SPAC Update – August 21

– ZING extension vote cancelled, to liquidate Aug 23, NAV $10.49
– SEDA announced a non-binding LOI for a business combination with Cunova
– QETAU filed S-1 for $60 million IPO
– GFGD / Zero Nox announced a $5 million PIPE financing
– GGAAF / NextTrip deal terminated
– ACAH to liquidate, NAV $10.40
– NFNT announced 20.0 million shares (72.6%) tendered for redemption
– FLAG announced 4.0 million shares (97.9%) tendered for redemption
– KWAC stockholders approved deadline extension to Nov 24 2023, no redemption figures given, to add $69k to trust account
– GFGD postponed deal vote to Aug 28
– ACBA extended deadline to Oct 8 2023, added $117k to trust account, filed PRE14a to extend deadline to Apr 8 2024, vote in Sept
– APCA filed PRE14a to extend deadline
– EMLD filed PRE14a to extend deadline
– PACI filed S-4 for Volato deal
– MCAG extension vote
– BUJAU split