The Nightcap

Nightly recap of the day's SPAC highlights (April 12th, 2021)

April 12th, 2021

Good evening,

Thanks for reading “The Nightcap”, a nightly recap of all the day’s highlights in the SPAC world. In this newsletter, you will find a breakdown of the day’s deals, IPO’s, “in talks” reports, and noteworthy new SPAC S-1 filings.

Of course, you can always discover and track all of the SPACs at spactrack.net.

The Stats:

SPAC Track @SPACtrack

#SPAC Volume Leaders (4/12) $MUDS 17.6M (+15.1%) $CCIV 10.5M $SRNG-U 5.1M $RICE 4.6M $SPFR 2.9M $TBA 2.7M $GXGX 2.7M $STPK 2.5M $PSAC 2.4M (-12.8%) $IPOE 2.3M

The Deals:

None today.

Deal News Reports:

1) Valens, an Israeli automotive chip company, is said to be in advanced talks to merge with an unnamed SPAC at a $1B to $1.2B valuation, according to Calcalist.

2) Autotalks, an Israeli connected vehicles technology company, is said to be in advanced talks to merge with an unnamed SPAC at a $1.5B to $2B valuation, according to Globes.

S-1 Filings:

1) Lakeshore Acquisition I Corp. (LAAA)

• $50M, 3/4 warrant

Upcoming Dates:

This Week’s Shareholder Meetings and Unit Splits (common shares and warrants to commence trading separately from underlying units)

Wednesday, April 14th

• SC Health Corp (SCPE) Shareholder Meeting to Extend Deadline for Business Combination

• Tuscan Holdings Corp II (THCA) Shareholder Meeting to Extend Deadline for Business Combination

Friday, April 16th

• dMY Technology Group, Inc. II (DMYD) Shareholder Meeting to Approve Business Combination with Genius Sports Group

• Union Acquisition Corp II (LATN) Shareholder Meeting to Extend Deadline for Business Combination

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Thanks for reading,

SPAC Track

spactrack.net