SPAC Update – August 11

– MCAA announced a business combination with FC Barcelona’s Content Creation Platform, Barça Media
– MTAC / TLSI deal closed
– OXAC / JTAI deal closed
– APMI to liquidate Aug 17 2023
– MACA / Holisto deal terminated
– BYNO stockholders approved deadline extension to Aug 12 2024, 13.6 million shares (78.8%) redeemed, 3.6 million shares remain, NAV $10.61, added $625k to trust account to extend deadline to Feb 12 2024
– SZZL stockholders approved deadline extension to Feb 8 2024, 1.3 million shares (30.0%) redeemed, 3.1 million shares remain, NAV $10.85
– BSAQ stockholders approved VinFast deal, 1.4 million shares (52.4%) redeemed, 1.3 million shares remain, closing Aug 14, symbol VFS
– RRAC stockholders approved deadline extension to Aug 9 2024, 5.4 million shares (18.1%) redeemed, 24.6 million shares remain, NAV $10.73
– EMCG stockholders approved deadline extension to Aug 12 2024, 1.6 million shares (21.0%) redeemed, 5.8 million shares remain, extended deadline to Sept 12 2023, added $100k to trust account
– TBCP stockholders approved deadline extension to Feb 10 2024, 487k shares (44.3%) redeemed, 611k shares remain, NAV $10.25
– GFOR filed S-4/ for NKGen Biotech deal, vote Aug 30, NAV $10.36
– GGAAF filed DEF14a to extend deadline to Dec 13 2024, vote Aug 31
– IFIN filed S-4/a for Seamless deal
– BREZ filed PRE14a to extend deadline to June 26 2024, vote Sept 22, NAV $10.77, trust account will not be used to cover potential excise tax
– RCLF filed S-4/a for Spectral MD Holdings deal
– BFAC extended deadline to Sept 17 2023, added $250k to trust account
– FATP extended deadline to Sept 15 2023, added $24k to trust account
– LBBB extended deadline to Sept 11 2023, added $80k to trust account
– LHC extended deadline to Sept 12 2023, added $240k to trust account
– LCW extended deadline to Sept 13 2023, added $115k to trust account
– AURC deal vote
– OXAC extension vote
– PICC extension vote
– IVCA extension vote
– DKDCA extension vote
– JGGC extension vote
– HAIA extension vote
– PNAC redemption
– PPHP redemption
– KCGI redemption