SPAC Update – December 22
– DMYS business combination with Rainwater Tech
– HSPOU $60 million IPO
– FOXW filed DEF14a to extend deadline to Apr 22 2023, vote Jan 18, NAV $10.175
– OHAA stockholders approved deadline extension to Oct 30 2023, 10.2 million shares (80.4%) redeemed, 2.5 million shares remain
– ACAQ stockholders approved deadline extension to July 22 2023, 21.0 million shares (91.1%) redeemed, 2 million shares remain
– PMGM filed DEF14a to extend deadline to Sept 11 2023, vote Jan 24, NAV $10.11
– OLIT stockholders approved deadline extension to Nov 8 2023, 13.0 million shares (90.6%) redeemed, 1.3 million shares remain, NAV $10.28
– NSTC extension vote canceled
– NSTD extension vote canceled
– BLNG stockholders approved deadline extension to July 27 2023
– TLGA stockholders approved deadline extension to Aug 1 2023, 32.1 million shares (80.1%) redeemed, 7.9 million shares remain
– BIOT filed PRE14a to extend deadline to Oct 27 2023
– AKIC to liquidate Dec 29, NAV $10.12
– NCAC filed DEF14a to extend deadline to July 22 2023, vote Jan 6
– MEAC changed name from Mercury Ecommerce Acquisition to SEP Acquisition, extended deadline to July 30 2024, 16.7 million shares (92.8%) redeemed, 1.3 million shares remain, NAV $10.18
– CPAR filed PRE14a to liquidate early
– VHAQ announced 4.6 million shares (92.0%) redeemed, redemption reversals extended until Dec 23, NAV $10.58, deal vote Jan 20 2023
– WRAC entered into non-redemption agreements, Co-CEO bought 742k shares, sponsor will cover excise tax, 19.5 million shares (84.9%) redeemed
– MBAC canceled extension vote
– SAGA sponsor to cover excise tax liability
– UPTD extension vote
– CFIV extension vote, sponsor to cover excise tax
– LIBY extension vote
– WRAC extension vote
– LCA extension vote
– NSTB extension vote
– PICC extension vote
– SAGA extension vote
– AVHI extension vote
– PSAG liquidation vote
– ASAX liquidation vote
– DILA liquidation
– HCAR liquidation
– SCOA liquidation
– OSTR liquidation
– HUGS redemption
– TWND redemption
– OLIT redemption