Daily SPAC Update – October 4, 2024

by | Oct 4, 2024

MNTN + Unifund Financial Deal Termination Announced. SEDA Gives Up SPAC Deal Revival. INTE Deal Amendment.

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Daily SPAC Update

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-10-01: MNTN + Unifund Financial
2024-09-26: BCSA + Linqto, Inc
2024-09-25: IVCB + OpSec Group

OTHER SPAC NEWS
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * Deal Termination
SEDA – SDCL EDGE ACQUISITION CORP * Deal Termination
HAIA – HEALTHCARE AI ACQUISITION CORP * Investor Deck
INTE – INTEGRAL ACQUISITION CORP 1 * Merger Agreement Amendment
RFAC – RF ACQUISITION CORP * Merger Agreement Amendment
INTE – INTEGRAL ACQUISITION CORP 1 * Merger Agreement Amendment

SPAC DEALS ANNOUNCED
Oct 02 | IROH – Iron Horse Acquisitions Corp * + Rosey Sea Holdings / Zhong Guo Liang Tou Group

DeSPACs
LCW -> INV on Oct 03
XFIN -> BDMD on Oct 02

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

YESTERDAY’S TOP SPAC GAINERS
.99% ~ $ 10.76 | WAVS – Western Acquisition Ventures Corp. (Announced)
.93% ~ $ 10.82 | HYAC – Haymaker Acquisition Corp. 4 (Pre-Deal)
.63% ~ $ 11.26 | GDST – Goldenstone Acquisition Ltd. (Announced)
.46% ~ $ 11.67 | INAQ – Insight Acquisition Corp. (Announced)
.44% ~ $ 11.43 | DPCS – DP Cap Acquisition Corp I (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.38% ~ $ 11.26 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
-4.89% ~ $ 10.51 | IRAA – Tribe Capital Growth Corp I (Announced)
-1.31% ~ $ 11.25 | CSLM – Consilium Acquisition Corp I, Ltd. (Announced)
-.91% ~ $ 10.87 | FIAC – Focus Impact Acquisition Corp. (Announced)
-.88% ~ $ 10.76 | SBXC – SilverBox Corp III (Pre-Deal)

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

Recent Analysis

Daily SPAC Update – January 16, 2025

LATG DeSPACs to Femco Steel Technology (KBSX). Plum Acquisition III Extension Vote. RRAC and EVGR Extension Votes Set. NOEM Separate Trading on Jan 16. 

Daily SPAC Update – January 15, 2025

$150M Plum Acquisition IV and $50M Ribbon Acquisition SPAC IPOs. Aimfinity (AIMAU) and Quetta (QETA) Extensions Approved. Bowen (BOWN) + Qianzhi BioTech Deal Approved. 

Daily SPAC Update – January 14, 2025

Cohen Circle (CCIR) LOI with Ukranian Firm. BRKH DeSPACs to Blaize (BZAI). PPYA Extension Vote. Aimfinity Extends to Oct 2025. Bowen Acquisition (BOWN) Forward Purchase Agreement. 

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