SPAC Update – January 3

– MCAC business combination with ConnectM
– ATMCU $60 million IPO
– NSTB stockholders approved deadline extension to July 28 2023, 37.9 million shares (94.8%) redeemed, 2 million shares remain
– PICC stockholders approved deadline extension to Aug 11 2023, 25.6 million shares (92.8%) redeemed, 2 million shares remain
– FINM to liquidate Jan 17, NAV $10.14
– DMYS to launch tender at $10.14 per share, no expiry date set
– PRPC filed PRE14a to extend deadline to Feb 5 2024
– SCMA filed PRE14a to extend deadline to Aug 1 2023
– CSTA filed DEF14a to extend deadline to Jan 29 2024, vote Jan 24, NAV $10.14
– PUCK filed PRE14a to extend deadline to Mar 18 2023 + 5 months, vote in Feb
– ACAC filed PRE14a to amend extension payment, vote Jan 24
– DUNE and TradeZero reach settlement, terminate business combination, TradeZero to pay DUNE $5 million
– JWSM filed PRER14a to extend deadline to Feb 4 2024
– TOAC filed PRE14a to extend deadline to Nov 8 2023, vote in Jan
– ERES filed DEF14a to extend deadline to July 27 2023, vote Jan 20, NAV $10.21
– OSI had 2.07 million more shares redeemed, 3.1 million shares remain
– BLUA filed PRE14a to extend deadline to Aug 2 2023
– DNZ Mark Wiltamuth resigned as CFO, Betty Liu to be Chair, CEO and CFO
– OCAX filed DEF14a to extend deadline to Jan 20 2024, vote Jan 18, NAV $10.27
– AIB filed DEF14a to extend deadline to Oct 21 2023 or liquidate early, vote Jan 18, NAV $10.26
– DCRD filed DEFM14a for Hammerhead Resources deal, vote Jan 23
– EVOJ stockholders approved deadline extension to Aug 8 2023, 11.5 million shares (92.3%) redeemed, 962k shares remain, NAV $10.085
– QFTA filed PRE14a to extend deadline to Aug 9 2023, vote in Feb
– WAVS vote adjourned to Jan 6
– ARACU abandoned S-1
– REAIU abandoned S-1
– Singularity Acquisition (no symbol) abandoned S-1
– Ace Global Business Acquisition II (no symbol) pulled S-1
– PRSR redemption
– ROSE redemption
– ACBA redemption