SPAC Update – February 2

– PEPL contemplates alternatives to liquidation
– CSTAF stockholders approved deadline extension to Jan 29 2025, 2.1 million shares (47.3%) redeemed, 2.4 million shares remain, NAV $11.16
– MARX stockholders approved deadline extension to Nov 16 2024, 4.8 million shares (69.8%) redeemed, 2.1 million shares remain, NAV $10.68
– FTII filed DEF14a to extend deadline to Nov 18 2024, vote Feb 14, NAV $11.13, trust account will not be used to cover potential excise tax
– IRRX filed DEF14a to extend deadline to Nov 15 2024, vote Feb 12, NAV $11.18, trust account will not cover potential excise tax
– CPTK filed DEF14a to extend deadline to Aug 11 2024, vote Feb 8, NAV $10.74
– ARYD filed DEF14a to extend deadline to Mar 2 2025, vote Feb 27, NAV $11.08
– LIBY filed DEF14a to extend deadline to Nov 7 2024, moved vote to Feb 12, NAV $11.15
– CHAA filed DEF14a to extend deadline to May 17 2024, vote Feb 14, NAV $11.22
– MNTN extended deadline to Feb 28 2024, added $280k to trust account
– OCUX deal vote
– CHEA deal vote
– NFYS extension vote
– ARRW extension vote
– JWSM extension vote
– BLUA extension vote
– MBTC redemption