SPAC Daily: Thursday, November 17

by | Nov 17, 2022

Charts of the Day

A friendly reminder of the massive wave of completed liquidations (in addition to the not pictured ~50 early votes) and the early 2023 maturity wall of SPACs.

Source: Boardroom Alpha

Today in SPACs

  • Cartesian Growth Corporation (GLBL) shareholders approved their deal with Tiedemann Group and Alvarium Investments, though will wait till January 3, 2023 to close the transaction
  • French firm Digital Virgo agreed to go public via Goal Acquisitions Corp (PUCK)
  • 8i Acquisition 2 Corp. (LAX) and EUDA Health closed their merger and will trade as EUDA tomorrow, 11/18

SPAC Calendar

Today’s SPAC Movers

Biggest Gainers

20.91% ~ $ 10.41 | GLBL – Cartesian Growth Corporation (Announced)
10.60% ~ $ 9.60 | VENA – Venus Acquisition Corporation (Announced)
1.77% ~ $ 9.80 | FLAC – Frazier Lifesciences Acquisition Corporation (Announced)
.99% ~ $ 10.17 | HMA – Heartland Media Acquisition Corp. (Pre-Deal)
.71% ~ $ 9.91 | CORS – Corsair Partnering Corporation (Pre-Deal)
.69% ~ $ 10.16 | APAC – StoneBridge Acquisition Corp. (Pre-Deal)
.69% ~ $ 10.16 | ROCG – Roth CH Acquisition IV Co. (Pre-Deal)
.60% ~ $ 10.02 | GAQ – Generation Asia I Acquisition Ltd (Pre-Deal)
.60% ~ $ 10.14 | FEXD – Fintech Ecosystem Development Corp. (Announced)
.51% ~ $ 9.83 | JAQC – Jupiter Acquisition Corporation (Pre-Deal)
.51% ~ $ 9.90 | NFYS – Enphys Acquisition Corp. (Pre-Deal)
.50% ~ $ 10.09 | CSLM – Consilium Acquisition Corp I, Ltd. (Pre-Deal)
.50% ~ $ 10.10 | KNSW – KnightSwan Acquisiton Corp (Pre-Deal)
.50% ~ $ 10.10 | HHGC – HHG Capital Corporation (Pre-Deal)
.50% ~ $ 10.14 | RACY – Relativity Acquisition Corp (Pre-Deal)
.50% ~ $ 10.15 | CONX – CONX Corp (Pre-Deal)
.49% ~ $ 10.28 | APCA – AP Acquisition Corp (Pre-Deal)
.45% ~ $ 10.01 | TBCP – Thunder Bridge Capital Partners III Inc. (Pre-Deal)
.45% ~ $ 10.14 | CENQ – CENAQ Energy Corp. (Announced)
.41% ~ $ 9.81 | TWCB – Bilander Acquisition Corp. (Pre-Deal)

Biggest Losers
-8.08% ~ $ 9.22 | POND – Angel Pond Holdings Corp (Announced)
-6.34% ~ $ 19.94 | DWAC – Digital World Acquisition Corp. (Announced)
-2.27% ~ $ 11.63 | TINV – Tiga Acquisition Corp (Announced)
-1.96% ~ $ 9.51 | PTIC – PropTech Investment Corporation II (Announced)
-1.04% ~ $ 10.50 | ACEV – ACE Convergence Acquisition Corp (Announced)
-.84% ~ $ 10.03 | ROSS – Ross Acquisition Corp II (Pre-Deal)
-.70% ~ $ 9.96 | DUET – DUET Acquisition Corp. (Announced)
-.68% ~ $ 9.91 | HSAQ – Health Sciences Acquisitions Corporation 2 (Announced)
-.50% ~ $ 9.96 | FWAC – Fifth Wall Acquisition Corp. III (Pre-Deal)
-.49% ~ $ 10.20 | IOAC – Innovative International Acquisition Corp. (Announced)
-.49% ~ $ 10.20 | WNNR – Andretti Acquisition Corp. (Pre-Deal)
-.48% ~ $ 10.47 | VHAQ – Viveon Health Acquisition Corp. (Announced)
-.39% ~ $ 10.11 | SHAP – Spree Acquisition Corp. 1 Ltd (Announced)
-.39% ~ $ 10.14 | GIA – GigCapital5, Inc. (Announced)
-.39% ~ $ 10.17 | IFIN – InFinT Acquisition Corporation (Announced)
-.35% ~ $ 9.95 | INAQ – Insight Acquisition Corp. (Pre-Deal)
-.30% ~ $ 10.00 | STRE – Supernova Partners Acquisition Company III, Ltd (Pre-Deal)
-.30% ~ $ 10.05 | SUAC – ShoulderUP Technology Acquisition Corp. (Pre-Deal)
-.30% ~ $ 10.11 | ASCA – ASPAC I Acquisition Corp. (Pre-Deal)
-.30% ~ $ 10.11 | PTWO – Pono Capital Two, Inc. (Pre-Deal)

<a href="https://www.boardroomalpha.com/author/draps/" 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 – 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.

Disclaimer

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 – 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.