SPAC Update – June 16

– APCA announced a business combination with JEPLAN
– GLST announced a business combination with K Enter
– MTAL / CSA Copper Mine deal closed
– WTMA / WaveTech deal terminated
– PLMI reversed decision to liquidate, to extend deadline 30 days
– RCAC stockholders approved deadline extension to Dec 21 2023, 13.0 million shares (78.7%) redeemed, 3.5 million shares remain, NAV $10.35
– ADRT stockholders approved deadline extension to Feb 20 2024, 11.4 million shares (98.7%) redeemed, 147k shares remain, NAV $10.61
– VBOC filed DEF14a to extend deadline to July 11 2024, vote July 3, NAV $10.47
– ALSA filed DEF14a to extend deadline to Mar 15 2024, vote July 13, NAV $10.46
– CSLM filed PRER14a to extend deadline to Oct 18 2024, vote July 13
– IOAC filed PRE14a to extend deadline to Oct 29 2023
– UPTD filed S-4/a for Estrella Biopharma deal
– FWAC filed S-4/a for Mobile Infrastructure Corp deal
– ENCP filed S-4/a for Graphjet deal
– TCOA stockholders approved deadline to Mar 14 2024, added $150k to trust account
– VII extension vote postponed to June 26
– PMGM deal vote adjourned to June 21
– MTAC extended deadline to Sept 22 2023, added $0.04 per share to trust account
– KACL extended deadline to July 16 2023, added $120k to trust account
– FXCO extended deadline to July 14 2023, added $50k to trust account
– LCAA extended deadline to July 15 2023, added $330k to trust account
– MITA sponsor sold to new group for $1.00
– FLFV extension vote
– CFFS extension vote
– THCP redemption