SPAC Update – February 7

– OTEC / Majic Wheels deal terminated
– CCAI announced a business combination with RealWear, trust account will not cover excise tax
– GGAA filed DEF14a to extend deadline to Sept 13 2023, vote Feb 22, NAV $10.43
– ARIZ deadline extended to May 22 2023, will add $690k to trust account
– ATAQ filed DEF14a to extend deadline to Sept 8 2023, vote Mar 1, NAV $10.18
– SDAC stockholders approved deadline extension to Aug 12 2023
– AMCI stockholders approved LanzaTech deal, added $5 million PIPE and $100 million FPA
– ROSS filed DEF14a for APRINOIA Therapeutics deal, vote Mar 13, vote Mar 13, NAV $10.19
– GSD extended deadline to Mar 9 2023, added $83.9k to trust account
– FRXB filed PRE14a to extend deadline to Mar 12 2024, trust account will not be used to cover potential excise tax
– GEEX filed PRE14a to extend deadline to Sept 7 2023 + 3 months
– PRPC stockholders approved deadline extension to Feb 4 2024, 35.7 million shares (88.7%) redeemed, 4.5 million shares remain, NAV $10.16
– GLLI filed PRE14a to extend deadline to Sept 9 2023, vote Mar 1, NAV $10.26, not permitted to use trust account to pay excise tax
– ATAK stockholders approved deadline extension to Aug 9 2023, 14.5 million shares (71.9%) redeemed, 5.7 million shares remain, NAV $10.25
– INAQ filed PRE14a to extend deadline to June 7 2023 + 6 months, NAV $10.21
– FTAA canceled Feb 15 extension vote
– SZZL stockholders approved deadline extension to Aug 8 2023, 11.1 million shares (71.5%) redeemed, 4.4 million shares remain, NAV $10.32
– BNIX filed PRE14a to extend deadline to June 14 2023 + 12 months
– LCAA filed PRE14a to extend deadline
– AHEA stockholders approved Ocean Biomedical deal
– GAMC filed PRE14a to extend deadline to Mar 19 2024
– AMAO filed S-4 for Royalty Management deal
– MCAE deal vote
– MACA extension vote
– HHLA extension vote
– CPTK extension vote
– PUCK extension vote
– ANZU redemption
– ADOC redemption