SPAC Update – August 2

– PACI announced a business combination with Volato
– CPUH / ALUR deal closed
– DWAC announced that Marcum resigned as the Company’s independent registered public accounting firm
– ACAX stockholders approved HWH International deal
– AAC stockholders approved deadline extension to Nov 6 2023, 1.4 million shares (3.0%) redeemed, 45.6 million shares remain, NAV $10.58
– HWEL stockholders approved deadline extension to Dec 5 2023, 20.9 million shares (83.6%) redeemed, 4.1 million shares remain, NAV $10.30
– NSTB stockholders approved deadline extension to Jan 28 2024, 453k shares (21.9%) redeemed, 1.6 million shares remain
– FLAG filed S-4/a for Calidi Biotherapeutics deal, vote Aug 22
– FSRX filed DEF14a to extend deadline to Feb 22 2024, Vote Aug 18, NAV $10.27, trust account will not be used to cover potential excise tax
– IFIN filed DEF14a to extend deadline to Feb 23 2024, vote Aug 18, NAV $10.92
– HAIA filed DEF14a to extend deadline to Dec 14 2024, vote Aug 11, NAV $10.72
– BOCN filed DEF14a to extend deadline to June 7 2024, Vote Aug 29, NAV $10.64
– BIOS filed S-4/a for Avertix deal
– DKDCA filed S-4/a for OneMedNet deal
– BHAC extended deadline to Sept 6 2023, added $175k to trust account, entered into a non-binding proposal (with a binding exclusivity agreement) with respect to a business combination
– WTMA extended deadline to Aug 30, added $125k to trust account
– HMAC deal vote
– MTAC deal vote
– PICC extension vote
– AACI extension vote
– BLUA extension vote
– OXAC redemption
– QFTA redemption
– RMGC redemption