SPAC Update – December 21

– IOAC stockholders approved Zoomcar deal, 2.4 million shares (98.7%) redeemed, 47k shares remain
– BYN announced 2.1 million shares tendered
– SHAP announced 2.4 million shares (56.0%) tendered for redemption
– ATAK stockholders approved DIH deal, 4.8 million shares (90.7%) redeemed, 492k shares remain, NAV $11.03
– DUET stockholders approved deadline extension to Jan 24 2024, 3.8 million shares (74.5%) redeemed, 1.3 million shares remain, NAV $10.95, added $40k to trust account to extend deadline to Feb 24 2024
– KACL stockholders approved deadline extension to Dec 16 2024, 752k shares (36.0%) redeemed, 1.3 million shares remain, added $50k to trust account to extend deadline to Jan 16 2024
– OTEC filed S-4/a for Regentis Biomaterials deal
– DMAQ filed S-4/a for TruGolf deal, NAV $11.66
– MCAC filed S-4 for ConnectM deal
– OCAX extended deadline to Jan 20 2024, add $90k to trust account
– FLFV extended deadline to Jan 21 2024, added $100k to trust account
– ATMV adjourned extension vote to Dec 21
– NVAC extension vote
– BYN extension vote
– RCAC extension vote
– SHAP extension vote
– FIAC redemption