SPAC Daily: Weds, November 9

by | Nov 9, 2022

Things are slow in SPAC land, we give a rundown of today’s happenings. And, in case you missed it, have a more thorough look at the current state of SPAC land in our October SPAC Market Review.

Today in SPACs

  • Athlon Acquisition Corp. (SWET) will liquidate at $10.06 on Dec 1
  • Velocity Acquisition Corp. (VELO) filed a preliminary prospectus to liquidate early in 2022
  • Simon Property Group’s Simon Property Group Acquisition Holdings, Inc. (SPGS) also filed for an early 2022 liquidation
  • 15,357,970 shares were redeemed in conjunction with 10X Capital Venture Acquisition Corp. II’s (VCXA) extension vote
  • OS Acquisition withdrew a previously planned $150M SPAC IPO
  • Glass Houses Acquisition Corp. (GLHA) filed for an early liquidation in 2022

SPAC Calendar

Today’s Movers

Biggest Gainers

11.34% ~ $ 10.80 | ESSC – East Stone Acquisition Corporation (Announced)
5.32% ~ $ 10.80 | GACQ – Global Consumer Acquisition Corp. (Announced)
2.32% ~ $ 9.72 | LAX – 8i Acquisition 2 Corp. (Announced)
1.91% ~ $ 11.20 | AGBA – AGBA ACQUISITION LIMITED (Announced)
1.20% ~ $ 10.12 | BYNO – byNordic Acquisition Corporation (Pre-Deal)
1.00% ~ $ 10.06 | NHIC – NewHold Investment Corp. II (Pre-Deal)
.78% ~ $ 10.32 | ENCP – Energem Corp (Announced)
.71% ~ $ 10.48 | HHGC – HHG Capital Corporation (Pre-Deal)
.70% ~ $ 10.07 | FLFV – Feutune Light Acquisition Corp (Pre-Deal)
.64% ~ $ 10.16 | WINV – WinVest Acquisition Corp. (Pre-Deal)
.60% ~ $ 10.01 | SPGS – Simon Property Group Acquisition Holdings, Inc. (Pre-Deal)
.60% ~ $ 10.01 | FLAG – First Light Acquisition Group, Inc. (Pre-Deal)
.59% ~ $ 10.23 | GEEX – Games & Esports Experience Acquisition Corp. (Pre-Deal)
.58% ~ $ 10.45 | MAQC – Maquia Capital Acquisition Corporation (Pre-Deal)
.50% ~ $ 10.05 | PACI – PROOF Acquisition Corp I (Pre-Deal)
.50% ~ $ 10.10 | MCAE – Mountain Crest Acquisition Corp. III (Announced)
.48% ~ $ 10.36 | EDTX – EdtechX Holdings Acquisition Corp II (Announced)
.47% ~ $ 10.03 | HPX – HPX Corp (Announced)
.47% ~ $ 10.74 | GRCY – Greencity Acquisition Corp (Pre-Deal)
.40% ~ $ 9.98 | RCLF – Rosecliff Acquisition Corp I (Pre-Deal)

Biggest Losers

-19.69% ~ $ 22.55 | DWAC – Digital World Acquisition Corp. (Announced)
-8.11% ~ $ 9.63 | TINV – Tiga Acquisition Corp (Announced)
-6.85% ~ $ 9.38 | FLAC – Frazier Lifesciences Acquisition Corporation (Announced)
-4.76% ~ $ 10.00 | VCKA – Vickers Vantage Corp. I (Announced)
-4.04% ~ $ 9.50 | VENA – Venus Acquisition Corporation (Announced)
-1.06% ~ $ 10.25 | ACEV – ACE Convergence Acquisition Corp (Announced)
-.92% ~ $ 9.68 | DUNE – Dune Acquisition Corporation (Announced)
-.79% ~ $ 10.01 | GDST – Goldenstone Acquisition Ltd. (Pre-Deal)
-.70% ~ $ 9.98 | CONX – CONX Corp (Pre-Deal)
-.58% ~ $ 9.97 | ENER – Accretion Acquisition Corp. (Pre-Deal)
-.49% ~ $ 10.24 | REVE – Alpine Acquisition Corp. (Announced)
-.44% ~ $ 10.10 | TRAQ – Trine II Acquisition Corp (Pre-Deal)
-.41% ~ $ 10.18 | IMAQ – International Media Acquisition Corp. (Announced)
-.41% ~ $ 9.75 | HWEL – Healthwell Acquisition Corp. I (Pre-Deal)
-.40% ~ $ 9.95 | RWOD – Redwoods Acquisition Corp. (Pre-Deal)
-.39% ~ $ 10.23 | CITE – Cartica Acquisition Corp (Pre-Deal)
-.31% ~ $ 9.77 | TWCB – Bilander Acquisition Corp. (Pre-Deal)
-.31% ~ $ 9.80 | SCRM – Screaming Eagle Acquisition Corp. (Pre-Deal)
-.30% ~ $ 9.84 | CLBR – Colombier Acquisition Corp. (Pre-Deal)
-.30% ~ $ 9.87 | YTPG – TPG Pace Beneficial II Corp. (Pre-Deal)

Recent Analysis

Daily SPAC Update – June 7, 2024

CHEB/U $75M IPO. PLTN / DSY Big Tree Cloud DeSPAC. TENK Fixes Incorrect Redemption Payments. DHAC + VSee Health Deal Vote. TETE Extension Vote. INQA, VMCA Extend. 

Daily SPAC Update – June 6, 2024

GDST Goldenstone Extension Vote Set. TWLV Extends to Dec 2 (557k redemptions). OTEC Deal Terminated/Liquidation. IVCP, WEL Merger Agreements.

Daily SPAC Update – June 5, 2024

Swiftmerge IVCP + AleAnna Energy Deal. INAQ, NFYS Extension Votes. OTEC / Regentis Biomaterials Deal Terminated; OTEC Liquidates. TWLV, WINV, CNDA Extend. PLMI Deal Approved.

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