SPAC Update – January 12

– BUJA entered into a non-binding letter of intent with Global IBO Group
– OCAX stockholders approved deadline extension to Jan 20 2025, 902k shares redeemed, 3.0 million shares remain, NAV $10.83
– ISRL stockholders approved deadline extension to Jan 18 2025, 7.1 million shares (49.5%) redeemed, 7.3 million shares remain, NAV $10.74
– PMGM stockholders approved deadline extension to Oct 12 2024, 596k shares (31.0%) redeemed, 1.3 million shares remain, NAV $11.03
– NRAC filed DEF14a to extend deadline to Aug 4 2024, vote Jan 30, NAV $10.94
– JWSM filed DEF14a to extend deadline to Feb 4 2025, vote Jan 25, NAV $10.94
– MARX filed DEF14a to extend deadline to Nov 16 2024, vote Jan 30, NAV $10.68
– PTWO filed PRER14a to extend deadline to Nov 9 2024
– OXUS filed S-4/a for Borealis Foods deal
– BLUA filed S-4/a for SST deal
– TCOA extension vote
– CLOE redemption
– TENK redemption