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

Beretta Holding Gains Two Seats at Sturm Ruger After Proxy Fight

Sturm, Ruger & Co. Inc. (RGR) and Beretta Holding S.A. have reached a cooperation agreement granting Beretta the right to appoint two independent directors post-2026 Annual Meeting. This move follows Beretta’s campaign for boardroom change, highlighting governance and performance issues.

Daily SPAC Update – May 4, 2026

Blueport + SingAuto and Galaxyedge + Rongcheng Group Deals announced late Friday. Pono Capital Four separate trading. Gigcapital 7 non-redemption agreement.

Weekly Boardroom & Executive Moves: May 1, 2026

This week, significant leadership changes occurred across several companies facing financial difficulties. Abbott Laboratories (ABT) and Agilon Health Inc (AGL) appointed new board members and executives amidst high activist risks and declining TSRs. Accuray Inc (ARAY) and ALT5 Sigma Corp (ALTS) also saw key executive departures and appointments as they navigate substantial TSR declines. These shifts highlight the ongoing challenges and strategic redirections needed to stabilize operations and improve shareholder value.

Daily SPAC Update – May 1, 2026

Two SPAC IPOs launched today, raising a total of $500 million. CH4 Natural Solutions Acquisition Corp (MTNE) secured $300 million, while Quantum Leap Acquisition Corp (QLEP) raised $200 million. Today, 2 SPAC IPOs raised $500M, led by CH4 Natural Solutions (MTNE) at $300M. This follows a surge of activity at the end of April.

Daily SPAC Update – April 30, 2026

Today, six SPACs debuted, raising a total of $965 million. General Catalyst Global Resilience Merger Corp (GCGR) led the pack with $350 million, followed by RRE Ventures Acquisition Corp. (RREV) at $250 million. Month-to-date, SPAC IPOs total 16, bringing in $2.65 billion, compared to 11 IPOs last month that raised $1.72 billion.

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