SPAC Update – July 22

– APXT announced a business combination with TECfusions
– KCAC announced a business combination with Nth Cycle
– FACT / Precision Aerospace & Defense Group deal terminated
– MBAV stockholders approved deadline extension to Aug 2 2027 and name change to Velos Acquisition I, 12.5 million shares redeemed, 16.3 million shares remain, NAV $10.88
– WTG filed S-4/a for KIKA Technology deal
– RFAI filed PRE14a to extend deadline