The Morning Update
Mudrick Capital II sees another deal terminated in this edition of the Morning Update, the pre-market recap for SPAC Track Pro subscribers.
Good Morning,
Today we have another termination from Mudrick Capital II [$MUDS].
MUDS announced a merger with the jeweler, Blue Nile, in June at a $683M pro-forma enterprise value. Today, Signet Jewelers announced that it signed a definitive agreement to purchase Blue Nile for $360M in an all-cash deal.
MUDS previous merger, with Topps, was called off as Topps lost its 70-year old baseball card deal with the MLB to Fanatics.
Previous Session Stats
Gainers & Losers
Volume Leaders
The Deals
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SPAC Updates
Deal Updates
Termination: Mudrick Capital II [$MUDS] & Blue Nile (SF)
Extensions
Maquia Capital [$MAQC] has deposited $0.10 per public share to extend the deadline from Aug 7th to Nov 7th. This is the second of the two 3-month extensions available (PR)
Chardan NexTech 2 [$CNTQ] announced it is extending its deadline 1 month from Aug 13th to Sep 13th. This is the first of up to 3 one-month extensions (PR)
Digital World [$DWAC], has reported a tentative meeting date to extend its deadline from Sep 8th of this year to Sep 8th, 2023. Official date will be reported in the definitive proxy (SF)
IPOs
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Registrations
New S-1s
BCGF Acquisition Corp. (BCGF)
$87M, 1 Warrant
Focus: Biotech (excluding China)
Registration Withdrawals
Pomona Acquisition Ltd (PMAC)
Science Strategic Acquisition Corp. Bravo (SCIB)
Science Strategic Acquisition Corp. Charlie (SCIC)
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Key Filings
SPAC S-4 Activity
S-4:
Health Sciences Acquisitions Corporation 2 [$HSAQ] & Orchestra BioMed
S-4/A:
Cartesian Growth [$GLBL] & Tiedemann and Alvarium
*Latest S-4 filings are found in the “Deal Details” view under the column “S-4 Link”
De-SPAC/ Post-Merger S-1s
S-1:
ProKidney [$PROK]
Effective:
Senti Biosciences [$SNTI]
*including PIPE resale registrations where applicable — latest post-merger S-1 filings are found in the “De-SPAC" view under the column “Post-Close S-1”
Upcoming Dates:
Announced Shareholder Meetings, Unit Splits, Warrant Redemptions
See the full calendar with proxy links here.
SPAC Track Pro:
Please note that a list of all the data points available on the Pro Screener with download eligibility can be found here: spactrack.io/data-catalog
Thanks for reading,
The team at SPAC Track (spactrack.io)