SPAC Update – February 8

– SMIH filed DEFM14a for YishengBio deal, vote Mar 1, NAV $10.10
– TWLV filed DEF14a to extend deadline to Dec 2 2023, vote Feb 28, NAV $10.16, trust account will not be used to cover potential excise tax
– MPRA stockholders approved deadline extension to July 8 + 5 months, 18.7 million shares (81.3%) redeemed, 4.3 million shares remain, NAV $10.33
– GMFI filed PRE14a to extend deadline to Apr 3 2024
– ADER filed a complaint in the Delaware Court of Chancery against Tiger Resort Asia seeking specific performance ordering the UEC Parties to specifically perform their obligations under that certain Agreement and Plan of Merger and Share Acquisition Agreement
– MCAE stockholders approved ETAO International deal
– OACC/U pulled S-1
– IOAC filed S-4 for Zoomcar deal
– TWNI identified a potential business combination target company in the energy storage sector, trust sold T-bills and invested in interest-bearing account at a bank
– MACA adjourned vote to Feb 9
– NVAC filed PRE14a to extend deadline to Sept 22 2023
– FRLA extended deadline to May 5 2023, added $977.5k to trust account
– REVE filed 424b3 for Two Bit Circus / Two Convention Hotels deal, vote Feb 24, NAV $10.51
– AURC filed DEF14a to extend deadline to Sept 30 2023, vote Feb 24, NAV $10.15
– CLAA filed PRE14a to extend deadline to Apr 12 2023 + 11 months
– MCAA stockholders approved deadline extension to Nov 9 2023, 10.8 million shares (46.9%) redeemed, 12.2 million shares remain, NAV $10.48
– PFDR deal vote
– IPAX deal vote
– IRRX extension vote
– WQGA extension vote
– IQMD extension vote
– ACAC amendment vote
– NVSA redemption
– PMGM redemption