SPAC Update – January 26

– NCAC / PBM deal closed
– NSTB to liquidate Jan 28, NAV $10.48, holders to retain ownership of shares to trade on pink sheets
– PEPL to liquidate Feb 8
– JWSM adjourned extension vote to Feb 2
– DMAQ stockholders approved TruGolf deal, 379k shares (65.9%) redeemed, 196k shares remain
– KYCH stockholders approved deadline extension to July 27 2024, 337k shares redeemed, 2.0 million shares remain
– EAC stockholders approved deadline extension to July 20 2024, 68k shares redeemed, 923k shares remain
– CSTAF adjourned extension vote to Jan 29 20254 3.4 million shares (75.7%) redeemed, 1.1 million shares remain
– BLUA filed DEFA14a to extend deadline to Aug 2 2024, moved vote to Feb 2
– ADRT filed DEF14a to extend deadline to Dec 20 2024, vote Feb 15, NAV $11.68
– LBBB filed S-4/a for Nature’s Miracle deal, NAV $11.01
– BNIX filed PRER14a for for EVIE Autonomous deal, NAV $10.89
– FLME filed PRER14a for Sable Offshore deal
– ESAC filed S-4/a for Sunergy deal
– HSPO extended deadline to Feb 27 2024, added $70k to trust account
– MBTC redemption
– MARX redemption
– NRAC redemption