Precap from SPAC Track

The Precap newsletter: SPAC Track’s morning recap of the action in the SPAC world for premium subscribers. (March 29, 2022)

The Stats:

Pre-Market Movers:

HLXA +4.8%, MEKA +4.0%, DWAC +1.4%

Last Session’s Movers and Volume Leaders:

SPAC Track @SPACtrack

#SPACVolume Leaders (3/28/22) $FTCV 5.3M $GGPI 1.5M $TWNI 1.3M $DWAC 1.1M $IPOF 1.1M $EQD 0.8M $SPGS 0.8M $HTPA 0.7M $CPUH 0.7M $ARBG 0.6M

---

The Deals:

No new deals

---

News:

• Bankers for Spac deals cut fees as redemptions rise (FT)

---

Updates

• Spring Valley Acquisition Corp. (SV) & NuScale Power announce an additional $10M PIPE investment from SailingStone Capital increasing total PIPE proceeds to $221M

• FirstMark Horizon Acquisition Corp. (FMAC) and Starry announce that the merger is expected to close and the ticker is expected to change to STRY today

  • $176M in gross proceeds was raised from the transaction

• Magnum Opus Acquisition Limited (OPA) and Forbes extend termination date to 5/31/22

---

New SPACs (S-1s):

1) A SPAC II Acquisition Corp. (ASCB)

• $185M, 1/2 Warrant, 1 Right (1/10th of a share)

• Focus: Proptech, Fintech (ESG)

• UW: Maxim

---

If you find this newsletter useful, feel free to share it with a friend (the free version of the newsletter) and suggest they subscribe:

---

De-SPAC S-1s (including PIPE resale registrations*):

S-1:

• Sky Harbour (SKYH)

---

S-4 Activity:

S-4/A:

• Silver Crest Acquisition Corporation (SLCR) & Tim Hortons China (3rd amendment)

• Far Peak Acquisition Corporation (FPAC) & Bullish (4th amendment)

• Spring Valley Acquisition Corp. (SV) & NuScale Power (3rd amendment)

• TradeUP Global Corp (TUGC) & SAITECH Limited (6th amendment)

---

Upcoming Dates:

Upcoming Announced Shareholder Meetings, Unit Splits, Warrant Redemptions

See the full calendar here.

---

Notes:

New Data Points and Filters have been added to the Pro Screener as of 3/16. 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,

SPAC Track

spactrack.io

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. SPAC Track and its 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 SPAC Track website.