SPAC Update – July 27

– YOTA / NaturalShrimp deal terminated
– ASCB identified a potential business combination target company in the medical technology sector
– RRAC signed a non-binding letter of intent for a business combination with a company in the global metals sector
– CGRD filed S-1 for $40 million IPO
– GENQ stockholders approved Environmental Solutions Group deal, 5.4 million shares (98.7%) redeemed, 69.7k shares remain, redemption tender reversals available until closing
– KYCH stockholders approved deadline extension to Jan 27 2024, 9.1 million shares (79.1%) redeemed, 2.4 million shares remain, extended deadline to Oct 27 2023, added $90k to trust account
– WRAC stockholders approved deadline extension to Mar 29 2024, 869k shares (25.1%) redeemed, 2.6 million shares remain
– GSD filed DEFR14a to extend deadline to Feb 9 2024, vote Aug 7, NAV $10.93, trust account will not be used to cover potential excise tax
– RMGC filed DEF14a to extend deadline to Feb 9 2024, vote Aug 4, NAV $10.40
– ADOC filed DEF14a to extend deadline to Nov 12 2023, vote Aug 10, NAV $11.21
– JGGC filed DEF14a to extend deadline to Dec 15 2023, vote Aug 11, NAV $10.60
– ASPA filed DEF14a to extend deadline to Feb 12 2024, vote Aug 7, NAV $11.02
– OXAC filed S-4/a for Jet Token deal, vote Aug 4, NAV $11.06
– PCCT filed S-4/a for Spectaire deal
– PEPL filed PRER14a to extend deadline to Apr 19 2024, NAV $10.62
– CLIN filed PRER14a for Alternus Energy deal
– ICNC extended deadline to Aug 26 2023, added $120k to trust account
– NSTB extension vote adjourned to July 28
– AIMBU extension vote
– XPAX extension vote
– ATAK extension vote
– APTM extension vote
– UPTD redemption
– IMAQ redemption