M&A Update – May 8

– HA / ALK certified substantial compliance with the Second Request
– ADTH / Cadent (Novacap) cleared HSR
– TCXT vote

SPAC Update – May 8

– ALCC stockholders approved Oklo deal, closing May 9
– MCAC stockholders approved deadline extension to Nov 13 2024, 229k shares redeemed, 7.0 million shares remain
– PTWO filed PRER14a for SBC Medical Group Holdings deal
– FRLA extended deadline to June 5 2024, added $100k to trust account
– NPAB adjourned extension vote to May 9
– BLAC redemption

M&A Update – May 7

– AGTI / Thomas H. Lee Partners deal closed
– ADTH go-shop expired, received $3.35 cash proposal, determined it would reasonably be expected to lead to a Superior Company Proposal, engaging in discussions with the third-party
– SELF / Etude Storage Partners announced unsolicited proposal at $6.15 cash per share, 47.5% premium
– VNDA / Future Pak increased unsolicited proposal to $7.25 to $7.75 cash per share + CVR
– ZFOX / Haveli Investments filed delisting notice, closing May 13

SPAC Update – May 7

– NPAB entered into a non-binding letter of intent for a potential business combination with a company in the consumer sector
– CHAA filed DEF14a to extend deadline to Aug 17 2024, vote May 15, NAV $11.49
– GPAC filed S-4/a for Stardust Power deal, NAV $11.31
– SWSS filed PRE14a to extend deadline to Aug 28 2024, vote May 27, NAV $10.62
– NFYS filed PRE14a to extend deadline to Dec 8 2024
– VMCA filed PRE14a to extend deadline to Mar 3 2025
– GLLI extended deadline to June 9 2024, added $60k to trust account
– SCRM deal vote
– ALCC deal vote
– GBBK extension vote
– NPAB extension vote
– BCSA redemption
– EVGR redemption

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