- ListingTrack
- Posts
- The Morning SPAC Update (Apr 18, 2025) 🔒
The Morning SPAC Update (Apr 18, 2025) 🔒
The pre-market SPAC recap for ListingTrack Pro users.
Listing Track
April 18, 2025
SPAC & De-SPAC Daily Trading (prev. session)
SPAC Gainers & Losers
Ticker | DA Target | Price | Daily % Chg. |
|---|---|---|---|
Shenzhen Qianzhi BioTech | $9.49 | 23.57% | |
$11.11 | 1.00% | ||
$10.15 | 0.69% | ||
$11.20 | 0.58% | ||
Huajin Holdings Limited | $11.71 | 0.52% | |
$10.16 | -0.20% | ||
Gadfin | $11.56 | -0.26% | |
$11.49 | -0.52% | ||
Global IBO Group | $11.15 | -2.62% | |
Docter Inc. | $16.22 | -11.70% |
SPAC Volume Leaders
Ticker | DA Target | Volume |
|---|---|---|
Kodiak Robotics | 3.81M | |
Terrestrial Energy | 0.51M | |
0.4M | ||
0.22M | ||
0.15M | ||
0.11M |
De-SPAC Gainers & Losers
Ticker | IPO Return | Price | Daily % Chg. |
|---|---|---|---|
-82% | $1.78 | 92.81% | |
-99% | $2.30 | 57.53% | |
-96% | $0.37 | 26.80% | |
-99% | $1.19 | 22.90% | |
-61% | $3.89 | 19.69% | |
-97% | $0.29 | -21.13% | |
-99% | $3.23 | -22.36% | |
-99% | $0.08 | -22.84% | |
-72% | $2.84 | -25.07% | |
163% | $26.33 | -27.31% |
De-SPACs listed from 2019-
De-SPAC Volume Leaders
News & De-SPAC Updates
FOXO Technologies (FOXO) will implement a 1-for-10 reverse stock split ahead of trading on April 29. —PR
Gen Digital (GEN) closed its acquisition of MoneyLion (ML) for $82.00 per share in cash, representing a transaction value of approximately $1 billion. Additionally, MoneyLion shareholders are entitled to receive one contingent value right (CVR) per share, offering a conditional payment of $23.00 in the form of Gen common stock if, on any date from the date hereof prior to April 17, 2027, for over 30 consecutive trading days, the average volume-average share price of Gen common stock is at least $37.50 or Gen undergoes a change of control. The CVRs are approved to be listed on the Nasdaq Stock Market. —PR
Vincerx Pharma (VINC) announced that its stock will be permanently suspended from trading on April 23 and will be subsequently delisted. The company will dissolve and liquidate. Trading was mistakenly suspended early on April 16 but will resume on April 21. —PR
SPAC Updates
Deal Updates
Pyrophyte (OTC: PHYTF) and its merger partner, Sio Silica Corporation, extended the outside date from April 30, 2025 to December 31, 2025. —SF
Extensions
DT Cloud (DYCQ) postponed the extension vote from Apr 18 to Apr 23, and extended the redemption deadline to Apr 21. – SF
Listing Warnings / Transfers:
Key Filings
Extensions:
ClimateRock (OTC: CLRCF) – DEF
S-4 Filings*:
—
Post-Merger S-1 Filings**:
—
*The latest S-4 filings can be found in the Announced Mergers dataset.
**Includes PIPE resale registrations where applicable — the latest post-merger S-1 filings can be found in the De-SPAC Screener in the column group “De-SPAC Profile”.
Thanks for reading,
The team at ListingTrack (listingtrack.io)
Abbreviations: BC: Business Combination, BCA: Business Combination Agreement, DA: Definitive Agreement, PR: Press Release, SF: Company SEC filing, IP: Investor Presentation
DISCLAIMER: The information provided in this newsletter is for your convenience only and is not intended to be treated as financial, investment, tax, or other advice. ListingTrack, SPAC Track, and the parent, CommonFi, do not make any guarantees, representations, or warranties as to, and shall have no liability for, the timeliness, truthfulness, sequence, quality, completeness, or accuracy of any of the information or data provided in this newsletter or on the ListingTrack or SPAC Track websites.