SPAC Update – February 7

– PFTA announced a business combination with RBio Energy
– KRNL stockholders approved deadline extension to Aug 5 2024, 5.8 million shares (91.8%) redeemed, 509k shares remain, NAV $10.80
– ARIZ stockholders approved deadline extension to Nov 22 2024, 777k shares redeemed, 2.4 million shares remain, NAV $11.14
– APXI announced Daniel Braatz resigned as Chairman and CEO, replaced by Kyle Bransfield
– ESAC filed S-4/a for Sunergy deal
– COOL filed PRE14a to extend deadline to June 30 2024
– IRAA filed PRE14a to extend deadline to June 9 2024 + 3 months, vote in Mar
– EVE entered into a Purchase and Sponsor Handover Agreement with Blufire Capital
– BWAQ extended deadline to Mar 2 2024, added $60k to trust account
– FRLA extended deadline to Mar 5 2024, added $100k to trust account
– ENCP set Feb 23 deal vote date
– SZZL deal vote postponed to Feb 15
– CBRG extension vote
– PUCK extension vote
– RMGC extension vote
– OTEC redemption