SPAC Update – March 13

– MOBV announced a business combination with SRIVARU
– WWAC announced a business combination with Aeries Technology
– BMAQ terminated agreement to acquire assets of DLTx ASA
– LDHA to liquidate Mar 23, NAV $10.20
– DGNU to liquidate Mar 24, NAV $10.00
– ECOAU abandoned S-1
– RDXXU abandoned S-1
– AOGO filed DEF14a to extend deadline to Dec 29 2023, vote Mar 24, NAV $10.45, will not use trust account to cover potential excise tax
– HPLT filed DEF14a to extend deadline to Oct 4 2023, vote Mar 28, NAV $10.25, trust account will not be used to cover potential excise tax
– JAQC filed PRE14a to extend deadline to Dec 17 2023, NAV $10.10, trust account will not be used to cover potential excise tax
– GIA filed PRER14a to extend deadline to Sept 28 2023, vote Mar 28, NAV $10.54
– KINZ stockholders approved CXApp deal
– SEPA had all of its operating cash of $1.2 million at SVB (although none of its trust account)
– TWOA filed DEF14a to extend deadline to Dec 29 2023, vote Mar 24, NAV $10.17
– TRCA stockholders approved deadline extension to June 8 2023 + 9 months, 15.0 million shares (70.6%) redeemed, 6.3 million shares remain, NAV $10.29
– LBBB stockholders approved deadline extension to June 11 2023, 2.8 million shares (40.1%) redeemed, 4.1 million shares remain
– LATG filed PRE14a to extend deadline to Nov 27 2023
– FEXD filed PRER14a to extend deadline to Apr 21 2024, vote Apr 12, trust account will not be used to cover potential excise tax, NAV $10.48
– ITAQ filed PRE14a to extend deadline to Dec 14 2023
– BNIX stockholders approved deadline extension to June 14 2024, 4.0 million shares (57.4%) redeemed, 2.9 million shares remain, NAV $10.37
– FRLA filed PRE14a to extend deadline for up to 6 months (to Nov 5 2023), vote Apr 10
– DHHC rescheduled deal vote to Mar 23
– FATP extended deadline to Apr 15, added $312.9k to trust account
– ROSS deal vote
– IGTA extension vote
– GAMC redemption
– PLMI redemption
– TRON redemption