SPACs in the News
2024-07-19 at 8:13am

At the SPAC of Dawn SPACs may be back on the upswing, but it seems increasingly unlikely they will return to the same stomping grounds as in 2020-2022. Teams took 14 Fintech firms public during those years, 17 more in broader Financial Services and five more in Crypto. But, those sectors may no longer hold...

2024-07-18 at 8:20am

At the SPAC of Dawn Stardust Power (NASDAQ:SDST) is the latest de-SPAC to rocket up this week after closing its combination with Global Partner II, but there could be more to its spike than simply the low float it currently represents. The parties got through their July 8 closing with just 134,550 public shares remaining...

2024-07-17 at 8:28am

At the SPAC of Dawn Futures are starting the day deep red after hitting a string of highs this month, but many of the corners of the market populated by de-SPACs appear to have more room to roll. Small-caps overall are having a strong month as the Russell 2000 has surged forward nearly +11% over...

2024-07-16 at 8:08am

At the SPAC of Dawn As the US elections draw nearer, more intersections of SPACs and politics are likely to continue to emerge. One day further into the Republican National Convention and Trump Media (NASDAQ:DJT) is now facing a slight -9% regression in the aftermarket, while conservative social media platform Rumble (NASDAQ:RUM) experienced its own...

2024-07-15 at 7:56am

At the SPAC of Dawn The third week of July is to kick off with AIB‘s (OTC:AIBAF) vote to complete its combination with PS International and may be joined by a pair of new SPAC IPOs while four other SPACs hold extension votes later in the week. Meanwhile, the biggest mover in SPAC world is...

2024-07-12 at 8:17am

At the SPAC of Dawn With all eyes on the fireworks both literal and figurative in Western politics this month, July has hosted a relative drought of new business combinations with just one so far announced. But, there are flashes on the horizon as three SPACs signed letters of intent to combine with targets in...

2024-07-11 at 8:24am

At the SPAC of Dawn As the market awaits the reading for the US’ CPI numbers for June at 8:30 am ET, SPAC teams are increasingly looking outside of the US for filing their initial corporate documents. So far, none of the 34 SPACs that have filed for IPOs in 2024 have been domiciled in...

2024-07-10 at 8:11am

At the SPAC of Dawn Wednesday is set to be potentially the busiest day of the week for SPACs with three extension votes and a completion vote for investors to get through. The day also holds the possibility of being the month’s first debut of multiple SPACs at once as SIM I (NASDAQ:SIMAU) priced overnight...

2024-07-09 at 8:18am

At the SPAC of Dawn Lionsgate Studios (NASDAQ:LION) brought SPACs to the big screen, albeit in a behind-the-scenes role, but the vehicles now look to take on a more front-and-center billing on the small screen. HBO Max yesterday launched its first trailer for its documentary Wild Wild Space, which follows space ventures Rocket Lab (NASDAQ:RKLB),...

2024-07-08 at 8:11am

At the SPAC of Dawn The SPAC market picks back up after the week of the Fourth with five extension votes on the docket and two completion votes. Quetta (NASDAQ:QETA) is also coming up on its transaction deadline July 10, but it has options to push this into the future. It may deposit $690,000 for...

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