Daily SPAC Update – September 30, 2024

by | Sep 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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Daily SPAC Update

MERGER VOTES
LCW + INNVENTURE LLC

EXTENSION VOTES
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * extend from September 30, 2024 to March 31, 2025

SPAC DEAL & EXTENSION VOTES SET
LATG – Chenghe Acquisition I Co * EXTENSION VOTE SET: Oct 11, 2024 * trust $11.60

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

SEPARATE WARRANTS/RIGHTS
VACH on Sep 30

OTHER SPAC NEWS
HCVI – HENNESSY CAPITAL INVESTMENT CORP VI * Trust Update * trust $10.75
XFIN – EXCELFIN ACQUISITION CORP * Trust Update * trust $11.07
MNTN – EVEREST CONSOLIDATOR ACQUISITION CORP * Termination Dispute
CLOE – CLOVER LEAF CAPITAL CORP * Vote Adjourn

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-09-27: BCSA + Linqto, Inc
2024-09-25: IVCB + OpSec Group

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

YESTERDAY’S TOP SPAC GAINERS
5.08% ~ $ 11.99 | FIAC – Focus Impact Acquisition Corp. (Announced)
3.22% ~ $ 11.86 | WINV – WinVest Acquisition Corp. (Announced)
.64% ~ $ 10.99 | BLEU – bleuacacia ltd (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-8.39% ~ $ 10.15 | LCW – Learn CW Investment Corp (Announced)
-4.89% ~ $ 10.51 | IRAA – Tribe Capital Growth Corp I (Announced)
-3.84% ~ $ 11.02 | XFIN – ExcelFin Acquisition Corp. (Announced)
-2.18% ~ $ 10.76 | HCVI – Hennessy Capital Investment Corp. VI (Announced)
-.94% ~ $ 11.55 | AIMAU – Aimfinity Investment Corp. I (Announced)

LATEST SPAC IPO PERFORMANCE
Sep 20 | $ 10.01 | 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 | $ 10.01 | VCIC – Vine Hill Capital Investment Corp.
Sep 06 | $ 10.00 | POLE – Andretti Acquisition Corp. II

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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