SPAC Update – December 15

– BAYAU $60 million IPO
– VII / BNZI deal closed, 3.2 million shares (96.3%) redeemed, 122k shares remain
– NUBI stockholders approved Honeycomb deal, 3.9 million shares (99.4%) redeemed, 24k shares remain
– APXI stockholders approved deadline extension to Dec 9 2024, 202k shares (3.5%) redeemed, 5.6 million shares remain, NAV $11.13
– WEL stockholders approved deadline extension to Dec 13 2024, 1.1 million shares (21.1%) redeemed, 4.3 million shares remain, NAV $11.09
– PRLH stockholders approved deadline extension to Dec 17 2024, 17.8 million shares (89.2%) redeemed, 2.2 million shares remain, NAV $10.71
– PBAX filed DEF14a to extend deadline to Apr 8 2024, vote Jan 3, NAV $10.95
– IMAQ filed PRER14a to extend deadline to Jan 2 2025
– CBRG sponsor sold its shares to Fulton AC, CEO and board resigned
– BNIX extended deadline to Jan 14 2024, added $75k to trust account
– WINV extended deadline to Jan 17 2024, added $55k to trust account
– CLAY adjourned deal vote to Dec 18
– BYTS deal vote
– USCT amendment vote
– ACAB extension vote
– TGAA extension vote
– NUBI extension vote
– APAC redemption
– ENER redemption
– GATE redemption