SPAC Update – March 6

– EFHT announced a business combination with E.C.D. Auto Design
– KRNL announced a business combination with AIRO
– VPCB to liquidate Mar 21, NAV $10.21
– LOKM to liquidate Mar 20, delist Mar 7
– TWLV stockholders approved deadline extension to Dec 2 2023, 31.3 million shares (90.7%) redeemed, 3.2 million shares remain, NAV $10.17
– GMFI filed PRER14a to extend deadline to Apr 3 2024, vote Mar 23, NAV $10.36
– GSD to extend deadline to Apr 9 2023, add $0.0625 to trust account
– ENTF filed PRE14a to extend deadline to Oct 21 2023
– GIA filed PRE14a to extend deadline to Sept 28 2023, trust account will not be used to cover potential excise tax
– TWOA filed PRER14a to extend deadline to Dec 29 2023, NAV $10.13
– FZT stockholders approved deadline extension to June 18 2023 + 4 months, 15.1 million shares (67.9%) redeemed, 7.1 million shares remain
– RAM filed PRE14a to extend deadline to June 21 2023 + 11 months
– ROC extended deadline to June 6 2023, added $2.1 million to trust account
– APXI extended deadline to June 9 2023, added $750k to trust account
– OXUS stockholders approved deadline extension to Deb 8 2023, 15.3 million shares (88.7%) redeemed, 1.9 million shares remain, NAV $10.41
– RFAC filed PRER14a, trust account will not be used to cover potential excise tax
– DMYS tender offer extended to Mar 31, NAV $10.23
– INAQ extension vote
– TRCA extension vote
– SPKB extension vote adjourned to Mar 10
– GLLI extension vote
– ATAQ extension vote
– BNIX redemption
– PIAI redemption
– VAQC redemption