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Stock impact report

ICR, the Leading SPAC Communications and Advisory Firm, Publishes its SPAC Market Update & Outlook [Yahoo! Finance]

Melar Acquisition Corp. I - Unit (MACIU) 
Company Research Source: Yahoo! Finance
The purchase of existing sponsor economics by serial sponsors also shows confidence from veteran SPAC teams in sourcing public-ready targets and closing deals NEW YORK, July 01, 2024 BUSINESS WIRE ICR , a leading strategic communications and advisory firm, today released its July SPAC Market Update & Outlook report. The SPAC IPO market raised $1.8 billion through 10 IPOs during the second quarter of 2024, more proceeds than any quarter over the last two years. Serial sponsors were the principal force in the market pricing 8 of the 10 SPAC IPOs. These serial sponsors elected to raise larger trusts; the average Q2 SPAC IPO increased to $181 million, a 59% jump from last quarter. Q2 2024 SPAC IPOs Industry Share Symbol Gross Proceeds ($mm) IPO Date Graf Global Corp. General/Broad GRAF Jun 26, 2024 Melar Acquisition Corp. I Technology MACI Jun 18, 2024 Lionheart Holdings General/Broad CUB Jun 18, 2024 Flag Ship Acquisition Corporation General/Bro Show less Read more
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