SPAC Update – January 27

– HSAQ / OBIO deal closed
– APXI filed PRE14a to amend extension payment
– IQMD sponsor confirmed trust account will not be used to pay potential excise tax
– ONYX stockholders approved deadline extension to Aug 7 2023, 22.2 million shares (84.1%) redeemed, 4.2 million shares remain, NAV $10.30
– INAQ signed LOI with Avila Energy VIK.to
– MSSA stockholders approved deadline extension to Feb 5 2024, 5.9 million shares (51.8%) redeemed, 5.6 million shares remain
– SCMA adjourned vote to Jan 31
– YOTA extended deadline to Apr 22 2023 for $1.15 million to trust account
– BCSA postponed vote again to Feb 3
– QFTA confirmed trust account will not be used to cover potential excise tax and after 24 months trust account will move to an interest-bearing demand deposit account at a bank
– IMAQ extension vote adjourned to Jan 27
– PONO deal vote
– TOAC extension vote
– NRAC extension vote
– USCT extension vote
– MEAC ticker change to SEPA
– CPAR redemption
– GSD redemption
– BLUA redemption