SPAC Update – July 7

– WNNR announced LOI with generative AI software company
– DUET announced a binding LOI with Fenix 360
– VBOC to liquidate July 11
– GLTA stockholders approved Marti deal, closing July 10
– ARTE stockholders approved deadline to Apr 4 2024, 18.0 million shares (89.4%) redeemed, 2.1 million shares remain, NAV $10.49
– CITE stockholders approved deadline extension to Apr 7 2024, 18.8 million shares (81.7%) redeemed, 4.2 million shares remain, NAV $10.67
– FICV stockholders approved deadline extension to July 6 2024, 17.3 million shares (86.3%) redeemed, 2.7 million shares remain, NAV $10.37
– IOAC filed DEF14a to extend deadline to Oct 29 2023, vote July 20, NAV $11.13
– MTAC filed S-4/a for TriSalus Life Sciences deal, vote in July, NAV $10.56
– KNSW filed DEF14a to extend deadline to July 25 2024, vote July 20, NAV $10.53, trust account will not be used to cover potential excise tax
– TRIS filed DEF14a to extend deadline to Oct 18 2024, vote moved to July 17, NAV $10.46
– OXAC filed S-4/a for Jet Token deal
– CLOE filed PRER14a to extend deadline to Jan 22 2024, vote July 19
– QFTA filed PRE14a to extend deadline to Feb 9 2024, vote in Aug, trust account will not be used to cover potential excise tax
– UPTD filed S-4/a for Estrella Biopharma deal
– NOVV extended deadline to Aug 10 2023, $75k added to trust account
– IPVF extended deadline to Aug 9 2023, added $21k to trust account
– MOBV extension vote
– PBAX extension vote
– ACAC redemption
– NCAC redemption
– ADEX redemption
– ALPA redemption
– FACT redemption
– BSAQ / VinFast rumor