SPAC Update – March 15

– HCMA announced a business combination with Murano
– KINZ / CXAI deal closed
– GLLI / Tomorrow Crypto deal terminated
– RKTA to liquidate Mar 29, NAV $10.22
– AOGO revised NAV from $10.45 to $10.30 because management previously used incorrect share number
– CIIG extended deadline to Sept 17 2023, added $2.9 million to trust account
– IGTA stockholders approved deadline extension to Sept 13 2023, 5.9 million shares (56.7%) redeemed, 4.5 million shares remain
– PPHP extended deadline to Apr 16 2023, added $111k to trust account
– SMIH stockholders approved YishengBio deal, 19.4 million shares (96.9%) redeemed, 611k shares remain, closing Mar 16
– WINV extended deadline to Apr 17 2023, added $125k to trust account
– BMAC filed PRE14a to extend deadline to Dec 18 2023, vote in Apr, trust account will not be used to cover potential excise tax
– VMGA filed PRE14a to extend deadline to Nov 15 2023, trust account will not be used to cover potential excise tax
– FEXD filed DEF14a to extend deadline to Apr 21 2024, vote Apr 12, trust account will not be used to cover potential excise tax, NAV $10.48
– PPYA filed PRE14a to extend deadline to Oct 19 2023
– CCV stockholders approved deadline extension to Dec 18 2023, 35.2 million shares (70.4%) redeemed, 14.8 million shares remain, NAV $10.08
– GIA filed DEF14a to extend deadline to Sept 28 2023, vote Mar 28, NAV $10.54
– DUET filed PRE14a to extend deadline to Jan 24 2024, trust account will not be used to cover potential excise tax
– GAMC extension vote
– PLMI extension vote
– TRON extension vote
– OPA redemption