SPAC Update – December 23

– ACBA business combination with LE Worldwide
– LIBY business combination with Caspi Oil Gas LLP
– RONI filed S-4 for NET Power deal
– HHLA filed PRE14a to extend deadline to May 9 2023
– PICC non-redemption agreement for 200k shares, in exchange investor received 50k sponsor shares
– NSTB non-redemption agreement for 200k shares, in exchange investor received 50k sponsor shares
– GDNR stockholders approved deadline extension to Mar 27 2023, 6.7 million shares (77.6%) redeemed, 1.9 million shares remain, NAV $10.19
– TBCP stockholders approved deadline extension to Aug 10 2023, 40.3 million shares (97.3%) redeemed, 1.1 million shares remain, NAV $10.10
– AVHI stockholders approved deadline extension to July 19 2023, 9.0 million shares (89.8%) redeemed, 1.0 million shares remain, NAV $10.22
– RCLF stockholders approved deadline extension to Feb 17 2023, 24.8 million shares (98.0%) redeemed, 459k shares remain
– NSTB extension vote adjourned to Dec 28
– PICC extension vote adjourned to Dec 28
– BIOT sponsor sold SPAC founder shares, Laxmi Prasad Palaypu to be CEO, replaced board with 5 new directors
– AACI filed PRE14a to extend deadline to Aug 17 2023
– FPAC / Bullish deal terminated
– NHIC stockholders approved deadline extension to June 25 2023
– RAM extended deadline to Jan 21 2023 for $80k into trust
– EVOJ extension vote
– DMAQ extension vote
– ADEX extension vote
– VCXB redemption
– PPHP redemption