SPAC Update – November 16

– JGGC / CAPT deal closed
– BFAC stockholders approved deadline extension to June 17 2024, 6.3 million shares (54.8%) tendered for redemption, 5.2 million shares to remain, NAV $10.88
– CLAY filed DEFM14a for Mobix Labs deal, vote Dec 14
– NCAC filed DEFM14a for Psyence Biomed deal, vote Nov 30, NAV $11.38
– MITA filed DEF14a to extend deadline to Sept 25 2024, vote Nov 27, NAV $10.67
– CNGL filed DEF14a to extend deadline to Dec 2 2024, vote Dec 1, NAV $10.76
– RCFA filed PRER14a to extend deadline to Nov 15 2024, vote Dec 5
– PPHP extended deadline to Dec 16 2023, added $35k to trust account
– GATE filed PRE14a to extend deadline to Oct 5 2024, NAV $10.40
– ACBA extended deadline to Jan 8 2024, added $99k to trust account
– BNIX extended deadline to Dec 14 2023, added $75k to trust account
– MCAF redemption
– QDRO redemption