Precap from SPAC Track
The Precap newsletter: SPAC Track’s morning recap of the action in the SPAC world for premium subscribers. (April 26, 2022)
The Stats:
Pre-Market Movers
TUGC +6.9%, DWAC +3.3, SV +3.2%
Previous Session Movers & Volume Leaders:
The Deals:
1) Arogo Capital Acquisition Corp. (AOGO) & EON Reality (warrants +57% pre-market)
EON Reality is a leading company in Augmented and Virtual Reality-based experience creation for education and industry as well as the reputed creators of the Knowledge Metaverse. EON Reality’s over 20 years of existence and success are tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every person on the planet. To carry this out, EON Reality developed and launched EON-XR, a SaaS-based platform dedicated to the democratization of XR content creation that brings code-free XR development and publishing to smartphones, tablets, laptops, and any other XR-focused devices. EON-XR can be used in devices of different sizes, in different shapes and at different types of locations: from hand-held mobile devices, to head-mounted displays, to large-scale screens, and even at mega-size facilities. EON Reality’s global network now comprises of more than 1.1 million licenses who are collectively building the Knowledge Metaverse in more than 100 locations. EON Reality has also created the world’s leading XR library for education and industry with access to at least 2.16 million 3D assets and counting.
Valuation: $655M Pro-forma EV
PIPE: No PIPE
News:
Chinese Hydrogen Fuel Cell Energy Solution Provider Said to Mull $1 Billion U.S. SPAC Deal
New SPACs (S-1s):
No new S-1s
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De-SPAC S-1s (including PIPE resale registrations*):
No activity
S-4 Activity:
S-4:
Riverview Acquisition Corp. (RVAC) & Westrock Coffee Company
S-4/A:
Aurora Acquisition Corp. (AURC) & Better (5th amendment)
Lionheart Acquisition Corp. II (LCAP) & MSP Recovery (6th amendment)
SPK Acquisition Corp. (SPK) & Varian Biopharmaceuticals (1st amendment)
Upcoming Dates:
Upcoming Announced Shareholder Meetings, Unit Splits, Warrant Redemptions
See the full calendar here.
SPAC Track Pro Updates:
New Data Points, Filters, and a new table view have been added to the Pro Screener as of 4/14:
Votes / Actions View: A downloadable table view to quickly access upcoming vote details, trust per share details, disc/prem to trust, & other relevant data points
New Data Points: Disc/prem to trust (Votes/Action View) and Merger Partner Geography (Deal Details View)
New Filters: Warrant Coverage, Upcoming Vote (definitive merger or extension vote scheduled), Merger Partner Geography
**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,