SPAC Update – May 24

– ROCG / TYGO deal closed
– GSRM announced 24.5 million shares (77.5%) redeemed, NAV $10.39
– PWUP stockholders approved deadline extension to May 23 2024, 26.9 million shares (93.7%) redeemed, 1.8 million shares remain, NAV $10.51
– MEOA stockholders approved deadline extension to Aug 30 2023, 178k shares (18.6%) redeemed, 780k shares remain, NAV $10.78
– LFAC filed DEF14a to extend deadline to Nov 19 2023, vote June 13, NAV $10.64, trust account will not be used to cover potential excise tax
– FLFV filed DEF14a to extend deadline to Mar 21 2024, vote June 16, NAV $10.49, trust account will not be used to cover potential excise tax
– BRLI extended deadline to June 23 2023, added $32.5k to trust account
– FMIV extended deadline to June 22 2023, added $175k to trust account
– USCT filed PRE14a to extend deadline
– MEOA deal vote
– FGMC redemption
– OTEC redemption