Will the better SPAC narrative hold this week? It got off to, at least moderately, a mostly muted start to the week with no action on the new issue side of the world or new mergers. A majority of pre-deal SPACs fell on the day, albeit mostly quite small moves. The average Pre-Deal SPAC can be scooped up for ~$9.82, where things currently stand.
That being said, IPOs have been performing relatively well, and the majority of the newest SPAC IPOs are still trading above NAV, a definite reversion from where things had taken a turn to in the last two or so months.
Jun 17 | $ 10.03 | JUGG - Jaws Juggernaut Acquisition Corporation
Jun 16 | $ 10.03 | TRON - CORNER GROWTH ACQUISITION CORP. 2
Jun 15 | $ 10.00 | DILA - Dila Capital Acquisition Corp
Jun 15 | $ 10.15 | RONI - Rice Acquisition Corp. II
Jun 15 | $ 10.08 | ZT - Zimmer Energy Transition Acquisition Corp.
Jun 14 | $ 10.05 | GSQB - G Squared Ascend II, Inc.
Jun 10 | $ 10.00 | LITT - Logistics Innovation Technologies Corp.
Jun 10 | $ 10.01 | LAAA - Lakeshore Acquisition I Corp.
Jun 10 | $ 10.08 | HCNE - Jaws Hurricane Acquisition Corporation
Look out for things to get back as the week goes on, starting tomorrow with 2 SPAC votes in FinTech Acquisition Corp IV and Thoma Bravo Advantage both set to complete their merger processes.
LiveVox Holdings completed its merger with Crescent Acquisition Corp (CRSA) on Friday, and will trade as LVOX tomorrow. Shares closed down over 3% to $8.81.
PLAYSTUDIOS and Acies completed their business combination, and shares will trade as MYPS tomorrow. Shares closed up +2% to $8.39.
Today's Price Action
7.01% ~ $ 13.43 | PSAC - Property Solutions Acquisition Corp (Announced)
6.56% ~ $ 14.29 | LACQ - Leisure Acquisition Corp. (Announced)
5.76% ~ $ 10.47 | FTOC - FTAC Olympus Acquisition Corp (Announced)
3.82% ~ $ 10.05 | OPA - Magnum Opus Acquisition Limited (Pre-Deal)
2.66% ~ $ 17.39 | RICE - Rice Acquisition Corp. (Announced)
2.58% ~ $ 10.73 | LEAP - Ribbit LEAP Ltd (Pre-Deal)
2.56% ~ $ 11.64 | BOWX - BowX Acquisition Corp (Announced)
2.32% ~ $ 11.46 | FWAA - Fifth Wall Acquisition Corp. I (Announced)
2.14% ~ $ 11.45 | PDAC - Peridot Acquisition Corp (Announced)
2.00% ~ $ 10.18 | HCIC - Hennessy Capital Investment Corp. V (Announced)
1.73% ~ $ 9.91 | MACC - Mission Advancement Corp. (Pre-Deal)
1.60% ~ $ 10.18 | GSAH - GS Acquisition Holdings Corp II (Announced)
1.16% ~ $ 11.38 | MUDS - Mudrick Capital Acquisition Corporation II (Announced)
1.12% ~ $ 9.90 | HCII - HUDSON EXECUTIVE INVESTMENT CORP. II (Pre-Deal)
1.03% ~ $ 9.80 | EPWR - Empowerment & Inclusion Capital I Corp (Pre-Deal)
.93% ~ $ 9.72 | SPTK - SportsTek Acquisition Corp. (Pre-Deal)
.93% ~ $ 11.95 | TDAC - Trident Acquisitions Corp (Announced)
.92% ~ $ 9.85 | HHLA - HH&L Acquisition Co. (Pre-Deal)
-8.51% ~ $ 18.27 | SSPK - Silver Spike Acquisition Corp. (Announced)
-7.73% ~ $ 12.77 | CMLF - CM Life Sciences Inc (Announced)
-5.01% ~ $ 10.05 | DGNU - Dragoneer Growth Opportunities Corp. III (Pre-Deal)
-3.65% ~ $ 9.50 | AACQ - Artius Acquisition Inc. (Announced)
-2.68% ~ $ 10.18 | DCRB - Decarbonization Plus Acquisition Corp (Announced)
-2.59% ~ $ 11.28 | HOL - Holicity Inc (Announced)
-2.51% ~ $ 9.70 | IBER - Ibere Pharmaceuticals (Pre-Deal)
-2.44% ~ $ 10.01 | TCVA - TCV Acquisition Corp. (Pre-Deal)
-2.37% ~ $ 12.37 | THCB - Tuscan Holdings Corp. (Announced)
-2.36% ~ $ 10.35 | ANDA - Andina Acquisition Corp. III (Announced)
-2.30% ~ $ 12.30 | FST - FAST ACQ CP (Announced)
-2.21% ~ $ 13.69 | CLII - Climate Change Crisis Real Impact I Acquisition Corp (Announced)
-2.06% ~ $ 14.26 | GHVI - Gores Holdings VI Inc (Announced)
-2.02% ~ $ 11.15 | APXT - Apex Technology Acquisition Corporation (Announced)
-2.01% ~ $ 9.77 | FVIV - Fortress Value Acquisition Corp. IV (Pre-Deal)
-1.91% ~ $ 9.22 | ARYA - Arya Sciences Acquisition Corp III (Announced)
-1.88% ~ $ 22.96 | CCIV - Churchill Capital Corp IV (Announced)
-1.84% ~ $ 9.60 | LCA - Landcadia Holdings IV, Inc. (Pre-Deal)
Jun 22 | $ 9.97 | TBA - Thoma Bravo Advantage --> ironSource
Jun 22 | $ 11.89 | FTIV - FinTech Acquisition Corp. IV --> Perella Weinberg Partners LLC
Jun 23 | $ 9.50 | AACQ - Artius Acquisition Inc. --> Origin Materials
Jun 23 | $ 10.47 | FTOC - FTAC Olympus Acquisition Corp --> Payoneer Inc.
Jun 24 | $ 9.99 | FIII - Forum Merger III Corporation --> Electric Last Mile, Inc.
Jun 24 | $ 9.91 | FRX - Forest Road Acquisition Corp --> Beachbody, LLC
Jun 28 | $ 9.99 | IACA - ION Acquisition Corp 1 Ltd --> Taboola
Jun 29 | $ 9.97 | NSTB - Northern Star Investment Corp. II --> Apex Clearing Holdings
Jun 29 | $ 9.95 | RACA - Therapeutics Acquisition Corp --> POINT Biopharma
Jun 29 | $ 13.69 | CLII - Climate Change Crisis Real Impact I Acquisition Corp --> EVgo
Jun 29 | $ 9.97 | FCAC - Falcon Capital Acquisition Corp --> sharecare
Jun 30 | $ 10.08 | WPF - Foley Trasimene Acquisition Corp. --> Alight Solutions
Jun 30 | $ 11.28 | HOL - Holicity Inc --> Astra
Jun 30 | $ 10.05 | ALUS - Alussa Energy Acquisition Corp --> FREYR
Jun 30 | $ 11.15 | APXT - Apex Technology Acquisition Corporation --> AvePoint, Inc.
More from Boardroom Alpha
More from Boardroom Alpha For ongoing tracking, analytics, and data on SPACs checkout Boardroom Alpha's SPAC Data and Analytics service.
- SPAC Wrap: Mixed Feelings
- CEO, CFO, and Director Moves
- DraftKings, Lordstown Reignite SPAC Criticisms
- Decarbonization Plus (DCRC) + Solid Power in $1.24B SPAC Deal
- RIDE Continues its Fall, Fortress II (FAII) Votes Tomorrow
- Lordstown (RIDE) CEO Steve Burns Resigns; Boxed + SVOK
- Gamestop's Big Moves; Director/Officer Moves w/o June 11
- De-SPACs Are Popping, Another eVTOL Merger
- Amid Positive SPAC Momentum, IPOs Returned Too
- The SPAC Tide is Turning Positive
- Less Angst in SPAC Land + Wallbox in a $1.5B SPAC Deal
- SPACs Rise, RIDE Plunges on Going Concern
- SPAC Narrative Changing: CLOV Surges in Pre-Market, CCIV Surged Monday
- VPC Impact Drops on Dave Deal, More SPAC Votes Ahead
- A Big Week for SPACs. Will the Narrative Continue to Improve?
- Ackman Rewrites the SPAC "Merger", De-SPACs are Heating Up
- 2 SPACs Vote Tomorrow amid June Merger Frenzy
- SPAC Narrative Changing with De-SPAC Success and New Chamath SPACs?
- Hot Start for SoFi, while MUDS Takes a Hit on AMC and Candy Digital News
- SPAC Activity Picks Up into Memorial Day, Remain Heavily Discounted
- IPOE Passes Vote as Chamath Pens Op-Ed, PACX Rises on Acorns Deal
- Chamath's IPOE Shareholders Vote Today on SoFi Merger; Acorns and eFFECTOR Deals
(Disclaimers: this is not investment advice. The author may be long one or more stocks mentioned in this report.)