SPAC Update – December 12

– VSAC / Newsight Imaging deal terminated
– RCFA stockholders approved deadline extension to Nov 15 2024, 8.2 million shares (63.3%) redeemed, 4.8 million shares remain
– ALTU stockholders approved deadline extension to Mar 11 2024, 359k shares (26.9%) redeemed, 975k shares remain
– LBBB stockholders approved deadline extension to Mar 11 2024, 2.1 million shares (61.4%) redeemed, 1.3 million shares remain, $20k added to trust account to extend deadline to Jan 11
– QOMO stockholders approved extension fee reduction, 1.1 million shares (56.2%) redeemed, 838k shares remain
– TWOA filed DEF14a to extend deadline to July 1 2024, vote Dec 27, NAV $10.55
– FIAC filed DEF14a to extend deadline to Nov 1 2024, vote Dec 26, NAV $10.95, trust account will not be used to cover potential excise tax
– MBTC filed DEF14a to extend deadline to July 5 2024, vote Jan 2, NAV $11.65
– DECA extended deadline to Jan 11 2024, added $50k to trust account
– NUBI deal vote postponed to Dec 14
– GIA filed DEF14a to extend deadline to Mar 31 2024, vote Dec 28, NAV $10.97, trust account will not be used to cover potential excise tax
– ATEK extended deadline to Jan 14 2024, added $60k to trust account
Heroic Empire Acquisition (no symbol) abandoned S-1
– JAQC adjourned deal vote to Dec 18
– VII adjourned deal vote to Dec 12
– JAQC deal vote
– NUBI deal vote
– CLAY redemption
– GAMC redemption
– KACl redemption
– LGST redemption