SPAC Update – July 26

– HYAC/U $200 million IPO
– PFTA stockholders approved deadline extension to July 23 2024, 22.0 million shares (84.9%) redeemed, 3.9 million shares remain, NAV $10.41
– TLGA stockholders approved Electriq Power deal, closing July 31, July 27 extension vote cancelled, 7.7 million shares (97.3%) redeemed, 212k shares remain, sponsor may accept redemption reversals
– OPA stockholders approved deadline extension to Jan 25 2024, 505k shares (7.6%) redeemed, 6.1 million shares remain, NAV $10.48
– PNAC set Aug 15 deal vote
– EMCG filed DEF14a to extend deadline to Aug 12 2024, vote Aug 9, NAV $10.62
– SGII filed DEF14a to extend deadline to Feb 19 2024, vote Aug 14, NAV $10.56, trust account will not be used to cover potential excise tax
– DKDCA filed PRE14a to extend deadline to May 11 2024, vote Aug 11, NAV $10.88, trust account will not be used to cover potential excise tax
– ASPA filed S-4/a for DLQ deal, filed PRER14a to extend deadline to Feb 12 2024, vote Aug 7
– GIA extended deadline to Aug 28, added $100k to trust account
– GENQ deal vote
– NSTB extension vote
– HWEL extension vote
– CHEA extension vote
– CPUH redemption
– BLUA redemption