Daily SPAC Update – September 4, 2024

by | Sep 4, 2024

DECA + Semnur Pharmaceuticals Deal. MITA and SKGR Extension Votes Set. IFIN DeSPAC. APXI Removes MultiplAI from Deal. GLLI PIPE. DYCQ LOI Announced.

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Daily SPAC Update

SPAC DEAL & EXTENSION VOTES SET
MITA – Coliseum Acquisition Corp * EXTENSION VOTE SET: Sep 20, 2024 * trust $11.13
SKGR – Sk Growth Opportunities Corp * EXTENSION VOTE SET: Sep 26, 2024 * trust $11.28

SPAC DEALS ANNOUNCED
Sep 03 | DECA – Denali Capital Acquisition Corp + Semnur Pharmaceuticals, Inc.

DeSPACs
IFIN -> CURR on Sep 03

OTHER SPAC NEWS
APXI – APX ACQUISITION CORP I * Deal modification: MultiplAI removed from deal
GLLI – GLOBALINK INVESTMENT INC * Deal PIPE adjustments
DYCQ – DT CLOUD ACQUISITION CORP * Non-Binding LOI

SPAC LIQUIDATIONS
TortoiseEcofin Acquisition Corp. III (TRTLF)-> Liquidation on Sep 06
Fintech Ecosystem Development Corp. (FEXD)-> Liquidation on Aug 29

YESTERDAY’S TOP SPAC GAINERS
13.17% ~ $ 12.20 | ACAC – Acri Capital Acquisition Corp (Announced)
2.81% ~ $ 10.61 | PTWO – Pono Capital Two, Inc. (Announced)
2.23% ~ $ 11.00 | IRAA – Tribe Capital Growth Corp I (Announced)
2.04% ~ $ 12.50 | ADRT – Ault Disruptive Technologies Corp (Pre-Deal)

YESTERDAY’S TOP SPAC LOSERS
-5.86% ~ $ 11.65 | ALSA – Alpha Star Acquisition Corp (Pre-Deal)
-3.35% ~ $ 11.68 | CLOE – Clover Leaf Capital Corp. (Announced)
-.86% ~ $ 11.50 | TRON – Corner Growth Acquisition Corp. 2 (Pre-Deal)
-.84% ~ $ 10.57 | BHAC – Focus Impact BH3 Acquisition Company (Announced)
-.64% ~ $ 10.82 | NBST – Newbury Street Acquisition Corporation (Announced)

SPAC DEAL TERMINATIONS (Last 10 Days)
2024-08-26: NNAG + NAVA HEALTH MD, INC.

LATEST SPAC IPO PERFORMANCE
Aug 29 | $ 9.95 | GIG – GigCapital7 Corp.
Aug 28 | $ 9.95 | BSII – Black Spade Acquisition II Co
Aug 16 | $ 10.00 | HOND – HCM II Acquisition Corp.
Aug 16 | $ 10.02 | SBXD – SilverBox Corp IV
Aug 09 | $ 9.98 | VACH – Voyager Acquisition Corp
Aug 06 | $ 9.95 | EQV – EQV Ventures Acquisition Corp.

Recent Analysis

Daily SPAC Update – December 2, 2024

BACQ, RDAC, CCIR Start Separate Trading. BREZ, JWSM, MNTN Shareholders Approve Extensions. ROCL Deal Approved. AITR + American Metals Deal Terminated.

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