The month of October marks a slowdown in SPAC merger deal votes, but the calendar does include several multibillion-dollar deals.
SPAC merger votes can act as a catalyst, as it completes the last step in the merger process and also changes the company over to a new name and ticker that can help build recognition.
Several former SPACs have also seen wide swings in share prices after being de-SPACed if they receive heavy redemption and have a low float for shares available.
Here is a look at the current October SPAC merger vote dates:
Oct. 4: LifeSci Acquisition II Corp (NASDAQ: LSAQ) and Science37: Life sciences company Science37 is merging in a deal valuing the company at over $1 billion in a move that will help it fund its trials and extend into new areas.
Oct. 5: Industrial Tech Acquisitions Inc (NASDAQ: ITAC) and Arbe Robotics: 4D imaging radar technology company Arbe Robotics expects fiscal 2021 revenue of $7.8 million and fiscal 2022 revenue of $13 million.
Oct. 5: ACON S2 Acquisition Corp (NASDAQ: STWO) and ESS Tech: Long-range battery company ESS Tech is valued at $1.1 billion in a SPAC merger. The company’s batteries are engineered to support renewables and stabilize the electrical grid.
Oct. 12: Live Oak Acquisition Corp II (NYSE: LOKB) and Navitas Semiconductor: With a proprietary semiconductor technology, Navitas says it can deliver three times faster charging in half the size and weight of ...
Related tickers: AAPL, LOKB, ICE, LEGO, T, KURI, TGT, BCYP, ITAC, GSAH, VIH, HZAC, TMTS, BOWX, STWO, LSAQ, MRAC, SGAM.
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