SPAC Update – February 23

– LOKM confirmed trust account will not be used to cover potential excise tax, entered into a non-binding term sheet with One Americas Holdings
– BRKH confirmed trust will not be used to cover potential excise tax, NAV revised from $10.15 to $10.27
– AGAC filed DEF14a to extend deadline to June 2 2023 + 9 months, vote Mar 2, NAV $10.20
– TPBA stockholders approved Lavoro deal, 14.9 million shares (82.7%) redeemed, 3.1 million shares remain, closing Feb 27
– GGAA stockholders approved deadline extension to Sept 13 2023, 25.2 million shares (99.6%) redeemed, 101k shares remain, NAV $10.45
– LFAC stockholders approved extension amendment, 14.6 million shares (56.3%) redeemed, 11.3 million shares remain, NAV $10.35
– BNIX filed DEF14a to extend deadline to June 14 2024, vote Mar 8, NAV $10.35
– MBAC filed DEF14a to extend deadline to Dec 8 2023, vote Mar 7, NAV $10.16
– NNAGU filed S-1 for $80 million IPO
– TWNI stockholders approved deadline extension to Aug 23 2023, 1.9 million shares entered non-redemption agreement for 475k sponsor shares (25% reward)
– SWSS extension vote
– TLGY extension vote
– FLME redemption
– APXI redemption