SPAC Daily: Wednesday, Oct 19

by | Oct 19, 2022

SPAC Chart of the day

We recap the rest of the day’s SPAC news below.

Elsewhere in SPACs

  • Cartica Acquisition Corp. (CITE) affiliate of the sponsor, Cartica Funds, disclosed that intends to liquidate in 2023 and thus may be unable to fulfill its (up to $30M) potential FPA upon closing of a business combination
  • Adit EdTech Acquisition Corp (ADEX), with a nearly year-old DA with GRIID, filed for a December vote to extend its January SPAC deadline by up to 6 months
  • 10X Capital Venture Acquisition Corp. II (VCXA) pushed back its extension vote by one week, till 11/9, and shortened the proposal from 9 months to 6 months
  • Technology & Telecommunication Acquisition Corporation (TETE) struck a $1.1B EV deal to take Malaysian tech co Super Apps public
  • LMF Acquisition Opportunities, Inc. (LMAO) shareholders approved its deal with SeaStar Medical, though 10.3M shares or 99% of the SPAC’s trust elected to redeem

SPAC Calendar

Today’s Movers

Biggest Gainers

23.46% ~ $ 10.42 | LMAO – LMF Acquisition Opportunities, Inc. (Announced)
7.03% ~ $ 8.98 | VENA – Venus Acquisition Corporation (Announced)
5.57% ~ $ 8.34 | BOAS – BOA Acquisition Corp. (Announced)
3.35% ~ $ 10.50 | AXH – Industrial Human Capital, Inc. (Pre-Deal)
1.21% ~ $ 10.00 | IACC – ION Acquisition Corp 3 Ltd. (Pre-Deal)
.70% ~ $ 10.10 | LION – Lionheart III CORP (Announced)
.70% ~ $ 10.11 | LIBY – Liberty Resources Acquisition Corp. (Announced)
.59% ~ $ 10.16 | ACAQ – Athena Consumer Acquisition Corp. (Announced)
.56% ~ $ 9.95 | GBBK – Global Blockchain Acquisition Corp. (Pre-Deal)
.51% ~ $ 9.90 | TCOA – Trajectory Alpha Acquisition Corp. (Pre-Deal)
.41% ~ $ 9.72 | HWEL – Healthwell Acquisition Corp. I (Pre-Deal)
.41% ~ $ 9.83 | ZT – Zimmer Energy Transition Acquisition Corp. (Pre-Deal)
.40% ~ $ 10.03 | NPAB – New Providence Acquisition Corp. II (Pre-Deal)
.40% ~ $ 10.08 | ASCA – ASPAC I Acquisition Corp. (Pre-Deal)
.40% ~ $ 10.09 | ATAK – Aurora Technology Acquisition Corp. (Pre-Deal)
.40% ~ $ 10.10 | JWAC – Jupiter Wellness Acquisition Corp. (Pre-Deal)
.40% ~ $ 10.16 | WNNR – Andretti Acquisition Corp. (Pre-Deal)
.39% ~ $ 10.24 | AEHA – Aesther Healthcare Acquisition Corp. (Announced)
.39% ~ $ 10.25 | DHAC – Digital Health Acquisition Corp. (Announced)
.39% ~ $ 10.26 | NOVV – Nova Vision Acquisition Corp (Pre-Deal)

Biggest Losers

-12.62% ~ $ 9.00 | AHPA – Avista Public Acquisition Corp. II (Announced)
-8.21% ~ $ 9.22 | IGNY – Ignyte Acquisition Corp. (Announced)
-1.63% ~ $ 16.27 | DWAC – Digital World Acquisition Corp. (Announced)
-1.60% ~ $ 9.83 | PANA – Panacea Acquisition Corp. II (Pre-Deal)
-.88% ~ $ 10.09 | TGR – Kimbell Tiger Acquisition Corp (Pre-Deal)
-.80% ~ $ 9.86 | XPDB – Power Digital Infrastructure Acquisition II Corp. (Pre-Deal)
-.77% ~ $ 10.30 | FLYA – SOAR Technology Acquisition Corp. (Pre-Deal)
-.69% ~ $ 10.05 | VHNA – Vahanna Tech Edge Acquisition I Corp. (Pre-Deal)
-.60% ~ $ 9.95 | INTE – Integral Acquisition Corp 1 (Pre-Deal)
-.57% ~ $ 10.38 | VHAQ – Viveon Health Acquisition Corp. (Announced)
-.57% ~ $ 10.46 | HHGC – HHG Capital Corporation (Pre-Deal)
-.52% ~ $ 10.15 | TETE – Technology Telecommunication Acquisition Corp (Announced)
-.51% ~ $ 9.70 | HCVI – Hennessy Capital Investment Corp. VI (Pre-Deal)
-.51% ~ $ 9.81 | HWKZ – Hawks Acquisition Corp (Pre-Deal)
-.51% ~ $ 9.85 | AIMA – Aimfinity Investment Corp. I (Pre-Deal)
-.50% ~ $ 9.94 | RKTA – Rocket Internet Growth Opportunities Corp. (Pre-Deal)
-.49% ~ $ 10.25 | MLAC – Malacca Straits Acquisition Company Limited (Announced)
-.48% ~ $ 10.37 | ESSC – East Stone Acquisition Corporation (Announced)
-.47% ~ $ 10.63 | GRCY – Greencity Acquisition Corp (Pre-Deal)
-.45% ~ $ 9.95 | SKGR – SK Growth Opportunities Corp (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.

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