SPAC Update – February 1

– GLLI announced a business combination with Alps
– DMAQ / TRUG deal closed
– LGST stockholders approved Tevogen Bio deal, 1.4 million shares (95.3%) redeemed, 70k shares remain
– CETU stockholders approved deadline extension to Aug 3 2024, 3.7 million shares (64.2%) redeemed, 2.1 million shares remain
– ONYX stockholders approved deadline extension to Nov 5 2024, 679k shares (33.8%) redeemed, 1.3 million shares remain, NAV $11.13
– NRAC stockholders approved deadline extension to Aug 4 2024, 185k shares redeemed, 1.7 million shares remain
– LBBB filed 424b3 for Nature’s Miracle deal, vote Feb 15, NAV $11.15
– CNDB filed S-4/a for GCT Semiconductor deal, vote Feb 27, NAV $10.76
– FLME filed DEFM14a for Sable Offshore deal, vote Feb 12, NAV $10.41
– VSAC extended deadline to Mar 3 2024, added $60k to trust account
– SZZL deal vote postponed to Feb 9
– KRNL extension vote
– ARIZ redemption
– PTWO redemption
– MAQC redemption