SPAC Update – July 6

– GOGN / LZM deal closed
– PMGM stockholders approved AEON Biopharma deal, 1.7 million shares (84.0%) redeemed, 321k shares remain, closing in July
– AVHI NAV revised from $10.76 to $10.50
– ADER received termination notice from Tiger Resorts Asia Ltd
– FEXD / Rana Financial filed a claim for injunctive and declaratory relief requesting the court invalidate the previous business combination termination
– TMKR management and board resigned, Priveterra Capital took over sponsor and management
– HMAC filed DEFM14a for Able View deal, vote Aug 2, NAV $10.58
– GENQ filed DEFM14a for Environmental Solutions Group deal, vote July 26, NAV $10.71
– HUDA filed DEF14a to extend deadline to Apr 18 2024, vote July 17, NAV $10.46, trust account will not be used to cover potential excise tax
– CHEA filed DEF14a to extend deadline to May 2 2024, vote July 26, NAV $10.67
– BLUA filed DEF14a to extend deadline to Feb 2 2024, vote July 21, NAV $10.51
– SZZL filed PRE14a to extend deadline to Feb 8 2024, vote Aug 7
– AACI filed PRE14a to extend deadline to Feb 17 2024
– BRLI filed PRER14a to extend deadline to Dec 23 2023, vote in July
– FWAC filed S-4/a for Mobile Infrastructure Corp deal
– RMGC filed S-4 for H2B2 deal
– KRNL extended deadline to Aug 5 2023, added $300k to trust account
– LIBY extended deadline to Aug 8 2023, added $150k to trust account
– GLTA deal vote
– WAVS redemption