SPAC Update – April 11

– RCLF announced a business combination with Spectral MD Holdings
– PANA to liquidate Apr 21, NAV $10.25
– FWAC filed S-4/a for Mobile Infrastructure Corp deal
– DKDCA filed S-4/a for OneMedNet deal
– LCW extended deadline to May 13 2023, added $115k to trust account
– SAMA stockholders approved deadline extension to Oct 13 2023, 11.6 million shares (70.2%) redeemed, 4.9 million shares remain, NAV $10.30
– ALTU stockholders approved deadline extension to Dec 11 2023, 337k shares (20.2%) redeemed, 1.3 million shares remain, NAV $10.08
– PACI filed PRE14a to extend deadline to Sept 3 2023 + 3 months, will not use trust account to cover potential excise tax
– GFOR filed PRE14a to extend deadline to Sept 29 2023, vote in May, trust account will not be used to cover potential excise tax
– LVAC filed DEF14a to extend deadline to Dec 29 2023, vote Apr 25, NAV $10.41
– TGVC filed DEF14a to extend deadline to Nov 5 2023, vote Apr 27, NAV $10.37
– VSAC filed DEF14a to extend deadline to Nov 3 2023, vote Apr 27, NAV $10.45
– NETC filed PRE14a to extend deadline 7 months
– CITE CEO resigned
– BSGA extension vote
– XFIN redemption
– LATG redemption