Two Big SPAC Deals (SRNG, AURC) After Monday's Mess Monday was a painful day for SPAC investors with 75% of pre-deal SPACs dropping farther and 3 deals actually dropping on the news. Will today's deals from SRNG and AURC turn the tide? Author: ** At the close yesterday the average pre-deal SPAC was at $9.87 -- even further from NAV than investors have seen in a long time. Even worse, the three morning deals all closed lower: - - LIV Capital (LIVK) -0.1% to $9.99 Today's two deal announcements are mega deals and could potentially turn the tide, but given the market's overall state and SPACs still being clogged, it will take a lot.