SPAC Update – February 2

– NVSA entered into a non-binding LOI with Verijet
– SCAQ filed PRE14a to extend deadline to Sept 16 2023, vote Mar 10, excise tax to be paid by sponsor
– PUCK trust account will not be used to cover excise tax
– SZZL stockholders approved deadline extension to Aug 8, added $200k to trust account
– ATAK announced 15.9 million shares (78.6%) redeemed, 4.3 million shares remain, withdrawals open until Feb 3
– SGII trust account will not be used to cover excise tax
– BIOT sponsor unable to fund extension payment, to liquidate, NAV $10.15
– IMAQ stockholders approved deadline extension to May 2 2023, 169k shares (7.9%) redeemed, 2.0 million shares remain
– ITQ to liquidate Feb 15, NAV $10.17
– BWAC announced trust account will not cover excise tax, NAV $10.58
– LGTO filed 424b3 for Southland Holdings deal, vote Feb 14, NAV $10.29
– AMCI adjourned deal vote to Feb 3
– MURF stockholders approved deadline extension to Feb 7 2023
– AEHA announced trust account will not cover excise tax
– AXAC sponsor announced it will not make any monthly contributions to trust account if extension approved, entered into non-redemption agreements instead
– ASCA extension vote
– AAC extension vote
– AACI extension vote
– QFTA redemption
– MCAA redemption
– PMGM redemption