SPAC Update – January 15

– ACAX / HWH deal closed
– PTHR / HOVR deal closed
– BRAC stockholders approved deadline extension to Jan 13 2025, 2.8 million shares (61.9%) redeemed, 1.7 million shares remain, NAV $11.23
– HCVI stockholders approved deadline extension to Sept 30 2024, 20.5 million shares (79.6%) redeemed, 5.3 million shares remain
– ALSA stockholders approved deadline extension to Sept 15 2024, 3.3 million shares (36.6%) redeemed, 5.7 million shares remain
– LCAA filed DEFM14a for Lotus Technology deal, vote Feb 2, NAV $10.75
– CHEA filed DEF14a for Taiwan Color Optics deal, vote Feb 2, NAV $10.98
– NFYS filed DEF14a to extend deadline to June 8 2024, vote Feb 2, NAV $10.69
– DPCS filed PRE14a to extend deadline to Nov 12 2024, vote Feb 8, NAV $10.91
– ADRT filed PRE14a to extend deadline to Dec 20 2024, vote Feb 15
– ARRW filed PRE14a to extend deadline to Aug 6 2024
– GPAC filed S-4 for Stardust Power deal
– DHCA filed S-4/a for for BEN deal
– ENCP filed S-4/a for Graphjet deal
– WINV extended deadline to Feb 17 2024, added $55k to trust account
– LCW extended deadline to Feb 13 2024, added $150k to trust account