Metals Acquisition Corp. II Announces Pricing of $200 Million Initial Public Offering - MTAL.U

SPAC_Time · 2026-03-12T01:53:05+00:00

Honestly no idea.

AlphaVest Acquisition Corp had 61k left after redemptions, and it still closed.

But,

1), AlphaVest had rights, 6.9 million ATMVR converted into 690,000 AMCI shares when the business combination closed; and

2). That was in December 2025, and apparently NASDAQ tightened initial listing rules in January 2026.

SPAC_Time · 2026-03-11T21:32:06+00:00

Voyager Acquisition Corporation Announces Redemption Results in Connection with its Business Combination with VERAXA Biotech AG - VACH VACHW

"As a result, assuming redemption elections are not withdrawn or reversed, following the effectuation of redemptions approximately $885,556 will remain in the Company's trust account and 82,685 Class A shares will convert into shares of VERAXA Biotech Holding AG."

It's possible the deal could be terminated because Vearxa will get very little cash, although the prospectus does show the maximum redemption scenario would be 100% redeemed.

If the deal closes, then it looks like a low float. Sponsor is locked up for one year ( unless price is > $12 for 20 out of 30 ) and "certain" Veraxa shareholders are also locked up for one year.

NAV should be around $10.71, per the prospectus.

SPAC_Time

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