Precap from SPAC Track
The Precap newsletter: SPAC Track’s morning recap of the action in the SPAC world for premium subscribers. (March 7, 2022)
The Stats:
Pre-Market Movers:
CFVI -2.59%, DWAC -1.7%, ESSC -1.3%, PTOC -1.2%
Friday’s Movers and Volume Leaders:
Volume Leaders:
DWAC 3.4M, GGPI 2.8M, IPOF 1.4M, CRHC 1.2M, CFVI 1.2M, SPAQ 1.1M, MOTV 0.9M, BTNB 0.8M, VMCA-U 0.7M, DGNU 0.7M, RCLF 0.6M
The Deals:
No new deals today.
Updates:
FoxWayne Enterprises Acquisition Corp. (FOXW) and Aerami Therapeutics mutually agree to terminate merger due to “current unfavorable market conditions”
Pine Technology Acquisition Corp. (PTOC) and Tomorrow.io Agree to Terminate Merger Agreement due to market conditions
Tomorrow.io will pay a breakup fee of $1.5M noted in more detail here
Bridgetown 2 Holdings Limited (BTNB) Announces it expects the Business Combination with PropertyGuru will close on or around 3/17 with the merged company beginning to trade on 3/18
New SPACs (S-1s):
No new S-1s
Registration Withdrawals
Capitol Investment Corp. VI
Capitol Investment Corp. VII
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De-SPAC S-1s (including PIPE resale registrations*):
No activity
S-4 Activity:
S-4/A filings:
Queen’s Gambit Growth Capital (GMBT) & Swvl (5th amendment)
Artisan Acquisition Corp. (ARTA) & Prenetics (7th amendment)
Gores Guggenheim, Inc. (GGPI) & Polestar (3rd amendment)
Upcoming Dates:
Upcoming Announced Shareholder Meetings, Unit Splits, Warrant Redemptions
See the full calendar here.
Notes:
All the Pro data points on the Pro Screener along with which table “view” and export eligibility can be found here: spactrack.io/screener-instructions
Thanks for reading,