SPAC Update – June 24

– ADRT announced a business combination with Gresham Worldwide
– EVE signed a non-binding letter of intent for a business combination transaction with a deep sea mining company
– ALSA entered into a letter of intent (LOI) with XDATA GROUP OÜ
– HUDA filed DEF14a to extend deadline to Oct 18 2025, vote July 5, NAV $11.60
– AIBAF filed DEFM14a for PSI Group deal, vote July 15, NAV $11.53
– AFAR moved extension vote to July 10
– VCXB / Addimmune deal terminated
– BSIIU filed S-1 for $150 million IPO
– FLFV / AIEV deal closed
– RWOD / WENA deal closed
– FORL stockholders approved deadline extension to June 22 2025, 2.8 million shares redeemed, 2.7 million shares remain
– OCAX extended deadline to July 20 2024, add $90k to trust account
– AFAR filed DEF14a to extend deadline to July 18 2025, vote July 8, NAV $11.30
– BHAC filed PRE14a to extend deadline to Apy 7 2025
– COOL extension vote / redemption
– TGAA redemption
– THCP redemption