SPAC Update – April 28

– ARRW announced a business combination with iLearningEngines
– LGVC announced a letter of intent with Nuvo
– ROCL announced a letter of intent with Slacker
– LCAA / Lotus entered agreements for $122 million investment
– PCCT stockholders approved deadline extension to Nov 1 2023, 377k shares (15.3%) redeemed, 2.1 million shares remain, NAV $10.70
– WTMA extended deadline to May 30 2023, added $125k to trust account
– INTE announced trust account will not be used to cover potential excise tax
– FNVT filed DEF14a to extend deadline to May 8 2024, vote May 8, NAV $10.40
– LBBB filed PRE14a to extend deadline to Sept 11 2023
– SCUA filed PRE14a to extend deadline to June 13 2024
– BIOS filed PRE14a to extend deadline to Dec 7 2023
– FACT filed S-4/a for Complete Solaria deal
– APGB extension vote
– SBXC/U split
– JUN redemption
– BWAQ redemption
– JWAC redemption