Morning Update from SPAC Track
Pre-market recap of the action in the SPAC world for SPAC Track's premium subscribers. (May 25, 2022)
The Stats:
Pre-Market Movers:
DWAC -1.8%
SGHC -18%, KIND +14%
Previous Session Movers & Volume Leaders:
The Deals:
No new deals
Updates:
Haymaker Acquisition Corp. III (HYAC) announces shareholders have approved its merger with Biote
The transaction is expected to close on 5/26 with the ticker change to BMTD on 5/27
Edoc Acquisition Corp. (ADOC) and Calidi Biotherapeutics amend the merger agreement to, among other things, reduce the merger consideration to Calidi from $400M to $380M
New SPACs (S-1s):
1) Embrace Change Acquisition Corp. (EMCG)
$75M, 1 Warrant, 1 Right (1/8th of a share)
Focus: Technology, internet, and consumer sectors
Registration Withdrawals:
Guggenheim Special Purpose Acquisition Corp. I (GGI) — registration abandoned
Revolution Acceleration Acquisition Corp II (RAII)
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De-SPAC S-1s (including PIPE resale registrations*):
S-1/A:
Rigetti Computing (RGTI)
S-4 Activity:
No activity
Upcoming Dates:
Upcoming Announced Shareholder Meetings, Unit Splits, Warrant Redemptions
See the full calendar here.
SPAC Track Pro Notes:
Please note that a list of all the data points available on the Pro Screener with download eligibility can be found here: spactrack.io/screener-instructions
Thanks for reading,