SPAC Update – June 23

– BYN announced a business combination with Pinstripes
– TMKR / Quality Gold deal terminated
– MEOA / Digerati Technologies deal terminated
– FMIV to liquidate July 7
– FLAG / Calidi Biotherapeutics announced $25 million series B funding led by Jackson Investment Group
– COOL stockholders approved deadline extension to Mar 20 2024, 771k shares (64.7%) redeemed, 420k shares remain, NAV $10.48
– TCOA stockholders approved deadline extension to Mar 14 2024, 10.9 million shares (63.2%) redeemed, 6.4 million shares remain, NAV $10.325
– TMKR filed DEF14a to extend deadline to Jan 12 2024, vote July 7, NAV $10.60, trust account will not be used to cover potential excise tax
– CLAY filed DEF14a to extend deadline to Jan 22 2024, vote July 18, NAV $10.88
– BSAQ filed DEF14a to extend deadline to July 20 2024, vote July 13, NAV $10.33
– GLTA filed 424b3 for Marti deal, vote July 5
– WNNR filed DEF14a to extend deadline to Apr 18 2024, vote July 14, NAV $10.62
– DMAQ filed DEF14a to extend deadline to Jan 29 2024, vote July 13, NAV $11.36
– OXAC filed S-4/a for Jet Token deal
– TLGY announced a business combination with Verde Bioresins
– NETC/U filed S-1 for $300 million IPO
– OPA extended deadline to July 25 2023, added $150k to trust account
– EMLD signed LOI, extended deadline to Sept 20 2023
– EVGR filed DEF14a to extend deadline to Aug 11 2024, vote July 18, NAV $10.71
– FEXD extended deadline to July 21 2023, added $110k to trust account
– ACRO extension vote
– GATE redemption