SPAC Update – January 24

– CSLM announced a business combination with Fusemachines
– JWSM announced 1.0 million shares (47.6%) redeemed
– HCMA stockholders approved deadline extension to Apr 25 2024, 2.5 million shares (60.3%) redeemed, 1.6 million shares remain
– PTWO filed DEF14a to extend deadline to Nov 9 2024, vote Feb 5, NAV $10.87, trust account will not be used to cover potential excise tax
– ARIZ filed DEF14a to extend deadline to Nov 22 2024, vote Feb 5, NAV $11.13, trust account will not be used to cover potential excise tax
– BITE filed DEF14a to extend deadline to Aug 17 2024, vote Feb 13, NAV $10.71, trust account will not be used to cover potential excise tax
– XPDB filed PRE14a to extend deadline to July 14 2024
– IRRX filed PRE14a to extend deadline to Nov 15 2024, vote Feb 12
– DHAC filed S-4/a for VSee Labs / iDoc Telehealth Solutions deal
– HHLA filed PRE14a to extend deadline to Aug 9 2024
– ENCP extended deadline to Feb 18 2024, added $55k to trust account
– HHGC extended deadline to Feb 23 2024, added $0.0333 per share to trust account
– CSTAF adjourned extension vote to Jan 25