SPAC Update – May 16

– FEXD terminated Rana Financial / Mobitech deal
– PNTM to liquidate May 30, NAV $10.32
– HNRA stockholders approved deadline extension to Nov 15 2023, 4.1 million shares (47.7%) redeemed, 4.5 million shares remain, $120k added to trust account
– DPCS stockholders approved deadline extension to Nov 12 2023 + 3 months, 18.9 million shares (82.2%) redeemed, 4.1 million shares remain, NAV $10.51
– ARIZ stockholders approved deadline extension to Feb 22 2024, 3.7 million shares (54.3%) redeemed, 3.1 million shares remain, NAV $10.46, added $120k to trust account
– EFHT filed DEF14a to extend deadline to Mar 13 2024, vote June 1, NAV $10.33
– PIAI extended deadline to June 14 2023, added $162k to trust account
– SHAP filed DEF14a to extend deadline to Sept 20 2023, vote June 12, NAV $10.51
– IVCP filed DEF14a to extend deadline to Mar 15 2024, vote June 12, NAV $10.40
– EVE filed DEF14a to extend deadline to Dec 17 2023 + 6 months, vote June 14, NAV $10.46
– FRLA filed DEF14a to reduce extension payment, vote June 2, NAV $10.72
– DHAC filed S-4/a for VSee Labs / iDoc Telehealth Solutions deal, NAV $11.41
– TRIS filed PRER14a to extend deadline to Oct 18 2023 + 6 months, NAV $10.41
– COOL filed PRE14a to extend deadline to Mar 20 2024
– BRAC filed PRE14a to extend deadline to Jan 13 2024 and reduce the monthly extension fee, trust account will not be used to cover potential excise tax
– TGAA filed PRE14a to extend deadline to Sept 13 2023 + 6 months
– ANZU filed S-4 for Envoy Medical deal
– GFOR filed S-4 for NKGen Biotech
– HNRA filed PRER14a for Pogo Resources deal
– LHC filed S-4/a for World View deal
– CREC extension vote
– ROCG redemption
– PWUP redemption
– KWAC redemption