The NGCA and ATHN agreements are approved as the SAVS progress slowly towards 2022


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It was again a sluggish day for PSPCs as the market was lightly traded, there was no deal announcement and only one IPO. Tomorrow we will be posting our December 2021 SPAC market review which will wrap up the full month and take a look into the future. In the meantime, here’s what happened today.

Shareholders of NextGen Acquisition Corp. II (NGCA) have approved their deal with Virgin Orbit today. It is expected to close before the end of the year and start trading as VORB. The buybacks were not explicitly given, but with “$ 228 million in gross proceeds, including $ 68 million in trust proceeds and $ 160 million from a fully committed PIPE”, that implies more than 80% of the repurchased shares.

Shareholders of Athena Technology Acquisition Corp. (ATHN) have approved their merger with Heliogen. The deal is expected to close on 12th 30th and start trading as HLGN on 12th. There was no mention of any buybacks in the short press release and we do not expect that, at least explicitly. in the next 8-k, given that it will likely be a high number.

Welsbach Technology Metals Acquisition Corp (WTMA) debuted, garnered little interest, and closed at $ 10.

Roman DBDR Tech Acquisition Corp (DBDR) changed its ticker to CMPO and started operating as CompoSecure today. We recently spoke to CMPO CEO Jon Wilk on the podcast.

PHAC Calendar

One more vote on the PSPC deal in 2021, and then we’ll slowly start picking up the pace again in 2022.

December 30 | $ 9.70 | CFV – CF Acquisition Corp. V -> Satellogic
Jan 04 | $ 9.96 | VPCC – VPC Impact Acquisition Holdings III, Inc. -> DAVE INC.
Jan 06 | $ 10.19 | PAIC – Petra Acquisition Inc -> Revelation Biosciences, Inc
Jan 11 | $ 9.97 | CPSR – Capstar Special Purpose Acquisition Corp. -> Gelesis Inc
January 12 | $ 9.97 | DCRN – Decarbonization Plus Acquisition Corporation II -> Tritium
January 14th | $ 9.98 | MCMJ – Merida Merger Corp. I -> Leafly Holdings, Inc.
January 14th | $ 9.96 | GMII – Gores Metropoulos II, Inc. -> Sonder Holdings Inc.
January 19 | $ 10.16 | VMAC – Vistas Media Acquisition Company Inc. -> Anghami
January 20 | $ 9.96 | TREB – Trebia Acquisition Corp -> System1

PSPC at reduced price

For those looking to get discounted SAVS because investors are avoiding the asset class in favor of cash until 2021 or reaping tax losses, here are some of the smaller SAVS at the close of the market today. ‘hui.

-3.90% @ $ 9.61 | JAQC – Jupiter Acquisition Corporation (Pre-agreement)
-3.80% @ $ 9.62 | CLBR – Colombier Acquisition Corp. (Pre-agreement)
-3.55% @ $ 9.65 | NFYS – Enphys Acquisition Corp. (Pre-agreement)
-3.50% @ $ 9.65 | SLVR – SILVERspac Inc (Pre-agreement)
-3.40% @ $ 9.66 | HCVI – Hennessy Capital Investment Corp. VI (Pre-agreement)
-3.40% @ $ 9.66 | MTAL – Metal Acquisition Company (Pre-agreement)
-3.40% @ $ 9.66 | PEGR – Project Energy Reimagined Acquisition Corp. (Pre-agreement)
-3.40% @ $ 9.66 | CDAQ – Compass Digital Acquisition Corp. (Pre-agreement)
-3.40% @ $ 9.66 | AFTR – AfterNext HealthTech Acquisition Corp. (Pre-agreement)
-3.40% @ $ 9.66 | GFOR – Graf Acquisition Corp. IV (Pre-agreement)
-3.30% @ $ 9.67 | TRTL – TortueEcofin Acquisition Corp. III (Pre-agreement)
-3.30% @ $ 9.67 | BSAQ – Black Spade Acquisition Co (Pre-agreement)
-3.20% @ $ 9.68 | GAMC – Golden Arrow Fusion Corp. (Pre-agreement)
-3.20% @ $ 9.68 | TWLV – Twelve Seas Investment Company II (Pre-agreement)
-3.20% @ $ 9.68 | MITA – Coliseum Acquisition Corp. (Pre-agreement)
-3.20% @ $ 9.68 | BACA – Berenson Acquisition Corp. I (Pre-agreement)
-3.20% @ $ 9.68 | XPAX – XPAC Acquisition Corp (Pre-agreement)
-3.20% @ $ 9.68 | NRAC – Noble Rock Acquisition Corporation (Pre-agreement)
-3.20% @ $ 9.68 | GLHA – Glass Houses Acquisition Corp. (Pre-agreement)
-3.20% @ $ 9.68 | LITT – Logistics Innovation Technologies Corp. (Pre-agreement)
-3.11% @ $ 9.69 | PSAG – Property Solutions Acquisition Corp. II (Pre-agreement)
-3.10% @ $ 9.69 | HWEL – Healthwell Acquisition Corp. I (Pre-agreement)
-3.10% @ $ 9.69 | VELO – Velocity Acquisition Corp (Pre-agreement)
-3.10% @ $ 9.69 | GPAC – Global Partner Acquisition Corp II (Pre-agreement)
-3.10% @ $ 9.69 | IBER – Ibere ​​Pharmaceuticals (Pre-agreement)
-3.10% @ $ 9.69 | EBAC – European Biotech Acquisition Corp. (Pre-agreement)
-3.10% @ $ 9.69 | SPTK – SportsTek Acquisition Corp. (Pre-agreement)
-3.10% @ $ 9.69 | CORS – Corsair Partnering Corporation (Pre-agreement)
-3.10% @ $ 9.69 | FSNB – Fusion Acquisition Corp. II (Pre-agreement)
-3.10% @ $ 9.69 | TETC – Technological and energy transition company (Pre-agreement)
-3.10% @ $ 9.69 | FRW – PWP Forward Acquisition Corp. I (Pre-agreement)
-3.10% @ $ 9.69 | KIII – Kismet Acquisition Three Corp. (Pre-agreement)
-3.10% @ $ 9.69 | IPAX – Inflection Point Acquisition Corp. (Pre-agreement)
-3.10% @ $ 9.69 | ARYE – ARYA Sciences Acquisition Corp V (Pre-agreement)
-3.10% @ $ 9.69 | AMCI – AMCI Acquisition Corp. II (Pre-agreement)
-3.10% @ $ 9.69 | ALPA – ALPHA SANTÉ III ACQUISITION CORP (Pre-agreement)
-3.00% @ $ 9.70 | BWC – Blue Whale Acquisition Corp I (Pre-agreement)
-3.00% @ $ 9.70 | NSTB – Northern Star Investment Corp. II (Pre-agreement)
-3.00% @ $ 9.70 | FRON – Frontier Acquisition Corp. (Pre-agreement)
-3.00% @ $ 9.70 | LHAA – Lerer Hippeau Acquisition Corp (Pre-agreement)
-3.00% @ $ 9.70 | ZT – Zimmer Energy Transition Acquisition Corp. (Pre-agreement)
-3.00% @ $ 9.70 | FICV – Frontier Investment Corp (Pre-agreement)
-3.00% @ $ 9.70 | APTM – Alpha Partners Technology Fusion Corp. (Pre-agreement)
-3.00% @ $ 9.70 | MSAC – Medicus Sciences Acquisition Corp. (Pre-agreement)
-3.00% @ $ 9.70 | CLAA – Colonnade Acquisition Corp. II (Pre-agreement)
-3.00% @ $ 9.70 | FZT – FAST Acquisition Corp. II (Pre-agreement)
-3.00% @ $ 9.70 | MACA – Moringa Acquisition Corp (Pre-agreement)
-3.00% @ $ 9.70 | ACRO – Acropolis Infrastructure Acquisition Corp. (Pre-agreement)
-3.00% @ $ 9.70 | IPVA – InterPrivate II Acquisition Corp. (Pre-agreement)
-3.00% @ $ 9.70 | PFDR – Pathfinder Acquisition Corporation (Pre-agreement)

Today’s SPAC movers

The biggest winners
10.47% ~ $ 12.98 | MEKA – MELI Kaszek Pioneer Corp (Pre-Deal)
2.81% ~ $ 10.17 | ARTE – Artemis Strategic Investment Corporation (Pre-Deal)
2.35% ~ $ 9.57 | NGCA – NextGen Acquisition Corp. II (Announced)
1.21% ~ $ 10.03 | SVFA – SVF Investment Corp. (Pre-Deal)
.92% ~ $ 9.85 | CCIV – Churchill Capital Corp VI (Pre-Deal)
0.90% ~ $ 10.13 | ADAL – Anthemis Digital Acquisitions I Corp (Pre-Deal)
0.85% ~ $ 10.05 | JUMP – Ribbit LEAP Ltd (Pre-Deal)
0.82% ~ $ 9.80 | IACC – ION Acquisition Corp 3 Ltd. (Pre-agreement)
0.82% ~ $ 9.80 | DISA – Disruptive Acquisition Corp I (Pre-Deal)
0.81% ~ $ 9.94 | PRPB – CC NEUBERGER PR (Announced)
0.81% ~ $ 9.94 | LION – Lionheart III CORP (Pre-chord)
0.72% ~ $ 9.81 | GHAC – Gaming & Hospitality Acquisition Corp. (Pre-agreement)
0.71% ~ $ 9.89 | GTPA – Gores Technology Partners, Inc (Pre-agreement)
0.71% ~ $ 9.97 | NOVV – Nova Vision Acquisition Corp (Pre-Deal)
0.62% ~ $ 9.76 | CRZN – Corazon Capital V838 Monoceros Corp (Pre-Deal)
0.62% ~ $ 9.80 | BHAC – Crixus BH3 Acquisition Corp. (Pre-Deal)
0.62% ~ $ 9.81 | ARBG – Aequi Acquisition Corp (Pre-Deal)
0.61% ~ $ 9.90 | AEAE – AltEnergy Acquisition Corp (Pre-Deal)
0.57% ~ $ 9.78 | DALS – DA32 Life Science Tech Acquisition Corp. (Pre-agreement)
0.51% ~ $ 9.76 | HWKZ – Hawks Acquisition Corp (Pre-Deal)

The biggest losers
-4.25% ~ $ 10.15 | ATSPT – Archimedes Tech SPAC Partners Co (Announced)
-3.93% ~ $ 9.77 | GTAC – Global Technology Acquisition Corp. I (Pre-Deal)
-3.82% ~ $ 9.81 | LIBYA – Liberty Resources Acquisition Corp. (Pre-agreement)
-3.73% ~ $ 9.80 | GLLI – Globalink Investment Inc. (Before the transaction)
-3.63% ~ $ 10.63 | XPDI – Power & Digital Infrastructure Acquisition Corp. (Announcement)
-3.37% ~ $ 9.17 | ATHN – Athena Technology Acquisition Corp. (Announcement)
-3.33% ~ $ 9.86 | JUNE – Juniper II Corp. (Pre-agreement)
-3.16% ~ $ 9.82 | RRAC – Rigel Resource Acquisition Corp. (Pre-agreement)
-2.86% ~ $ 9.84 | CNDB – Concord Acquisition Corp III (Pre-Deal)
-2.79% ~ $ 9.75 | MBSC – M3-Brigade Acquisition III Corp. (Pre-Deal)
-2.77% ~ $ 9.82 | TRAQ – Trine II Acquisition Corp (Pre-Deal)
-2.75% ~ $ 9.89 | VSAC – VISION SENSING ACQUISITION CORP. (Pre-agreement)
-2.72% ~ $ 9.66 | PEGR – Project Energy Reimagined Acquisition Corp. (Pre-Deal)
-2.58% ~ $ 9.82 | FIAC – Focus Impact Acquisition Corp. (Pre-Deal)
-2.28% ~ $ 9.87 | IQMD – Intelligent Medicine Acquisition Corp. (Pre-agreement)
-2.20% ~ $ 9.80 | SVNA – 7 Acquisition Corp (Pre-Deal)
-2.07% ~ $ 9.92 | FRLA – Fortune Rise Acquisition Corp (Pre-Deal)
-1.89% ~ $ 9.86 | LGTO – LEGATO MERGER CORP. II (Pre-agreement)
-1.86% ~ $ 11.06 | CFVI – CF Acquisition Corp. VI (Announced)
-1.78% ~ $ 9.92 | PCCT – Perception Capital Corp. II (Pre-Deal)

More from Boardroom Alpha

For ongoing monitoring, analysis and data on PSPC payment Boardroom Alpha PSPC Data and Analytics Service.

PSPC Monthly Market Review

Movements of the executive (All the problems)

The Know Who Drives Return podcast (all episodes)

(Caveats: This is not investment advice. The author can go on and on about one or more of the actions mentioned in this report.)

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