Corp. II

Recent Analysis

Daily SPAC Update – September 30, 2024

LCW + INNEVENTURE Deal Vote. Hennessy Capital VI Extension Vote. LATG Extension Vote Set. AULT Disruptive (ADRT) Liquidation. Everest Consolidator (MNTN) Deal Termination Dispute.

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