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  • The Morning SPAC Update (Oct 9, 2024) πŸ”’

The Morning SPAC Update (Oct 9, 2024) πŸ”’

The pre-market SPAC recap for ListingTrack Pro users.

SPAC & De-SPAC Daily Trading (prev. session)

SPAC Gainers & Losers

Ticker

DA Target

Price

Daily % Chg.

GLST

K Enter

$11.78

3.97%

WINV

Xtribe

$11.89

2.94%

WAVS

Cycurion

$10.98

2.04%

ADRT

$11.48

1.15%

MSSA

$11.56

0.78%

ACAB

Abpro Corporation

$11.10

-0.54%

BOCN

TNL Mediagene

$11.46

-0.78%

HYAC

$10.66

-0.84%

AQU

HUTURE

$11.00

-0.90%

ALSA

XDATA

$11.68

-1.35%

SPAC Volume Leaders

Ticker

DA Target

Volume

IPXX

USA Rare Earth

0.33M

ALCY

0.26M

BFAC

Classover

0.23M

TMTC

eLong Power

0.14M

HSPO

Squirrel Enlivened International

0.13M

GLAC

0.12M

De-SPAC Gainers & Losers

Ticker

IPO Return

Price

Daily % Chg.

PDYN

-95%

$2.75

46.28%

NMHI

-98%

$0.20

44.37%

LSB

-60%

$4.01

21.15%

HWH

-92%

$0.80

-20.00%

KXIN

-99%

$0.18

-32.46%

VINC

-96%

$0.41

-41.62%

De-SPACs listed from 2019- in descending order with the 3 Gainers followed by the 3 Losers

SPAC Updates

Merger Votes / Completions

  • Insight Acquisition Corp. [$INAQ] postponed the merger vote to Oct 23 and will formally adjourn on Oct 14. β€” SF

Extensions

Upcoming Vote Updates:

  • RMG Acquisition Corp. III [$RMGCF] clarified that the redemption deadline is Oct 10. β€” SF

Listings

Listing Warnings / Transfers:

  • Metal Sky Acquisition Corp [$MSSA]: regained compliance. β€” SF

Key Filings

Extensions:

  • Global Blockchain Acquisition Corp. [$GBBK] PRE

S-4 Filings*:

  • Swiftmerge Acquisition Corp. [$IVCP] S-4/A

Post-Merger S-1 Filings**:

  • SBC Medical Group Holdings [$SBC] S-1

*The latest S-4 filings can be found in the Announced Mergers dataset.

**Includes PIPE resale registrations where applicable β€” the latest post-merger S-1 filings can be found in the De-SPAC Screener in the column group β€œDe-SPAC Profile”.

Key Event Calendar:

See the full calendar: SPAC Calendar

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.