SPAC Update – May 4
– COOL announced a business combination with Noventiq
– VMGA cancelled extension vote, to liquidate May 15, NAV $10.40
– TGR to liquidate May 9, NAV $10.56
– EVOJ to liquidate May 8, NAV $10.12
– JUN stockholders approved deadline extension to Nov 8 2023 + 3 months, 25.1 million shares (84.0%) redeemed, 4.8 million shares remain
– NPAB announced 19.7 million shares (78.9%) redeemed
– ACAX announced 6.6 million shares (76.5%) redeemed, 2.0 million shares remain
– VMCA filed DEF14a to extend deadline to Sept 3 2023 + 18 months, vote May 25, NAV $10.59
– PORT filed PRE14a to extend deadline to Dec 14 2023
– FGMC filed 424b3 for iCoreConnect deal, vote May 26, NAV $10.50
– MEOA filed 424b3 for Digerati Technologies deal, vote May 24, NAV $11.15
– EFHT filed PRE14a to extend deadline to Mar 13 2024, vote June 1, trust account will not be used to cover potential excise tax
– GFOR filed DEF14a to extend deadline to Sept 29 2023, vote May 22, NAV $10.20, trust account will not be used to cover potential excise tax
– GSRM filed DEF14a to extend deadline to July 1 2023 + 8 months, vote May 25, trust account will not be used to cover potential excise tax
– CLRC stockholders approved deadline extension to May 2 2024, 5.3 million shares (67.3%) redeemed, 2.6 million shares remain, NAV $10.43
– CMCA filed DEF14a to extend deadline to Mar 3 2024, vote May 23, NAV $10.49
– RONI filed S-4/a for NET Power deal
– FNVT sponsor shares sold, board and management replaced
– CNDB extension vote
– TGVC extension vote
– FNVT redemption