SPAC Daily: FAZE Set to Make Debut

by | Jul 19, 2022

The FaZe Clan (FAZE) is set to make its public trading debut tomorrow and it will ring the bell at Nasdaq. The deal was approved last week and will be surely watched by traders and FaZe enthusiasts alike. BRPM shares closed up big today (likely on anticipations of a low float) +17% to $13.02.

Elsewhere in SPACs

Elsewhere, it was a busy afternoon of 8-K cleanup in SPAC land with plenty of redemption numbers, deal rumors and cancellations.

  • CleanTech Acquisition Corp. (CLAQ) filed that its shareholders approved 6 1-month extensions (cancelling their original sponsor options) at $100K each out until January 2023
  • Clover Leaf Capital Corp. (CLOE) confirmed that it deposited $0.10 in its trust to extend for 3 months. The company has two 3-month sponsor exemption remaining
  • Bloomberg is reporting that NewAmsterdam Pharma is in talks to go public Frazier Lifesciences Acquisition Corp. (FLAC)
  • Almost 90% redemptions for Chavant Capital Acquisition Corp. (CLAY) on its extension vote.
  • Aesther Healthcare Acquisition Corp. (AEHA) terminated its merger agreement with United Gear & Assembly and intends to keep searching for a new target
  • Brilliant Acquisition Corp. (BRLI) confirmed its extension was approved and added $0.12 / share out till October. 1M shares redeemed.

Upcoming SPAC Calendar

Full calendar and SPAC database access here

Today’s SPAC Stock Movers

Biggest SPAC Gainers

17.83% ~ $ 13.02 | BRPM РB. Riley Principal 150 Merger Corp. (Announced)
2.73% ~ $ 10.15 | ACTD РArcLight Clean Transition Corp. II (Announced)
.70% ~ $ 10.00 | GWII РGood Works II Acquisition Corp. (Pre-Deal)
.62% ~ $ 9.73 | HWEL РHealthwell Acquisition Corp. I (Pre-Deal)
.61% ~ $ 9.91 | VBOC РViscogliosi Brothers Acquisition Corp (Pre-Deal)
.60% ~ $ 10.01 | BMAC РBlack Mountain Acquisition Corp. (Pre-Deal)
.54% ~ $ 10.19 | VTAQ РVentoux CCM Acquisition Corp. (Announced)
.52% ~ $ 9.67 | CDAQ РCompass Digital Acquisition Corp. (Pre-Deal)
.51% ~ $ 9.90 | ACAX РAlset Capital Acquisition Corp. (Pre-Deal)
.51% ~ $ 9.94 | CLRC РClimateRock (Pre-Deal)
.50% ~ $ 9.98 | SGHL РSignal Hill Acquisition Corp. (Pre-Deal)
.50% ~ $ 9.99 | BYNO РbyNordic Acquisition Corporation (Pre-Deal)
.50% ~ $ 10.03 | CND РConcord Acquisition Corp (Announced)
.50% ~ $ 10.05 | SHAP РSpree Acquisition Corp. 1 Ltd (Pre-Deal)
.41% ~ $ 9.74 | CORS РCorsair Partnering Corporation (Pre-Deal)
.41% ~ $ 9.74 | DUNE РDune Acquisition Corporation (Announced)
.41% ~ $ 9.84 | CSLM РConsilium Acquisition Corp I, Ltd. (Pre-Deal)
.41% ~ $ 9.88 | EPWR РEmpowerment & Inclusion Capital I Corp (Pre-Deal)
.40% ~ $ 10.08 | CFVI РCF Acquisition Corp. VI (Announced)

Biggest SPAC Losers

-3.33% ~ $ 10.17 | CLAQ Рcleantech Acquisition Corp. (Announced)
-2.59% ~ $ 9.98 | NLIT РNorthern Lights Acquisition Corp. (Announced)
-1.38% ~ $ 10.02 | KINZ РKINS Technology Group Inc. (Pre-Deal)
-.80% ~ $ 9.94 | WQGA РWorld Quantum Growth Acquisition Corp (Pre-Deal)
-.62% ~ $ 9.63 | GHIX РGores Holdings IX, Inc. (Pre-Deal)
-.60% ~ $ 9.93 | MEKA РMELI Kaszek Pioneer Corp (Pre-Deal)
-.41% ~ $ 9.67 | ALCC РAltC Acquisition Corp. (Pre-Deal)
-.41% ~ $ 9.68 | PRPB РCC Neuberger Principal Holdings II (Announced)
-.41% ~ $ 9.80 | KYCH РKeyarch Acquisition Corp (Pre-Deal)
-.41% ~ $ 9.81 | MSAC РMedicus Sciences Acquisition Corp. (Pre-Deal)
-.40% ~ $ 9.93 | TGVC РTG Venture Acquisition Corp. (Pre-Deal)
-.40% ~ $ 10.00 | SPK РSPK Acquisition Corp. (Announced)
-.40% ~ $ 10.01 | GEEX РGames & Esports Experience Acquisition Corp. (Pre-Deal)
-.40% ~ $ 10.06 | IFIN РInFinT Acquisition Corporation (Pre-Deal)
-.31% ~ $ 9.68 | SLVR РSILVERspac Inc (Pre-Deal)
-.31% ~ $ 9.78 | GAQ РGeneration Asia I Acquisition Ltd (Pre-Deal)
-.31% ~ $ 9.80 | TIOA РTio Tech A (Pre-Deal)
-.30% ~ $ 9.81 | DHCA РDHC Acquisition Corp (Pre-Deal)
-.30% ~ $ 9.85 | SAMA РSchultze Special Purpose Acquisition Corp. II (Pre-Deal)
-.30% ~ $ 9.90 | LGTO РLEGATO MERGER CORP. II (Announced)

<a href="" target="_self">David Drapkin</a>

David Drapkin

Spent his formative years at Goldman Sachs and now embraces the start-up life in NYC. A long suffering Oakland (Las Vegas) Raiders fan and graduate of the Wharton School at the University of Pennsylvania. Semi-professional go-kart racer waiting for his shot.

Know Who Drives Return

Objective, data-driven assessments for every public company director and officer.

SPAC Analytics & Database

Comprehensive research and analytics on every SPAC, sponsor, and deal. Real-time alerts, yields, red flags, filings, investors, and much more. API access to institutional grade SPAC database.

Monthly SPAC Review

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

SPAC Research & Analysis

SPAC Daily: Court Battles Heat Up

CPTK and FST are set up for court battles related to their failed business combinations, and the rest of the day’s SPAC news.

SPAC Daily: Terminations on the Rise

SPAC Market Review ‚Äď July 2022Full SPAC ListingPodcast: Know Who Drives ReturnDaily SPAC Newsletter Call it the dog days of SPAC summer, as August has been nasty for pending SPAC mergers. No surprise that mergers are facing tons of obstacles today from the lack of...

Know Who Drives Return Podcast

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.


The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

This report contains opinions and is provided for informational¬†purposes only¬†‚Äď it does not constitute investment, legal or tax advice. You should not¬†rely solely upon the research herein for¬†purposes of transacting securities or other investments, and you are¬†encouraged to conduct your own research and due diligence, and to seek¬†the advice of a qualified¬†securities professional before¬†you make any¬†investment.¬†¬†

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.  

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.