New Data Added Detailing “Corporate Actions”
by Kristi Marvin on 2023-06-06 at 5:59pm

Tracking SPACs and all of their various types of “corporate actions” can be challenging. After all, a SPAC can postpone, adjourn, extend, complete, liquidate early, do a tender offer, and in some cases, one SPAC do all of those actions within its lifespan.  Naturally, this can be challenging to manage. More importantly, it can very difficult to organize in tables in a way that makes sense and is easy to understand.

In an effort to make that data is easier to follow, we took a step back and redesigned our tables in an entirely new set of pre-sets we’re calling Corporate Actions.

You can find these presets in the top navigation bar next to the Custom Tables.  You’ll see a main “All Actions” tab, which summarizes all types of corporate actions a SPAC can execute, as well as additional presets that drill down on specific “action types”.

corporate actions 1

 

By way of example, let’s take a look at Digital World Acquisition Corp. You’ll notice multiple entries due to adjournments at their last extension vote.

 

Corporate Actions 3

Let’s try and filter this for just the extension votes. As you can see below, we would first want to go to the “Action Type” filter to select for extension votes.

 

Corporate Actions 5

Now, we can see that there were four adjournments, with corresponding dates, as well as the “approved” extension vote.

 

Corporate Actions 6

These new presets should be helpful in better understanding the various “actions” each SPAC takes chronologically throughout its timeline. And we encourage subscribers to explore the sub-presets as well since we have found those helpful.

And, as always, we suggest you regularly check our Release Notes to see what we’ve added to the database by clicking on the drop down under your name in the upper right hand corner of the screen. You’ll see the new datasets and improvements we’ve added to the site organized by month so you can keep up with all of the developments.

We hope you find this useful. And feedback is always welcome and encouraged.

Recent Posts
by Marlena Haddad on 2023-11-27 at 1:21pm

Dune Acquisition Corporation (NASDAQ:DUNE) announced in an 8-K today that it has once again modified its agreement with sustainable energy firm Global Hydrogen. This amendment marks a reduction in Global Hydrogen’s equity value from $48 million to $43 million, alongside an increase in the available shares of common stock that is for the Global Gas Corporation...

by Nicholas Alan Clayton on 2023-11-27 at 7:43am

At the SPAC of Dawn After mixed signals for the consumer sector earlier this month, initial Black Friday sales numbers have shown that Americans were not too stuffed for a shopping spree this year. Shoppers bagged between $9.8 billion and $10 billion in goods online, depending on one’s preferred source, either of which would be...

by Kristi Marvin on 2023-11-25 at 11:45am

Terms Tracker for the Week Ending November 24, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This being the Thanksgiving holiday week, we are thankful for a lot of things, but mostly that 2023 is almost over. It’s been a rough...

by Nicholas Alan Clayton on 2023-11-24 at 7:35am

At the SPAC of Dawn Though perhaps stuffed to the brim, SPAC activity continues this Thanksgiving Friday with votes by Clean Earth and Zalatoris to extend a deadline and amend trust contributions, respectively. At least seven de-SPACs are also reporting earnings today and will do so going into a futures market that is mostly green...

by Marlena Haddad on 2023-11-22 at 9:45am

IB Acquisition Corp. submitted its S-1 filing Friday afternoon for a $100 million IPO, coming right on the heels of Bayview Acquisition Corp, which also filed its S-1 that day. IB is also similar to Bayview in that its units do not feature a warrant but include 1 right for 1/10. However, its trust is slightly...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved