SPAC Update – January 25

– JCIC / BAER deal closed, 34.2 million shares (99.3%) redeemed, 254k shares remain, NAV $10.16
– VHAQ adjourned deal vote to Feb 3, 1.8 million shares (97.5%) redeemed, 46k shares remain
– NAAC cancelled vote, to liquidate Jan 26, NAV $10.13
– NRAC transferred control of its sponsor to Meteora Special Opportunity Fund, GenGlobal Noble and Singh Capital Partners, board and management resigned
– DCRC stockholders approved Hammerhead Resources deal
– ADOC filed DEF14a to extend deadline to Aug 12 2023, vote Feb 9, NAV $10.70
– AAC filed S-4 for X-energy deal, no meeting date set
– USCT announced 17.7 million shares (77.0%) tendered for redemption, 5.3 million shares remain
– SCOB to liquidate Feb 13
– BLUA identified a potential business combination target company in the medical technology sector, NAV $10.15
– IFIN filed DEF14a to extend deadline to Aug 23 2023, vote Feb 14, NAV $10.45
– FOXW to liquidate Jan 27, NAV $10.175
– VSSAU pulled S-1
– GGAA filed PRE14a to extend deadline to Sept 13 2023
– FTAA filed PRER14a to extend deadline to Aug 25 2023
– IPAX filed 424b3 for Intuitive Machines deal, vote Feb 8
– TETE stockholders approved deadline extension to July 20 2023, 8.4 million shares (72.8%) redeemed, 3.1 million shares remain
– USCT extension vote adjourned to Jan 27
– GIAC deal vote
– DHHC extension vote
– THAC liquidation
– ATMV split
– PONO redemption
– TOAC redemption
– BCSA redemption
– NRAC redemption