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SPAC Update – January 31

– LCAA announced a business combination with Lotus Technology
– JWSM announced 101.6 million shares (98.2%) redeemed, 1.9 million shares remain, withdrawals open until Feb 1
– PRPC announced 36.3 million shares (90.2%) redeemed, 4.0 million shares remain, withdrawals open until Feb 1
– BLUA announced 26.7 million shares (93.0%) redeemed, 2.0 million shares remain
– LIBY to extend deadline to May 8 2023, deposit $1.15 million into trust account
– BACA extension vote cancelled
– LION stockholders approved SMX deal
– NSTC filed PRE14a to extend deadline to Sept 4 2023, may use trust account to cover excise tax
– NSTD filed PRE14a to extend deadline to Sept 4 2023, may use trust account to cover excise tax
– MPRA announced trust account will not be used to cover potential excise tax
– FXCO interim CEO resigned
– FZT filed PRE14a to extend deadline to Apr 18 2023 + additional months, redemptions may be subject to excise tax
– TSIVU pulled S-1
– CWAC/U pulled S-1
– DHHC filed S-4 for United Homes Group deal, no meeting date set, NAV $10.13
– ARCK filed PRE14a to liquidate by Mar 31
– FTAA filed DEF14a to extend deadline to Nov 25 2023, vote Feb 15, NAV $10.14
– FSRX filed DEF14a to extend deadline to Aug 22 2023, vote Feb 20, NAV $10.14 (redemptions may be subject to excise tax)
– AACI postponed vote to Jan 31, NAV $10.17
– VSAC extended deadline to May 3, added $1 million to trust account
– CPAR liquidation vote
– GSD extension vote
– BLUA extension vote
– SCMA extension vote
– ASCA redemption
– AAC redemption