SPAC Update – April 21

– AACT/U $450 million IPO
– ATEK announced a business combination with Air Water Ventures
– BNIX entered an LOI with EVIE Autonomous Automotive
– FIAC announced 18.7 million shares (81.2%) to be redeemed
– FEXD stockholders approved deadline extension to Apr 21 2024
– YOTA stockholders approved deadline extension to Apr 22 2024, 7.4 million shares (64.3%) redeemed, 4.1 million shares remain
– SMAP stockholders approved deadline extension to Dec 20 2023, 9.9 million shares (86.1%) redeemed, 1.6 million shares remain
– GTAC stockholders approved deadline extension to Apr 25 2024 + two 3 month extensions, 17.9 million shares (89.5%) redeemed, 2.1 million shares remain
– CBRG filed DEF14a to extend deadline to Nov 15 2023, vote May 5, NAV $10.44
– NETC filed DEF14a to extend deadline 7 months, vote May 11, NAV $10.54, trust account will not be used to cover potential excise tax
– ROCL filed PRE14a to extend deadline to Dec 4 2023
– OCAX to extend deadline to May 20 2023, add $90k to trust account
– ACAQ to extend deadline to May 22 2023, add $113k to trust account
– VMCA filed PRE14a to extend deadline
– ROCG filed S-4/a for Tigo Energy deal
– CLIN filed PRER14a for Alternus Energy deal
– BYN extension vote
– GRCY redemption
– LVAC redemption