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Turmoil In SPAC Mergers

Turmoil In SPAC Mergers
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Blue Water Acquisition Corp Announces Date for Special Meeting of Stockholders to Vote on Transaction With Clarus Therapeutics, Inc

Blue Water Acquisition Corp Announces Date for Special Meeting of Stockholders to Vote on Transaction With Clarus Therapeutics, Inc
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Two Big SPAC Deals (SRNG, AURC) After Monday s Mess

Two Big SPAC Deals (SRNG, AURC) After Monday s Mess Monday was a painful day for SPAC investors with 75% of pre-deal SPACs dropping farther and 3 deals actually dropping on the news. Will today s deals from SRNG and AURC turn the tide? Author: At the close yesterday the average pre-deal SPAC was at $9.87 even further from NAV than investors have seen in a long time. Even worse, the three morning deals all closed lower: - - LIV Capital (LIVK) -0.1% to $9.99 Today s two deal announcements are mega deals and could potentially turn the tide, but given the market s overall state and SPACs still being clogged, it will take a lot.

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