SPAC Update – January 18

– ROSS announced business combination with APRINOIA Therapeutics
– GPAC stockholders approved deadline extension to Apr 14 2023 + 9 monthly extensions, 26.1 million shares (86.9%) redeemed, 3.9 million shares remain, NAV $10.167
– SZZL board replaced CFO
– ASCA filed DEF14a to extend deadline to Oct 17 2023, vote Feb 2, NAV $10.24
– FSNB filed PRE14a to extend deadline to Sept 2 2023
– AAC postponed vote to Feb 2
– DCRD / Hammerhead announced that Citi and CS waived $11.1 million of deferred underwriting commissions
– ATAK filed DEF14a to extend deadline to Aug 9 2023, vote Feb 3
– AACI filed DEFA14a, will pay 1% excise tax with trust interest, NAV revised down from $10.17 to $10.10
– BWAC filed DEF14a to extend deadline to Aug 17 2023, vote Feb 8, NAV $10.61
– CPTK filed PRE14a to extend deadline to Feb 11 2024, NAV $10.14, CEO resigned
– ADRA / Alliance Entertainment announced 11.39 million shares (99.0%) submitted redemptions
– ACAQ extended deadline to Feb 22 2023, $112.7k added to trust account
– FACT filed PRE14a to extend deadline to Sept 2 2023
– BCSA postponed vote to Jan 27
– PEPL stockholders approved deadline extension to Oct 19 2023, 15.8 million shares (92.7%) redeemed, 1.2 million shares remain, NAV $10.25
– HHLA filed DEF14a to extend deadline to May 9 2023, vote Feb 7, NAV $10.16
– QFTA filed DEF14a to extend deadline to Aug 9 2023, vote Feb 6, NAV $10.15
– SZZL filed DEFR14a to extend deadline to Aug 8 2023, vote Feb 1, NAV $10.32
– PFDR filed DEFM14a for Movella deal, vote Feb 8, NAV $10.16
– ADEX extended deadline to Feb 14, $148k added to trust account
– FEXD extended deadline to Apr 21 2023, added $1.15 million to trust account
– BRLI increased monthly extension payment to $0.0525 (6.3%) from $0.04 (4.8%)
– DTOC filed PRE14a to extend deadline to Aug 31 2023
– CMCA filed PRE14a to extend deadline
– RDTXU abandoned S-1
– FOXW extension vote
– ESAC extension vote
– TETE extension vote
– BCSA extension vote
– AIB extension vote
– OCAX extension vote
– ADRA deal vote
– VHAQ redemption
– ERES redemption
– AACI redemption
– APAC redemption