News From the Past Week
Deal News
-
JVSPAC Acquisition Corp. (JVSA) announced a deal to acquire Hotel101, a hotel prop-tech operator pioneering a globally standardized, asset-light "condotel" business model. Hotel101 is a subsidiary of Philippine-listed investment company DoubleDragon Corporation (PSE: DD). The deal reflects an equity value of $2.3bn and is expected to close in H2 2024.
-
Blockchain Coinvestors Acquisition Corp. I (BCSA) announced a deal to acquire Linqto, a global financial technology investment platform allowing accredited investors to identify, evaluate, and make liquid investments in the world's leading unicorns and private companies. The deal reflects an enterprise value of $700mm and is expected to close in 2H 2024.
|
|
IPOs
None.
New S-1's
Name |
Ticker |
Size ($mm) |
Underwriter |
Trust Funding |
Coverage |
Mission Space |
MISN |
100 |
B. Riley |
101.0% |
W/2 |
Liquidations
Name |
Ticker |
Size ($mm) |
Announced |
Liq. Date |
Trust Per Share |
RMG III |
RMGC |
483 |
4/9/2024 |
4/22/2024 |
$10.00 |
Registrations Withdrawn
None.
|
|
Charter Extensions
- CITE extended its charter through 1/7/2025 with a monthly $40,000 ($0.018 per share) sponsor contribution to trust. Approximately 10% of public shares remain, representing $25mm in trust.
- ACAC extended its charter through 1/14/2025 with a monthly $50,000 ($0.028 per share) sponsor contribution to trust. Approximately 21% of public shares remain, representing $20mm in trust.
- SCRM extended its charter through 6/15/2024 with no sponsor contribution to trust. Approximately 23% of public shares remain, representing $184mm in trust.
- WAVS extended its charter through 7/11/2024 with a single $100 sponsor contribution to trust. Redemption statistics were not provided.
Upcoming Meetings and Deadlines
- 4/15/2024 HUDA Charter extension meeting (liquidation deadline 4/18/2024)
- 4/16/2024 AEAE Charter extension meeting (liquidation deadline 5/2/2024)
- 4/16/2024 TLGY Charter extension meeting (liquidation deadline 5/3/2024)
- 4/16/2024 GAQ Charter extension meeting
- 4/17/2024 USCT Charter amendment meeting
- 4/18/2024 FEXD Charter extension meeting (liquidation deadline 4/21/2024)
- 4/18/2024 TRTL Charter extension meeting (liquidation deadline 4/22/2024)
|
|
Disclosures: Site administrators may maintain positions in various SPAC securities and may trade in or out of those securities at any time without notice. Information from spacresearch.com is provided for informational purposes only and should not be relied upon as the basis for any investment decision. Nothing on spacresearch.com is a recommendation or solicitation to buy or sell any investment.
|
|
Copyright © 2024 SPAC Research, All rights reserved. SPAC Research is the source of all data unless otherwise noted.
Did we miss something important? Please contact us.
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.
|
|
|