SPAC Update – April 19

– ESAC announced a business combination with Sunergy
– ACAB stockholders approved deadline extension to Oct 19 2023 + 2 months, 26.6 million shares (88.5%) redeemed, 3.4 million shares remain, NAV $10.40
– BMAC stockholders approved deadline extension to June 18 2023 + 6 months, 22.7 million shares (82.1%) redeemed, 4.9 million shares remain, NAV $10.40, added $320k to trust account
– LATG stockholders approved deadline extension to Nov 27 2023, 7.4 million shares (56.9%) redeemed, 5.6 million shares remain, NAV $10.469
– CLIN / Alternus Energy equity value reduced from $550 million to $275 million
– PPYA stockholders approved deadline extension to Oct 19 2023
– AVHI extended deadline to May 19 2023, added $51k to trust account
– MBSC extended deadline to July 26 2023, added $1.7 million to trust account
– NPAB filed DEF14a to extend deadline to May 9 2024, vote May 5, NAV $10.437
– FMIV extended deadline to May 22 2023, added $175k to trust account
– SHAP filed S-4/a for zTrip deal
– MTAl filed F-4/a for CSA Copper Mine deal
– LGVC filed PRER14a to extend deadline to Nov 16 2023 + 6 months
– BRD filed PRE14a to extend deadline
– LVAC confirmed will not use trust account to cover potential excise tax
– HCMA extension vote
– DUET extension vote
– PGSS extension vote
– YOTA extension vote
– BYN redemption