SPAC Daily: Tues, November 15

by | Nov 15, 2022

Chart of the Day – FOXO in Turmoil

Today in SPACs

  • Frazier Lifesciences Acquisition (FLAC) shareholders approved its NewAmsterdam Pharma and will trade as NAMS next week. Just 32% of shares redeemed (which is a multi-month low), though some of that can be attributed to a non-redemption agreement
  • G&P Acquisition Corp. (GAPA) will liquidate its shares and dissolve on November 30
  • Liberty Media Acquisition Corporation (LMACA) approved its early dissolution and will wind up on 12/1, 44.5M shares elected to redeem immediately for $10.07
  • OceanTech Acquisitions I Corp. (OTEC) will take OTC traded Majic Wheels (MJWL) in a SPAC transaction

SPAC Calendar

<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

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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.

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SPAC Market Review – November 2022

November’s SPAC market review paints a picture of a SPAC market rushing towards the exit with high, and accelerating liquidations, more deal terminations, and almost no new SPAC IPOs.

SPAC Research & Analysis

SPAC Market Review – November 2022

November’s SPAC market review paints a picture of a SPAC market rushing towards the exit with high, and accelerating liquidations, more deal terminations, and almost no new SPAC IPOs.

SPACs Today: Thursday, Dec 1

Pacifico Acquisition Corp. (PAFO) are the latest with high redemptions, and the rest of today’s SPAC market news.

SPAC Daily: Thursday, November 17

Cartesian Growth Corporation (GLBL) with another record challenging redemption number plus the rest of the day’s SPAC news.

SPAC Daily: Weds, November 9

Things are slow in SPAC land, we give a rundown of today’s happenings, filings and early liquidations in today’s update.

Know Who Drives Return Podcast

Podcast: Westrock Coffee CEO Scott Ford

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