Daily SPAC Update – October 16, 2024

by | Oct 16, 2024

RFAC and IXAQ Extensions Approved. FNVT, SVII, and COOL Extension Votes Set. CLOE and LATG Adjourned. MARX Investor Deck.

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

Daily SPAC Update

SPAC VOTE RESULTS
RFAC – RF ACQUISITION CORP * Extend to Mar 28, 2025 * 1,170,280 redeemed * trust $11.23
IXAQ – IX ACQUISITION CORP * Extend to Oct 12, 2025 * 1,235,698 redeemed

SPAC DEAL & EXTENSION VOTES SET
FNVT – Finnovate Acquisition Corp * EXTENSION VOTE SET: Nov 01, 2024 * trust $11.61
SVII – Spring Valley Acquisition Corp Ii * EXTENSION VOTE SET: Oct 31, 2024 * trust $11.43
COOL – Corner Growth Acquisition Corp * EXTENSION VOTE SET: Oct 31, 2024 * trust $11.22

OTHER SPAC NEWS
BHAC – FOCUS IMPACT BH3 ACQUISITION CO * Delisting
MARX – MARS ACQUISITION CORP * Investor Deck
THCP – THUNDER BRIDGE CAPITAL PARTNERS IV INC * Merger Agreement Amendment
INAQ – INSIGHT ACQUISITION CORP * Vote Adjourn
CLOE – CLOVER LEAF CAPITAL CORP * Vote Adjourn
LATG – CHENGHE ACQUISITION I CO * Vote Adjourn
PORT – SOUTHPORT ACQUISITION CORP * Vote Postponed * 985,170 redeemed * trust $11.08

LATEST SPAC IPO PERFORMANCE
Oct 11 | $ 10.02 | RDAC – Rising Dragon Acquisition Corp.
Oct 11 | $ 10.00 | CCIR – Cohen Circle Acquisition Corp. I
Oct 07 | $ 9.99 | LPBB – Launch Two Acquisition Corp.
Sep 20 | $ 10.03 | CAPN – Cayson Acquisition Corp
Sep 18 | $ 10.02 | YHNA – YHN Acquisition I Ltd

YESTERDAY’S TOP SPAC GAINERS
5.45% ~ $ 11.60 | WAVS – Western Acquisition Ventures Corp. (Announced)
2.59% ~ $ 12.30 | PWUP – PowerUp Acquisition Corp. (Announced)
1.65% ~ $ 11.74 | WINV – WinVest Acquisition Corp. (Announced)
1.05% ~ $ 11.58 | MSSA – Metal Sky Acquisition Corp (Pre-Deal)
.96% ~ $ 11.60 | INAQ – Insight Acquisition Corp. (Announced)

YESTERDAY’S TOP SPAC LOSERS
-5.21% ~ $ 10.00 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
-2.58% ~ $ 10.95 | BLEU – bleuacacia ltd (Pre-Deal)
-2.57% ~ $ 11.39 | ATEK – Athena Technology Acquisition Corp. II (Pre-Deal)
-.66% ~ $ 12.12 | TETE – Technology Telecommunication Acquisition Corp (Announced)
-.63% ~ $ 11.01 | GODN – Golden Star Acquisition Corp (Announced)

Recent Analysis

CEO & CFO Moves Review – November 8, 2024

Explore last week’s CEO and CFO transitions at major public companies like Adial Pharmaceuticals, Affirm Holdings, Agrify Corp, and Dollar Tree. Learn about the new leaders taking charge amidst financial challenges, governance risks, and stock performance issues. This update covers executive shifts at companies facing shareholder pressures, regulatory scrutiny, and strategic reorganizations.

Daily SPAC Update – November 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.

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.