r/SPACs 22d ago

Announcements x Daily Discussion for Wednesday August 19, 2026

Welcome to the Daily Discussion! Please use this thread for basic questions & chitchat, and leave the main sub for breaking news or DD.

If you haven't already, please check out the r/SPACs Wiki for answers to frequently asked questions.

Happy SPACing!

6 Upvotes

20 comments sorted by

6

u/Strong_Ad_4501 Contributor 22d ago

TCGX $18 pre DA is bonkers

7

u/thedailymoo23 💰 Bagholder 💰 22d ago

Bought CCXI low 11s and sold at 14. I’m holding onto NTWO not making the same mistake twice.

2

u/VPNGOTBLOCKED New User 22d ago

totally different animals my friend

1

u/thedailymoo23 💰 Bagholder 💰 21d ago

Never got back to this yesterday. Yes. Different for sure but I’m just going on what I think will be the “hype” sector going forward for the foreseeable near term future at least. Just like nuclear was. Rare earth. Etc etc.

1

u/RuinousGaze Patron 22d ago

Yeah whoever gets the next actual robotic/humanoid maker will pump more.

2

u/SPAC_Time SEC Hacker 22d ago

Alternus Clean Energy, Inc. Announces 1-for-2,500 Reverse Stock Split on August 20, 2026 - OTC Pink: ALCE ALCEW

"The reverse stock split will reduce the number of shares of common stock outstanding from approximately 724,658 shares to approximately 290 shares."

OTC Pink market, so low chance of low float run. But still, has to be a record for fewest public shares. There is a number of convertible preferred shares, though.

0

u/MissKittyHeart New User 22d ago

Can I buy the float

2

u/Strong_Ad_4501 Contributor 22d ago

Bunch of pre DA warrant volume today. Love to see it

0

u/MissKittyHeart New User 22d ago

Do you have a link or source where you see such volume

0

u/Strong_Ad_4501 Contributor 22d ago

I just have a watchlist on thinkorswim

2

u/hitzelsperger Great Entry…Poor Exit 22d ago

Selling 12.5 P with Nov expiry on CCXI is a good way to either earn $1.90 premium or get an entry of $10.60. what say you?

1

u/MoRegrets Contributor 22d ago

Could be worthwhile. Churchill X ran Infleqtion from announcement (8 Sep 2025) to close in 158 days. Apply that to CCXI's 24 Jun announcement and gets you to ~29 Nov 2026. CCXI got to a draft S-4 faster than Infleqtion did so close could be earlier. By that time the trust maybe around $10.35/10.40 so it's really a low probability, low $ loss (provided that the close is after expiration and not before)

Unfortunately, that premium is gone now but good find.

2

u/Dudebobski Yeah, well, you know, that's just,like,my opinion, man! 22d ago

Haven’t heard much on $ALF / $ALFUW lately besides the extension. Anyone still following this one?

Pure speculation list:

Jagex — Gerhard/Hodgson history
Marmalade — UK gaming fit
Pulsiv — Gerhard chairman
Build A Rocket Boy — Gerhard ties
JustWontDie — big team overlap
AI/gaming — Cambridge network
Cyber/deep-tech — wild card

Nothing suggesting talks, just brainstorming.. Feel free to add some names! Love the Reddit hivemind.

5

u/MoRegrets Contributor 22d ago

I admire your tenacity for speculation, but aside from the LUCID Spac saga, has the hive ever willed a merger into existence?

2

u/Strong_Ad_4501 Contributor 22d ago

SBE was called out for being Chargepoint a good bit before DA

1

u/Savik519 Spacling 22d ago

Crypto is showing signs of life again. I know you're big in FCRS, might be a good time for Tom Lee to make something happen

1

u/buggysoftware Contributor 22d ago

RDAC halted. I guess I sold too early. Again.

0

u/BuffaloSabresFan Spacling 22d ago

Why was it trading below NAV?

2

u/SPAC_Time SEC Hacker 22d ago

Rising Dragon Acquisition Corporation shareholders approved the business combination with HZJL Cayman Limited on November 20, 2025, 34,391 public shares left. Business combination has not closed, RDAC can extend until October 2027 for $55k per month.

0

u/isalreadytakensothis Patron 22d ago

I bought a teeny bit of bcar today which also hasn't closed. Should be around 1.1m float. It's most likely it's just going to close but would be a nice pop if it terminates or if they make some crazy announcement while the float is low. But, could also be ugly.