SPAC Update – December 4

– TMTC announced a business combination with eLong Power
– APXI signed a non-binding letter of intent for a proposed business combination with a precision medicine company
– AFJKU $60 million IPO
– PRSR set Dec 13 vote for LeddarTech deal
– IVCB announced 7.8 million shares (41.2%) tendered for redemption
– VCXA announced 1.9 million shares (98.7%) redeemed, 262.5k shares remain
– ROCL stockholders approved deadline extension to Dec 3 2024, 928k shares (37.0%) redeemed, 1.6 million shares remain
– TWLV shareholders approved deadline extension to June 2 2024, 1.9 million shares (57.9%) redeemed, 1.3 million shares remain, NAV $10.52
– DUNE adjourned deal vote to Dec 4
– GHIX filed DEF14a to extend deadline to Dec 6 2024, vote Jan 9, NAV $10.52, trust account will not be used to cover potential excise tax
– MSSA filed DEF14a to amend articles, vote Dec 20, NAV $10.99
– ACAB filed DEF14a to extend deadline to Aug 19 2024, vote Dec 15, NAV $10.68, trust account will not be used to cover potential excise tax
– XPDB filed S-4/a for Montana Technologies deal
– WNNR filed S-4/a for Zapata AI deal
– LGST filed PRER14a to extend deadline to Sept 15 2024, vote in Dec
– NVAC filed PRE14a to extend deadline to Mar 22 2023 (sic), vote Dec 21
– GIA filed PRE14a to extend deadline to Mar 31 2024, vote Dec 28
– BLEU filed PRE14a to extend deadline to Nov 22 2024, vote in 2023
– FIAC filed S-4 for DevvStream deal
– ARYD extended deadline to Jan 2 2024, added $140k to trust account
– CLIN deal vote
– GLACU split
– ALTU redemption
– LBBB redemption