SPAC Update – February 22

– GATE announced a business combination with Marblegate Capital
– AXAC stockholders approved deadline extension to May 18 2023, signed non-binding LOI with a European agribusiness company
– DMYS extended tender offer to Mar 3
– GWII to liquidate Mar 16
– DTOC confirmed that trust account will not be used to cover potential excise tax, NAV $10.16
– BREZ filed PRE14a to extend deadline to Sept 26 2023, vote Mar 22, NAV $10.56
– CCV filed DEF14a to extend deadline to Dec 18 2023, vote Mar 14, NAV $10.07, trust account could be used to pay excise tax
– DISA stockholders approved deadline extension to Mar 26 2024, 25.8 million shares (93.8%) redeemed, 1.7 million shares remain, NAV $10.19
– ANZU extension vote adjourned to Feb 28, entered into insurance agreement with respect to potential excise tax liability
– HWKZ filed PRE14a to extend deadline to Oct 13 2023, sponsor to indemnify for any excise tax liabilities
– FTII extended deadline to May 18 2023, added $1.15 million to trust account
– PGSS filed PRE14a to extend deadline to Dec 31 2023
– BTWN / Hyphen rumor
– AGAC sets extension vote for Mar 2
– TPBA deal vote
– GGAA extension vote
– CCAI extension vote
– REVE redemption
– CMCA redemption
– AURC redemption
– NSTD redemption
– NSTC redemption