SPAC Update – April 26

– IVCB announced a business combination with OpSec Group
– IQMD to liquidate, NAV $11.22
– NHIC to liquidate Apr 25, NAV $10.28
– MAQC NAV revised from $10.61 to $10.91, trust account will not be used to cover potential excise tax
– GRCY stockholders approved deadline extension to Oct 28 2023, 405k shares (66.4%) redeemed, 205k shares remain
– ENTF stockholders approved deadline extension to Oct 21 2023, 23.2 million shares (77.3%) redeemed, 6.8 million shares remain, NAV $10.49
– CCTS stockholders approved deadline extension to Nov 2 2023, 10.2 million shares (80.5%) redeemed, 2.5 million shares remain
– VCXA filed DEF14a to extend deadline to Aug 13 2023 + 6 months, vote May 10, NAV $10.32
– SLAC filed DEF14a to extend deadline to Feb 17 2024, vote May 12, NAV $10.17
– LGVC filed DEF14a to extend deadline to Nov 16 2023 + 6 months, vote May 11, NAV $10.48
– OTEC filed PRE14a to extend deadline to June 2 2024, vote in May
– ENCP filed S-4/a for Graphjet deal
– YOTA filed S-4/a for NaturalShrimp deal
– BWAQ extension vote postponed to May 2
– PGRW cancelled extension vote
– APGB redemption