SPAC Update – February 15

– PBAX / CERO deal closed
– LGST / TVGN deal closed
– IVCP / HDL Therapeutics deal terminated
– LCA to liquidate Feb 27, NAV $10.56
– FTII stockholders approved deadline extension to Nov 18 2024, 3.2 million shares (58.2%) redeemed, 2.3 million shares remain, NAV $11.13
– IRRX stockholders approved deadline extension to Nov 15 2024, 4.6 million shares (70.5%) redeemed, 1.9 million shares remain, NAV $11.00
– KWAC filed DEFM14a for Wentworth deal, vote Feb 22, NAV $12.99
– FRLA filed S-4 for Water On Demand deal
– SLAM filed S-4 for Lynk Global deal
– AVHI filed S-4/a for Vaso deal
– NNAG filed S-4 for Nava Health MD deal
– TCOA extended deadline to Mar 14 2024, added $100k to trust account
– WINV extended deadline to Mar 17 2024, added $55k to trust account
– ADRT extension vote
– LBBB deal vote
– GIA redemption