SPAC Update – May 10

– AFAR announced a business combination with Allrites
– RJAC to liquidate June 13, NAV $10.38
– LGST sponsor sold its promote shares and warrants for aggregate purchase price of $1.00
– IXAQ extended deadline to June 12 2023, added 4160k to trust account
– IRRX ​​intends to extend deadline to June 15 2023
– INTE stockholder approved deadline extension to Nov 3 2023, 8.5 million shares (73.7%) redeemed, 3.0 million shares remain, NAV $10.34
– PTWO stockholders approved deadline extension to Feb 9 2024, 9.6 million shares (83.3%) redeemed, 1.9 million shares remain
– HHLA stockholders approved deadline extension to Aug 9 2023 + 6 months, 3.9 million shares (38.4%) redeemed, 6.2 million shares remain
– OTEC filed DEF14a to extend deadline to June 2 2024, vote May 26, NAV $10.82, trust account will not be used to cover potential excise tax
– MEOA filed DEF14a to extend deadline to Aug 30 2023, vote May 22, NAV $11.15
– CONX filed DEF14a to extend deadline to Nov 3 2023, vote June 1, NAV $10.19, trust account will not be used to cover potential excise tax
– MTAC filed PRE14a to extend deadline to Sept 22 2023, NAV $10.35
– PCCT filed PRER14a for Spectaire deal
– PMGM filed S-4/a for AEON Biopharma deal, vote June 6, NAV $10.54
– EVGR extension vote adjourned to May 10
– DPCS extension vote
– VCXA extension vote
– EGGF redemption
– SLAC redemption
– MCAG redemption
– CBRG redemption