DWAC and Trump / TMTG Make SPACs Great Again

In this quick hit episode, David Drapkin talks to Matthew Tuttle from Tuttle Capital on the unprecedented action in DWAC as it breaks all SPAC and MEME records following its announcement to merge with Trump Media & Technology Group. Not even during peak SPAC mania have we seen anything like it. Will it bring back much needed attention to the asset class?

Recent Analysis

SPAC Market Update June 1, 2026: SSAC to Merge with Mobilewalla, RDAC Extension Approved

Spacsphere Acquisition Corp (SSAC) announced a merger with Mobilewalla, a data and AI company operating a proprietary consumer data AI platform, on June 1, 2026. Separately, Rising Dragon Acquisition Corp (RDAC) won an extension to October 15, 2027 after 1,903,823 shares were redeemed.

Peloton (PTON), Clorox (CLX), and Six Flags (FUN) Lead This Week’s C-Suite Changes — May 29, 2026

C-suite churn concentrated where market patience is thinnest: consumer cyclicals led CEO/CFO turnover, and the week brought 11 CEO changes and 12 CFO changes overall. Peloton added a CFO after a 98% collapse, Clorox opened a CEO search after a sharp S&P lag, while VPG and Bloom refreshed from strength rather than distress.

SPAC Market Update May 29, 2026: BID Prices $140M IPO; QSEA, CUB Set Extension Votes

Tribeca Strategic Acquisition Corp. (BID) priced a $140M SPAC IPO on May 29, 2026. Tribeca Strategic Partners Holdco LLC sponsors the vehicle, which targets software, technology, artificial intelligence, digital assets, and clean energy.

SPAC Market Update May 28, 2026: CGCT Deal Approval, $239.96M Redemption Update

Cartesian Growth Corp III (CGCT) reported about $239.96M redeemed from trust on May 28, 2026 after shareholders approved its merger. CGCT’s vote outcome was marked deal approved, and Lionano SE Inc. was listed as the target company.

SPAC Market Update June 1, 2026: SSAC to Merge with Mobilewalla, RDAC Extension Approved

Spacsphere Acquisition Corp (SSAC) announced a merger with Mobilewalla, a data and AI company operating a proprietary consumer data AI platform, on June 1, 2026. Separately, Rising Dragon Acquisition Corp (RDAC) won an extension to October 15, 2027 after 1,903,823 shares were redeemed.

SPAC Market Update May 29, 2026: BID Prices $140M IPO; QSEA, CUB Set Extension Votes

Tribeca Strategic Acquisition Corp. (BID) priced a $140M SPAC IPO on May 29, 2026. Tribeca Strategic Partners Holdco LLC sponsors the vehicle, which targets software, technology, artificial intelligence, digital assets, and clean energy.

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