SPAC Update – February 14

– NETC announced a business combination with Vast Solar
– ROC announced a business combination with Drilling Tools International
– VHNA announced a business combination with Roadzen
– FXCO announced a business combination with Austin Biosciences
– RACY announced a business combination with SVES
– MARXU $60 million IPO
– FMIV announced an LOI with a company in the online gaming industry, will not use trust to cover potential excise tax
– SHAP filed S-4 for zTrip deal
– ARRW filed DEF14a to extend deadline to July 6 2023 + 7 months, vote Feb 28, trust account will not be used to cover potential excise tax
– FSNB filed DEFR14a to extend deadline to Sept 2 2023, vote Feb 28, will not use trust account to cover potential excise tax, NAV $10.16
– GSRM filed DEFa14a, proxy statement not cleared by SEC, will not hold vote until cleared
– BWAC stockholders approved deadline extension to Aug 17 2023, 1.2 million shares (28.8%) redeemed, NAV $10.60
– PIAI extended deadline to Mar 13 2023, added $373.7k to trust account
– CFFE filed PREM14a for XBP Europe deal
– INKA filed 424b3 for Near deal, vote Mar 20, NAV $10.44
– AGAC filed PRE14a to extend deadline to June 2 2023 + 9 months
– SBXC/U filed S-1 for $100 million IPO
– LGTO deal vote
– IFIN extension vote
– DISA extension vote
– CHAA extension vote
– AXAC extension vote
– GENQ extension vote