Daily SPAC Update – September 26, 2024

by | Sep 26, 2024

Berenson (BACA) Liquidates. XFIN + Baird Medical Merger Vote. Trailblazer (TBMC) Extension Vote. Investcorp Europe (ICVB) Deal Termination. Breeze Holdings Deal Announced.

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Daily SPAC Update

MERGER VOTES
XFIN + Baird Medical

EXTENSION VOTES
TBMC – TRAILBLAZER MERGER CORP I * vote Sept 26, 2024 -> extend to September 30, 2025

SPAC LIQUIDATIONS
Berenson Acquisition Corp. I (BACA)-> Liquidation on Sep 27

OTHER SPAC NEWS
BACA – BERENSON ACQUISITION CORP I * Trust Update * trust $10.69
BACA – BERENSON ACQUISITION CORP I * Liquidation-> 2024-09-27
IVCB – INVESTCORP EUROPE ACQUISITION CORP I * Deal Termination
BREZ – BREEZE HOLDINGS ACQUISITION CORP * Investor Deck
BREZ – BREEZE HOLDINGS ACQUISITION CORP * Merger Agreement
LCW – LEARN CW INVESTMENT CORP * Side Letter to Agreement
SKGR – SK GROWTH OPPORTUNITIES CORP * Vote Postponed

SPAC DEAL & EXTENSION VOTES SET
IXAQ – Ix Acquisition Corp * EXTENSION VOTE SET: Oct 09, 2024 * trust $11.54

SPAC DEALS ANNOUNCED
Sep 25 | BRZH – Breeze Holdings Acquisition Corp * + YD Biopharma Limited

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-09-25: IVCB + OpSec Group
2024-09-17: BACA + Custom Health, Inc

YESTERDAY’S TOP SPAC GAINERS
4.19% ~ $ 11.20 | HCVI – Hennessy Capital Investment Corp. VI (Announced)
1.96% ~ $ 11.70 | IVCB – Investcorp Europe Acquisition Corp I (Pre-Deal)
1.60% ~ $ 11.46 | ONYX – Onyx Acquisition Co. I (Pre-Deal)
1.01% ~ $ 10.98 | TBMC – Trailblazer Merger Corp I (Announced)

YESTERDAY’S TOP SPAC LOSERS
-8.18% ~ $ 11.12 | XFIN – ExcelFin Acquisition Corp. (Announced)
-4.89% ~ $ 10.51 | IRAA – Tribe Capital Growth Corp I (Announced)
-3.36% ~ $ 11.49 | WINV – WinVest Acquisition Corp. (Announced)
-3.35% ~ $ 11.68 | CLOE – Clover Leaf Capital Corp. (Announced)
-2.16% ~ $ 11.75 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Sep 20 | $ 10.00 | CAPN – Cayson Acquisition Corp
Sep 18 | $ 10.02 | YHNA – YHN Acquisition I Ltd
Sep 12 | $ 10.02 | FVN – Future Vision II Acquisition Corp.
Sep 06 | $ 10.00 | VCIC – Vine Hill Capital Investment Corp.
Sep 06 | $ 9.99 | POLE – Andretti Acquisition Corp. II
Aug 29 | $ 9.98 | GIG – GigCapital7 Corp.
Aug 28 | $ 9.98 | BSII – Black Spade Acquisition II Co

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-09-25: IVCB + OpSec Group
2024-09-17: BACA + Custom Health, Inc

Recent Analysis

Daily SPAC Update – October 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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