SPAC Update – May 17

– FRBN announced a business combination with enGene
– MKARU pulled S-1
– SLAC stockholders approved deadline extension to Feb 17 2024, 95k shares (5.8%) redeemed, 1.6 million shares remain, NAV $10.17
– MTAL / CSA Copper Mine announced $35 million additional PIPE, taking total to $175 million
– CVII announced 80.0 million shares (58.0%) redeemed, 58.0 million shares remain, NAV $10.21
– CCVI announced 27.7 million shares (50.1%) redeemed, 27.5 million shares remain, NAV $10.18
– VCXA stockholders approved deadline extension to Aug 13 2023 + 6 months, 2.5 million shares (54.3%) redeemed, 2.1 million shares remain, NAV $10.32
– BOCN filed DEF14a to extend deadline to June 7 2024, vote June 2, NAV $10.50
– ATEK filed DEF14a to extend deadline to Jan 14 2024, vote June 12, NAV $10.40, trust account will not be used to cover potential excise tax
– WINV filed PRER14a to extend deadline to July 17 2023 + 5 months, vote June 12, NAV $10.71
– THCP filed PRE14a to extend deadline to July 2 2024, vote in June
– VHAQ filed PRE14a to extend deadline, vote in June
– NUBI filed PRE14a to extend deadline to Dec 15 2023, trust account will not be used to cover potential excise tax
– ADEX filed PRE14a to extend deadline, vote June 30
– ASCA extended deadline to June 17 2023, added $90k to trust account
– PPHP extended deadline to June 16 2023, added $111k to trust account
– FWAC extension vote
– ROCL extension vote
– PACI redemption
– BLEU redemption
– EGGF redemption