LOKB, STWO, LSAQ Announce SPAC Deals An unusually busy SPAC Friday with three deals and GAMC announcing full over-allotment exercised by underwriters. Will it be enough to change the narrative? Author: ** More on the deals here: Could 3 Positively Received Deals Change the Narrative? We've been saying that it will take multiple positive events for the SPAC mood and overall narrative to change. Is it possible that a triple of deals on Friday will all be positively received and start to turn the narrative? GAMC announcing that their full over-allotment was exercised could also boost the narrative a bit. That said, it will be a tough shift as yesterday the average pre-deal SPAC closed at $9.88, well off of NAV and almost 85% of SPACs with announced deals traded down.