Precap from SPAC Track
The Precap newsletter: SPAC Track’s morning recap of the action in the SPAC world for premium subscribers. (April 22, 2022)
The Stats:
Pre-Market Movers
GGPI -1.9%, DWAC +5.8%, TUGC +2.8%, CFVI +1.6%
Previous Session Movers & Volume Leaders:
The Deals:
No new deals
News:
Helbiz earns its name with punishing 2021 earnings (TechCrunch)
Updates:
Gores Guggenheim, Inc. (GGPI) and Polestar amend merger agreement to extend the outside date from 5/27 to 6/24
FoxWayne Enterprises Acquisition Corp. (FOXW) extends its deadline from 4/22/22 to 7/22/22 by adding $0.025 per share to trust
New SPACs (S-1s):
1) Zi Toprun Acquisition Corp. (ZTOP)
$110M, 1 Warrant
Focus: Automotive: battery, charging businesses, autonomous, microchips / semiconductors
Registration Withdrawals
Navigation Capital Acquisition VI Corp.
Navigation Capital Acquisition VII Corp.
Navigation Capital Acquisition IX Corp.
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De-SPAC S-1s (including PIPE resale registrations*):
S-1:
Fast Radius (FSRD)
Swvl (SWVL)
S-1/A:
Core Scientific (CORZ)
Rigetti Computing (RGTI)
S-4 Activity:
S-4:
Agrico Acquisition Corp. (RICO) & Kalera
S-4/A:
Gores Guggenheim, Inc. (GGPI) and Polestar (5th amendment)
Lionheart Acquisition Corp. II (LCAP) & MSP Recovery (5th amendment)
CC Neuberger Principal Holdings II (PRPB) & Getty Images (2nd 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,