SPAC Update – March 20

– HPLT announced a business combination with Heidmar
– GXII / NB deal closed
– AIMBU directors and officers resigned and were replaced by new directors and officers led by I-Fa Chang
– CIIG filed DEFM14a for Zapp deal, vote Apr 12, NAV $10.40
– RWOD filed DEF14a to extend its deadline to July 4 2023 + 5 months, vote Mar 31, NAV $10.33 will not use trust account to cover potential excise tax
– NUBI filed PREM14a for Honeycomb deal
– FATP filed S-4/a for Avanseus deal, NAV $10.35
– TWOA postponed extension vote to Mar 31
– TETC stockholders voted against deadline extension, to liquidate Mar 28, NAV $10.18
– UPTD extended deadline to Apr 19, added $45.5k to trust account
– CFFE stockholders approved deadline extension to Sept 16 2023, 1.5 million shares (51.5%) redeemed, 1.4 million shares remain, NAV $10.69
– HWKZ filed DEF14a to extend deadline to Dec 13 2023, vote Apr 6, NAV $10.16
– ACAX filed S-4/a for HWH International deal, NAV $10.12
– HCMA filed PRE14a to extend deadline to May 25 2023 + 8 months, vote Apr 19
– SUAC filed PRE14a to extend deadline to Nov 19 2023, NAV $10.37
– PHYT filed PRE14a to extend deadline
– BYN filed PRE14a to extend deadline to July 24 2023 + 5 months
– INKA deal vote
– JMAC deal vote
– BREZ redemption
– DSAQ redemption