The Nightcap from SPAC Track

The Nightcap newsletter: SPAC Track’s nightly recap of the action in the SPAC world. (November 12, 2021)

Discover and track all of the SPACs at spactrack.net.

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The Stats:

SPAC Track @SPACtrack

#SPAC Volume Leaders (11/12) $GGPI 40.8M (+15.8%) $IRRX-U 14.2M (New IPO) $DWAC 9.8M $AGC 8.1M $ASZ 5.7M $AUS 4.8M (Deal with Wynn Interactive terminated, -1.3%) $SEAH 3.7M $KAHC 3.6M $DCRC 3.2M $DCRN 2.6M

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The Deals:

None today.

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Merger Votes/ Completions:

• DFP Healthcare Acquisitions Corp (DFPH) shareholders approve the merger with The Oncology Institute

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Tracking De-SPAC S-1s (including PIPE resale registrations):

Effectiveness notices posted today for S-1s:

• Enjoy Technology (ENJY: $7.92 -4.00%)

• ESS Inc. (GWH: $15.15 +0.87%)

S-1 filings:

• Bakkt (BKKT: $24.27 -7.19%)

424B3 filings (S-1 likely to go effective Monday):

• Aurora (AUR: $10.00 +0.00%)

• Wallbox (WBX: $16.57 -2.41%)

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Quick News:

• Austerlitz Acquisition Corporation I (AUS) & Wynn Resorts mutually agree to terminate the Wynn Interactive merger agreement

in light of elevated marketing and promotional spend in the sports betting industry, we are pivoting our user acquisition efforts to a more targeted ROI-focused strategy. In so doing, we expect the capital intensity of the business to decline meaningfully beginning in the first quarter of 2022.

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New S-1s (4):

1) Crypto 1 Acquisition Corp (DAOO)

• $200M, 3/4 Warrant

• Focus: Digital assets, cryptocurrency, DeFi (Non-China or Hong Kong)

2) EVe Mobility Acquisition Corp (EVE)

• $200M, 1/2 Warrant

• Focus: Mobility-related ecosystem

3) Flag Ship Acquisition Corp (FSHP)

• $100M, 1 Warrant, 1 Right (1/10th of a share)

• Focus: Asia

4) PROOF Acquisition Corp I (PACI)

• $200M, 1/2 Warrant

• Focus: Enterprise software, health care, financial technology and consumer

• Directors:

  Coleman Andrews (Co-Founding Partner of Bain Capital)

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Upcoming Dates:

Next Week’s Announced Shareholder Meetings, Unit Splits, Warrant Redemptions, Earnings, and Expected Ticker Changes

See the full calendar here.

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Thanks for reading,

SPAC Track

spactrack.net

Note: Share prices only included if 5%+ moves and for all De-SPAC PIPE entries

DISCLAIMER: The information provided in this newsletter is for your convenience only and is not intended to be treated as financial, investment, tax, or other advice.